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Roults Jean-Francois

The Jean-Francois Group

jeanfrancoisgroupmgt@gmail.com +1(401) 316-9458

$ 650,000

Est. payment -/mo

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Price Dropped by $100K

202 Old Mill LN Portsmouth, RI 02871

1 Bed

1 Bath

502 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 502 sqft

Price per Sqft $1,294

MLS Listing ID 1383818

Bedrooms 1

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 502

Year Built 1993

Annual Tax Amount $6,122

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Single Family Residence

Property Description

Vacant 0.50-Acre Lot with Existing Garage + Approved ADU Potential. Calling all builders, visionaries, and buyers looking to create their dream home in coastal Portsmouth! This half-acre lot offers a rare opportunity: This very private fenced and tree lined lot is a vacant buildable parcel that already features an oversized barn-style two-car updated garage with a fully updated studio apartment above it, including a full bathroom, new flooring, working appliances, and mini-split HVAC. The structure has undergone significant upgrades by the current owner, including heavy insulation, new PVC siding, updated electrical, GFCI outlets, and fire-rated drywall all done with permits. The studio unit is eligible to become an official Accessory Dwelling Unit (ADU) once a primary residence is constructed on the lot a perfect setup for future rental income, multigenerational living, or flexible guest space. For those ready to build, conceptual architectural plans are already on file for a two-story, 3-bedroom home, and a 4-bedroom septic design has been submitted to the town and is currently under review. Public water is already connected. SO much leg work has thoughtfully been done for you. Don't miss this rare blend of flexibility, infrastructure, and future potential whether you're a builder or a homeowner ready to break ground. Ideally situated near scenic Indian Avenue, 202 Old Mill Lane offers a prime location with a short walk to publicly accessible Pebble Beach .

Location

State RI

County Newport

Zoning R-40

Rooms

Basement None

Interior

Heating Electric, Forced Air, Heat Pump

Cooling Heat Pump

Flooring Hardwood

Fireplaces Type None

Fireplace No

Appliance Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer

Exterior

Exterior Feature Paved Driveway, TV Antenna

Parking Features Detached

Garage Spaces 2.0

Fence Fenced

Community Features Golf, Marina, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)

Waterfront Description Beach Access,Walk to Water

Total Parking Spaces 8

Garage Yes

Building

Story 2

Foundation Slab

Sewer Septic Tank

Water Multiple Meters, Public

Level or Stories 2

Additional Building Barn(s), Outbuilding

Structure Type Other

New Construction No

Others

Senior Community No

Tax ID 202OLDMILLLANEPORT

Virtual Tour https://youriguide.com/202_old_mill_ln_portsmouth_ri/

Listed by RE/MAX Results

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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