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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

0.51 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1384022

HOA Y/N No

Annual Tax Amount $6,122

Tax Year 2024

Lot Size 0.510 Acres

Acres 0.51

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

Exterior

Exterior Feature Paved Driveway

Fence Fenced

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

Utilities Available Electricity Available, Municipal Utilities, Water Connected

Waterfront Description Beach Access,Walk to Water

Topography Level

Building

Lot Description Level

Water Multiple Meters, Public

Additional Building Barn(s), Outbuilding

Structure Type Other

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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