Nestled on a private 2.03 acre parcel on Lee's Ridge Road, this lovely homesite presents an opportunity to create a spacious Island retreat on Block Island's scenic west side. Surrounded by natural beauty, the property is ideally located within walking distance of Cooneymus Beach, where sunsets over the Block Island Sound are amazing. And just a stroll to Rodman's Hollow, offering miles of protected Conservancy trails to explore. Perfect for nature enthusiasts seeking tranquility and privacy. Survey and soil evaluations have been completed and are available for prospective buyers.
Permitted Use
Single Family
Utilities
None,Water Not Available
Lot Description:
Cul-De-Sac,Rolling Slope,Wooded
Amenities:
Marina, Near Schools, Pool, Recreation Area, Restaurant, Shopping, Tennis Court(s)
0 Lee's Ridge Road, Block Island, RI, 02807
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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