$430,000

Pending

Est. Mortgage $2,062/mo *

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177 Cedar Avenue, Portsmouth, RI, 02871

177 Cedar Avenue, Portsmouth, RI, 02871

Rare waterfront opportunity with endless potential! Situated on a desirable 0.12-acre waterfront lot on Island Park, this property offers a unique chance for contractors, builders, investors, or buyers looking to create their dream home. The existing residence features 3 bedrooms, 1 full bathroom, and approximately 994 square feet of living space, but will require substantial renovation or a complete redevelopment. Whether you choose to restore or start fresh with a brand-new custom build that can potentially expand on its current size the value lies in the exceptional waterfront setting and the possibilities this property presents. With limited waterfront parcels available, this is a rare opportunity to secure a prime location and bring your vision to life. The existing footprint provides a foundation for future expansion, while the lot offers the potential to maximize water views and create a truly special property. Being sold as-is. Buyers to conduct their own due diligence regarding redevelopment, expansion, and building possibilities. Don't miss this chance to transform a waterfront property into something extraordinary.


Status:

Pending

Type:

Lot / Acreage

Zoning:

R10

Frontage:

52

Subdivision:

Island Park

Acreage:

0.12

Est. Taxes:

$7,358

Assessment

$651,500

Permitted Use

Single Family

Construction

Frame

Utilities

Electricity Available

Lot Description:

Level

View Description:

Saltwater,Water

Amenities:

Golf, Highway Access, Marina, Near Schools, Pool, Restaurant, Shopping

Days on Market:

20

MLS #:

1415106


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Castle Keep Realty Corp. 401-846-0386