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470 Shippee RD East Greenwich, RI 02818
1.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Shippee
MLS Listing ID 1411843
HOA Y/N No
Annual Tax Amount $4,366
Tax Year 2026
Lot Size 1.480 Acres
Acres 1.48
Property Description
**Highest & Best Due Saturday, 5/30 By 12:30 PM** In the heart of desirable East Greenwich where South Road becomes Shippee Road, this 1.48-acre parcel offers a rare opportunity for a new build in a peaceful country setting. The land is flat and lightly wooded with classic stone walls, mature plantings, and seasonal flowers, creating an inviting backdrop for a future custom home or small hobby/equestrian use. DEM site eval; OWTS Inspection Report and Soil Eval available.
The existing cottage is a tear-down: it sits on cinder blocks, has no permanent heat source (wood stove only), and will not qualify for conventional, FHA, VA, or rehab/construction financing. If purchasing as a single-family residence with the existing structure, cash buyers only. If purchasing as land, specialized land/lot financing may be obtainable, subject to lender requirements and buyer due diligence. The well and cesspool do not meet current code and will require buyer replacement. Do not walk the property without an agent present; access is by appointment only. **Also listed as a SFH under MLS Listing #1411833
The existing cottage is a tear-down: it sits on cinder blocks, has no permanent heat source (wood stove only), and will not qualify for conventional, FHA, VA, or rehab/construction financing. If purchasing as a single-family residence with the existing structure, cash buyers only. If purchasing as land, specialized land/lot financing may be obtainable, subject to lender requirements and buyer due diligence. The well and cesspool do not meet current code and will require buyer replacement. Do not walk the property without an agent present; access is by appointment only. **Also listed as a SFH under MLS Listing #1411833
Location
State RI
County Kent
Community Shippee
Zoning F2
Exterior
Fence Electric
Community Features Golf, Highway Access, Marina, Near Hospital, Near Schools, Pool, Recreation Area, Restaurant, Shopping, Tennis Court(s), Street Lights
Topography Level
Street Surface Asphalt
Building
Lot Description Level
Water Well
Additional Building Barn(s)
New Construction No
Others
Senior Community No
Tax ID 470SHIPPEERDEGRN
Horse Property true
Virtual Tour https://tour.RiLiving.com/470-Shippee-Road-East-Greenwich-RI-02818
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