Portsmouth, RI 02871,312 PROSPECT LN
Portsmouth, RI 02871,312 PROSPECT LN
Portsmouth, RI 02871,312 PROSPECT LN
40
$1,500,000
$1,250,000
20.0%
Est.Price: ?

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3 BD
3 BA
1,083 SqFt

312 PROSPECT LN Portsmouth, RI 02871

Est. payment /mo
SOLD DATE : 05/20/2022

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Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,083 sqft

Price per Sqft $1,385

Subdivision Waterfront Prospect Farm

MLS Listing ID 1309066

Sold Date 05/20/22

Bedrooms 3

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 1,083

Year Built 1930

Annual Tax Amount $10,784

Tax Year 2021

Lot Size 1.263 Acres

Acres 1.2629

Property Description

The possibilities are endless for this truly unique and spacious 3 cottage waterfront compound in beautiful Prospect Farm. Accessed via a private right-of-way that conveys with the property, this 1.26 acre lot with 220+ ft of frontage on the Sakonnett River offers a sanctuary retreat. Enter through the granite pillars and immediately notice the expansive views, large and largely pastoral lot and total privacy afforded by the mature plantings on all 3 sides of the property. What a fantastic spot to spend summer vacations, or expand one of the cottages for year round living. In the past 10 years all 3 cottages have been renovated with roofing, siding, windows and interior finishes. 2 of the 3 are currently occupied and used year round. In addition, a gorgeous and impressive 90+ ft long dock with boat lift and design for a second boat lift has been installed. If needed, up to 3 moorings can also be applied for. A recently installed 4 bed Advantex septic system services the 3 buildings, allowing for the addition of 1 more bedroom. Breathtaking views coupled with a large lot and newer major improvements make this a stellar opportunity. You simply won't find anything else like it.

Location

State RI

County Newport

Community Waterfront Prospect Farm

Zoning Res

Rooms

Basement None

Interior

Interior Features Cathedral Ceiling(s), Tub Shower, Cable TV, Wood Burning Stove

Heating Forced Air, Propane

Cooling None

Flooring Laminate, Vinyl

Fireplaces Number 1

Fireplaces Type Stone

Fireplace Yes

Window Features Thermal Windows

Appliance Dryer, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer

Laundry In Unit

Exterior

Exterior Feature Deck

Community Features Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping

Waterfront Description Beach Access,Beach Front,Dock Access,Water Access,Walk to Water,Waterfront

View Y/N Yes

View Saltwater, Water

Porch Deck

Total Parking Spaces 10

Garage No

Building

Lot Description Private, Secluded, Waterfront

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Connected, Multiple Meters

Structure Type Drywall,Shingle Siding,Wood Siding

New Construction No

Others

Senior Community No

Tax ID 312318PROSPECTLANEPORT

Financing Cash

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Listed by Lila Delman Compass
Bought with Hogan Associates Christie's

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agent

Michael Hannigan

Realtor® | License ID: MA9569074

+1(617) 888-6606

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