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1423 Cooneymus Rd, Block Island, RI, 02807

$4,650,000

4 Bedrooms
4 Full Baths, 1 Partial
5,501 SqFt
$845/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year Built2004
HeatingNatural Gas, Hot Water, Zoned
CoolingCentral Air
BasementYes
WaterfrontWaterfront
FireplaceGas
ViewWater
MLS #1312712
Lot Size1.89 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1423 Cooneymus Rd

Perched majestically within the exclusive enclave of Southwest Point on Block Island, the extraordinary residence known as "Bluffhead" commands attention and admiration. With over 4700 square feet of pure luxury, this 5-bedroom, 4.5-bath estate boasts unparalleled ocean views from every angle. Its open floor-plan seamlessly integrates a gourmet kitchen, dining area, and living space, crafting an ambiance of grandeur and comfort. Two magnificent primary suites, marked by soaring ceilings and sweeping Atlantic Ocean panoramas, spill out onto inviting terraces that effortlessly blend indoor and outdoor living. A two-car garage on the first level accommodates island vehicles and toys, while a capacious basement houses an entertainment room, wine cellar, and workout space, complete with an additional lower-level deep garage, ideal for storing your island boat. Beyond its splendor, Bluffhead proves an enticing investment, as its allure yields substantial weekly rental income, solidifying its status as a coveted destination for those seeking the best of Block Island living. Inquire for more details to embark on this extraordinary lifestyle and secure your piece of coastal paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2004
  • Stories: 3
  • Living Area: 5,501 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Wet Bar, Bathtub, Cathedral Ceiling(s), Stall Shower, Tub Shower, Central Vacuum, Cable TV, Wine Cellar
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Barbecue

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 1.89 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Zoned
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,650,000
  • Price Per SqFt: $845/SqFt

Tax Information:

  • Annual Amount: $13,168
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Block Island, RI.

Med. Sold Price

$1.5M

Med. Price/SqFt

$811

Avg. Days On Market

90

# of Sold Homes

2

1423 Cooneymus Rd vs Block Island

879 DAYS ON ROCKET

+789 Days

$4,650,000

+$3.1M More

$845/SqFt

+$33 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $33/SqFt more than other homes in Block Island, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1312712

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$13,168$1,965,360
2020$12,500$1,965,360
2019$12,106$1,965,200
2018$12,000$2,016,800
2017$11,818$2,016,800

History based on county public records data.

Payment Calculator

$23.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-316047
7
/10
  • Dunn's Corners Elementary School

  • 8 1/2 Plateau Rd

  • 15.51 miles

  • Public District Grades KG-4

school-card-donut-316048
8
/10
  • Matunuck School

  • 380 Matunuck Beach Rd

  • 15.78 miles

  • Public District Grades KG-4

school-card-donut-316049
9
/10
  • State Street Elementary School

  • 35 State St

  • 18.02 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,464. The majority of Block Island, RI residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1423 Cooneymus Rd

What is the listing price of this property?

The listing price of 1423 Cooneymus Rd property is $4,650,000.

What type of property is this?

The property 1423 Cooneymus Rd is a house located in Block Island, Rhode Island, 02807.

Is this property for sale now?

Accepting Backup Offers: 1423 Cooneymus Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,168 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1423 Cooneymus Rd has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1423 Cooneymus Rd is 5,501 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1423 Cooneymus Rd is 2004.
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Rocket HomesRhode IslandWashington CountyBlock Island028071423 Cooneymus Rd

This home is located at 1423 Cooneymus Rd in Block Island, RI and zip code 02807. This 5,501 square foot home, which was built in 2004, sits on a 1.89 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 26, 2022 and is currently priced at $4,650,000.

Block Island, RI housing market in October 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 1 sold below. The number of homes for sale in Block Island, RI decreased by 33.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,512,000, while the average time on the real estate market was 90 days.

From Rocket Homes Real Estate and based on county public records data.

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