1 month on rocket

1455 Payne Rd, Block Island, RI, 02807

$1,895,000

2.24 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontWater Access, Waterfront, Wetlands
ViewWater
MLS #1372743
Lot Size2.24 Acres
StatusActive

About 1455 Payne Rd

Sweeping Freshwater and Ocean Views Enjoy breathtaking views of both freshwater and ocean horizons from this 2.24-acre parcel, Lot 58-1 of the "The Plains" subdivision. Perfectly positioned to capture stunning sunrises, moonrises, and distant views of Montauk, this residentially zoned lot offers the ideal canvas for your Block Island getaway. Located off Payne Road, with convenient access from Mohegan Trail, the property includes a survey, DEM permit, and a 5-bedroom septic design. RA Zoned for 4% lot coverage which allows for a maximum building height of 32 feet, with 50-foot side and rear setbacks. Surrounded by the Island's iconic stone walls on two sides, this lot provides an extraordinary opportunity to design a home that harmonizes with its serene surroundings. You'll also enjoy easy access to nearby Snake Hole Road, where beachgoers and surfers alike can unwind by the water. With adjacent electric service and requirements for a private well and septic system, this property is ready for your vision. Whether you're seeking a summer retreat or a year-round residence, this parcel promises unforgettable moments in every season.

Property Details

Property Features

Listing Office:

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

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Waterfront, Wetlands
  • View: Water

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Wetlands
  • Lot Size: 2.24 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
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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

$907

Avg. Days On Market

139

# of Sold Homes

4

1455 Payne Rd vs Block Island

31 DAYS ON ROCKET

-108 Days

$1,895,000

+$371K More

KEY TAKEAWAY

This property is $371K more than the Median Sold Price in Block Island, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1372743

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: 12/21/2024, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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NMLS#3030

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-790645
8
/10
  • Matunuck School

  • 380 Matunuck Beach Rd

  • 13.64 miles

  • Public District Grades KG-4

school-card-donut-790646
7
/10
  • Dunn's Corners Elementary School

  • 8 1/2 Plateau Rd

  • 14.85 miles

  • Public District Grades KG-4

school-card-donut-790647
9
/10
  • State Street Elementary School

  • 35 State St

  • 17.52 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,109. The majority of Block Island, RI residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1455 Payne Rd

What is the listing price of this property?

The listing price of 1455 Payne Rd property is $1,895,000.

What type of property is this?

The property 1455 Payne Rd is land located in Block Island, Rhode Island, 02807.

Is this property for sale now?

Active Listing: 1455 Payne Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1455 Payne Rd is 2.24 acres.
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Rocket HomesRhode IslandWashington CountyBlock Island028071455 Payne Rd

This home is located at 1455 Payne Rd in Block Island, RI and zip code 02807. This home sits on a 2.24 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,895,000.

Block Island, RI housing market in November 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The number of listings in Block Island, RI decreased by 11.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 139 days, the median list price was $1,524,000.

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

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