Discover a rare opportunity to own a stunning 6+ acre estate in the heart of Block Island, comprising three distinct lots two developed and one vacant. This unique property features a spacious, sunlit 5-bedroom, 3-bathroom residence that radiates comfort and elegance, along with a 2-bedroom, 1-bathroom apartment ideal for guests or rental income. The estate includes a 3-car garage with ample storage space and a state-of-the-art 5-stall barn equipped with a roomy storage/hay/studio loft, tack room, and farrier station. An attached double-depth 3-bay garage provides even more storage. The meticulously maintained grounds boast beautifully rebuilt stone walls, sturdy board fencing, and a secure grass paddock, all surrounded by 80 acres of conserved land ensuring privacy and tranquility. The vacant lot offers additional potential for development or expansion. This versatile property could transform into an Island farm, serve as a serene private residence, or become a cherished family compound. With significant tax benefits under the Farm Tax category, it's a wise investment for those seeking sustainable living. Don't miss this exceptional chance to own three lots on Block Island, where tranquility and endless potential come together. The barn Lot (81-2) can be converted into a single-family home; it needs updated electrical work, septic and well, architectural rough plans are available. Main House Lot - 1.94 acres: Barn Lot - 1.91 acres: Vacant Lot - 2.36 acres
Property Details
Property Features
Property Information:
Architectural Style: Cabin, Contemporary
Year Built: 1986
Stories: 2
Living Area: 5,182 SqFt
Listing Office:
Office Name: Lila Delman Compass
Office Phone: (401) 466-8777
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Water Heater, Range, Refrigerator, Range Hood, Washer
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Matunuck School
380 Matunuck Beach Rd
Distance between this listing and this school15.02 miles
Public District Grades KG-4
7
/10
Dunn's Corners Elementary School
8 1/2 Plateau Rd
Distance between this listing and this school15.70 miles
Public District Grades KG-4
9
/10
State Street Elementary School
35 State St
Distance between this listing and this school18.30 miles
Public District Grades KG-4
Nearby Schools
7
/10
Westerly Middle School
10 Sandy Hill Rd
Distance between this listing and this school16.17 miles
Public District Grades 5-8
7
/10
Narragansett Pier School
235 S Pier Rd
Distance between this listing and this school18.80 miles
Public District Grades 5-8
5
/10
Chariho Regional Middle School
455B Switch Rd
Distance between this listing and this school20.08 miles
Public District Grades 5-8
Nearby Schools
7
/10
Block Island School
Block Island School, High Street
Distance between this listing and this school1.32 miles
Public District Grades KG-12
8
/10
Westerly High School
23 Ward Ave
Distance between this listing and this school18.67 miles
Public District Grades 9-12
8
/10
Narragansett High School
245 S Pier Rd
Distance between this listing and this school18.90 miles
The neighbors living near this home have an average income of $83,464. Typical income of Block Island, RI residents is 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 1501 Beacon Hill Rd
What is the listing price of this property?
The listing price of 1501 Beacon Hill Rd property is $3,500,000.
What type of property is this?
The property 1501 Beacon Hill Rd is a house located in Block Island, Rhode Island, 02807.
Is this property for sale now?
Active Listing: 1501 Beacon Hill Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,335 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1501 Beacon Hill Rd has 7 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 1501 Beacon Hill Rd is 5,182 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1501 Beacon Hill Rd is 1986.
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This home is located at 1501 Beacon Hill Rd in Block Island, RI and zip code 02807. This 5,182 square foot home, which was built in 1986, sits on a 6.21 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $3,500,000.
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. In November 2024 in Block Island, RI there were 11.8% less homes for sale than in October 2024. In November 2024, listings were on the market for 139 days. During the same period, the median list price in this real estate market was $1,524,000.
From Rocket Homes Real Estate and based on county public records data.
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