5 months on rocket

2424 Tower Hill Rd, North Kingstown, RI, 02874

$10,000,000

127.12 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontBeach, Waterfront, Wetlands
ViewWater
MLS #1360093
Lot Size127.12 Acres
StatusActive

About 2424 Tower Hill Rd

Beautifully sited on 127 acres , River Farm is a classic gentlemen's estate. This private retreat overlooks breathtaking water views and tranquil wooded grounds. The 127 acres consists of 4 separate parcels with each parcel measuring approximately 30 acres. Potential for sub-dividing the property for development ....It requires a major subdivision with minimum requirements of 80,000 square feet and 200 ft. frontage. POSSIBLE to purchase separate parcel or parcels.

Property Details

Property Features

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 884-5522

Exterior Features

Exterior Information:

  • Waterfront: Beach, Waterfront, Wetlands
  • View: Water

Lot Features

Lot Information:

  • Lot: Waterfront, Level, Rolling/Hilly, Wooded, Wetlands
  • Lot Size: 127.12 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,000,000
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Housing Market Comparison

See how this home compares to others in North Kingstown, RI.

Med. Sold Price

$626.1K

Med. Price/SqFt

$326

Avg. Days On Market

33

# of Sold Homes

21

2424 Tower Hill Rd vs North Kingstown

169 DAYS ON ROCKET

+136 Days

$10,000,000

+$9.3M More

KEY TAKEAWAY

This property is $9.3M more than the Median Sold Price in North Kingstown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1360093

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 884-5522

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: 12/18/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$49.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$30K

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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-4310233
8
/10
  • Hamilton Elementary School

  • 25 Salisbury Ave

  • 2.47 miles

  • Public District Grades KG-5

school-card-donut-4310234
9
/10
  • Kingston Hill Academy

  • 850 Stony Fort Rd

  • 3.17 miles

  • Public Charter Grades KG-5

school-card-donut-4310235
7
/10
  • Melrose Avenue School

  • 76 Melrose Ave

  • 3.86 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. The majority of North Kingstown, RI residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In North Kingstown, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in North Kingstown, RI?

North Kingstown offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from colonial and cape cod to contemporary homes, reflecting the town's rich historical roots and modern growth. The housing market is dynamic, with a mix of older homes dating back to the early 20th century and newer developments that cater to a variety of preferences.

Is North Kingstown, RI a good place to live?

North Kingstown is celebrated for its coastal charm and historical significance, with a community that prides itself on a strong sense of local heritage. The town's character is further enriched by its scenic waterfronts, well-preserved historic districts, and a calendar filled with community events that showcase local traditions and foster a sense of togetherness.

Are things conveniently located in North Kingstown, RI?

The town is served by a range of essential services, including public schools that cater to various educational needs, healthcare facilities equipped to provide comprehensive care, and a public library system that supports lifelong learning. Retail and dining options in North Kingstown reflect the local culture, offering both familiar and unique experiences for residents and visitors alike.

What does the transportation in North Kingstown, RI look like?

North Kingstown's transportation infrastructure supports both private and public transit options, with a network of roads that connect to major highways, facilitating travel and commuting. Public transportation services are available, providing residents with alternatives to private vehicle use. The town also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transport.

Frequently Asked Questions About 2424 Tower Hill Rd

What is the listing price of this property?

The listing price of 2424 Tower Hill Rd property is $10,000,000.

What type of property is this?

The property 2424 Tower Hill Rd is land located in North Kingstown, Rhode Island, 02874.

Is this property for sale now?

Active Listing: 2424 Tower Hill Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2424 Tower Hill Rd is 127.12 acres.
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Rocket HomesRhode IslandWashington CountyNorth Kingstown028742424 Tower Hill Rd

This home is located at 2424 Tower Hill Rd in North Kingstown, RI and zip code 02874. This home sits on a 127.12 acre lot. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $10,000,000.

North Kingstown, RI housing market in November 2024 saw over 7 listings sold above listed price, more than 1 sold at listed price and over 13 sold below. In November 2024 in North Kingstown, RI there were 15.1% less homes for sale than in October 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $626,125 during the same period.

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

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