UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Highland Rd / Nanaquaket Pond
MLS Listing ID 1384399
HOA Y/N No
Annual Tax Amount $8,459
Tax Year 2025
Lot Size 89.500 Acres
Acres 89.5
Property Description
This property is being developed into a possible Comprehensive Housing planned community, application is being readied for aprox 470 units, some will be LMI.
Potential to be developed into a condominium / housing development with some spectacular Western / Southwest /Northwest water view sites overlooking the Sakonnet River and Nanaquaket Pond. There are other potential condo sites which have open field overlooks to the pond and barn area. The property has a possible horse stable which is attached and also has natural preserved area.
The property has a beautiful brook running through it (away from the housing development areas) with three waterfalls and a 1-2 Acre pond which is fed by the brook. There is easy access to open space lands which abut one part of the northern boundary.
Pricing reflects the possibilities of a joint venture.
Location
State RI
County Newport
Community Highland Rd / Nanaquaket Pond
Zoning R-40
Interior
Inclusions Selling broker is the controlling interest of the property.
Exterior
Community Features Highway Access, Marina, Public Transportation, Recreation Area, Shopping
Utilities Available Municipal Utilities, Water Connected, Water Available
Waterfront Description Water Access,Walk to Water
View Y/N Yes
View Saltwater, Water
Topography Cleared,Level,Rolling,Rough
Street Surface Asphalt,Dirt,Gravel,Unimproved
Building
Lot Description Level, Rolling Slope, Wooded, Wetlands
Water Water Assessment(s), Public
Additional Building Barn(s)
Structure Type Frame
New Construction No
Others
Senior Community No
Tax ID 536HIGHLANDRDTIVR
Acceptable Financing Investor Financing
Horse Property true
Listing Terms Investor Financing
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