0 Middle Road

Closed 3/31/23
Closed 3/31/23
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Sold
Last Sold Price
$3,500,000
4,463,593 Lot Size102.47 Acres

0 Middle Rd, East Greenwich, RI 02818

LandProperty Type
102.47 acresLot Size

Description

This 102+ acre parcel of land, located directly in-between two luxury neighborhoods in the highly desirable town of East Greenwich, offers a very rare and unique opportunity. With such large parcels seldom becoming available in East Greenwich, this property offers an amazing development opportunity or the chance to build an extraordinary private residence or family compound. Its location is fantastic, nestled between "The Woods" and "High Hawk"--two luxury neighborhoods with estate-quality homes...This 102+ acre parcel of land, located directly in-between two luxury neighborhoods in the highly desirable town of East Greenwich, offers a very rare and unique opportunity. With such large parcels seldom becoming available in East Greenwich, this property offers an amazing development opportunity or the chance to build an extraordinary private residence or family compound. Its location is fantastic, nestled between "The Woods" and "High Hawk"--two luxury neighborhoods with estate-quality homes selling well over $1M, and yet it's mere minutes to the charming town's marinas, fine restaurants, cafes, boutique shops, and top-ranked schools. An engineer's site yield plan estimates the parcel can support 43 two-acre house lots in a conventional subdivision, with potential for smaller-sized lots in a cluster development. While primarily wooded, the parcel also includes about 10% cleared fields, plenty of historic stonewalls, and 3 access points for potential connection to the abutting neighborhoods. An easy commute to Providence or Newport and other coastal towns and beaches, a short drive to area train stations and ferries, and only 20 minutes to RI's international airport. The taxes & assessment reflect its current designation in the State's forest and open space program. With high-performing schools consistently ranked among the top 2 in the state, a charming town center with easy ocean access, and a fabulous, commutable location, this is an ideal development opportunity.
Listing Agent
  1. Erica Gregg

    Erica Gregg

    Listing Agent

    Lila Delman Compass

    P: (401) 595-3235

    CallText
Listing closed: 03/31/2023 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1327484
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Location

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$18,856 per month

30 year fixed, 7.03% Interest

Principal and Interest

$18,685

Property Taxes

$172

HOA Dues

$0

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Property Information for 0 Middle Road

Property Details

  • Taxes: $2,058 / year
  • MLS Type: Land
  • County: Kent County
  • Subdivision Name: Abutting "The Woods" Development

Building Information

  • Lot Size: 102.47 AC

Summary

Location and General Information
  • City: East Greenwich
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts
  • Postal City: East Greenwich
  • Postal Code: 02818
  • Road Frontage Type: City Street
  • State Or Province: RI
  • Topography: Level,Rolling,Rough
  • Zoning: F2
  • Zoning Description: Residential
  • Human Modified Y N: No
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $2,058.00
  • Tax Assessed Value: 96059
  • Tax Lot: 15-5
  • Tax Year: 2022

Property

Lot Information
  • Frontage Length: 623
  • Lot Features: Private, Secluded, Level, Rolling Slope, Wooded, Wetlands
  • Lot Size Acres: 102.47
  • Lot Size Area: 4463593.2
  • Lot Size Square Feet: 4463593.2
  • Lot Size Units: Square Feet
  • Parcel Number: 0MIDDLERDEGRN
  • Possible Use: Residential
  • Stories Total: 0
  • Vegetation: Wooded
Property and Assessments
  • Buyer Financing: Cash
  • Development Status: Raw Land
  • New Construction Y N: No
  • Property Type: Land
  • Road Surface Type: Asphalt
  • Senior Community Y N: No
Utilities
  • Utilities: Other, Water Available
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Bathrooms Total Integer: 0
  • Wooded Area: 90.0

Rental

Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 0 Middle Road

DateEvent & SourcePriceAppreciation
Mar 31, 2023

Sold

Rhode Island Association of REALTORS® #1327484

$3,500,000—
Feb 24, 2023

Contract Signed

Rhode Island Association of REALTORS® #1327484

—
Jan 3, 2023

Listed (Active)

Rhode Island Association of REALTORS® #1327484

$4,000,000—
DateEvent & SourcePrice
03/31/2023

Sold

Rhode Island Association of REALTORS® #1327484

$3,500,000
02/24/2023

Contract Signed

Rhode Island Association of REALTORS® #1327484

—
01/03/2023

Listed (Active)

Rhode Island Association of REALTORS® #1327484

$4,000,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 0 Middle Road

Taxable Value

Land

-

Additions

-
Total-

Home Facts

County

KENT

APN

EGRE

Schools near 0 Middle Road

This home is within East Greenwich School District.
Rating
School
Type
Grades
Distance
George Hanaford School
Public - 3 to 5
Archie R. Cole Middle School
Public - 6 to 8
East Greenwich High School
Public - 9 to 12
James H. Eldredge School
Public - 3 to 5
Rating
School
Distance
George Hanaford School
Public3 to 5

Archie R. Cole Middle School
Public6 to 8

East Greenwich High School
Public9 to 12

James H. Eldredge School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.