2967 E Main Rd

Portsmouth, RI 02871

$1,500,000
Price
123,711 / 2.84
Lot Size / Acres
the lots lines are approximate, refer to engineering for accurate boundary information
the lots lines are approximate, refer to engineering for accurate boundary information

Description

A rare multi-use opportunity in the heart of Portsmouth, Rhode Island. 2967 East Main Road presents a versatile canvas for developers, investors, and visionaries alike. The property consists of 2.84 acres and multiple outbuildings, including a 5,623 sq. ft. barn with approved plans for residential conversion, and 3 standalone buildings that can be renovated, moved, or torn down. Current commercial zoning allows for a wide range of potential uses, and an approved demolition permit offers the option...A rare multi-use opportunity in the heart of Portsmouth, Rhode Island. 2967 East Main Road presents a versatile canvas for developers, investors, and visionaries alike. The property consists of 2.84 acres and multiple outbuildings, including a 5,623 sq. ft. barn with approved plans for residential conversion, and 3 standalone buildings that can be renovated, moved, or torn down. Current commercial zoning allows for a wide range of potential uses, and an approved demolition permit offers the option to begin anew. Whether your vision involves expanding the residential footprint with additional condominiums or a new neighborhood, repurposing the existing structures for commercial use, or constructing new tradesman units, the groundwork is already established. The property includes site plans, septic approvals, and full engineered and architectural renderings supporting the development of additional residential units. Rooted in history dating back to the 1600s, when the land was originally deeded to the Borden family by the King of England, Borden Farm stands ready for its next chapter, offering an exceptional opportunity to blend heritage, flexibility, and possibility along one of Portsmouth's most desirable corridors.
  1. Listed by Kevin Castner • Brokerage DRE #REB.0019593 • RE/MAX Results
    P: (401)-529-9275 kevinsellsnewport@gmail.com
  2. Listed by Tyler Bernadyn • RE/MAX Results
    P: (401)-241-1851 C: (401)-241-1851 TylerB@resultswithremax.com

Amenities

  • Gym
  • Marina
  • Private Outdoor Space
  • Range
LISTING UPDATED: 11/08/2025 12:32 AM

Property Details for 2967 East Main Road

StatusActive
MLS #1398922
Days on Market64
Taxes$7,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size2.84 AC
CountyNewport County

Location

Listing Courtesy of RE/MAX Results
Add your commute

Building Information for 2967 East Main Road

Lot Size2.84 AC

Payment Calculator

$8,037 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,412

Property Taxes

$625

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2967 East Main Road

Summary
Location and General Information
  • City: Portsmouth
  • Community Features: Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
  • Postal City: Portsmouth
  • Postal Code: 02871
  • State Or Province: RI
  • Topography: Rolling
  • Zoning: C
  • Zoning Description: Condominium,Residential
  • Human Modified Y N: No
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $7,500.00
  • Tax Assessed Value: 1228400
  • Tax Lot: 32A
  • Tax Map Number: 31
  • Tax Year: 2025
Property
Lot Information
  • Frontage Length: 262
  • Lot Features: Rolling Slope
  • Lot Size Acres: 2.84
  • Lot Size Area: 123711.0
  • Lot Size Square Feet: 123711.0
  • Lot Size Units: Square Feet
  • Parcel Number: 2967EASTMAINRDPORT
  • Possible Use: Residential
  • Stories Total: 0
Property and Assessments
  • Development Status: Finished Lots
  • New Construction Y N: No
  • Property Type: Land
  • Road Surface Type: Gravel
  • Senior Community Y N: No
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Municipal Utilities, Water Connected, Water Available
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Wooded Area: 0.0
Rental
Rental Information
  • Land Lease Y N: No

Property History for 2967 East Main Road

DateEvent & SourcePriceAppreciation
Oct 28, 2025

Listed (Active)

Rhode Island Association of REALTORS® #1398922

$1,500,000—
Dec 13, 2024

Sold (Public Record)

Public Record #1546871101

$950,000

+10.8% / yr

Nov 11, 2021

Sold (Public Record)

Public Record #1476673646

$692,500—
DateEvent & SourcePrice
10/28/2025

Listed (Active)

Rhode Island Association of REALTORS® #1398922

$1,500,000
12/13/2024

Sold (Public Record)

Public Record #1546871101

$950,000

+10.8% / yr

11/11/2021

Sold (Public Record)

Public Record #1476673646

$692,500

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

Public Records for 2967 East Main Road

Taxable ValueLand$378,000Additions$276,500Total$654,500
Tax Record2025$8,692 ($724 / month)
Home Facts
Total Finished SqFt4,000 SqFtAbove Grade Finished SqFt4,000 SqFtUnfinished Basement SqFt2,000 SqFtStories2Lot Size50,573 SqFtStyleMiscellaneous CommercialYear Built1860ZoningCCountyNEWPORTAPNPORT M:031 B:0032A

Schools near 2967 East Main Road

This home is within Portsmouth School District.
Rating
School
Type
Grades
Distance
Howard Hathaway School
Public - K to 4
Portsmouth Middle School
Public - 5 to 8
Portsmouth High School
Public - 9 to 12
Melville School
Public - PK to 4
Rating
School
Distance
Howard Hathaway School
PublicK to 4

Portsmouth Middle School
Public5 to 8

Portsmouth High School
Public9 to 12

Melville School
PublicPK to 4

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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More information about 2967 East Main Road, Portsmouth, RI 02871

2967 East Main Road is a 2.84 ac of land for sale in Portsmouth, RI 02871. This property was listed for sale on October 28, 2025 by RE/MAX Results, it's currently listed at $1,500,000. It has been on the market for a total of 64 days and was last sold on December 13, 2024. This listing's school district is Portsmouth School District. Nearby schools include Howard Hathaway School, Portsmouth Middle School and Portsmouth High School. 2967 East Main Road is a 0-bed, 0-bath, 2.84 ac of land on a 123,711 sq. ft. / 2.84 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

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.