2 Fanning Place

Wood River Junction, RI 02894

$1,375,000
Price
1,520,244 / 34.9
Lot Size / Acres

Description

Excellent development opportunity! This 34 acre residential development, in a desirable area in Hopkington RI. Private gravel cul-de-sac off of Woodville Rd, Fanning Place & Baton Way . Approved for 6 residential lots, 4 duplex lots & 2 Single Family lots. DEM approved septic designs in hand. House plans, road in place, electricity tied in. Lots will require septic & well. Fully approved, ready to build, residential subdivision with a total of 10 units. One level, 3-4 bedroom plans. Move forward...Excellent development opportunity! This 34 acre residential development, in a desirable area in Hopkington RI. Private gravel cul-de-sac off of Woodville Rd, Fanning Place & Baton Way . Approved for 6 residential lots, 4 duplex lots & 2 Single Family lots. DEM approved septic designs in hand. House plans, road in place, electricity tied in. Lots will require septic & well. Fully approved, ready to build, residential subdivision with a total of 10 units. One level, 3-4 bedroom plans. Move forward with the plans in place or pursue a range of development opportunities at buyers discretion. Owner is willing to hold paper to a qualified buyer, possibility for buyer to build in phases. Potential for 34 total units with additional approvals. Reach out for more information on the subdivision, documentation available upon request.
  1. Listed by Bessette Veloso Group • Residential Properties Ltd.
    P: 401-368-4485 bvrentals@residentialproperties.com

Property Details for 2 Fanning Place

Waterfront Features
Walkto Water

Location

Listing Courtesy of Residential Properties Ltd.
Add your commute
LISTING UPDATED: 01/31/2024 09:15 AM

Property Details for 2 Fanning Place

StatusActive
MLS #1342036
Days on Market254
Taxes$10,616 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size34.90 AC
CountyWashington County

Location

Listing Courtesy of Residential Properties Ltd.
Add your commute

Building Information for 2 Fanning Place

Lot Size34.90 AC

Payment Calculator

$8,389 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,504

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2 Fanning Place

Summary
Location and General Information
  • City: Hopkinton
  • Community Features: Highway Access, Near Hospital, Near Schools
  • Postal City: Hopkinton
  • Postal Code: 02832
  • State Or Province: RI
  • Topography: Cleared,Rolling
  • Zoning: RFR80
  • Zoning Description: Residential
  • Human Modified Y N: Yes
Taxes and HOA Information
  • Tax Annual Amount: $10,616.00
  • Tax Assessed Value: 724163
  • Tax Lot: 42A
  • Tax Year: 2022
Property
Lot Information
  • Frontage Length: 1606
  • Lot Features: Paved, Rolling Slope, Wooded, Wetlands
  • Lot Size Acres: 34.9
  • Lot Size Area: 1520244.0
  • Lot Size Square Feet: 1520244.0
  • Lot Size Units: Square Feet
  • Parcel Number: 242A-FFANNINGPLHOPK
  • Possible Use: Multi Family, Residential, Single Family
  • Stories Total: 0
  • Vegetation: Wooded
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: None
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Wooded Area: 40.0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Listing Terms: Investor Financing, Owner May Carry

Property History for 2 Fanning Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2 Fanning Place

This home is within Chariho School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
Chariho Regional Middle School
Public5 to 8

Chariho High School
Public9 to 12

Chariho Career And Tech Center
Public9 to 12

Chariho Alternative Learning Academy
Public1 to 12

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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2 Fanning Place is a 34.9 ac of land for sale in Wood River Junction, RI 02894. This property was listed for sale on August 17, 2023 by Residential Properties Ltd., it's currently listed at $1,375,000. This listing's school district is Chariho School District. Nearby schools include Chariho Regional Middle School, Chariho High School and Chariho Career And Tech Center. 2 Fanning Place is a 0-bed, 0-bath, 34.9 ac of land on a 1,520,244 sq. ft. / 34.9 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Residential Properties Ltd.

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.