1501 Beacon Hill RD Active

Block Island,RI 02807

$ 3500000

7 Beds

4 Baths

5182 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,182 sqft

Price per Sqft $675

Subdivision Beacon Hill

MLS Listing ID 1364568

Style Cabin,Contemporary

Bedrooms 7

Full Baths 4

Year Built 1986

Annual Tax Amount $6,550

Tax Year 2023

Lot Size 6.214 Acres

Property Sub-Type Single Family Residence

Property Description

Discover a rare opportunity to own a stunning 6+ acre estate in the heart of Block Island, comprising three distinct lots two developed and one vacant. This unique property features a spacious, sunlit 5-bedroom, 3-bathroom residence that radiates comfort and elegance, along with a 2-bedroom, 1-bathroom apartment ideal for guests or rental income. The estate includes a 3-car garage with ample storage space and a state-of-the-art 5-stall barn equipped with a roomy storage/hay/studio loft, tack room, and farrier station. An attached double-depth 3-bay garage provides even more storage. The meticulously maintained grounds boast beautifully rebuilt stone walls, sturdy board fencing, and a secure grass paddock, all surrounded by 80 acres of conserved land ensuring privacy and tranquility. The vacant lot offers additional potential for development or expansion. This versatile property could transform into an Island farm, serve as a serene private residence, or become a cherished family compound. With significant tax benefits under the Farm Tax category, it's a wise investment for those seeking sustainable living. Don't miss this exceptional chance to own three lots on Block Island, where tranquility and endless potential come together. The barn Lot (81-2) can be converted into a single-family home; it needs updated electrical work, septic and well, architectural rough plans are available. Main House Lot - 1.94 acres: Barn Lot - 1.91 acres: Vacant Lot - 2.36 acres

Location

State RI

County Washington

Community Beacon Hill

Zoning RA

Interior

Heating Forced Air,Gas,Oil

Cooling None

Flooring Ceramic Tile,Hardwood,Carpet

Fireplaces Number 1

Fireplaces Type Free Standing

Inclusions Taxes are low since all three lots hold a Certificate of Land Designated as Farmland. See attachment in supplements. Main House Lot - 1.94 acres Barn Lot - 1.91 acres Vacant Lot - 2.36 acres House was built in 1986 partially renovated in 2018. Accessory 2 bedroom, 3 car garage built in 1991. Barn built in 1999. Assessment is based on Farm Tax Status. Barn has electric and water but no septic system.

Exterior

Exterior Feature Deck,Porch,Barbecue,TV Antenna

Parking Features Detached

Garage Spaces 6.0

Fence Fenced

Community Features Marina,Near Schools,Recreation Area,Shopping,Tennis Court(s)

Utilities Available Underground Utilities

Waterfront Description Walk to Water

Building

Lot Description Corner Lot,Multiple lots,Private,Secluded,Wooded

Story 2

Foundation Concrete Perimeter

Sewer Septic Tank

Water Private,Well

Structure Type Drywall,Shingle Siding

New Construction No

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