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1501 Beacon Hill Road, Block Island, Residential

$ 3,500,000
1501 Beacon Hill Road, ,
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Overview

  • Updated On:
  • August 13, 2024
  • 7 Bedrooms
  • 4 Bathrooms
  • 5,182 ft2

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

Address: 1501 Beacon Hill Road
State/County:
Zip: 02807
Country: US
Open In Google Maps
Property Id : 1165516
Price: $ 3,500,000
Property Size: 5,182 ft2
Property Lot Size: 6 ft2
Rooms: 10
Bedrooms: 7
Bathrooms: 4
Architectural Style: Contemporary,Cottage
Basement: Full,Walkout,Partially Finished,Bathroom,Bedroom(s),Common,Playroom,Storage Space,Utility,Work Shop
Bathrooms Half: 0
Bathrooms Total Decimal: 4
Below Grade Finished Area: 625
Bridge Modification Timestamp: 2024-08-13T04:36:40.831Z
Building Area Total: 4557
Community Features: Marina,Public School,Recreational Facilities,Schools,Shopping,Pool,Tennis
Construction Materials: Dry Wall,Shingles
Contract Status Change Date: 2024-08-02
Cooling: None
Covered Spaces: 6
Door Features: Storm Door(s)
Electric: 100 Amp Service,110 Volts,220 Volts,Circuit Breakers
Fireplace Features: Free Standing
Fireplaces Total: 1
Flooring: Ceramic Tile,Hardwood,Carpet
Foundation Details: Concrete Perimeter
Garage Spaces: 6
Heating: Natural Gas,Oil,Forced Air
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.
List Agent Direct Phone: 401-741-1825
List Agent Email: Rosemary.Tobin@LilaDelman.com
List Agent Full Name: Rosemary TOBIN
Listing Contract Date: 2024-08-02
Listing Id: 1364568
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Barn,Corner Lot,Extra Lot,Fenced,Horse Permitted,Out Building,Private Compound,Stable,Underground Utilities,Wooded
Lot Size Area: 270681.84
Lot Size Square Feet: 270681.84
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-08-13T04:32:19.630Z
Original Entry Timestamp: 2024-08-02T21:44:08.763Z
Original List Price: 3500000
Other Equipment: Barbecue Grill,Carpeting,Ceiling Fan,Fuel Pump,TV Antenna,Wood Stove
Other Structures: Guest House
Parking Features: Detached,Garage Door Opener
Parking Total: 26
Patio and Porch Features: Deck,Porch
Room Bathroom Features: Bath w Tub,Bath w Shower Stall
Sewer: Septic Tank
State or Province: RI
Status Change Timestamp: 2024-08-02T21:44:08.763Z
Stories Total: 2
Street Additional Info: & 1551
Street Name: Beacon Hill
Street Number: 1501
Street Suffix: Road
Tax Annual Amount: 9218
Tax Year: 2023
Water Source: Private,Well
Waterfront Features: Walk to Salt Water,Walk To Water
Window Features: Insulated Glass Windows
Year Built: 1986
Zoning: RA
Other Features
Can Raise Horses
Cathedral Ceilings,Cedar Closet,Internal Expansion,Skylight,Stairs
Deck
Dishwasher
Dryer
Exhaust Fan
Gas Water Heater
Guest House
Has Fireplace
Has Garage
Has Heating System
Insulation: Ceiling,Floors,Walls
Oven/Range
Plumbing: Mixed
Porch
Range Hood
Refrigerator
Walls: Dry Wall
Washer
$ 13,570.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 13,570.19

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