StatusAccepting Backup Offers (Active Under Contract)
About 00 Wapping Rd
Introducing an exceptional opportunity for builders and developers, this prime 7-acre parcel is located on Wapping Road in the picturesque town of Portsmouth, Rhode Island. Boasting an enviable location near Newport National Golf Course, pristine beaches, shopping, and the vibrant downtown of Newport, this property offers incredible potential for development or creating a unique compound. Currently comprising two lots with the potential to subdivide into up to six 40,000 sq. ft. lots, this expansive acreage is an ideal canvas for visionary builders. Presently being utilized as a nursery, the property features a wealth of natural screening on the borders while the interior remains mostly cleared. A versatile building on the property can be conveniently used as a workshop during the construction process. The front lot faces Wapping Road, providing easy access and excellent visibility. Meanwhile, the 6.5-acre lot is currently accessed via right of way on Briarwood Lane, ensuring privacy and seclusion for future residents. This highly desirable location offers the best of both worlds: a serene, semi-rural setting within close proximity to the area's finest attractions and amenities. With convenient access to all these offerings without the need for main roads, future residents will truly enjoy the ultimate coastal Rhode Island lifestyle. Please note, all interested parties must obtain permission before walking or driving onto the lot. Don't miss this rare opportunity!
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Profnl. Newport, Inc.
Office Phone: (401) 849-0100
Lot Features
Lot Information:
Lot: Level
Lot Size: 7.00 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $1,850,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
2
/10
Forest Avenue School
315 Forest Ave
Distance between this listing and this school2.11 miles
Public District Grades KG-3
5
/10
Aquidneck School
70 Reservoir Ave
Distance between this listing and this school2.60 miles
Public District Grades PK-3
2
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school3.19 miles
Public District Grades PK-4
Nearby Schools
4
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school1.74 miles
Public District Grades 4-4
6
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school1.74 miles
Public District Grades 5-8
7
/10
Portsmouth Middle School
125 Jepson Ln
Distance between this listing and this school2.92 miles
Public District Grades 4-8
Nearby Schools
6
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school2.14 miles
Public District Grades 9-12
4
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school5.50 miles
Public District Grades 9-12
8
/10
Portsmouth High School
120 Education Ln
Distance between this listing and this school6.07 miles
The neighbors living near this home have an average income of $94,243. Most Portsmouth, RI residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 00 Wapping Rd
What is the listing price of this property?
The listing price of 00 Wapping Rd property is $1,850,000.
What type of property is this?
The property 00 Wapping Rd is land located in Portsmouth, Rhode Island, 02871.
Is this property for sale now?
Accepting Backup Offers: 00 Wapping Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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This home is located at 00 Wapping Rd in Portsmouth, RI and zip code 02871. This home sits on a 7.00 acre lot. It has been listed on Rocket Homes since August 03, 2023 and is currently priced at $1,850,000.
While more than 8 listings in Portsmouth, RI in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 19 were sold below. In March 2024 in Portsmouth, RI there were 14.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $650,000, while the average time on the real estate market was 66 days.
From Rocket Homes Real Estate and based on county public records data.
Skiing/snowboarding
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Bob Evans
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