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1501 Beacon Hill Rd, Block Island, RI, 02807

$2,980,000

7 Bedrooms
4 Full Baths, 1 Partial
3,603 SqFt
$827/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage, Garage Door Opener
Year Built1986
HeatingForced Air, Natural Gas, Oil
CoolingNone
BasementYes
WaterfrontWaterfront
FireplaceFree Standing
MLS #1332940
Lot Size3.84 Acres
StatusActive

About 1501 Beacon Hill Rd

Situated in the heart of Block Island, this estate spans nearly 4 acres of picturesque landscapes, including rolling hills, pastures, stone walls, and meticulously crafted equestrian facilities. Historically cherished as an equestrian haven, we extend to you an invitation to envision the limitless possibilities that await whether as an idyllic Island farm, a secluded private residence, or an exclusive family retreat. The lush grounds and preserved structures encompass two contiguous lots, nestled amidst 80 acres of conserved and undeveloped terrain. The primary lot boasts an architectural masterpiece bathed in natural light, offering an expansive layout featuring five bedrooms and three bathrooms. Complementing this dwelling is a detached three-car garage, accompanied by a two-bedroom, one-bathroom apartment. The second lot showcases a substantial, state-of-the-art five-stall barn, complete with a spacious storage and hay loft, a well-appointed tack room, a farrier station, and an attached double-depth three-bay garage. The remainder of this property has been meticulously manicured, adorned with reconstructed original stone walls and secure board fencing that encircles a lush grass paddock. It is noteworthy that this property qualifies for favorable tax benefits under the Farm Tax category, providing significant financial advantages. Seize this exceptional opportunity to embrace sustainable living while indulging in the splendor of this extraordinary Block Island estate!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1986
  • Stories: 2
  • Living Area: 3,603 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Water Heater, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior: Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Internal Expansion, Skylights, Tub Shower, Wood Burning Stove
  • Fireplace: Free Standing

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Deck, Porch, Barbecue, TV Antenna

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot, Private, Secluded, Wooded
  • Lot Size: 3.84 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Oil
  • Cooling: None

School Info

Assigned Schools Information:

  • Block Island School, Public District Grades KG-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,980,000
  • Price Per SqFt: $827/SqFt

Tax Information:

  • Annual Amount: $4,335
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1332940

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 466-8777

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,335$646,944
2020$4,115$646,944
2019$3,985$646,944
2018$3,972$667,584
2017$3,912$667,584

History based on county public records data.

Payment Calculator

$14.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,001

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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.

High School

school-card-donut-2302587
7
/10
  • Block Island School

  • High St

  • 1.33 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,464. The most common annual income of people living in Washington County, RI is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Beacon Hill Rd

What is the listing price of this property?

The listing price of 1501 Beacon Hill Rd property is $2,980,000.

What type of property is this?

The property 1501 Beacon Hill Rd is a house located in Block Island, Rhode Island, 02807.

Is this property for sale now?

Active Listing: 1501 Beacon Hill Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1501 Beacon Hill Rd are:
Block Island School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,335 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1501 Beacon Hill Rd has 7 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1501 Beacon Hill Rd is 3,603 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Beacon Hill Rd is 1986.
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Rocket HomesRhode IslandWashington CountyBlock Island028071501 Beacon Hill Rd

This home is located at 1501 Beacon Hill Rd in Block Island, RI and zip code 02807. This 3,603 square foot home, which was built in 1986, sits on a 3.84 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 25, 2023 and is currently priced at $2,980,000.

While more than 32 listings in Washington County, RI in March 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 48 were sold below. In March 2024 in Washington County, RI there were 7.8% more homes for sale than in February 2024. Listings spent 39 days on the market in March 2024, and had a median list price of $551,910 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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