6 months on rocket

30 Sandy Point Farm Rd, Portsmouth, RI, 02871

$3,500,000

0 Baths
30,269 SqFt
$116/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1860
HeatingBaseboard, Natural Gas
CoolingNone
FireplaceNone
MLS #1347340
Lot Size6.15 Acres
StatusActive

About 30 Sandy Point Farm Rd

Being sold with behind lot #187, 190 & 103. One of the most prestigious horse farms in America during its height, "Sandy Point Farm" is the last vestiges of the original 280-acre Vanderbilt Estate. Designed by Architect A.S. Walker, The Sandy Point Stables were built beginning in 1860, with completion in 1902. Owner Reginald Claypoole Vanderbilt son of Cornelius Vanderbilt and grandfather to CNN's Anderson Cooper, grew up at The Breakers, his family home in Newport. A horse breeder and avid sportsman he spared no expense in building the magnificent property. The structure built with main beams of 2 x 24 cypress features three separate rooflines, with cupolas at the 60' peak of the riding ring. Renowned for its prominence in the horse industry Sandy Point Farm was the epicenter for society during the summer social season. Housing 24-stall stables, a 150 ft 15,000 square foot indoor riding arena, grooms' quarters, and a guest lounge it the building now stands as an integral part of the history of Rhode Island and a reminder of a glorious era in American horse sports.

Property Details

Property Features

Property Information:

  • Year Built: 1860
  • Stories: 2
  • Living Area: 30,269 SqFt

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 789-8899

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: No
  • Flooring Type: Other
  • Fireplace: None

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Private, Secluded
  • Lot Size: 6.15 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $9,356
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Portsmouth, RI.

Med. Sold Price

$650K

Med. Price/SqFt

$346

Avg. Days On Market

54

# of Sold Homes

14

30 Sandy Point Farm Rd vs Portsmouth

180 DAYS ON ROCKET

+126 Days

$3,500,000

+$2.8M More

$116/SqFt

-$230 Less

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price and $230/SqFt less than other homes in Portsmouth, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1347340

Listing Office:

  • Office Name: Mott & Chace Sotheby's Intl.
  • Office Phone: (401) 789-8899

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: 5/2/2024, 4:25:15 AM 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$9,356$611,100
2020$9,107$604,300
2019$10,034$611,800
2018$9,770$611,800
2017$9,434$611,800

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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.

Nearby Schools

school-card-donut-4547876
8
/10
  • Melville School

  • 1351 W Main Rd

  • 2.63 miles

  • Public District Grades PK-3

school-card-donut-4547877
2
/10
  • Forest Avenue School

  • 315 Forest Ave

  • 2.97 miles

  • Public District Grades KG-3

school-card-donut-4547878
5
/10
  • Aquidneck School

  • 70 Reservoir Ave

  • 4.29 miles

  • Public District Grades PK-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,243. Typical income of Portsmouth, RI residents is between $35k-100k annually. Typical family type 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 30 Sandy Point Farm Rd

What is the listing price of this property?

The listing price of 30 Sandy Point Farm Rd property is $3,500,000.

What type of property is this?

The property 30 Sandy Point Farm Rd is a house located in Portsmouth, Rhode Island, 02871.

Is this property for sale now?

Active Listing: 30 Sandy Point Farm Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,356 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 30 Sandy Point Farm Rd is 30,269 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 30 Sandy Point Farm Rd is 1860.
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Rocket HomesRhode IslandNewport CountyPortsmouth0287130 Sandy Point Farm Rd

This home is located at 30 Sandy Point Farm Rd in Portsmouth, RI and zip code 02871. This 30,269 square foot home, which was built in 1860, sits on a 6.15 acre lot. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $3,500,000.

Over 5 listings were sold over their listed price in April 2024 in Portsmouth, RI. In the same period over 4 listings were sold below the listed price and 5 listings were sold for the listed price. In April 2024 in Portsmouth, RI there were 10.8% less homes for sale than in March 2024. In April 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $650,000.

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

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