$1,600,000
$350K PRICE DROP

194 Pilot Hill Rd New Shoreham, RI 02807

Estimated payment $10,539/month

Total Views 29,110
4.57 Acres
$349,773 Price per Acre
199,261 Sq Ft Lot

Highlights

  • Marina
  • Water Access
  • Wetlands on Lot
  • Water Views
  • Private Lot
  • Wooded Lot

About This Lot

This 4.57-acre parcel of land, situated in the highly sought-after Pilot Hill area and across from John E's Tug Hole, presents an exceptional opportunity to create your own custom-built Block Island vacation home. With an engineering survey and approved Site Plan & OWTS endorsement from the Town of New Shoreham already in place, the groundwork is set for a smooth path to construction. Surrounded by awe-inspiring scenery and conveniently located near all the amenities the Island has to offer, this property offers a lifestyle that blends tranquility with adventure. The land is well-suited for a range of build-to-suit options whether you're dreaming of a modern coastal escape, a classic New England cottage, or a spacious retreat for hosting family and friends. Buyers are welcome to explore custom building opportunities tailored to their specific needs and preferences. Several local builders and architects familiar with the Island's permitting and design process are available for consultation. Inquire for more information on design possibilities, timelines, and recommended professionals who can help bring your vision to life. Don't miss this rare opportunity to secure a piece of Block Island and begin planning a home that reflects your lifestyle, surrounded by natural beauty and endless potential.

Last Listed By

Rosemary Tobin

Compass / Lila Delman Compass License #RES.0028817 Listed on: 05/14/2024

Property Details

Property Type

  • Land

Lot Details

  • 4.57 Acre Lot
  • Dirt Road
  • Private Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RA

Additional Features

  • Water Views
  • Water Not Available

Listing and Financial Details

  • Tax Lot 194-3
  • Assessor Parcel Number 0LOT194-3PILOTHILLRDNSHM

Community Details

Overview

  • Pilot Hill Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Recreation Facilities
  • Water Access
  • Walking Distance to Water
  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.5744
  • Road Surface Type: Dirt
  • Inclusions: This is a newly subdivided lot, and the Town of New Shoreham taxes have not been updated yet, so they are not available. I will update the MLS as soon as this information becomes available. The subdivided lot includes a basic survey and an engineered survey with a site plan, both of which have been approved and permitted by the Department of Environmental Management (DEM). Additionally, the On-Site Wastewater System (OWTS) has been approved by the Town of New Shoreham.
  • Subdivision Name: Pilot Hill
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Private, Secluded, Wooded, Rolling Slope, Wetlands
  • Topography: Rolling
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Disclosures: Septic Disclosure

Utilities

  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Development Status: Raw Land
  • Land Lease: No
  • Lot Size Sq Ft: 199261.0
  • Wooded Area: 35.0
  • Parcel #: 0LOT194-3PILOTHILLRDNSHM
  • Zoning Description: Residential
  • Zoning: RA

Tax Info

  • Tax Lot: 194-3
  • Tax Map Number: 8
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Price Changed $1,600,000 -8.6% --
08/27/2024 08/27/24 Price Changed $1,750,000 -10.3% --
05/14/2024 05/14/24 For Sale $1,950,000 -- --
Source: State-Wide MLS

Source: State-Wide MLS

MLS Number: 1359094

State-Wide MLS