$10,000,000

2424 Tower Hill Rd Saunderstown, RI 02874

Estimated payment $56,972/month

Total Views 48,366
127 Acres
$78,666 Price per Acre
5,537,348 Sq Ft Lot

Highlights

  • Beach Front
  • 127.12 Acre Lot
  • Wooded Lot
  • Hamilton Elementary School Rated A
  • Wetlands on Lot
  • Walking Distance to Water

About This Lot

Beautifully sited on 127 acres , River Farm is a classic gentlemen's estate. This private retreat overlooks breathtaking water views and tranquil wooded grounds. The 127 acres consists of 4 separate parcels with each parcel measuring approximately 30 acres. Potential for sub-dividing the property for development ....It requires a major subdivision with minimum requirements of 80,000 square feet and 200 ft. frontage. POSSIBLE to purchase separate parcel or parcels.

Listing Agent

The Monaco Group

Mott & Chace Sotheby's Intl. Listed on: 07/01/2024

Mott & Chace Sotheby's Intl.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,929

Lot Details

  • 127.12 Acre Lot
  • Beach Front
  • Dirt Road
  • Level Lot
  • Wooded Lot
  • Property is zoned RR

Additional Features

  • Water Views
  • Property near a hospital
  • Well

Listing and Financial Details

  • Tax Lot 3,4,7,9
  • Assessor Parcel Number 2424TOWERHILLRDNKNG

Community Details

Amenities

  • Shops
  • Restaurant

Recreation

  • Walking Distance to Water
  • Wetlands on Lot
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$20,929

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 127.12
  • Road Surface Type: Dirt
  • Inclusions: The historic farmhouse is located on 15/3 and has 6 beds, inground pool, and caretaker's residence. There is also an exercise facility and a Pole Barn. Currently enjoys a tax advantage: Forest, Farm and Open Space Taxation Classification Right of Way - info TBD
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Lot Features: Waterfront, Level, Rolling Slope, Wooded, Wetlands
  • Topography: Level,Lowland,Rolling
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Other Structures: Outbuilding

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5537347.0
  • Wooded Area: 50.0
  • Parcel #: 2424TOWERHILLRDNKNG
  • Zoning Description: Residential
  • Zoning: RR

Tax Info

  • Tax Annual Amount: 20929.0
  • Tax Block: 000
  • Tax Lot: 3,4,7,9
  • Tax Map Number: 15,4
  • Tax Year: 2023

Map

Range of Values:

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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
07/01/2024 07/01/24 For Sale $10,000,000 0.0% $2,857 / Sq Ft
07/01/2024 07/01/24 For Sale $10,000,000 -- --
Source: State-Wide MLS

Source: State-Wide MLS

MLS Number: 1360093

State-Wide MLS