2951 E Main Rd Portsmouth, RI 02871
Estimated payment $13,382/month
Highlights
- Marina
- Barn
- Recreation Facilities
- Portsmouth High School Rated A-
- 2.84 Acre Lot
- Public Transportation
About This Lot
A rare opportunity in the heart of Portsmouth, Rhode Island. 2951 East Main Road offers multiple paths forward for developers, investors, and visionaries alike. Set on 2.84 acres, the property is anchored by a 6-unit Second Empire Victorian farmhouse, dating back to 1865 and listed on the National Register of Historic Places, with three turnkey condominiums currently available to rent or sell at retail. The property also features multiple outbuildings, most notably a 5,623 sq. ft. barn that has been fully approved to be retrofitted into 4 residential units. The complete development package encompasses site plans, septic approvals, and full engineered and architectural renderings. Current approvals allow for a total of 26 residential units across the property: six condominium units within the historic farmhouse (three already sold), four units in the converted barn, and sixteen additional ground-up new construction residences. Borden Farm traces its roots back to the 1600s when the land was deeded to the Borden family by the King of England. Today, it stands as both a testament to Portsmouth's past and an extraordinary canvas for the future.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,500
Lot Details
- 2.84 Acre Lot
- Lot Has A Rolling Slope
- Finished Lot(s)
- Property is zoned Condominium,Residential
HOA Fees
- $863 Monthly HOA Fees
Farming
- Barn
Listing and Financial Details
- Tax Lot 32A
- Assessor Parcel Number 29512967EASTMAINRDPORT
Community Details
Overview
- Borden Farm Estates Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Recreation Facilities
- Outbuilding
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/29/2025 08/29/25 | For Sale | $2,200,000 | 0.0% | -- |
06/20/2023 06/20/23 | Rented | $1,900 | -5.0% | -- |
06/06/2023 06/06/23 | For Rent | $2,000 | -- | -- |
Source: State-Wide MLS
MLS Number: 1393802

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