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202 Old Mill Lane

Portsmouth, RI 02871
  • $650,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 1383818
Price Reduced
UPDATED: 71 min ago
$650,000
  • 1
    BEDS
  • 0.51
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 502
    SQFT
  • $1,295
    $/SQFT
Type:
Single-Family Home
Built:
1993
County:
Area:

School Ratings & Info

Description

Vacant 0.50-Acre Lot with Existing Garage + Approved ADU Potential. Calling all builders, visionaries, and buyers looking to create their dream home in coastal Portsmouth! This half-acre lot offers a rare opportunity: This very private fenced and tree lined lot is a vacant buildable parcel that already features an oversized barn-style two-car updated garage with a fully updated studio apartment above it, including a full bathroom, new flooring, working appliances, and mini-split HVAC. The structure has undergone significant upgrades by the current owner, including heavy insulation, new PVC siding, updated electrical, GFCI outlets, and fire-rated drywall all done with permits. The studio unit is eligible to become an official Accessory Dwelling Unit (ADU) once a primary residence is constructed on the lot a perfect setup for future rental income, multigenerational living, or flexible guest space. For those ready to build, conceptual architectural plans are already on file for a two-story, 3-bedroom home, and a 4-bedroom septic design has been submitted to the town and is currently under review. Public water is already connected. SO much leg work has thoughtfully been done for you. Don't miss this rare blend of flexibility, infrastructure, and future potential whether you're a builder or a homeowner ready to break ground. Ideally situated near scenic Indian Avenue, 202 Old Mill Lane offers a prime location with a short walk to publicly accessible Pebble Beach .

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-18T08:37:46.23.
www.onshorerealtors.com/homes/163287577
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202 Old Mill Lane Portsmouth, RI 02871

  • Price: $650,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 71 min ago
  • MLS #: 1383818
1
Beds
1
Baths
0
½ Baths
0.51
Acres
502
SQFT
$1,295
$/SQFT
1993
Built
County:
Newport
Area:
Portsmouth
Property Description
Vacant 0.50-Acre Lot with Existing Garage + Approved ADU Potential. Calling all builders, visionaries, and buyers looking to create their dream home in coastal Portsmouth! This half-acre lot offers a rare opportunity: This very private fenced and tree lined lot is a vacant buildable parcel that already features an oversized barn-style two-car updated garage with a fully updated studio apartment above it, including a full bathroom, new flooring, working appliances, and mini-split HVAC. The structure has undergone significant upgrades by the current owner, including heavy insulation, new PVC siding, updated electrical, GFCI outlets, and fire-rated drywall all done with permits. The studio unit is eligible to become an official Accessory Dwelling Unit (ADU) once a primary residence is constructed on the lot a perfect setup for future rental income, multigenerational living, or flexible guest space. For those ready to build, conceptual architectural plans are already on file for a two-story, 3-bedroom home, and a 4-bedroom septic design has been submitted to the town and is currently under review. Public water is already connected. SO much leg work has thoughtfully been done for you. Don't miss this rare blend of flexibility, infrastructure, and future potential whether you're a builder or a homeowner ready to break ground. Ideally situated near scenic Indian Avenue, 202 Old Mill Lane offers a prime location with a short walk to publicly accessible Pebble Beach .
Exterior Features

Construction Materials Other Covered Spaces 2 Exterior Features Paved Driveway TV Antenna Fencing Fenced Foundation Details Slab Garage YN Yes Levels Two Other Structures Barn(s) Outbuilding Parking Features Detached Garage Parking Total 8 Waterfront Features Beach Access Walk to Water

Interior Features

Appliances Dryer Dishwasher Electric Water Heater Refrigerator Washer Basement None Basement YN No Below Grade Finished Area 0 Cooling Heat Pump Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Hardwood Heating Electric Forced Air Heat Pump Heating YN Yes Living Area 502

Property Features

Attached Garage YN No Business Type Other Community Features Golf Marina Near Schools Recreation Area Restaurant Shopping Tennis Court(s) Electric 150 Amp Service Human Modified YN Yes Land Lease YN No New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Septic Tank Tax Annual Amount 6122 Tax Assessed Value 372000 Tax Lot 1 / A Tax Year 2024 Water Source Multiple Meters Public Zoning R-40

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of RE/MAX Results: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Onshore Realtors are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Onshore Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-18T08:37:46.23.
 
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57 Shore Rd, Suite B
Westerly RI, 02891