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50
Photos
1501 Beacon Hill Road, Block Island, RI 02807
$3,500,000 Asking Price
$---/mo Est. Payment Get Prequalified »
7
beds
4
baths
5,182
sqft
Built in
1986
Discover a rare opportunity to own a stunning 6+ acre estate in the heart of Block Island, comprising three distinct lots two developed and one vacant. This unique property features a spacious, sunlit 5-bedroom, 3-bathroom residence that radiates comfort and elegance, along with a 2-bedroom, 1-bathroom apartment ideal for guests or rental income. The estate includes a 3-car garage with ample storage space and a state-of-the-art 5-stall barn equipped with a roomy storage/hay/studio loft, tack room, and farrier station. An attached double-depth 3-bay garage provides even more storage. The meticulously maintained grounds boast beautifully rebuilt stone walls, sturdy board fencing, and a secure grass paddock, all surrounded by 80 acres of conserved land ensuring privacy and tranquility. The vacant lot offers additional potential for development or expansion. This versatile property could transform into an Island farm, serve as a serene private residence, or become a cherished family compound. With significant tax benefits under the Farm Tax category, it's a wise investment for those seeking sustainable living. Don't miss this exceptional chance to own three lots on Block Island, where tranquility and endless potential come together. The barn Lot (81-2) can be converted into a single-family home; it needs updated electrical work, septic and well, architectural rough plans are available. Main House Lot - 1.94 acres: Barn Lot - 1.91 acres: Vacant Lot - 2.36 acres
Features & Amenities
Interior
- General:
- Bathtub,Cedar Closet(s),Cathedral Ceiling(s),Internal Expansion,Skylights,Tub Shower,Wood Burning Stove
- Appliances:
- Dryer,Dishwasher,Exhaust Fan,Gas Water Heater,Oven,Oil Water Heater,Range,Refrigerator,Range Hood,Washer
- Basement:
- Full,Partially Finished,Walk-Out Access
- Flooring:
- Ceramic Tile,Hardwood,Carpet
- A/C:
- false, None
- Heating:
- true, Forced Air,Gas,Oil
- Fireplace:
- Free Standing, Fireplace, Fireplaces: 1
Exterior
- General:
- Deck,Porch,Barbecue,TV Antenna, Barn(s),Guest House,Outbuilding
- Style:
- Cabin,Contemporary
- Other Structures:
- Barn(s),Guest House,Outbuilding
- Parking:
- Detached,Garage,Garage Door Opener, Parking spaces: 26
Construction
- Windows:
- Skylight(s),Thermal Windows
- General:
- Drywall,Shingle Siding, 2, Concrete Perimeter
Location
- Originating MLS:
- RIS
- County:
- Washington
Lot
- Zoning:
- RA, 1501&1551BEACONHILLRDNSHM
- Fencing:
- Fenced
Utilities
- Utilities:
- Underground Utilities, 110 Volts,100 Amp Service,Circuit Breakers,220 Volts
- Water:
- Private,Well
- Sewer:
- Septic Tank
Financial
- Source:
- RIS
This listing courtesy of:
Lila Delman Compass
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Block Island, RI
Housing
- Number of Units
- 1,804
- Median Home Value
- $914,857
- Median Rent
- $716
29.87% of housing units are renter occupied.
63.36% are vacant.
Commute
- Car
-
52.57%
- Public Transportation
-
5.82%
- Walk to Work
-
17.44%
- Work from Home
-
21.66%
- Other
-
0.66%
The median travel time to work is 13 minutes.
People
- Population
- 1,440
- Median Age
- 47.40
- Median Household Size
- 2.27
Education
- High School
-
21.87%
- Associate’s Degree
-
4.38%
- Bachelor’s Degree
-
32.03%
- Graduate Degree
-
17.96%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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