2424 Tower Hill Road, North Kingstown, RI 02874

$12,000,000 Asking Price

6 beds
4 baths
3,500  sqft

Beautifully sited on 127 acres, River Farm is a classic gentleman's estate. This private retreat overlooks breathtaking water views and tranquil wooded grounds. The estate consists of a 6-bedroom historic farmhouse, inground pool, and pool house, caretaker's residence, and a working farm. The stone patio in the rear of the home offers plenty of space for outdoor entertaining. The walking paths lead to approximately one mile of waterfront along the Pettaquamscutt River. There is potential for subdividing the property for development. To develop the property requires a major sub-division with minimum requirements of 80,000 square feet and 200-foot frontage. River Farm is located near beautiful Narragansett beaches, 20 minutes to Newport and 40 minutes to Providence. This rare offering is the opportunity to own your ideal getaway.


Features & Amenities

Interior

General:
Cedar Closet(s),Cathedral Ceiling(s),Skylights
Appliances:
Dryer,Dishwasher,Exhaust Fan,Oven,Range,Refrigerator,Range Hood
Basement:
Partial,Partially Finished,Walk-Out Access
Flooring:
Ceramic Tile,Marble,Wood
A/C:
true, 1 Unit,Wall Unit(s)
Heating:
true, Baseboard,Oil
Fireplace:
Masonry,Stone, Fireplace, Fireplaces: 4

Exterior

General:
Patio, Barn(s),Outbuilding
Style:
Cape Cod,Colonial,Historic/Antique
Other Structures:
Barn(s),Outbuilding
Pool:
In Ground
Parking:
No Garage, Parking spaces: 5

Construction

Windows:
Skylight(s),Storm Window(s)
General:
Plaster,Masonry,Shingle Siding,Wood Siding, 2, Concrete Perimeter

Location

Originating MLS:
RIS
County:
Washington

Lot

Zoning:
2424TOWERHILLRDNKNG

Utilities

Utilities:
150 Amp Service
Water:
Well
Sewer:
Other,Private Sewer

Financial

Source:
RIS
Buyers Agent Compensation:
2.5% Net Sale
NA Compensation:
2.5% Net Sale. Compensation is based on the net sale price minus seller credits to buyer for closing costs, prepaids, repairs and escrows.

This listing courtesy of:
Mott & Chace Sotheby's Intl.

About Saunderstown, RI

Housing

Number of Units
3,090
Median Home Value
$490,274
Median Rent
$1,517

20.65% of housing units are renter occupied.

11.38% are vacant.

Commute

Car
52.22%
Public Transportation
1.63%
Walk to Work
0.11%
Work from Home
43.38%
Other
0.93%

The median travel time to work is 17 minutes.

People

Population
7,193
Median Age
43.20
Median Household Size
2.82

Education

High School
12.00%
Associate’s Degree
5.83%
Bachelor’s Degree
30.90%
Graduate Degree
31.37%

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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