MLS #1364568

1501 - & 1551 Beacon Hill Rd, Block Island, RI

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

MLS #
1364568
Status:
Active
Type:
Single Family
Style:
Contemporary, Cottage
Neighborhood:
Beacon Hill
Beds:
7
Full/Half Baths
4 / 0
Living Area:
5,182 sq ft
Apx Above Grade Living Area:
4,557 sq ft
Apx Below Grade Living Area:
625 sq ft
Site Acres:
6
Year Built:
1986
Garage Type:
Detached, Garage Door Opener
Garage Spaces:
6
Parking Spaces:
26
Exterior:
Deck, Guest House, Porch
Finished Floor:
Ceramic Tile, Hardwood, Carpet
Sewer:
Septic Tank
Electric:
100 Amp Service, 110 Volts, 220 Volts, Circuit Breakers
Heating:
Natural Gas, Oil, Forced Air
Cooling:
None
Waterfront Features:
Walk to Salt Water, Walk To Water
Lot:
Barn, Corner Lot, Extra Lot, Fenced, Horse Permitted, Out Building, Private Compound, Stable, Underground Utilities, Wooded
Lot Sq. Footage:
270,682 sq ft
Appliances:
Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Range Hood, Oven/Range, Refrigerator, Washer
Equipment:
Barbecue Grill, Carpeting, Ceiling Fan, Fuel Pump, TV Antenna, Wood Stove
Community Features:
Marina, Public School, Recreational Facilities, Schools, Shopping, Near Swimming, Tennis
Building Levels:
2
Total Rooms:
10
Interior Features:
Cathedral Ceilings,Cedar Closet,Internal Expansion,Skylight,Stairs, Walls: Dry Wall, Plumbing: Mixed, Insulation: Ceiling,Floors,Walls
Fireplaces:
1
Fireplace Type:
Free Standing
Foundation Type:
Concrete Perimeter
Zoning:
RA
Real Estate Taxes:
$9,218
Real Estate Tax Year:
2023
Listed By:
Lila Delman Compass

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