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Residential Land for Sale in East Greenwich, Rhode Island

470 Shippee Rd, East Greenwich, RI 02818

$324,000
1.48 acres
Active sale
ago
Est $2,548/mo

Highest & Best Due Saturday, 5/30 By 12:30 PM In the heart of desirable East Greenwich where South Road becomes Shippee Road, this 1.48-acre parcel offers a rare opportunity for a new build in a peaceful country setting. The land is flat and lightly wooded with classic stone walls, mature plantings, and seasonal flowers, creating an inviting backdrop for a future custom home or small hobby/equestrian use. DEM site eval; OWTS Inspection Report and Soil Eval available. The existing cottage is a tear-down: it sits on cinder blocks, has no permanent heat source (wood stove only), and will not qualify for conventional, FHA, VA, or rehab/construction financing. If purchasing as a single-family residence with the existing structure, cash buyers only. If purchasing as land, specialized land/lot financing may be obtainable, subject to lender requirements and buyer due diligence. The well and cesspool do not meet current code and will require buyer replacement. Do not walk the property without an agent present; access is by appointment only. **Also listed as a SFH under MLS Listing #1411833

Location

Street address
470 Shippee Rd
Zip code
02818
Community
Shippee
Elevation
390 feet
Coordinates
41.607, -71.5338

Property details

Acreage
1.48 acres64,469 sq ft
Zoning
F2
MLS #
SWMLS 1411843
Posted

Property taxes

2026
$4,366

Details and features

Listing

Type
Land
Zoning
Residential

Lot

Features
Barn, Electronic Pet Fence, Horse Permitted, Rural

Structure

Water
Well

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
May 29, 2026New listing$324,000SWMLS
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This 1.48-acre property is located at 470 Shippee Rd in East Greenwich, RI 02818. The property is available for sale for $324,000 with a price per acre of $218,919.

Listed by RI Real Estate Services, (401) 465-0417

Checked 1 hour agoUpdated Source

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