470 Shippee Road, East Greenwich, RI 02818

$353,450
2
BD
1
BA
865
SqFt

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Sold Price
$353,450
List Price
$324,000
Status
CLOSED
MLS#
1411833
Closing Date
Aug 19, 2026
Year Built
1945
Levels
One
Style
Cabin
Bedrooms
2
Bathrooms
1
Acres
1.90
Living Area
865
Subdivision
Shippee

Property Description

**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 mostly flat and lightly wooded with classic stone walls, mature plantings, and seasonal flowers; an inviting backdrop for a future custom home or small hobby/equestrian use, subject to approvals. Upon property transfer, the zoning will change from F2 to F1. DEM Site Eval, OWTS Inspection Report and Soil Eval Report 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. See MLS#1411843 for vacant land listing

Additional Information

Taxes
$4,366
Lot Size
82,764
Flooring
Carpet, Ceramic Tile, Laminate
Heating
None, Wood
Cooling System Type
None
Sewer
Cesspool
Water Source
Well
Appliances
Electric Water Heater
Basement
None
Parking Spaces
4

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Listing courtesy of RI Real Estate Services. Contact:

Selling Office: RI Real Estate Services.

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. Information is deemed reliable but is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated: