470 Shippee Road, East Greenwich, RI 02818
Local realty services provided by:ERA Key Realty Services
Listed by: elizabeth carrison
Office: ri real estate services
MLS#:1411833
Source:RI_STATEWIDE
Price summary
- Price:$324,000
- Price per sq. ft.:$374.57
About this home
**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...
Contact an agent
Home facts
- Year built:1945
- Listing ID #:1411833
- Added:26 day(s) ago
- Updated:June 25, 2026 at 09:11 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Flooring:Carpet, Ceramic Tile, Laminate
- Basement:Yes
- Living area:865 sq. ft.
Heating and cooling
- Heating:Wood
Structure and exterior
- Year built:1945
- Building area:865 sq. ft.
- Lot area:1.48 Acres
- Construction Materials:Wood Siding
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Well
- Sewer:Cesspool
Finances and disclosures
- Price:$324,000
- Price per sq. ft.:$374.57
- Tax amount:$4,366 (2025)
Features and amenities
- Amenities:Electric Water Heater
Parking
- Total parking spaces:4
- Parking description:No Garage
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