838 Center Road Block Island

$1,925,000
3 1.5 1,448 sq ft

The Property

Redstone Farm, formerly part of the historic Red Gate Farm, is a rare Block Island property in the heart of New Harbor. Set back from Center Road and West side rd for privacy, this renovated 3-bedroom, 1.5-bath home enjoys sweeping views of the marinas of New Harbor and the Great Salt Pond, where sailboats and yachts create a picturesque backdrop throughout the day. This property offers the perfect blend of privacy, convenience, and beauty.

Updated in 2021 with a new kitchen and modern finishes, the property features two spacious decks, an outdoor shower, manicured gardens, and a two-story barn with ample storage and future potential.

This property being so close to marinas, restaurants, the farmers market, and playground, while being less than 1 mile to Old Harbor, makes Redstone perfectly positioned to take advantage of New Harbor’s waterfront charm. With a strong rental history, room to expand, and an exceptional location, this is a unique opportunity to own a special piece of Block Island.

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Listing Details

MLS Number

1414350

Lot Size:

1.30 acres

Features

  • Basement: Partial, Bulkhead, Unfinished, Storage Space, Utility
  • Marina
  • Recreational Facilities
  • Restaurants
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Heating: Oil, Forced Air
  • Heating Fuel: Oil, Forced Air
  • Barn
  • Type: Cottage
  • Year Built: 1830
  • Water Amenities: Freshwater View, Saltwater View, Walk to Fresh Water, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Block Island

  • Overview
    Homes for Sale Today17-89.7% decrease in inventory
    New on Market *6500% increase in new listings
    Avg. Asking Price/Sq.Ft. *$1,302.95$756 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,942,500$1,942,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *69.88%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$767.08$767 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *516516 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Block Island Realty

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