1220 Ives Road Warwick

$1,950,000
10 7 8,803 sq ft

The Property

Bring your vision. The setting is already done. This stately 1875 Colonial sits on 9+ acres along the Potowomut River, with open meadows, a pond, mature trees, and room to breathe. Private and peaceful, yet just minutes from Main Street East Greenwich.

The bones are grand: mahogany front porch, hardwood floors, multiple fireplaces, multiple staircases, formal dining, and a sunny breakfast nook off the kitchen. Replacement windows, and some updated mechanicals are already in place. A finished in-law apartment sits above the 4-car integral garage, plus a 2-car detached garage and additional outbuildings. A renovation is underway and ready for its next owner to bring it home. When complete, there is potential for 8,800+ sq ft and 6+ full baths. Priced well below assessed value. Sold as-is.

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Listing Details

MLS Number

1425863

Lot Size:

9.49 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility, Wine Cellar
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Patio
  • Porch
  • Fireplace: Brick, Marble, Tile
  • Heating: Bottle Gas, Oil, Baseboard, Forced Air, Forced Water, Steam
  • Heating Fuel: Bottle Gas, Oil, Baseboard, Forced Air, Forced Water, Steam
  • Garage: 1
  • Barn
  • Fenced
  • Horse Permitted
  • Out Building
  • Other
  • Stable
  • Wooded
  • Type: Colonial
  • Year Built: 1875
  • Water Amenities: Waterfront, River, Saltwater Front, Saltwater View, Walk to Salt Water

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Market Trends for Single Family Homes
in Warwick

  • Overview
    Homes for Sale Today185-95.6% decrease in inventory
    New on Market *1333.9% increase in new listings
    Avg. Asking Price/Sq.Ft. *$361.82$8 increase in List Price/Sq.Ft.
    Avg. Sale Price *$493,868$12,709 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.51%-0.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$358.37$1 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *601 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.

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