362 Bramans Lane Portsmouth

$2,980,000
4 2 10,355 sq ft

The Property

This historic 1860 farmhouse is a classic New England farmstead on 32.13 acres of open fields and a small maple grove with meadow views on Aquidneck Island, less than five miles from downtown Newport. The property offers nearly 3,000 square feet of living space overlooking rolling pastures and a vernal pond, with multiple barns and outbuildings completing the traditional farm setting.

Recent updates include new roofs on the farmhouse, barns, garages, and chicken coops, a new electrical system, new septic, and major structural work to the barns and garages. The barns and outbuildings provide excellent options for agricultural use, equestrian facilities, workshops, guest accommodations, or studio space.

Configured as a legal two-family residence, the farmhouse offers flexibility for multigenerational living, caretaker or guest quarters, or potential rental income. The 32-plus-acre farm setting is a short walk to the Sakonnet River, across a quiet road from polo practice fields, and minutes to area beaches, Newport International Polo, Newport National Golf Club, and downtown Newport. From the fields, you can step directly onto the Sakonnet Greenway Trail and walk through protected farmland and woods to riverside parkland with sweeping views of the Sakonnet—an everyday country walk without getting in the car, yet convenient to all that Newport has to offer.

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Listing Details

MLS Number

1401050

Lot Size:

32.13 acres

Features

  • Heating: Oil, Steam
  • Heating Fuel: Oil, Steam
  • Garage: 1
  • Year Built: 1860

Market Trends for Single Family Homes
in Portsmouth

  • Overview
    Homes for Sale Today55-94.6% decrease in inventory
    New on Market *2110.5% increase in new listings
    Avg. Asking Price/Sq.Ft. *$590.80$98 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,326,875$574,458 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *91.81%-2.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$426.80$45 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *10613 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.

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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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