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404 Matunuck School House Road South Kingstown

$1,200,000
3 1 2,458 sq ft

The Property

This beautiful, prime Matunuck property is now available for the first time in decades. The 14.5 acres of farmland has many potential uses; re-establish the farm that has operated on the property for years or subdivide and sell the neighboring lots. The fertile land is ideal for many different types of crops, cattle or horses. There is an existing home on the property ready to be renovated.

With two seasonal ponds on the property that attract many types of fowl, the migration of thousands of birds can be watched from the back porch. The upper plateau has the potential for incredible water views of Block Island Sound and beyond. While the southern exposure is very desired, it’s the western view of the setting sun that will end each day just right. So, whether it is a coastal farm, a family compound or dividing the property into separate lots, this Matunuck property is the perfect property to call home.

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Listing Details

MLS Number

1224008

Lot Size:

14.50 acres

Features

  • Basement: Full
  • Needs Work
  • Shingles
  • Fireplace: Brick
  • Heating: Baseboard
  • Heating Fuel: Oil
  • Barn
  • Out Building
  • Stable
  • Wooded
  • Type: Cape Cod,Colonial
  • Year Built: 1977
  • Water Amenities: Walk To Water

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Market Trends for Single Family Homes
in South Kingstown

  • Overview
    Homes for Sale Today35-96.3% decrease in inventory
    New on Market *2315% increase in new listings
    Avg. Asking Price/Sq.Ft. *$612.72$77 increase in List Price/Sq.Ft.
    Avg. Sale Price *$520,967$255,899 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.81%-0.5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$415.72$88 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *687 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?

    Contact Us

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

Listed by J.E. Group Properties

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