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493 Old Town Road Block Island

$769,000
2 1 864 sq ft

The Property

Fantastic vacation home or a great business, or both!! Turn Key perfect either way!! Just show up with your flip flops! Please see our VRBO ad including 40+ 5 star reviews, they say it all! VERY FUN HOUSE! Beautifully Decorated, Currently has Ping Pong, Horseshoes,Cornhole, Darts, Fire Pit. Happy Landing is Charming! Excellent cell service and 4G (some places on the island don’t), Directv & Wifi system in place, outdoor shower, additional private sleeping area in finished lower level. Recently remodeled and updated including all new hurricane rated doors and windows, kitchen & appliances. This wonderful home is located on a nearly 3 acre private lot.

Zoning allows for a larger, multi story home to be built on the lot. Just installed, a town sewer hookup, house can be connected if desired. Great expansion possibilities for the future which will further enhance the views of the beautiful landscape and vistas. Stellar rental history. Block Island. Excludes furnishings.

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Listing Details

MLS Number

1255367

Lot Size:

2.83 acres

Features

  • Basement: Full
  • Clapboard
  • Heating: Forced Water
  • Heating Fuel: Oil
  • Garage: Attached
  • Type: Raised Ranch
  • Year Built: 1965

Market Trends for Single Family Homes
in Block Island

  • Overview
    Homes for Sale Today49-65.7% decrease in inventory
    New on Market *7-12.5% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$990.77$224 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,031,000$107,750 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.75%3.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$596.52$13 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *530435 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 Linda M. Murphy

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