501 Matunuck School House Road South Kingstown

$2,800,000
4 3.5 4,664 sq ft

The Property

Rare opportunity to own 57.87 acres in Matunuck. These two parcels are comprised of 52.04 acres of agricultural/farming land including an 80′ x 100′ barn with 6 box stalls. Under roof is 6,000 sq ft. of concrete flooring and 2,000 sq.ft of dirt flooring.

There is a heated office, tack room and half bath. This parcel also has a separate one bedroom septic installed. There are a total of 5 cattle pens on 1 acre, 6 horse paddocks on 3 acres and a 138’ round pen with a sand base. Haying fields occupy 30 acres and wooded land the remainder. Perimeter fencing surrounds the entire acreage, as well as having a code gated entrance. A water windmill services a watering trough and the barn. The 5.83 acre parcel houses a 4,500+ sq.ft. custom home which affords the ability of single level living as the primary suite is located on the first floor. Four bedrooms and 3 1/2 bathrooms with an open concept living layout; walls of windows and thirteen exterior doors flood the home with light, and a gorgeous guest suite with living area, kitchenette and laundry attached has a separate entrance. Custom features throughout including a soaring stone fireplace with local cedar handmade mantle. Beautiful decks and porches wrap around the house overlooking gardens and pastures and providing a peaceful backdrop for entertaining. The large detached garage with shop space is 30ft x 26ft. Distant water views to Block Island. A unique offering in a private yet convenient setting just ½ mile to the beach.

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Listing Details

MLS Number

1378379

Lot Size:

57.87 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
  • Golf
  • Highway Access
  • Hospital
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Fireplace: Brick, Marble, Stone
  • Heating: Oil, Central Air, Central, Forced Air, Forced Water, Hydro-Air
  • Heating Fuel: Oil, Central Air, Central, Forced Air, Forced Water, Hydro-Air
  • Garage: 1
  • Barn
  • Extra Lot
  • Fenced
  • Horse Permitted
  • Out Building
  • Paved Driveway
  • Stable
  • Underground Utilities
  • Wooded
  • Type: Colonial
  • Year Built: 1970
  • Water Amenities: Saltwater View

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Market Trends for Single Family Homes
in South Kingstown

  • Overview
    Homes for Sale Today63-95.1% decrease in inventory
    New on Market *2623.8% increase in new listings
    Avg. Asking Price/Sq.Ft. *$455.61$42 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$986,589$174,228 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.82%-1% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$517.21$61 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *971 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.

Listed by Mott & Chace Sotheby's Intl.

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