For sale

$10,000,000

2424 Tower Hill Rd, Saunderstown, RI 02874

6beds

3,500sqft

Est.:

Single Family Residence

Built in 1790

127.12 Acres Lot

$-- Zestimate^®

$2,857/sqft

$-- HOA

What's special

Tranquil wooded groundsOverlooks breathtaking water views

Beautifully sited on 127 acres, River Farm is a classic gentleman's estate. This private retreat overlooks breathtaking water views and tranquil wooded grounds. The estate consists of a 6 bedroom historic farmhouse, in-ground pool and pool house, caretaker's residence and a working farm. The stone patio in the rear of the home offers plenty of space for outdoor entertaining. The walking paths lead to approximately one mile of waterfront along the Pettaquamscutt River. There is potential for subdividing the property for development. The develop the property requires a major sub-division with minimum requirement of 80,000 square feet and 200 foot frontage. River Farm is located near beautiful Narragansett beaches,, 20 minutes to Newport and 40 minutes to Providence. This rare offering is the opportunity to own your ideal getaway.

625 days

2,557

50

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Bathroom

Features: Bath w Tub & Shower

Heating

Oil, Baseboard, Forced Water, Zoned

Cooling

Individual Unit, Wall Unit(s)

Appliances

Included: Dishwasher, Dryer, Exhaust Fan, Range Hood, Oven/Range, Refrigerator

Features

Wall (Plaster), Cathedral Ceiling(s), Cedar Closet(s), Skylight, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
Flooring: Ceramic Tile, Marble, Wood
Doors: Storm Door(s)
Windows: Insulated Windows, Skylight(s)
Basement: Partial,Walk-Out Access,Partially Finished,Laundry,Storage Space,Utility
Number of fireplaces: 2
Fireplace features: Brick, Stone

Interior area

Total structure area: 3,300
Total interior livable area: 3,500 sqft
Finished area above ground: 3,300
Finished area below ground: 200

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 10
Parking features: No Garage

Features

Patio & porch: Patio
Pool features: In Ground
On waterfront: Yes
Waterfront features: Freshwater Front, Saltwater Front, Walk to Fresh Water, Walk to Salt Water

Lot

Size: 127.12 Acres
Features: Extra Lot, Horse Permitted, Secluded, Wooded

Details

Additional structures: Guest House, Outbuilding
Zoning: RR
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Plaster, Masonry, Shingles, Wood
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1790

Utilities & green energy

Electric: 150 Amp Service, 220 Volts
Sewer: Cesspool, Septic Tank
Water: Well

Community & HOA

Community

Features: Golf, Highway Access, Private School, Public School, Recreational Facilities, Restaurants, Near Shopping, Near Swimming, Tennis
Subdivision: Saunderstown

HOA

Has HOA: No

Location

Region: Saunderstown

Financial & listing details

Price per square foot: $2,857/sqft
Annual tax amount: $20,929
Date on market: 7/1/2024
Inclusions: To develop the property requires a major sub-division with minimum requirements of 80, 000 square feel and 200 foot frontage. The cape cod house built in 1970 consists of 3 bedrooms and 2 full baths and is 1130 sq ft This adjacent building can be used as the caretaker's cottage, guest cottage, etc.Other additional buildings are an area pool house and exercise facility and Pole Barn. Right of Way - info TBD

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/1/2024	Listed for sale	$10,000,000-16.7%$2,857/sqft
Source: StateWide MLS RI #1360093 Report a problem
5/30/2024	Listing removed	--
Source: StateWide MLS RI #1349491 Report a problem
12/15/2023	Listed for sale	$12,000,000-7%$3,429/sqft
Source: StateWide MLS RI #1349491 Report a problem
11/18/2023	Listing removed	--
Source: StateWide MLS RI #1343531 Report a problem
9/8/2023	Listed for sale	$12,900,000$3,686/sqft
Source: StateWide MLS RI #1343531 Report a problem
9/8/2023	Listing removed	--
Source: StateWide MLS RI #1325472 Report a problem
8/8/2023	Price change	$12,900,000-11%$3,686/sqft
Source: StateWide MLS RI #1325472 Report a problem
12/1/2022	Listed for sale	$14,500,000$4,143/sqft
Source: StateWide MLS RI #1325472 Report a problem