1 Elizabeth Lane

Cranston, RI 02921

Rare Opportunity in Western Cranston! This exclusive 4.80-acre lot is part of a private five-lot development, ideal for those seeking privacy and space. The property includes a 1,500-square-foot dwelling, offering several unique advantages: 1. The dwelling has the potential to be converted into a legal ADU because the development can offer the dwelling its own sewer line connection, which is a requirement for ADU approval. 2. The dwelling can provide rental income for the owner 3. The dwelling allows the buyer to secure a conventional mortgage. 4. The buyer can live in the dwelling while building their dream home and obtain a construction loan, which can later be consolidated with the original mortgage. 5. The dwelling can generate future rental income to help offset the mortgage payment. 6. The purchase contract can be made contingent on city approval for the ADU conversion. Nestled in a prime location in a rural area of western Cranston, each spacious lot features underground utilities, including sewer, electrical, and cable. Road installation in May 2025 secure your future home site now. NOTE: Homes depicted on plans are for display only. Homes can be built up to 100' off the road.

Listing courtesy of Lawrence Moses of Northeast Realty Asssociates 4013555577



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Last checked: 2025-03-13 05:48 PM UTC