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$750,000
6 Days On Site

202 Old Mill Lane
Portsmouth, RI 02871

For Sale|Single Family Residence|Active
1
Bed
1
Full Bath
0
Partial Baths
502
SqFt
$1,494
/SqFt
1993
Built
County:
Newport
Call Now: 401-323-8292
Is this the home for you? We can help make it yours.
401-323-8292
202 Old Mill Lane202 Old Mill Lane202 Old Mill Lane202 Old Mill Lane
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Vacant 0.50-Acre Lot with Existing Garage + Approved ADU Potential. Calling all builders, visionaries, and buyers looking to create their dream home in coastal Portsmouth! This half-acre lot offers a rare opportunity: This very private fenced and tree lined lot is a vacant buildable parcel that already features an oversized barn-style two-car updated garage with a fully updated studio apartment above it, including a full bathroom, new flooring, working appliances, and mini-split HVAC. The structure has undergone significant upgrades by the current owner, including heavy insulation, new PVC siding, updated electrical, GFCI outlets, and fire-rated drywall all done with permits. The studio unit is eligible to become an official Accessory Dwelling Unit (ADU) once a primary residence is constructed on the lot a perfect setup for future rental income, multigenerational living, or flexible guest space. For those ready to build, conceptual architectural plans are already on file for a two-story, 3-bedroom home, and a 4-bedroom septic design has been submitted to the town and is currently under review. Public water is already connected. SO much leg work has thoughtfully been done for you. Don't miss this rare blend of flexibility, infrastructure, and future potential whether you're a builder or a homeowner ready to break ground. Ideally situated near scenic Indian Avenue, 202 Old Mill Lane offers a prime location with a short walk to publicly accessible Pebble Beach .

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Listing Snapshot
Price 
$750,000
Days On Site 
6 Days
Bedrooms 
1
Inside Area (SqFt) 
502 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.51 Acres
Year Built 
1993
MLS® Number 
1383818
Status 
Active
Property Tax 
$6,122
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
7 days agoListing first seen on site
General Features
Acres 
0.51
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
PavedDetachedGarage
Parking Spaces 
8
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Above 
502
SqFt Total 
502
Stories 
Two
Water Source 
Public
Interior Features
Appliances 
DryerDishwasherElectric Water HeaterRefrigeratorWasher
Basement 
None
Cooling 
Heat Pump
Fireplace Features 
None
Flooring 
Hardwood
Heating 
Heat PumpElectricForced Air
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Exterior Features
Construction Details 
Other
Fencing 
Fenced
Other Structures 
Barn(s)Outbuilding
Waterfront Features 
Beach Access
Community Features
Community Features 
GolfRestaurantTennis Court(s)
Listing courtesy of Fitzpatrick Team of RE/MAX Results 4018487827



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-05-09 03:09 PM UTC

Neighborhood & Commute
Source: Walkscore
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