2951 East Main RD new Save Request In-Person Tour Request Virtual Tour
Portsmouth,RI 02871
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Borden Farm Estates
MLS Listing ID 1393802
HOA Fees $863/mo
Annual Tax Amount $7,500
Tax Year 2025
Lot Size 2.840 Acres
Property Description
A rare opportunity in the heart of Portsmouth, Rhode Island. 2951 East Main Road offers multiple paths forward for developers, investors, and visionaries alike. Set on 2.84 acres, the property is anchored by a 6-unit Second Empire Victorian farmhouse, dating back to 1865 and listed on the National Register of Historic Places, with three turnkey condominiums currently available to rent or sell at retail. The property also features multiple outbuildings, most notably a 5,623 sq. ft. barn that has been fully approved to be retrofitted into 4 residential units. The complete development package encompasses site plans, septic approvals, and full engineered and architectural renderings. Current approvals allow for a total of 26 residential units across the property: six condominium units within the historic farmhouse (three already sold), four units in the converted barn, and sixteen additional ground-up new construction residences. Borden Farm traces its roots back to the 1600s when the land was deeded to the Borden family by the King of England. Today, it stands as both a testament to Portsmouth's past and an extraordinary canvas for the future.
Location
State RI
County Newport
Community Borden Farm Estates
Zoning C
Exterior
Community Features Highway Access,Marina,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Natural Gas Connected,Municipal Utilities,Water Connected,Water Available
Building
Lot Description Rolling Slope
Water Connected,Public
Structure Type Other
New Construction No
Others
Virtual Tour https://tour.RiLiving.com/2951-East-Main-Road-Portsmouth-RI-02871--1393802