177 Cedar, Portsmouth, RI, 02871

Rare waterfront opportunity with endless potential! Situated on a desirable 0.12-acre waterfront lot on Island Park, this property offers a unique chance for contractors, builders, investors, or buyers looking to create their dream home. The existing residence features 3 bedrooms, 1 full bathroom, and approximately 994 square feet of living space, but will require substantial renovation or a complete redevelopment. Whether you choose to restore or start fresh with a brand-new custom build that can potentially expand on its current size the value lies in the exceptional waterfront setting and the possibilities this property presents. With limited waterfront parcels available, this is a rare opportunity to secure a prime location and bring your vision to life. The existing footprint provides a foundation for future expansion, while the lot offers the potential to maximize water views and create a truly special property. Being sold as-is. Buyers to conduct their own due diligence regarding redevelopment, expansion, and building possibilities. Don't miss this chance to transform a waterfront property into something extraordinary.

Land
$430,000
Location
City/TownPortsmouth
CountyNewport
Community FeaturesGolf, Highway Access, Interstate, Marina, Private School, Public School, Restaurants, Schools, Shopping, Near Swimming
Additional Information
Tax Assessment$651,500
ZoningR10
Exterior
Acreage0.12
Waterfront FeaturesSaltwater Front, Saltwater View
Listed By: Castle Keep Realty Corp.

Information is deemed reliable but is not guaranteed.

IDX information is provided exclusively for consumers’ 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 is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.

Reset password

Enter your email address and we will send you a link to change your password.