202 Old Mill Lane

Property Description

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 .

Overview

Property Status

For Sale

Lot Size

0.51 Acres

MLS ID

1384022

Property Type

Land

Features & Amenities

Neighborhood

Portsmouth

Water Frontage

Beach Access, Walk to Water

Water Source

Multiple Meters, Public

Utilites

Electricity Available, Municipal Utilities, Water Connected

Lot Features

Level

Other Exterior Features

Paved Driveway

Sales Price

$650,000

Real Estate Tax

$6,122/yr

Zoning

R-40

Browse My

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$3,950,000

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- 2,140 Sq.Ft.
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$2,500,000

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For Sale
$925,000

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- 4 Beds
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$899,000

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- 3 Beds
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For Sale
$895,000

1120 Aquidneck Avenue, Middletown, RI 02842
- 3,108 Sq.Ft.
Pending
$800,000

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For Sale
$750,000

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- 2,788 Sq.Ft.
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$725,000

26 Smith Avenue, Newport, RI 02840
- 4 Beds
- 2 Baths
- 1,672 Sq.Ft.
For Sale
$650,000

202 Old Mill Lane, Portsmouth, RI 02871
- 1 Bed
- 1 Bath
- 502 Sq.Ft.
For Sale

$650,000

202 Old Mill Lane, Portsmouth, RI 02871
For Sale
$615,000

1667 East Main Road, Portsmouth, RI 02871
- 4 Beds
- 1 Bath
- 1,946 Sq.Ft.
For Sale
$595,000

45 Reise Terrace, Portsmouth, RI 02871
- 3 Beds
- 2 Baths
- 1,504 Sq.Ft.
Pending
$550,000

124 Jastram Street, Providence, RI 02908
- 3 Beds
- 2 Baths
- 1,935 Sq.Ft.
For Sale
$549,000

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- 1 Bed
- 1 Bath
- 862 Sq.Ft.
For Sale
$500,000

87 Cooke Street 2, Providence, RI 02906
- 2 Beds
- 1 Bath
- 1,110 Sq.Ft.
Active Under Contract
$485,000

22 Malbone Road 4, Newport, RI 02840
- 2 Beds
- 1 Bath
- 944 Sq.Ft.
Pending
$450,000

41 Darling Street, Warwick, RI 02886
- 3 Beds
- 1 Bath
- 1,356 Sq.Ft.
Active Under Contract
$450,000

64 Campion Avenue, Tiverton, RI 02878
- 3 Beds
- 2 Baths
- 1,870 Sq.Ft.
For Sale
$419,900

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- 2 Beds
- 1 Bath
- 752 Sq.Ft.
Active Under Contract
$350,000

27 Hayes Street, Cranston, RI 02920
- 2 Beds
- 2 Baths
- 1,050 Sq.Ft.
Active Under Contract
$350,000

59 Hilton Street, Tiverton, RI 02878
- 2 Beds
- 2 Baths
- 1,572 Sq.Ft.
For Sale

$300,000

95 Broadway, Newport, RI 02840
For Sale
$219,900

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- 2 Beds
- 1 Bath
- 900 Sq.Ft.
For Sale
$180,000

18 Tarklin Pond Drive, North Smithfield, RI 02896
- 2 Beds
- 2 Baths
- 962 Sq.Ft.
For Lease
$45,000/mo

1 Harbor View Drive, Newport, RI 02840
- 4 Beds
- 5 Baths
- 5,225 Sq.Ft.
For Lease
$10,000/mo

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- 4 Beds
- 2 Baths
- 1,309 Sq.Ft.
For Lease
$9,000/mo

7 Atlantic Street, Newport, RI 02840
- 3 Beds
- 2 Baths
- 1,145 Sq.Ft.
Pending
$8,000/mo

27 Red Cross Avenue, Newport, RI 02840
- 3 Beds
- 3 Baths
- 1,680 Sq.Ft.
For Lease
$8,000/mo

58 Ridge Road, Newport, RI 02840
- 1 Bed
- 1 Bath
- 1,422 Sq.Ft.
For Lease
$7,000/mo

21 School Street 4, Newport, RI 02840
- 2 Beds
- 3 Baths
- 1,372 Sq.Ft.
For Lease
$7,000/mo

580 Thames Street A3, Newport, RI 02840
- 2 Beds
- 2 Baths
- 1,200 Sq.Ft.
For Lease
$6,000/mo

19 Howard Street 2, Newport, RI 02840
- 2 Beds
- 1 Bath
- 1,066 Sq.Ft.
For Lease
$6,000/mo

39 Simmons Street, Newport, RI 02840
- 2 Beds
- 2 Baths
- 1,088 Sq.Ft.
For Lease
$5,000/mo

122 Ruggles Avenue, Newport, RI 02840
- 4 Beds
- 3 Baths
- 2,516 Sq.Ft.
For Lease
$4,500/mo

567 Bristol Ferry Road 3, Portsmouth, RI 02871
- 2 Beds
- 2 Baths
- 1,554 Sq.Ft.
For Lease
$4,200/mo

27 Red Cross Avenue, Newport, RI 02840
- 4 Beds
- 3 Baths
- 1,680 Sq.Ft.
Pending
$4,100/mo

5 Barton Lane, Middletown, RI 02842
- 4 Beds
- 2 Baths
- 1,732 Sq.Ft.
Pending
$4,000/mo

11 Young Street 2, Newport, RI 02840
- 5 Beds
- 2 Baths
- 1,086 Sq.Ft.
For Lease
$4,000/mo

7 Atlantic Street, Newport, RI 02840
- 3 Beds
- 2 Baths
- 1,145 Sq.Ft.
For Lease
$3,900/mo

29 Dean Avenue 2, Newport, RI 02840
- 3 Beds
- 2 Baths
- 1,705 Sq.Ft.
For Lease
$3,500/mo

19 Howard Street 2, Newport, RI 02840
- 2 Beds
- 1 Bath
- 1,066 Sq.Ft.
For Lease
$3,500/mo

37 Lee Avenue 3, Newport, RI 02840
- 2 Beds
- 1 Bath
- 1,100 Sq.Ft.
For Lease
$3,400/mo

21 School Street 4, Newport, RI 02840
- 2 Beds
- 3 Baths
- 1,372 Sq.Ft.
For Lease
$3,000/mo

174 Renfrew Avenue 2, Middletown, RI 02842
- 2 Beds
- 2 Baths
- 1,316 Sq.Ft.
For Lease
$3,000/mo

19 Cross Street, Newport, RI 02840
- 2 Beds
- 1 Bath
- 1,368 Sq.Ft.
For Lease
$2,800/mo

76 Memorial Boulevard, Newport, RI 02840
- 1 Bed
- 1 Bath
- 540 Sq.Ft.
For Lease
$2,700/mo

569 Spring Street 1N, Newport, RI 02840
- 2 Beds
- 1 Bath
- 960 Sq.Ft.
For Lease
$2,600/mo

492 Thames Street 4, Newport, RI 02840
- 2 Beds
- 1 Bath
- 740 Sq.Ft.
For Lease
$2,400/mo

70 Carroll Avenue 108, Newport, RI 02840
- 2 Beds
- 1 Bath
- 708 Sq.Ft.