RI > Portsmouth > Borden Farm Estates
Portsmouth, RI 02871,2951 East Main RD
Portsmouth, RI 02871,2951 East Main RD
Portsmouth, RI 02871,2951 East Main RD
Portsmouth, RI 02871,2951 East Main RD
Portsmouth, RI 02871,2951 East Main RD
Portsmouth, RI 02871,2951 East Main RD
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L&L Homes Team

L&L Homes Team

+1(508) 649-5646
$ 2,200,000
Est. payment | /mo

2.84 Acres Lot

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$ 2,200,000
Est. payment | /mo
Save Virtual Tour

2.84 Acres Lot

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

HOA Y/N No

Annual Tax Amount $7,500

Tax Year 2025

Lot Size 2.840 Acres

Acres 2.84

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

Topography Rolling

Street Surface Gravel

Building

Lot Description Rolling Slope

Water Connected, Public

Additional Building Barn(s), Outbuilding

Structure Type Other

New Construction No

Others

Senior Community No

Tax ID 29512967EASTMAINRDPORT

Virtual Tour https://tour.RiLiving.com/2951-East-Main-Road-Portsmouth-RI-02871--1393802

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