202 Old Mill Lane
Portsmouth, RI 02871
- 1 bed
- 1 bath
- 502 sqft
- ~1/2 acre lot
- $1,494 per sqft
- 1993 build
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 .
Last checked:
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Checking…
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Last updated May 7, 2025
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MLS# 1383818 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1993
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New Construction:false
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Building Area Total:502.0
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Construction Materials:Other
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Foundation Details:Slab
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Stories:2
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Stories Total:2
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Levels:Two
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Basement:None
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Basement:false
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Exterior Features:PavedDriveway,TvAntenna
Interior
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Flooring:Hardwood
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:502.0
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Living Area Source:PublicRecords
Location
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Latitude:41.522241
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Longitude:-71.239431
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Size Acres:0.51
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Lot Size Area:22216.0
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Lot Size Square Feet:22216.0
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Lot Size Units:SquareFeet
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Parcel Number:202OLDMILLLANEPORT
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Zoning:R-40
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Fencing:Fenced
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (401) 848-7827
- Office phone:
- (401) 848-7827
Taxes
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Tax Year:2024
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Tax Annual Amount:6122.0
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Tax Assessed Value:372000
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Tax Lot:1/A
Beds
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Bedrooms Total:1
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Virtual Tour URL Unbranded:https://youriguide.com/202_old_mill_ln_portsmouth_ri/
Heating & Cooling
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Heating:Electric,ForcedAir,HeatPump
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Heating:true
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Cooling:HeatPump
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Cooling:true
Utilities
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Electric:Amps150
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Sewer:SepticTank
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Water Source:MultipleMeters,Public
Appliances
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Appliances:Dryer,Dishwasher,ElectricWaterHeater,Refrigerator,Washer
The Community
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Senior Community:false
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Community Features:Golf,Marina,NearSchools,RecreationArea,Restaurant,Shopping,TennisCourts
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Waterfront Features:BeachAccess,WalkToWater
Parking
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Parking Total:8.0
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Parking Features:Detached,Garage
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Attached Garage:false
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Garage:true
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Garage Spaces:2.0
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Covered Spaces:2.0
Monthly cost estimate
Asking price
$750,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,016
|
| Taxes | $510 |
| Insurance | $206 |
| Utilities | $232 See report |
| Total | $4,964/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/2/25
May 2, 2025
|
Listed / Active | RIMLS | $750,000 | 94.8% |
|
5/21/24
May 21, 2024
|
RIMLS | $385,000 |
