177 Cedar Avenue, Portsmouth, RI 02871

• 3 beds |
• 1 bath |
• 1,570 sqft

Property Description

*** Builders and Contractors take notice*** 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.

Listing Status:

Active

Date Added:

June 11, 2026

Data Last Updated:

June 12, 2026 at 7:15AM

Listing Office:

Castle Keep Realty Corp. : 401-846-0386

MLS ID:

1415126

Interior

• General: Interior StepsStall Shower
• Appliances: Oil Water Heater
• Basement: Exterior EntryFullInterior EntryUnfinished
• Flooring: HardwoodLaminate
• A/C: None
• Heating: BaseboardOil
• Fireplace: Fireplaces: 0

Exterior

• Parking: No GarageParking spaces: 3

Construction

• General: DrywallClapboard2Concrete Perimeter

Location

• Originating MLS: RIS_RIS
• County: Newport

Lot

• Zoning: R10177CEDARAVPORT
• View: WaterView

Utilities

• Utilities: Circuit Breakers
• Water: Connected
• Sewer: Septic Tank

Financial

• Source: RIS_RIS