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Sold for $390,000
  • $390,000

    177 Cedar Ave, Portsmouth, RI 02871

    --beds
    0baths
    5,227Square Feet
    Unimproved Land
    Built in ----
    5,227 Square Feet Lot
    $417,800 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $417,800

    $397,000 - $451,000

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cesar Duarte Patricio 401-301-1123,

    Castle Keep Realty Corp.

    Bought with:

    Cesar Duarte Patricio, RES.0043505

    Castle Keep Realty Corp.

    Source: StateWide MLS RI,MLS#: 1415106MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Saltwater Front
    Lot
    • Size: 5,227 Square Feet
    • Features: Rural
    • Topography: Level
    Details
    • Parcel number: PORTM020B0137
    • Zoning: R10
    • Zoning description: Residential
    • Special conditions: Conventional/Market Value
    • Wooded area: 0

    Utilities & green energy

    • Utilities for property: Electricity Connected, Water Connected, Electricity Available

    Community & HOA

    Community
    • Features: Golf, Highway Access, Interstate, Marina, Private School, Public School, Restaurants, Schools, Near Shopping, Near Swimming
    • Subdivision: Island Park
    HOA
    • Has HOA: No
    Location
    • Region: Portsmouth

    Financial & listing details

    • Tax assessed value: $554,100
    • Annual tax amount: $7,358
    • Date on market: 6/11/2026
    • Electric utility on property: Yes
    • Road surface type: Dirt

    Price history

    DateEventPrice
    7/23/2026Sold$390,000-9.3%
    Source: StateWide MLS RI #1415106 Report a problem
    6/26/2026Pending sale$430,000
    Source: StateWide MLS RI #1415126 Report a problem
    6/11/2026Listed for sale$430,000
    Source: StateWide MLS RI #1415106 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,358 +0.8%$554,100
    2024$7,303 +38.9%$554,100 +64%
    2023$5,256 $337,800
    2022$5,256 +1.6%$337,800
    2021$5,172 +1.6%$337,800
    2020$5,091 +30.5%$337,800 +42.1%
    2019$3,900 +2.7%$237,800
    2018$3,798 +3.6%$237,800
    2017$3,667 +0.6%$237,800 +4.3%
    2016$3,646 +1.2%$227,900
    2015$3,601 $227,900
    2014$3,601 -13.9%$227,900 -20.8%
    2013$4,182 +2%$287,800
    2012$4,098 +2.4%$287,800
    2011$4,003 +1.9%$287,800 -17.2%
    2010$3,927 -5.4%$347,500 -5.8%
    2009$4,153 +3.9%$368,800
    2008$3,998 +11.9%$368,800 +17.5%
    2007$3,573 +34.2%$314,000 +91%
    2004$2,663 -1.6%$164,400
    2003$2,706 $164,400
    Find assessor info on the county website

    Neighborhood: 02871

    Nearby schools

    GreatSchools rating