**Highest & Best Due Saturday, 5/30 by 12:30 PM** In the heart of desirable East Greenwich where South Road becomes Shippee Road, this 1.48-acre parcel offers a rare opportunity for a new build in a peaceful country setting. The land is mostly flat and lightly wooded with classic stone walls, mature plantings, and seasonal flowers; an inviting backdrop for a future custom home or small hobby/equestrian use, subject to approvals. Upon property transfer, the zoning will change from F2 to F1. DEM Site Eval, OWTS Inspection Report and Soil Eval Report Available. The existing cottage is a tear-down: it sits on cinder blocks, has no permanent heat source (wood stove only), and will not qualify for conventional, FHA, VA, or rehab/construction financing. If purchasing as a single-family residence with the existing structure, cash buyers only. If purchasing as land, specialized land/lot financing may be obtainable, subject to lender requirements and buyer due diligence. The well and cesspool do not meet current code and will require buyer replacement. Do not walk the property without an agent present; access is by appointment only. See MLS#1411843 for vacant land listing
Pending
$324,000
470 Shippee Rd, East Greenwich, RI 02818
2beds
865sqft
Single Family Residence
Built in 1945
1.48 Acres Lot
$-- Zestimate®
$375/sqft
$-- HOA
What's special
Seasonal flowersClassic stone wallsMature plantings
- 14 days |
- 1,279 |
- 59 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Carrison 401-500-6377,
RI Real Estate Services
Source: StateWide MLS RI,MLS#: 1411833
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wood, None
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Wall (Paneled), Plumbing (Mixed), Insulation (Unknown)
- Flooring: Ceramic Tile, Laminate, Carpet
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 865
- Total interior livable area: 865 sqft
- Finished area above ground: 865
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Lot
- Size: 1.48 Acres
- Features: Horse Permitted
Details
- Additional structures: Barn(s)
- Parcel number: EGREM008B019L017U0000
- Zoning: F2
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Paneled, Wood
- Foundation: Block
Condition
- New construction: No
- Year built: 1945
Utilities & green energy
- Electric: Fuses
- Sewer: Cesspool
- Water: Well
Community & HOA
Community
- Features: Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Tennis
- Subdivision: Shippee
HOA
- Has HOA: No
Location
- Region: East Greenwich
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $280,400
- Annual tax amount: $4,366
- Date on market: 5/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Pending sale | $324,000$375/sqft |
Source:  StateWide MLS RI #1411833 Report a problem | ||
| 5/29/2026 | Listed for sale | $324,000-7.4%$375/sqft |
Source: StateWide MLS RI #1411843 Report a problem | ||
| 8/7/2022 | Listing removed | -- |
Source: StateWide MLS RI #1312338 Report a problem | ||
| 6/7/2022 | Listed for sale | $349,900+6898%$405/sqft |
Source: StateWide MLS RI #1312338 Report a problem | ||
| 9/14/1973 | Sold | $5,000$6/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,366 +5.7% | $280,400 |
| 2024 | $4,130 -2.5% | $280,400 +44.6% |
| 2023 | $4,237 +2% | $193,900 |
| 2022 | $4,153 +1.9% | $193,900 |
| 2021 | $4,074 -11.3% | $193,900 -1.1% |
| 2020 | $4,595 +1% | $196,100 |
| 2019 | $4,551 +0.9% | $196,100 |
| 2018 | $4,510 -15.2% | $196,100 -12.7% |
| 2017 | $5,316 -1.8% | $224,700 |
| 2016 | $5,413 +3.6% | $224,700 |
| 2015 | $5,227 -0.5% | $224,700 -0.5% |
| 2014 | $5,252 +15.5% | $225,800 |
| 2013 | $4,548 | $225,800 |
| 2012 | $4,548 +1.4% | $225,800 -11.9% |
| 2011 | $4,483 +1.4% | $256,300 |
| 2010 | $4,421 -1.1% | $256,300 -19.1% |
| 2009 | $4,468 +0.7% | $316,890 |
| 2008 | $4,436 +8.9% | $316,890 |
| 2007 | $4,075 +29.7% | $316,890 +84.9% |
| 2006 | $3,142 +2.3% | $171,410 |
| 2004 | $3,070 +4.5% | $171,410 |
| 2003 | $2,938 | $171,410 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 02818
Nearby schools
GreatSchools rating
- NAFrenchtown SchoolGrades: K-2Distance: 1.9 mi
- 8/10Archie R. Cole Middle SchoolGrades: 6-8Distance: 4.7 mi
- 10/10East Greenwich High SchoolGrades: 9-12Distance: 3.4 mi
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A local lender can help you make sure your offer is ready when you are.
- Rhode Island
- Kent County
- East Greenwich
- 02818
- 470 Shippee Rd
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