#1375470, Listing Office: Phillips Real Estate
$3,500,000 List price
1501 Beacon Hill Rd Block Island, RI 02807
7 beds
4 full
5,182 sqft
6.2 acres
$675 / sqft
House
Property details
About 1501 Beacon Hill Rd
Discover a rare opportunity to own a stunning 6+ acre estate in the heart of Block Island, comprising three distinct lots two developed and one vacant. This unique property features a spacious, sunlit 5-bedroom, 3-bathroom residence that radiates comfort and elegance, along with a 2-bedroom, 1-bathroom apartment ideal for guests or rental income. The estate includes a 3-car garage with ample storage space and a state-of-the-art 5-stall barn equipped with a roomy storage/hay/studio loft, tack room, and farrier station. An attached double-depth 3-bay garage provides even more storage. The meticulously maintained grounds boast beautifully rebuilt stone walls, sturdy board fencing, and a secure grass paddock, all surrounded by 80 acres of conserved land ensuring privacy and tranquility. The vacant lot offers additional potential for development or expansion. This versatile property could transform into an Island farm, serve as a serene private residence, or become a cherished family compound. With significant tax benefits under the Farm Tax category, it's a wise investment for those seeking sustainable living. Don't miss this exceptional chance to own three lots on Block Island, where tranquility and endless potential come together. The barn Lot (81-2) can be converted into a single-family home; it needs updated electrical work, septic and well, architectural rough plans are available. Main House Lot - 1.94 acres: Barn Lot - 1.91 acres: Vacant Lot - 2.36 acres
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas, Oil
StatusActive
Size5,182 sqft
BasementYes
Lot size6.214 Acres
Year built1986
ParkingDetached, Garage, Garage Door Opener
MLS #1364568
WaterfrontWaterfront
FireplaceFree Standing
Summary
- Full Bathrooms: 4
- Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Water Heater, Range, Refrigerator, Range Hood, Washer
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood, Carpet
- Interior: Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Internal Expansion, Skylights, Stall Shower, Wood Burning Stove
- Fireplace: Free Standing
- Total Bedroom Count: 7
- Attached Garage: No
- Parking: Detached, Garage, Garage Door Opener
- Waterfront: Waterfront
- Exterior: Deck, Porch, Barbecue, TV Antenna
- Architectural Style: Cabin, Contemporary
- Heating: Forced Air, Natural Gas, Oil
- Cooling: None
- List Price: $3,500,000
- Price/SqFt: $675
- Annual Tax Amount: $7,824
- Tax Year: 2024
- Lot: Corner Lot, Private, Secluded, Wooded
- Year Built: 1986
- Stories: 2
- Living Area: 5,182 SqFt
- Lot Size: 6.214 Acres
- MLS Number: 1364568
- MLS Name: RIS
- Office Name: Lila Delman Compass
- Office Phone: (401) 466-8777
- Office Email: Robert.Leighton@compass.com
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2025, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
1501 Beacon Hill Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,417,340 | $7,824 |
| 2023 | $1,417,980 | $8,536 |
| 2022 | $665,744 | $4,713 |
| 2021 | $646,944 | $4,335 |
| 2020 | $646,944 | $4,115 |
| 2019 | $646,944 | $3,985 |
History based on county public records data.
Nearby schools
8
Matunuck School
Public District KG-4
15.0 mi
•380 Matunuck Beach Rd
7
Dunn's Corners Elementary School
Public District KG-4
15.7 mi
•8 1/2 Plateau Rd
9
State Street Elementary School
Public District KG-4
18.3 mi
•35 State St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,464. The majority of Block Island, RI residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
16%
<35k
48%
35k-100k
25%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
7%
Single, with Kids
30%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
13%
18-34 yrs old
51%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Applebees
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1501 Beacon Hill Rd
The listing price of 1501 Beacon Hill Rd property is $3,500,000.
The property 1501 Beacon Hill Rd is a house located in Block Island, Rhode Island, 02807.
Active Listing: 1501 Beacon Hill Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1501 Beacon Hill Rd are: Matunuck School (GreatSchools Rating 8/10), Dunn's Corners Elementary School (GreatSchools Rating 7/10), State Street Elementary School (GreatSchools Rating 9/10), Westerly Middle School (GreatSchools Rating 7/10), Narragansett Pier School (GreatSchools Rating 7/10), Chariho Regional Middle School (GreatSchools Rating 5/10), Block Island School (GreatSchools Rating 7/10), Westerly High School (GreatSchools Rating 8/10), Narragansett High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $7,824 (source: MLS/based on county public records data).
The property at 1501 Beacon Hill Rd has 7 bedrooms and 4 bathrooms.
The property 1501 Beacon Hill Rd is 5,182 SqFt (source: MLS/tax record).
The year of construction for 1501 Beacon Hill Rd is 1986.
This home is located at 1501 Beacon Hill Rd in Block Island, RI and zip code 02807. This 5,182 square foot home, which was built in 1986, sits on a 6.21 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 2, 2024 and is currently priced at $3,500,000.
In April 2025 in Block Island, RI there were 9.1% less homes for sale than in March. While the average time on the market in April 2025 was 239 days, the median list price was $1,995,000.
From Rocket Homes Real Estate and based on county public records data.