$3,500,000

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

  • 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: 4/13/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $83,464. Most Block Island, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

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?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1501 Beacon Hill Rd

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.

Block Island, RI housing market in March 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. Between February and March 2025, Block Island, RI real estate market has seen decrease in the number of listings by 8.3%. While the average time on the market in March 2025 was 119 days, the median list price was $1,537,000.

From Rocket Homes Real Estate and based on county public records data.

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