312 Prospect Ln, Portsmouth, RI


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Square feet



About 312 Prospect Ln

The possibilities are endless for this truly unique and spacious 3 cottage waterfront compound in beautiful Prospect Farm. Accessed via a private right-of-way that conveys with the property, this 1.26 acre lot with 220+ ft of frontage on the Sakonnett River offers a sanctuary retreat. Enter through the granite pillars and immediately notice the expansive views, large and largely pastoral lot and total privacy afforded by the mature plantings on all 3 sides of the property. What a fantastic spot to spend summer vacations, or expand one of the cottages for year round living. In the past 10 years all 3 cottages have been renovated with roofing, siding, windows and interior finishes. 2 of the 3 are currently occupied and used year round. In addition, a gorgeous and impressive 90+ ft long dock with boat lift and design for a second boat lift has been installed. If needed, up to 3 moorings can also be applied for. A recently installed 4 bed Advantex septic system services the 3 buildings, allowing for the addition of 1 more bedroom. Breathtaking views coupled with a large lot and newer major improvements make this a stellar opportunity. You simply won't find anything else like it.

Features of 312 Prospect Ln

MLS® # 1309066
Sold Price $1,500,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 1,083
Square Footage 55010.00
Acres 1.26
Year Built 1930
Type Residential Income
Sub-Type Multi Family
Status Closed

Community Information

Address 312 Prospect Ln
Subdivision Waterfront Prospect Farm
City Portsmouth
County Newport
State RI
Zip Code 02871


Features Private, Secluded, Waterfront
Parking Spaces 10
Parking No Garage
Garages No Garage
View Saltwater, Water
Is Waterfront Yes
Waterfront Beach Access, Beach Front, Dock Access, Water Access, Walk to Water, Waterfront
Has Pool No


Interior Laminate, Vinyl
Interior Features Cathedral Ceiling(s), Tub Shower, Cable TV, Wood Burning Stove
Appliances Dryer, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
Heating Forced Air, Propane
Cooling None
Has Basement No
Basement None
Fireplace Yes
# of Fireplaces 1
Fireplaces Stone
# of Stories 1


Exterior Drywall, Shingle Siding, Wood Siding
Exterior Features Deck
Lot Description Private, Secluded, Waterfront
Windows Thermal Windows
Construction Drywall, Shingle Siding, Wood Siding
Foundation Pillar/Post/Pier

Additional Information

Date Listed May 3rd, 2022
Days on Market 3
Zoning Res
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeLila Delman Compass

Listing Map

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