196 Highland Dr, Jamestown, RI 02835

6.3 acres

Lot/Land
$9,950,000
Price cut: -$2,000,000 (7/29)
Listed by:

My Notes

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"Cedar Point" is an extraordinary 6.3 acre oceanfront compound with over 1000 feet of waterfront on Mackerel Cove. The combined three lots offer breathtaking, panoramic views of the cove and the entrance to Narragansett Bay and the Ocean beyond. The site provides multiple water access points including: Stone steps leading to a private sandy beach with swimming cove, new 8' x 18'9" deep-water dock and dock house. A second set of stone steps lead to another swimming cove and two more sets of stone steps lead to bold rock outcroppings that provide incredible southerly vistas. An allee of cedars transport you to the fabulous historic gardens designed by Helen Marshall Eliason. Bordered by charming historic stone walls and several unique, small stone buildings, the gardens feature lily ponds, terracing and a grape arbor path leading to a waterfront vista framed by a beautiful iron railing. Current permitting includes an approved residence sited 54 feet above sea level with an allowable building height of 45 feet - the roof terrace would provide panoramic views from Castle Hill to the Jamestown Bridege. The three separate lots lend the property to a wonderful family compound with multiple dwellings. Fabulous southern Jamestown location is close to town and marinas, plus a short sail or motor from your dock to downtown Newport.  More Less 

Facts

  • 246 days on Zillow
  • Views: 19,160 all time views
  • 10 shoppers saved this home
  • MLS #: 1083973

Features

  • Flooring: Hardwood
  • Parking: 0 space
  • View: Water
  • Waterfront

    Additional Features

    • Area Amenities: Golf
    • Area Amenities: Outdoor Activities
    • Area Description: Country Living
    • Area Amenities: Boating
    • Area Amenities: Area Fishing
    • Special Market: Luxury Properties
    • Body of Water: Bay
    • Community Type: Beach Resort
    • Area Description: Fishing
    • Area Description: Resort
    • Special Market: Second Home
    • Special Market: Lake
    • Area Description: Privacy
    • Location: Beach
    • Area Description: Sand Beach
    • Amenities: Live Water
    • Area Amenities: Area Boat Dock
    • Location: Ocean Front
    • Area Amenities: Deep Water Mooring

    Other

    • Parcel #: M:10 L:54
    • Zillow Home ID: 65922363

    Zestimate Details

    Zestimate
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    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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    $2,900/mo
    +$354 Last 30 days
    $1.2K
    $5.8K
    Zestimate range

    Popularity on Zillow

    4,178 views since listing
    19,160 all-time (chart)
    10 shoppers saved
    this home to their list of favorites

    Neighborhood: 02835

    Zillow predicts 02835 home values will decrease 2% next year, compared to a 1.6% decrease for Jamestown as a whole. Among 02835 homes, this home is 1815.3% more expensive than the midpoint (median) home, and is priced 690.2% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 02835, the number of foreclosures waiting to be sold is 26.7% greater than in Jamestown, and 81.9% lower than the national average. This higher local number may prevent 02835 home values from rising as quickly as other regions in Jamestown.

    Learn more about forecast calculations or 02835 home values.
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      Nearby Schools in Jamestown

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org