Pending

$650,000

72 Point Rd, Portsmouth, RI 02871

3beds

1,485sqft

$4,392/mo

Get pre-qualified

Single Family Residence

Built in 1964

9,583 Square Feet Lot

$629,100 Zestimate^®

$438/sqft

$-- HOA

What's special

Waterfront property

A rare opportunity to reimagine a waterfront property in Portsmouth’s desirable Point neighborhood. Set directly on Blue Bill Cove and Island Park Cove. Offering sweeping water views from the backyard and additional water views across the street, this 3-bedroom, 2-bath home offers an exceptional setting and tremendous potential. The property is in need of a full renovation and is being sold strictly AS IS, with contents to remain. Ideal for investors, contractors, builders or buyers ready to take on a substantial rehabilitation and create something special in a truly unique coastal location. Enjoy picturesque views toward Hen Island and Spectacle Island with the surrounding cove from your own backyard. Bring your vision and transform this property into a stunning year-round residence, coastal retreat or investment opportunity. Buyer to perform all due diligence regarding property condition, permitting and potential uses. Highest and best Tuesday 9/22/2026 12pm

44 days
268
4

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Bathroom

Features: Bath w Tub & Shower

Heating

Oil, Baseboard

Cooling

None

Appliances

Included: Tankless Water Heater

Features

Plumbing (Mixed), Insulation (Unknown)
Flooring: Other, Wood, Carpet
Basement: Full,Interior and Exterior,Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,485
Total interior livable area: 1,485 sqft
Finished area above ground: 1,485
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: No Garage

Lot

Size: 9,583 Square Feet

Details

Parcel number: PORTM021B0093
Zoning: R10

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Clapboard
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1964

Utilities & green energy

Electric: 100 Amp Service
Sewer: Septic Tank
Utilities for property: Water Connected

Community & HOA

Community

Subdivision: Island Park

HOA

Has HOA: No

Location

Region: Portsmouth

Financial & listing details

Price per square foot: $438/sqft
Tax assessed value: $751,200
Annual tax amount: $9,976
Date on market: 9/17/2026
Inclusions: Property being sold as is, buyer and buyer's agent to do their own due diligence.

Estimated market value

$629,100

$598,000 - $661,000

$3,467/mo

Price history

Date	Event	Price
10/2/2026	Pending sale	$650,000$438/sqft
Source: StateWide MLS RI #1423545 Report a problem
9/17/2026	Listed for sale	$650,000$438/sqft
Source: StateWide MLS RI #1423545 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,976 +0.8%	$751,200
2024	$9,901 +17.9%	$751,200 +39.1%
2023	$8,401	$539,900
2022	$8,401 +1.6%	$539,900
2021	$8,266 +1.6%	$539,900
2020	$8,138 +15.2%	$539,900 +25.4%
2019	$7,065 +2.7%	$430,700
2018	$6,878 +3.6%	$430,700
2017	$6,641 +5.9%	$430,700 +9.9%
2016	$6,269 +1.3%	$391,800
2015	$6,190	$391,800
2014	$6,190 -10%	$391,800 -17.2%
2013	$6,879 +2%	$473,400
2012	$6,741 +2.4%	$473,400
2011	$6,585 +8.6%	$473,400 -11.8%
2010	$6,062 +0.3%	$536,500
2009	$6,041 +3.9%	$536,500
2008	$5,816 -1.9%	$536,500 +3%
2007	$5,926 +5.9%	$520,700
2006	$5,598 +3.9%	$520,700
2005	$5,389 +26.6%	$520,700 +98.2%
2004	$4,256 -1.6%	$262,700
2003	$4,324	$262,700