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    Pilot Hl Rd, Unit 194-3 Block Island, RI 02807

    For Sale
    $1,495,000

    Unimproved Land - Block Island, RI

    Type:Unimproved Land
    Lot size:
    4.57 Acres
    Days on Market:
    140
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for Pilot Hl Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    Residential
    Exterior features
    Clay, Marsh/Swamp, Sandy, Rural, Private Compound, Wooded
    Lot size
    4.57 Acres

    Building Details

    Architectural style
    Other

    Lila Delman Compass

    Listing agent Rosemary TOBIN (401) 466-8777

    Listing date Jul 22, 2025

    MLS# 1359094 Listing URL

    Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Block Island Land Parcel

    This 4.57-acre parcel of land is located in the Pilot Hill area, across from John E’s Tug Hole. It offers the opportunity to create a custom-built Block Island vacation home. An engineering survey and approved Site Plan & OWTS endorsement from the Town of New Shoreham are already in place, setting the groundwork for construction. The land is suited for a range of build-to-suit options, including a modern coastal escape, a classic New England cottage, or a spacious retreat. Buyers can explore custom building opportunities tailored to their specific needs and preferences. Several local builders and architects familiar with the Island's permitting and design process are available for consultation. The property is located near all the amenities the Island has to offer.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Block Island
    County
    Washington
    State
    Rhode Island
    Longitude
    -71.558067
    Latitude
    41.157129

    Nearby Similar for Sale

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    • $2,400,000
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      Mixed-Use Property in Desirable Location

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    FAQs

    What type of property is this?
    Land - 4.57-acre Block Island land parcel ready for custom build.
    Where is this land located?
    The property is located at Pilot Hl Rd, Unit 194-3 Block Island, RI.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Approved Site Plan & OWTS Endorsement: **Ready for immediate construction**.; - Prime Location in Pilot Hill: **Highly desirable area across from John E’s Tug Hole, offering scenic views and tranquility**.; - Large 4.57-Acre Parcel: Provides ample space for a custom-built vacation home and privacy.
    (401) 466-8777
    Request Owner's contact information
    Pilot Hl Rd, Unit 194-3 Block Island, RI 02807
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    Block Island, RI 02807
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pilot Hl Rd, Unit 194-3 Block Island, RI 02807
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