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Historic Farmstead with Multiple Barns
For Sale
$2,980,000

362 Bramans Lane, Portsmouth, RI 02871

Historic two-family farmstead with updated improvements, open fields, maple woodland, and multiple agricultural outbuildings.

Property SizeContact for details
Days on Market333

Property Features for 362 Bramans Lane

General Information

Standard status Active
Property subtype Multi-family

Building Details

Year Built 1860
Listing Agency: Our Real Estate
Listed By: Lauren Mailloux
Source: Milburyre
Added: Oct 2, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Our Real Estate

Investment Insights

Based on property information with market context.

Dating to 1860, this farm property includes 32.13 acres of open fields, a small maple grove, meadow views, a vernal pond, and nearly 3,000 square feet of living space. The farmhouse is configured as a legal two-family residence, while multiple barns, garages, and chicken coops expand the property's functional capacity for agricultural operations, equestrian facilities, workshops, guest accommodations, or studio use.

Recent improvements include new roofs across the farmhouse, barns, garages, and chicken coops, along with a new electrical system, new septic, and substantial structural work to the barns and garages. Located at 362 Bramans Lane in Portsmouth, the property is less than five miles from downtown Newport and a short walk from the Sakonnet River. It sits across a quiet road from polo practice fields and provides direct access from the fields to the Sakonnet Greenway Trail.

Key Highlights

  • 32.13‑acre farm property with open fields, a maple grove, meadow views, and a vernal pond
  • Nearly 3,000 square feet of living space in an 1860 farmhouse
  • Legal two‑family residence with potential for multigenerational, caretaker, guest, or rental use

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Garden Center Plumbing Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 02871, RI

17,640
Population
8,044
Households
2.2
Avg Household Size
47
Median Age
60%
College-Educated
96%
High-School Grad
17.1 sq mi
ZIP Area
1,032
Density / Sq Mi
$119,135
Median Household Income
$56,615
Median Earnings
$1,577
Median Rent
$539,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Farm - Historic two-family farmstead with updated improvements, open fields, maple woodland, and multiple agricultural outbuildings.
Where is this farm located?
The property is located at 362 Bramans Lane Portsmouth, RI.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: 32.13‑acre farm property with open fields, a maple grove, meadow views, and a vernal pond; Nearly 3,000 square feet of living space in an 1860 farmhouse; Legal two‑family residence with potential for multigenerational, caretaker, guest, or rental use
More about this property
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