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1 Elizabeth Lane

Cranston, RI 02921
  • $595,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 1377894
$595,000
  • 0
    BEDS
  • 4.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

Rare Opportunity in Western Cranston! This exclusive 4.80-acre lot is part of a private five-lot development, ideal for those seeking privacy and space. The property includes a 1,500-square-foot dwelling, offering several unique advantages: 1. The dwelling has the potential to be converted into a legal ADU because the development can offer the dwelling its own sewer line connection, which is a requirement for ADU approval. 2. The dwelling can provide rental income for the owner 3. The dwelling allows the buyer to secure a conventional mortgage. 4. The buyer can live in the dwelling while building their dream home and obtain a construction loan, which can later be consolidated with the original mortgage. 5. The dwelling can generate future rental income to help offset the mortgage payment. 6. The purchase contract can be made contingent on city approval for the ADU conversion. Nestled in a prime location in a rural area of western Cranston, each spacious lot features underground utilities, including sewer, electrical, and cable. Road installation in May 2025 secure your future home site now. NOTE: Homes depicted on plans are for display only. Homes can be built up to 100' off the road.

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[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Forever Homes Real Estate, LLC are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Forever Homes Real Estate, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-03-26T06:37:54.427.
www.foreverhomesrealestate.net/homes/160206092
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1 Elizabeth Lane Cranston, RI 02921

  • Price: $595,000
  • Status: Active
  • On Site: 43 Days
  • MLS #: 1377894
0
Beds
0
Baths
0
½ Baths
4.8
Acres
Neighborhood:
Western Cranston
County:
Providence
Area:
Cranston
Property Description
Rare Opportunity in Western Cranston! This exclusive 4.80-acre lot is part of a private five-lot development, ideal for those seeking privacy and space. The property includes a 1,500-square-foot dwelling, offering several unique advantages: 1. The dwelling has the potential to be converted into a legal ADU because the development can offer the dwelling its own sewer line connection, which is a requirement for ADU approval. 2. The dwelling can provide rental income for the owner 3. The dwelling allows the buyer to secure a conventional mortgage. 4. The buyer can live in the dwelling while building their dream home and obtain a construction loan, which can later be consolidated with the original mortgage. 5. The dwelling can generate future rental income to help offset the mortgage payment. 6. The purchase contract can be made contingent on city approval for the ADU conversion. Nestled in a prime location in a rural area of western Cranston, each spacious lot features underground utilities, including sewer, electrical, and cable. Road installation in May 2025 secure your future home site now. NOTE: Homes depicted on plans are for display only. Homes can be built up to 100' off the road.
Exterior Features

Frontage Length 251 Lot Features Level Wooded Topography Cleared Level Vegetation Wooded

Property Features

Development Status Raw Land Human Modified YN Yes Road Surface Type Asphalt Tax Annual Amount 0 Tax Assessed Value 0 Tax Lot 1 Tax Year 2024 Utilities Cable Available Electricity Available Fiber Optic Available Underground Utilities Water Not Available Water Source None Well Wooded Area 50 Zoning Description Residential

[Rhode Island Statewide MLS] logo Listing information © 2025 State-Wide Multiple Listing Service.
Listing provided courtesy of Northeast Realty Asssociates: .



[Rhode Island Statewide MLS] logo

© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Forever Homes Real Estate, LLC are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Forever Homes Real Estate, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-03-26T06:37:54.427.
 
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