0 steere farm road Burrillville, RI 02830

This is a 29.1 acre residential property that was previously approved for a 61 unit over-55 housing project. The property consists of three lots (Plat 176, Lots 3 & 5, and Plat 177, Lot 30), with frontage on Steere Farm Road and Mowry Street. It is zoned R-40 and lies within the Village Planned Development Overlay District, which allows several types of residential development. There are three attached concept plans. One shows a 46 lot single family subdivision with 2,000 - 2,100 s.f colonials, with two car garages on 12,000+ s.f. lots. The second shows an 80 unit (40 building) duplex condo project, with 1,500 s.f. one floor units with two car garages. The third shows a 118 unit (59 building) duplex condo project, with 1,200 - 1,300 s.f. townhouse units with one car garages. The town of Burrillville requires all new residential developments to set aside 20% of the units for low to moderate income buyers; however, it might be possible to pay a fee to the town instead of complying with the 20% requirement. The topography is rolling and wooded, and will provide an attractive development site when completed. A concept plan narrative for a 100 unit condominium project is attached. This is a great opportunity to build a large scale residential project in one of the more rural areas of Rhode Island, while still being only 14 minutes from Route 146, and 19 minutes from Route 295.


Property Details

MLS#
1161255
Type
Land
Neighborhood
Harrisville
Lot Size
1,267,596 Sq Ft
Taxes
$4,172
Tax Year
2018

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Burrillville

Burrillville is a beautiful, rural community of 58 square miles located in the northwest corner of Rhode Island. These villages grew around the original mill complexes, and a felling of tradition and identification with the industrial period endures. Most residents identify primarily by their village name.


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LISTED BY: KELLER WILLIAMS REALTY

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