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$2,500,000

194 -242 Phillips Street
North Kingstown, RI 02840
Listed by Alexander Fraioli
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Introducing a once-in-a-generation offering—over 18 acres of waterfront land nestled directly on picturesque Wickford Cove. Located in the heart of historic Wickford Village, this exceptional property combines natural beauty, prime location, and unmatched potential. Currently improved with a legal two-family home, a charming single-family residence, an inground pool, and a post-and-beam studio, the property offers immediate use and income potential while also serving as a blank canvas for a visionary developer, investor, or private estate buyer. Zoned for a variety of uses and offering stunning water views and direct access to the Cove, this is one of the largest and most versatile parcels available in coastal Rhode Island. Whether you're looking to create a private family compound, explore redevelopment potential, or invest in one of the state's most beloved coastal villages, this is an extraordinary opportunity that must be seen to be fully appreciated. By appointment only.

Highlights

Waterfront

Property details

MLS #
1390160
Property type
Unimproved Land
Subdivision
Wickford Village
Status
Active
Days on market
443
On market date
July 18, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
18.0576 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Hamilton School
1.58 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
415
Student:teacher ratio
16.6:1
District
North Kingstown
Middle
Wickford Middle School
0.16 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
341
Student:teacher ratio
12.2:1
District
North Kingstown
High
North Kingstown Sr. High
0.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,451
Student:teacher ratio
13.7:1
District
North Kingstown

Walkability

Blended score for North Kingstown's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

71
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Google Places amenity density
80 / 100
Restaurants & cafes16
Grocery stores2
Parks12
Schools7
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in North Kingstown, from live MLS data.

On the market 443 days -- 387 more days than North Kingstown's current average of 56 days.
For reference, the median list price across 175 active listings in North Kingstown right now is $650,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated October 16, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.