$1,595,000

WATERFRONT Compound on Stafford Pond, with over 7 acres of privacy. Located just one hour south of Boston and only 12 minutes to the new Fall River -Boston train station, while being only 30 minutes to Providence or Newport.This property combines the tranquility of nature with convenient proximity to city life. Stafford Pond is a 480 acre body of water, and is popular for fishing and other recreational activities, and is located in the northeastern part of Tiverton RI. The compound currently includes two well -maintained single family homes ranging in size from approx. 1200 -1500 sq ft, each plus a 500 sq ft Classic Boathouse, two bedrooms, a bath, galley kitchen and a large covered porch perfectly positioned to capture sweeping water views and magnificent sunsets. Additional features are two docks and a cement launching ramp, a three bay steel building with 12 ft overhead doors, ideal for equipment or vehicle storage, a workshop or rental income. A large waterfront wooden barn originally designed to house a seaplane offers excellent potential for creative repurposing or storage. This is a rare investment opportunity. A property that offers immediate rental income while also allowing for future growth and development.507R Stafford and 531R Stafford are to be sold together as one compound, lots 208-108 and 208-110. Taxes and lot size are for both lots.Buyers should do their due diligence regarding all uses and development opportunities.