Search / South Kingstown / 54 Schaeffer Street

Active · 0 days on market

$369,000

54 Schaeffer Street, South Kingstown, RI 02879

0 bd · 0 ba · 0.17 ac · built 2026

Listing courtesy of Serhant., Jenny Palm Group

About this home

A GREAT NEW OPPORTUNITY IN PEACEDALE-WAKEFIELD! This property is offered AS-IS, in its current unfinished condition. The asking price does not include completion of the home or ADU. All remaining construction and associated costs are the responsibility of the buyer. Bring your vision to two projects already underway, close to downtown shops, restaurants, and local schools—and just 10 minutes from the beach! The 24' × 20' garage is approximately 90% complete and has an active permit for conversion into an accessory dwelling unit (ADU). Construction of the main residence has progressed to the stone and concrete foundation and initial framing stage. Previously permitted plans envisioned a two-story home with approximately 1,800–2,000 square feet, 3–4 bedrooms, and 2–3 bathrooms. Complete the proposed home and ADU for extended family or potential long-term rental income, subject to applicable approvals and rental requirements. Remaining construction materials on-site are included in the sale. Renderings are conceptual illustrations of potential improvements only. They do not depict the property’s current condition or represent a completed home included in the asking price. Buyer is responsible for independently verifying permit status, approved plans, proposed square footage, ADU use and rental requirements, and all costs and requirements necessary to complete both projects.

Property facts

Property type
Single Family Residence
Style
Cape Cod
Year built
2026
Living area (sq ft)
0
Above-grade finished (sq ft)
0
Below-grade finished (sq ft)
0
Lot size (acres)
0.17
Total rooms
0
Stories
0
Garage spaces
1
Total parking
5
Annual taxes
$1,598
Tax year
2026
Neighborhood
In-Town Wakefield/Peacedale
County
Washington
New construction
Yes

Features

Heating
None
Cooling
None
Basement
Full, Interior and Exterior, Unfinished
Fireplace
None
Parking
Detached
Construction
Shingles
Utilities
Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public
Community
Commuter Bus, Highway Access, Hospital, Private School, Public School, Recreational Facilities, Restaurants, Schools

Location

MLS# 1427989 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of Serhant.

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