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557 Center Road, 
Block Island, RI 02807

$2,295,000


4

Beds


2

Baths


3,766

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Rosemary Tobin

Lila Delman Compass

Last updated:

July 22, 2025, 01:51 PM

MLS#

1387557

Source:

RI STATEWIDE

About This Home

557 Center Road

Versatile Two-Family Home in a Prime Block Island Location. This classic two-family home offers a rare opportunity for both flexible living and solid rental income. The main house spans three levels and features two distinct living spaces, each with private entry, charming interiors, and comfortable layouts. The main and second floors include full kitchens, open living/dining areas, and well-proportioned bedrooms with ample natural light. The second-floor apartment includes a small private deck, offering a quiet outdoor spot for morning coffee or evening air. The third level, with its own entrance, provides additional living space ideal for a home office, guest suite, or overflow accommodations. Outdoors, the property features a peaceful yard shaded by mature trees and inviting sitting areas. A second detached building offers potential for expansion, studio use, or workshop space with the appropriate approvals. Whether you're seeking a full-time residence, a summer getaway, or an investment with rental appeal, this centrally located property meets a range of goals. Just a short distance from the shops, restaurants, and ferry in Old Harbor, and minutes from some of Block Island's beloved beaches, this home makes enjoying everything the Island has to offer effortless. With its adaptable layout, income potential, and prime location, it presents a rare opportunity to own a piece of Block Island that balances convenience, comfort, and possibility.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1910

Price Summary

2,295,000

$609 per Sq. Ft.

MLS #:

1387557

Last Updated:

July 22, 2025, 01:51 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

3,766 Sq. Ft.


Structure

Structure

Building Area:

3,766 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

12,196


Finances & Disclosures

Finances

Price:

$2,295,000

Price per Sq. Ft:

$609 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Coastal Homes are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved. Date Last Update: July 22, 2025

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