331 Spring St, Block Island, RI 02807
Property image
Property image
OFF MARKET

331 Spring St
Block Island, RI 02807

  • 2 Beds
  • 831 sqft (on 4.89 acres)
2 Beds
831 sqft
(on 4.89 acres)

Local Information

  • Map ViewExplore the area around 331 Spring St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Coastal Beacon. The exceptionally beautiful setting, just in front of the iconic Southeast Lighthouse, offers a rare developable 4.89 acre waterfront lot with a abandoned small cottage/artist studio. The lot has been surveyed and engineered and an AdvanTex Treatment Septic System has been installed. Embrace the spirt in this "ready to build" waterfront Block Island property. Historically known as the John Hapgood property. John Hapgood was a well-known artist that cherished Block Island and purchased this lot back in 1968 while at war. He was also one of the servicemen that was part of the Ghost Army in WWII. Continue his creative legacy and build your dream! There is no better setting to observe the first moments of the day. As the sun rises over the horizon, you witness the blissful start of another Block Island day.
331 Spring St, Block Island, RI 02807 is a 2 bedroom, 831 sqft lot/land built in 1930. It last sold for $1,000,000 on Jul 25, 2003. It is currently off market. The Trulia Estimate rent is $1,972/month.

Home Highlights

Parking
No Info
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 331 Spring St

Interior Features

Heating & Cooling
Heating: ElectricHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
AtticNumber of Rooms: 4
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Wood

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Lot LandArchitecture: cottage

Community

Units in Building: 1

Lot Information

Lot Area: 4.89 acres

Price History for 331 Spring St

DatePriceEventSource
02/16/2022$1,300,000PriceChange
StateWide MLS RI #1303191
10/05/2020$975,000PriceChange
Agent Provided
07/15/2020$1,350,000Listed For SaleAgent Provided
11/14/2019$1,480,000ListingRemovedAgent Provided
11/09/2019$1,480,000Listed For SaleAgent Provided
07/25/2003$1,000,000Sold
N/A

Market trends in New Shoreham

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
16
2MoM
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Property Tax and Assessment

Year2025
Tax$6,286
Assessment$1,138,800
Home facts updated by county records

Comparable Sales for 331 Spring St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
NE Lot #2-02, Block Island, RI
2.21
Lot/Land
$650,000
10/23/25
-
-
W Side Rd, Block Island, RI
2.55
Lot/Land
$600,000
11/24/25
-
-
941 Graces Cove Rd, Block Island, RI
3.32
Lot/Land
$2,300,000
09/22/25
-
326,910
Off West Side Dr, Block Island, RI
3.12
Lot/Land
$865,000
09/30/25
-
-
Coast Guard Rd, Block Island, RI
3.13
Lot/Land
$3,200,000
01/21/26
-
-

Nearby homes

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Assigned Schools

These are the assigned schools for 331 Spring St.

What Locals Say about New Shoreham

At least 6 Trulia users voted on each feature.

  • 88 % Say it's quiet

  • 88 % Say it's walkable to restaurants

  • 83 % Say it's walkable to grocery stores

  • 78 % Say yards are well-kept

  • 73 % Say people would walk alone at night

  • 71 % Say it's dog friendly

  • 71 % Say car is needed

  • 63 % Say kids play outside

  • 57 % Say parking is easy

  • 50 % Say there's holiday spirit

  • 50 % Say there's wildlife

  • 42 % Say neighbors are friendly

  • 38 % Say there are sidewalks

  • 33 % Say streets are well-lit

  • 33 % Say they plan to stay for at least 5 years

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kristine Monje
    "Beautiful Island neighborhood, close to Town , Beaches and Nightlife.Residential neighborhood with friendly people. "
    0
    Flag
  • Kathryn h.
    "I’ve been coming out to Block Island every summer for the last 32 years, and it’s a second home for me and my family. "
    0
    Flag
  • Ila S.
    "Block island is fabulous for nature lover, water lover "
    1
    Flag

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Apartments for Rent

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Homes for sale near 331 Spring St

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Off Market Homes Near 331 Spring St

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