557 Center Road

Block Island RI 02807

3766 sq. ft.

12197 sq. ft.

Multi-Family

Last sold for $1,660,000

Rosemary Tobin, last sold this property on 26 May 2026 after 333 days on market.

Overview

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.

Features

5 bedrooms

3 bathrooms

3766 sq. ft. floor area

12197 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Block Island over the last 12 months.

Property history for 557 Center Road

2026

Sold

$1,660,000

26 May 2026 by Rosemary Tobin, of Lila Delman Compass

Happy sellers in Block Island

We have insufficient information to provide an overview of customer satisfaction for Block Island. Viewing the agent profiles, reviews and sales for Block Island can provide insights for this location.