Incredible opportunity to make a dream compound. There are 3 lots included in this sale, and they total 2.34 acres. The 2 lots without a home on them are currently non-conforming, but when combined they would meet dimensional regulations, and therefore be build-able per the Town. Build your dream home on the lots, and use the 2 bedroom home as your guest house or as an investment. The setting is truly serene and in the very desirable area of Plum Beach. The house is a charming, light-filled cottage and sits on 1 acre of land, lined by stonewalls and plenty of outdoor space to enjoy. This home maintains the aesthetics of its original construction while boasting many modern updates. Almost completely renovated from the studs in 2017, this stunning home features 2 bedrooms and one half bath on the second floor, with a full bath on the main level. The beautiful, open-concept main level features pickled oak hardwood floors, 10' ceilings, large eat-in-kitchen, living room with gorgeous stone fireplace, screened in porch, mudroom with laundry, large full bath with double vanity, mini-split A/C and sliders out to the expansive back deck area. Second-level addition includes two good sized bedrooms with new hardwood floors and a half bath. There is deeded access to the water, also. Close to Rt 138 with easy access to Rt 4, Newport, Narragansett Beaches, and Wickford restaurants and shops. Combine the already adorable home with the chance to build your dream home, and it's a win-win.