Investors and old house fans take note: located minutes away from the University of Rhode Island, historic villages of Wakefield and Peace Dale, and the beaches of South County, this property offers an existing 3000SF house and 15 subdividable acres, with exceptional potential for future development. With 3-5 bedrooms and 3-1/2 baths, the house could be used as a family home, a bed-and-breakfast, or a home for wayward University of Rhode Island professors. Behind the house is a substantial garage with a 2-bedroom, 1-bath apartment above, suitable for a guest suite or accessory dwelling unit. Built for a prominent farmer and his new bride in 1837 (with an even earlier section), the William C. Watson House is a Greek Revival-style house that emerged unscathed from the HGTV-house-renovation era. Poised for a top-to-bottom renovation, with mid-twentieth century bathrooms and a dated kitchen, the house is the perfect canvas for those looking to update a historic residence to their own taste while preserving the best of its original features, including moldings, wood floors, and mantles. Attached to the garage is a spacious barn with original horse stalls and hay loft. Zoning allows limited livestock and agricultural use, supporting both commercial and hobby farming adventures.