38 Aquidneck Avenue Portsmouth

$1,300,000
4 2 4,552 sq ft

The Property

Wake up to golden sunrises and refreshing sea breezes in this rare waterfront opportunity overlooking the Sakonnet River. Currently configured as a two-family investment property, the property offers sweeping, unobstructed water views, a newer 4-bedroom septic system, low maintenance siding. With potential for a dock just steps from your door, this is coastal living at its finest. Inside, a framed walk-up attic provides exciting possibilities for expansion and leads to a third floor /deck/balcony with breathtaking panoramic river views.

Whether you envision a multigenerational retreat, an income-producing investment, or a custom waterfront dream home, the flexibility here is unmatched. Set on a highly sought after street lined with elegant waterfront residences, this property blends charm, location and OPPORTUNITY. Enjoy close proximity to great restaurants, weekend polo matches, or take a short drive to Newport for its vibrant downtown and lively harbor front. Bring your vision and transform this unique property into the coastal sanctuary you’ve always dreamed of.

Rents are below market values and leases expire 5/31/26 so tenants will be on month-to-month basis

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Listing Details

MLS Number

1411598

Lot Size:

0.11 acres

Features

  • Basement: Full, Walkout, Unfinished, Laundry, Storage Space
  • Golf
  • Highway Access
  • Marina
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Balcony
  • Heating: Oil, Baseboard, Forced Water
  • Heating Fuel: Oil, Baseboard, Forced Water
  • Laundry
  • Paved Driveway
  • Year Built: 1919
  • Water Amenities: Saltwater Front

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Market Trends for Single Family Homes
in Portsmouth

  • Overview
    Homes for Sale Today65-93.9% decrease in inventory
    New on Market *346.3% increase in new listings
    Avg. Asking Price/Sq.Ft. *$546.41$171 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$952,947$179,078 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.86%0% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$473.59$8 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5640 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Keller Williams Coastal

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