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2 Fort Wetherill Road Jamestown

$18,500,000
0 141,000 sq ft

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The Property

A rare opportunity to own one of the most iconic waterfront locations on the East Coast. Offered for the first time in many generations, the Dragonline property sits alone atop a bluff at the mouth of Narragansett Bay, and boasts 360-degree unobstructed views with the Newport Bridge to the north, Aquidneck Island to the east, and Block Island, Point Judith, and Beavertail to the south and west. Originally the site of an historic 54 room homestead, today there are three distinct buildings: the three story main studio, the cabin nestled in cedar trees, and the two story accessory workshop. Swim from secluded coves on the property or walk down to your own boat slip at the Fort Wetherill boatyard.

Although the property is spacious and perfect for entertaining and family gatherings, the site radiates a natural tranquility and calmness. The property is comprised of two separate lots, one of which is vacant. An application to the RIDEM for an eight bedroom OWTS (septic) design has been APPROVED. Although secluded and private, the location allows for easy access to all that Jamestown and Newport have to offer, as well as easy travel to Providence and Boston. PROPERTY ALSO LISTED AS MLS 1358281

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Listing Details

MLS Number

1360551

Lot Size:

3.24 acres

Features

  • Extra Lot
  • Waterfront
  • Type: Residential
  • Water Amenities: Access, Dock, Saltwater Front

Market Trends for Vacant Land
in Jamestown

  • Overview
    Homes for Sale Today2-95% decrease in inventory
    New on Market *0-100% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$0 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,525,000$1,525,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.83%100% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *272272 increase 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 Jamestown Real Estate LLC

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