2 Fort Wetherill Road Jamestown

$10,000,000
2 2 2,156 sq ft

The Property

A rare opportunity to renovate or build new on 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 awaiting renovation or reconstruction: the three story main studio/loft, the cabin nestled in cedar trees, and the two story accessory workshop. Swim from a secluded cove on the property or walk down to your own boat slip at the Fort Wetherill boatyard.

The property is 3.18 acres. An eight bedroom OWTS (septic) design has been APPROVED allowing for an additional 5 bedrooms on this property while reserving 3 bedrooms for the adjacent property. A Preliminary Determination from CRMC clarifies coastal setbacks, view corridors, and suitability for construction or renovation on the property. The site radiates a natural tranquility and calmness, while also being spacious and perfect for entertaining and family gatherings. 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/Boston.

Read more

Contact Associate

Listing Details

MLS Number

1387813

Lot Size:

3.18 acres

Features

  • Basement: Full, Walkout, Unfinished, Work Shop
  • Golf
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Near Swimming
  • Tennis
  • Heating: Oil, Wood, Baseboard
  • Heating Fuel: Oil, Wood, Baseboard
  • Garage: 1
  • Extra Lot
  • Type: Contemporary
  • Year Built: 1990
  • Water Amenities: Waterfront, Access, Dock, Saltwater Front

See more features

Market Trends for Single Family Homes
in Jamestown

  • Overview
    Homes for Sale Today45-88% decrease in inventory
    New on Market *1828.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$749.86$420 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,721,925$573,383 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.74%3.2% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$779.06$33 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *577 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 Jamestown Real Estate Llc

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!