2 Fort Wetherill RD new

Jamestown,RI 02835

$ 6500000

2 Beds

2 Baths

3164 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,164 sqft

Price per Sqft $2,054

Subdivision The Dumplings

MLS Listing ID 1387813

Style Contemporary

Bedrooms 2

Full Baths 2

Year Built 1990

Annual Tax Amount $30,500

Tax Year 2024

Lot Size 1.279 Acres

Property Sub-Type Single Family Residence

Property Description

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 1.25 acres with an option to lease/purchase the adjoining property. 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. PROPERTY ALSO LISTED AS MLS #1387818.

Location

State RI

County Newport

Community The Dumplings

Zoning R-80

Interior

Heating Baseboard,Oil,Wood

Cooling None

Flooring Other

Fireplaces Number 1

Fireplaces Type None

Inclusions Property comprised of a lot with a Cabin built in 1890's; Main structure built in 1990; Boat slip at Fort Wetherill Boat Owner's goes with the property. All disclosures attached to listing.

Exterior

Parking Features Detached

Community Features Golf,Marina,Near Schools,Recreation Area,Restaurant,Tennis Court(s)

Waterfront Description Beach Front,Dock Access,Water Access,Waterfront

Building

Lot Description Multiple lots,Waterfront

Story 3

Foundation Combination

Sewer Septic Tank

Water Well

Structure Type Shingle Siding

New Construction No

Others

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