1 Harbor View Drive
Newport, RI, 02840 $ 5,995,000
Bedrooms4 Baths4.2 Sq 5,225 Monthly Estimate*
$ 41,406
for $5,995,000 with 4 bedrooms and 4 full baths, 2 half baths. This 5,225 square foot home was built in 1984 on a lot size of 1.19.
Set on 1.19 elevated acres overlooking Newport Harbor, this exceptional property combines panoramic water views, remarkable privacy, and excellent walkability to downtown Newport, along with the rare opportunity to create a custom legacy estate. Tucked away on a private road behind mature hedges, the setting feels secluded while remaining just moments from the harbor and downtown Newport. The existing residence takes full advantage of the impressive views, featuring an expansive deck overlooking the harbor and a new custom chef's kitchen with quartz countertops, premium appliances, and an oversized island opening to expansive living and dining spaces. The first floor includes two ensuite guest bedrooms and a luxurious primary suite with sweeping water views, a fireplace, wet bar, marble bath, soaking tub, dual vanities, and sauna. A spacious lower level offers an additional living area, kitchenette, 4th bedroom, full bath and laundry. Outside, a heated gunite pool, spa, bluestone patio, and pool house create the perfect space for entertaining and relaxing with friends and family. Alternatively, the 1.19-acre parcel presents an extraordinary opportunity to build a custom dream home of up to approximately 18,000 square feet and 35 feet in height. Buildable parcels offering this combination of acreage, elevation, privacy, water views, and downtown walkability are exceptionally rare, an opportunity to create something truly special in Newport.
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FeaturesGeneralSewer Connected
Heating Baseboard Gas
Cooling Ductless
Utilities Sewer Connected
Possession Immediately
Zoning R120
Garage Spaces 2
Construction Materials Masonry Shingle Siding
Year Built 1984
Electric 200+ Amp Service
View Water
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Waterfront
Community Features Clubhouse
County Newport
New Construction false
Property Type Residential
Attached Garage true
Garage Y/N true
Other Structures Outbuilding
Total Rooms 15
Full Baths 4
Status Active
City Newport
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 51836
Land Lease Y/N false
Tax Annual Amount 50044
Standard Status Active
Tax Assessed Value 6972900
Tax Lot 010
Property Sub Type Additional Single Family Residence
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InteriorBasement Full Finished Interior Entry
Flooring Hardwood
Total Fireplaces 3
Fireplace Features Gas
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 2
Total Bedrooms 4
Below Grade Finished Area 1550
Total Baths 6
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ExteriorParking Features Attached Garage
Lot Features Waterfront
Water Source Connected
Total Parking 10
Inclusions Existing 4 bed/4 bath 3675sf home on parcel currently. 2025 taxes listed account for the single-family home.
Lot Size Area 51836
Foundation Details Concrete Perimeter
Building Area Total 5225
Lot Size Acres 1.19
Frontage Length 229
Waterfront Y/N true
Covered Spaces 2
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* Excluded FeaturesList Bybenwillett@serhant.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $41,406
- Monthly Property Taxes
- $4,170
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Newport, RI
Average List Price $2,873,992
Percent of Sale Price 52%
About Newport, RI 25,085 Population
-5% Since 2002
$ 63,135 Median Income
37.91 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/16/2026 | $5,995,000 | | Listed Price |