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. Seller will consider private financing for qualified buyer.
| Location | |
|---|---|
| City/Town | Portsmouth |
| County | Newport |
| Community Features | Golf, Highway Access, Marina, Restaurants, Schools, Shopping, Near Swimming |
| Interior | |
|---|---|
| Living Area | 4,552 sq. ft. |
| Rooms | 12 |
| Heating | Oil, Baseboard, Forced Water |
| Cooling | None |
| Interior Features | Wall (Dry Wall), Wall (Plaster), Attic, Attic Stairs, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Unknown), Insulation (Walls) |
| Additional Information | |
|---|---|
| Tax Assessment | $958,100 |
| Zoning | R20 |
| Exterior | |
|---|---|
| Acreage | 0.1108 |
| Exterior Features | Balcony |
| Waterfront Features | Saltwater Front |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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