6 months on rocket

2 Fort Wetherill Rd, Jamestown, RI, 02835

$18,500,000

2 Bedrooms
2 Full Baths, 1 Partial
2,500 SqFt
$7,400/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Year Built1990
HeatingBaseboard, Oil, Other
CoolingNone
BasementYes
WaterfrontBeach, Waterfront
FireplaceNone
MLS #1358281
Lot Size3.24 Acres
StatusActive

About 2 Fort Wetherill Rd

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. 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. ALSO LISTED AS MLS 1360551

Property Details

Property Features

Property Information:

  • Year Built: 1990
  • Stories: 3
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Jamestown Real Estate LLC
  • Office Phone: (401) 423-2329

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Other
  • Interior: Tub Shower, Wood Burning Stove
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Waterfront

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 3.24 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Oil, Other
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,500,000
  • Price Per SqFt: $7,400/SqFt

Tax Information:

  • Annual Amount: $15,552
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Jamestown, RI.

Med. Sold Price

$1.0M

Med. Price/SqFt

$573

Avg. Days On Market

43

# of Sold Homes

10

2 Fort Wetherill Rd vs Jamestown

202 DAYS ON ROCKET

+159 Days

$18,500,000

+$17.4M More

$7,400/SqFt

+$6.8K More

KEY TAKEAWAY

This property is $17.4M more than the Median Sold Price and $6.8K/SqFt more than other homes in Jamestown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1358281

Listing Office:

  • Office Name: Jamestown Real Estate LLC
  • Office Phone: (401) 423-2329

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 2:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$15,552$1,878,300
2020$15,158$1,878,300
2019$15,120$1,878,300
2018$14,159$1,599,900
2017$13,855$1,599,900

History based on county public records data.

Payment Calculator

$92.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$55.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-897109
7
/10
  • Melrose Avenue School

  • 76 Melrose Ave

  • 1.91 miles

  • Public District Grades PK-4

school-card-donut-897110
4
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 3.28 miles

  • Public District Grades PK-4

school-card-donut-897111
5
/10
  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 4.77 miles

  • Public District Grades 4-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,262. The majority of Jamestown, RI residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2 Fort Wetherill Rd

What is the listing price of this property?

The listing price of 2 Fort Wetherill Rd property is $18,500,000.

What type of property is this?

The property 2 Fort Wetherill Rd is a house located in Jamestown, Rhode Island, 02835.

Is this property for sale now?

Active Listing: 2 Fort Wetherill Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,552 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2 Fort Wetherill Rd has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 2 Fort Wetherill Rd is 2,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2 Fort Wetherill Rd is 1990.
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Rocket HomesRhode IslandNewport CountyJamestown028352 Fort Wetherill Rd

This home is located at 2 Fort Wetherill Rd in Jamestown, RI and zip code 02835. This 2,500 square foot home, which was built in 1990, sits on a 3.24 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 05, 2024 and is currently priced at $18,500,000.

While more than 1 listings in Jamestown, RI in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The number of listings in Jamestown, RI decreased by 4.3% between September 2024 and October 2024. In October 2024 median list price was $1,087,500 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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