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$6,500,000
9 Days On Site

2 Fort Wetherill Road
Jamestown, RI 02835

For Sale|Land|Active
Subdivision:
The Dumplings
County:
Newport
2 Fort Wetherill Road2 Fort Wetherill Road2 Fort Wetherill Road2 Fort Wetherill Road
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Monthly Payment (Est.)

$29,656
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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 #1387813.

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Listing Snapshot
Price 
$6,500,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.2787 Acres
Year Built 
N/A
MLS® Number 
1387818
Status 
Active
Property Tax 
$30,500
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
a week agoListing first seen on site
General Features
Acres 
1.2787
Additional Property Use 
Single Family
Sewer 
Septic Tank
Utilities 
Electricity AvailableWater Available
Water Source 
PrivateWell
Zoning 
Residential
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Exterior Features
Frontage 
0
Lot Features 
WaterfrontRolling Slope
Road Frontage 
City Street
View 
Water
Waterfront 
Yes
Waterfront Features 
Beach FrontWaterfront
Waterview 
Water
Community Features
Community Features 
GolfRestaurantTennis Court(s)
Financing Terms Available 
Owner May Carry
Roads 
Asphalt
Listing courtesy of Deborah Foppert of Jamestown Real Estate LLC 4014232329



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for 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 not guaranteed. Copyright 2025, State-Wide MLS of Rhode Island, Inc.
Last checked: 2025-06-25 11:24 PM UTC

Neighborhood & Commute
Source: Walkscore
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