1 Harbor View Dr Newport, RI 02840
Fifth Ward NeighborhoodEstimated payment $39,747/month
Highlights
- Marina
- Golf Course Community
- Private Lot
- Water Views
- 1.19 Acre Lot
- 1-minute walk to Harry G. Hogan Memorial Field
About This Lot
This 1.19-acre parcel offers a rare opportunity to create your dream estate with panoramic views of Newport Harbor and beyond. Ideally located just minutes from the vibrant heart of downtown Newport and the prestigious New York Yacht Club, this prime lot boasts an unrivaled combination of proximity to luxury amenities and natural beauty. The parcel's elevated position ensures sweeping vistas of the water, providing a serene and breathtaking backdrop for your custom-designed home with potential of up to 18,000Sq-ft and 35' height. Whether you envision a modern architectural masterpiece or a classic Newport-style residence, this property offers the space and flexibility to bring your vision to life. With zoning and development potential, this is one of the few remaining opportunities to build on a site that combines location, size, and panoramic waterfront views in such a sought-after area. Existing 4-bedroom residence is currently sited on the parcel.
Listing Agent
Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0031635 Listed on: 09/10/2025
Co-Listing Agent
Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0040637
Property Details
Property Type
- Land
Est. Annual Taxes
- $50,044
Lot Details
- 1.19 Acre Lot
- Property fronts a private road
- Private Lot
- Secluded Lot
- Corner Lot
- Level Lot
- Property is zoned R120
Additional Features
- Water Views
- Property near a hospital
Listing and Financial Details
- Tax Lot 010
- Assessor Parcel Number 1HARBORVIEWDRNEWP
Community Details
Overview
- Wellington / Newport Harbor Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Walking Distance to Water
- Outbuilding
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $60,588 | $6,972,900 | $4,525,600 | $2,447,300 |
| 2024 | $50,265 | $6,115,000 | $4,525,600 | $1,589,400 |
| 2023 | $40,329 | $4,065,400 | $2,826,000 | $1,239,400 |
| 2022 | $39,068 | $4,065,400 | $2,826,000 | $1,239,400 |
| 2021 | $37,930 | $4,065,400 | $2,826,000 | $1,239,400 |
| 2020 | $34,438 | $3,350,000 | $2,248,600 | $1,101,400 |
| 2019 | $41,512 | $4,038,100 | $2,936,700 | $1,101,400 |
| 2018 | $40,341 | $4,038,100 | $2,936,700 | $1,101,400 |
| 2017 | $36,910 | $3,292,600 | $2,299,500 | $993,100 |
| 2016 | $35,988 | $3,292,600 | $2,299,500 | $993,100 |
| 2015 | $35,132 | $3,292,600 | $2,299,500 | $993,100 |
| 2014 | $29,276 | $2,427,500 | $1,433,100 | $994,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Rented | $65,000 | +712.5% | -- | |
| 10/06/2025 10/06/25 | Rented | $8,000 | 0.0% | -- | |
| 09/10/2025 09/10/25 | Price Changed | $8,000 | 0.0% | $2 / Sq Ft | |
| 09/10/2025 09/10/25 | For Sale | $6,750,000 | 0.0% | -- | |
| 08/14/2025 08/14/25 | For Rent | $65,000 | +44.4% | -- | |
| 08/14/2025 08/14/25 | For Rent | $45,000 | +350.0% | -- | |
| 08/14/2025 08/14/25 | For Rent | $10,000 | -83.3% | -- | |
| 11/07/2024 11/07/24 | Rented | $60,000 | +50.0% | -- | |
| 11/07/2024 11/07/24 | Rented | $40,000 | -33.3% | -- | |
| 11/04/2024 11/04/24 | Under Contract | -- | -- | -- | |
| 11/04/2024 11/04/24 | Under Contract | -- | -- | -- | |
| 08/23/2024 08/23/24 | For Rent | $60,000 | +50.0% | -- | |
| 08/23/2024 08/23/24 | For Rent | $40,000 | -20.0% | -- | |
| 02/19/2024 02/19/24 | Rented | $50,000 | 0.0% | -- | |
| 01/16/2024 01/16/24 | Under Contract | -- | -- | -- | |
| 09/11/2023 09/11/23 | For Rent | $50,000 | +733.3% | -- | |
| 07/27/2020 07/27/20 | For Rent | $6,000 | 0.0% | -- | |
| 07/27/2020 07/27/20 | Rented | $6,000 | -93.9% | -- | |
| 05/10/2020 05/10/20 | Rented | $98,000 | +96.0% | -- | |
| 04/10/2020 04/10/20 | Under Contract | -- | -- | -- | |
| 06/24/2019 06/24/19 | For Rent | $50,000 | -9.1% | -- | |
| 06/24/2019 06/24/19 | Rented | $55,000 | +10.0% | -- | |
| 05/25/2019 05/25/19 | Under Contract | -- | -- | -- | |
| 01/17/2019 01/17/19 | For Rent | $50,000 | 0.0% | -- | |
| 04/24/2018 04/24/18 | Sold | $3,275,000 | 0.0% | $627 / Sq Ft | View Prior Sale |
| 04/24/2018 04/24/18 | For Sale | $3,275,000 | -- | $627 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,275,000 | -- | |
| Deed | $188,000 | -- | |
| Warranty Deed | $1,100,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,965,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | No Value Available | |
| Previous Owner | $9,999,999 | No Value Available | |
| Previous Owner | $1,740,000 | No Value Available |
Source: State-Wide MLS
MLS Number: 1394503
APN: NEWP-000042-000000-000010
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