Capella South Condominium 1503 Capella S Unit 1503 Newport, RI 02840
Estimated payment $5,030/month
Total Views
30,359
1
Bed
1
Bath
760
Sq Ft
$972
Price per Sq Ft
Highlights
- Hot Property
- Marina
- In Ground Pool
- Beach Front
- Water Access
- Clubhouse
About This Home
Experience luxury coastal living in this fully reimagined top-floor residence on exclusive Goat Island. Masterfully renovated from the studs with the precision and artistry of a boat builder, this top-floor unit features rich teak flooring, an oversized teak island for entertaining, tongue-and-groove ceilings, and custom cabinetry throughout providing ample storage. The chef's kitchen boasts top-of-the-line stainless steel appliances and smart design. Expansive windows and a spacious, naturally shaded north-facing patio with teak tiles showcase breathtaking views of Newport Harbor, Narragansett Bay, and the Pell Bridge. A perfect oasis for relaxing or entertaining. Enjoy premier amenities in this gated community: a heated waterfront pool and pool house with sweeping views of the bay and Fort Adams, tennis, pickleball, basketball courts, and a small private beach with kayak storage. Additional conveniences include same-floor laundry and storage, lush grounds, scenic walking paths along the shoreline, and 24/7 on-site security. Just a short walk to downtown Newport, this one-of-a-kind retreat offers timeless craftsmanship and modern comfort.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,799
Year Built
- Built in 1979
Lot Details
- Beach Front
- Security Fence
- Secluded Lot
- Paved or Partially Paved Lot
- Sprinkler System
HOA Fees
- $548 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Brick Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 760 Sq Ft Home
- Thermal Windows
- Storage Room
- Laundry Room
- Utility Room
- Wood Flooring
- Water Views
- Security System Owned
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Unassigned Parking
Outdoor Features
- In Ground Pool
- Water Access
- Walking Distance to Water
- Balcony
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Water Heater
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Property near a hospital
Listing and Financial Details
- Legal Lot and Block 1503 / 001
- Assessor Parcel Number 1503CAPELLA1503NEWP
Community Details
Overview
- 89 Units
- 5-Story Property
Amenities
- Shops
- Restaurant
- Public Transportation
- Clubhouse
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Pet Policy
- No Pets Allowed
Map
About Capella South Condominium
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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 |
|---|---|---|---|---|
| 2024 | $4,798 | $583,700 | $0 | $583,700 |
| 2023 | $4,577 | $461,400 | $0 | $461,400 |
| 2022 | $4,434 | $461,400 | $0 | $461,400 |
| 2021 | $4,305 | $461,400 | $0 | $461,400 |
| 2020 | $3,536 | $344,000 | $0 | $344,000 |
| 2019 | $3,536 | $344,000 | $0 | $344,000 |
| 2018 | $3,437 | $344,000 | $0 | $344,000 |
| 2017 | $3,670 | $327,400 | $0 | $327,400 |
| 2016 | $3,578 | $327,400 | $0 | $327,400 |
| 2015 | $3,493 | $327,400 | $0 | $327,400 |
| 2014 | $3,753 | $311,200 | $0 | $311,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | For Sale | $739,000 | +111.1% | $972 / Sq Ft |
| 12/23/2015 12/23/15 | Sold | $350,000 | -16.5% | $461 / Sq Ft |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- |
| 07/17/2015 07/17/15 | For Sale | $419,000 | +52.4% | $551 / Sq Ft |
| 10/04/2013 10/04/13 | Sold | $275,000 | -6.8% | $362 / Sq Ft |
| 09/04/2013 09/04/13 | Pending | -- | -- | -- |
| 07/17/2013 07/17/13 | For Sale | $295,000 | -- | $388 / Sq Ft |
Source: State-Wide MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $275,000 | -- | |
| Warranty Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,400 | No Value Available | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $157,500 | No Value Available |
Source: Public Records
About the Listing Agent
Hello! I'm Connor Dowd, one of the Top Brokers in the beautiful state of Rhode Island. With a passion for real estate and a dedication to helping families, I've been successfully selling properties since 1999. Originally hailing from Cleveland, Ohio, I found my home in Rhode Island back in 1998, and I've been deeply committed to this community ever since.
I am proud to lead my exceptional sales team, known as The Dowd Team, who share my unwavering commitment to excellence and client
Connor's Other Listings
Source: State-Wide MLS
MLS Number: 1387636
APN: NEWP-000046-000001-001503
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