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$10,000,000
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Property Description
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 3.18 acres. 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.
Full Property Details
Full Property Details for 2 Fort Wetherill Rd
General
- Sold For: $10,000,000
- Taxes: $30,500 (2024)
- Status: Closed
- Type: Single Family
- Source: STWMLS
- MLS ID: 1387813
- Added to Site: 249 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Wood Burning Stove
- Number of Fireplaces: 1
- Fireplace(s): None
- Appliances: Gas Water Heater
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Tennis: Yes
Parking
- Total Spaces: 8
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: The Dumplings
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Oil, Wood
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Architectural Style: Contemporary
- Detached/Attached: Detached
- Construction: Shingle Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out Access
- Stories/Levels: 3
- Building Size: 3164
- Square Feet: 3,164
- Living Area: 3,164 Sq. Ft.
- Finished Total: 3,164 Sq. Ft.
- Finished Above Grnd: 2,156 Sq. Ft.
- Finished Below Grnd: 1,008 Sq. Ft.
- Year Built: 1990
Lot Features
- Lot Size (Acres): 3.18
- Lot Size (Sq. Ft.): 138,520
- Lot Size: 138520
- Lot Features: Multiple lots, Waterfront
Water Features
- Water Front: Yes
- Water Front Desc.: Beach Front, Dock Access, Water Access, Waterfront
Financial Considerations
- Tax Amount: $30,500
- Tax Year: 2024
Disclosures and Reports
- Inclusions: Property comprised of a lot with a Cabin built in 1890's; Main structure built in 1990; Boat slip at Fort Wetherill Boat Owner's goes with the property. All disclosures attached to listing.
- Property ID: 2FORTWETHERILLRDJAME
- Lot Number: 124/35
Listed and Sold by Jamestown Real Estate LLC
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Schools
Schools serving 2 Fort Wetherill Rd
School District:Jamestown School District
| Name | Grades | Distance |
|---|---|---|
Jamestown School-Lawn 55 Lawn Avenue, Jamestown, RI 02835 | 5-8 | 1.7 mi |
Jamestown School-Melrose 76 Melrose Avenue, Jamestown, RI 02835 | PK-4 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Fort Wetherill Rd
Date
Details
Price
Change
Source
8/28/2025
Sold
$10,000,000
—
MLS
7/01/2025
Price Increased
$10,000,000
53.85%
MLS
6/16/2025
Listed
$6,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2 Fort Wetherill Road, Jamestown, RI 02835 (MLS# 1387813) is a Single Family property that was sold at $10,000,000 on August 28, 2025. Want to learn more about 2 Fort Wetherill Road? Do you have questions about finding other Single Family real estate for sale in Jamestown? You can browse all Jamestown real estate or contact a Coldwell Banker agent to request more information.

