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$6,495,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1 Harbor View Dr
General
- Price: $6,495,000
- Taxes: $50,044 (2025)
- Status: Active
- Type: Lots/Land
- Source: STWMLS
- MLS ID: 1412586
- Updated: 5/19/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Residential
Additional Information
- Tennis: Yes
Location
- County: Newport
- Subdivision: Wellington
Utilities
- Water: Connected
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 0
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Saltwater, Water
- Lot Size (Acres): 1.19
- Lot Size (Sq. Ft.): 51,836
- Lot Size: 51836
- Frontage: City Street, Private Road
- Topography: Level
- Lot Features: Corner Lot, Private, Secluded, Level
- Zoning: Residential
Water Features
- Water View: Yes
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $50,044
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Site Plan
- Inclusions: Existing 4 bed/4 bath 3675sf home on parcel currently. 2025 taxes listed account for the single-family home.
- Property ID: 1HARBORVIEWDRNEWP
- Lot Number: 10
Listed by Gustave White Sotheby's Realty
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Schools
Schools serving 1 Harbor View Dr
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 1.2 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 2.4 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Harbor View Dr
Date
Details
Price
Change
Source
5/13/2026
Listed
$6,495,000
98.32%
MLS
4/24/2018
Sold
$3,275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Harbor View Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$60,588
21%
$6,972,900
14%
2024
$50,265
25%
$6,115,000
50%
2023
$40,329
3%
$4,065,400
—
2022
$39,068
3%
$4,065,400
—
2021
$37,930
10%
$4,065,400
21%
2020
$34,438
-17%
$3,350,000
-17%
2019
$41,512
3%
$4,038,100
—
2018
$40,341
9%
$4,038,100
23%
2017
$36,910
3%
$3,292,600
—
2016
$35,988
2%
$3,292,600
—
2015
$35,132
20%
$3,292,600
36%
2014
$29,276
3%
$2,427,500
—
2013
$28,426
—
$2,427,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Harbor View Dr
1 Harborview Drive, Newport, RI 02840 (MLS# 1412586) is a Lots/Land property with a lot size of 1.19 acres. 1 Harborview Drive is currently listed for $6,495,000 and was received on May 13, 2026. Want to learn more about 1 Harborview Drive? Do you have questions about finding other Lots/Land real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

