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$710,000
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Property Description
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.
Full Property Details
Full Property Details for 1503 Capella S #1503
General
- Sold For: $710,000
- HOA FEE: $548/month
- Taxes: $4,799 (2024)
- Status: Closed
- Type: Condo
- Source: STWMLS
- MLS ID: 1387636
- Added to Site: 213 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Stall Shower, Elevator, Cable TV
- Fireplace(s): None
- Appliances: Common Water Heater, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
- Flooring: Hardwood, Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Common Area
Additional Information
- Shared Amenities: Tennis Court(s)
- Pool: Yes
- Pool Description: In Ground
- Tennis: Yes
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Balcony, Sprinkler/Irrigation, Paved Driveway, Tennis Court(s)
- Porch/Patio/Deck: Balcony
Parking
- Total Spaces: 2
- Parking Features: No Garage, Unassigned
Location
- County: Newport
- Building Name: Capella South Condominum
- Near Highway: Yes
Community
- Units Assoc/Comm: 89
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public, Water Tap Fee
Structural Information
- Detached/Attached: Detached
- Construction: Drywall, Brick
- Basement: Yes
- Basement Desc.: Full, Finished, Interior Entry
- Windows: Thermal Windows
- Entry Floor Number: 5
- Entry Location: Elevator, First Floor Access
- Stories/Levels: 5
- Building Size: 760
- Square Feet: 760
- Living Area: 760 Sq. Ft.
- Finished Total: 760 Sq. Ft.
- Finished Above Grnd: 760 Sq. Ft.
- Year Built: 1979
Lot Features
- Property View: Saltwater, Water
- Sidewalks: Yes
- Lot Features: Private, Paved, Secluded, Sprinkler System, Waterfront
- Fencing (Description): Fenced, Security
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Beach Access, Beach Front, Water Access, Walk to Water, Waterfront
Financial Considerations
- Association Fee: $548
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,799
- Tax Year: 2024
Disclosures and Reports
- Disclosures/Rstr.: Owner Has Flood Insurance
- Property ID: 1503CAPELLA1503NEWP
- Block: 1
- Lot Number: 1503
Listed and Sold by Keller Williams Coastal
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Schools
Schools serving 1503 Capella S #1503
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.3 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 1503 Capella S #1503
Date
Details
Price
Change
Source
8/28/2025
Sold
$710,000
-3.92%
MLS
6/19/2025
Listed
$739,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1503 Capella S #1503, Newport, RI 02840 (MLS# 1387636) is a Condo property that was sold at $710,000 on August 28, 2025. Want to learn more about 1503 Capella S #1503? Do you have questions about finding other Condo real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

