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$699,000
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Property Description
Experience refined coastal elegance in this fully renovated two-bedroom, two-bath residence, ideally situated within a prestigious gated waterfront community. Privately accessed by your own elevator, the home offers an exceptional level of privacy, comfort, and elevated design rarely found in condominium living. The open-concept living space is both inviting and sophisticated, anchored by a gas fireplace and seamlessly flowing into a chef's kitchen appointed with marble countertops, high-end appliances, generous prep space, and a built-in wine refrigerator, perfectly suited for effortless entertaining and everyday luxury. Partial water views from the dining area create a tranquil backdrop, while a private balcony provides the ideal setting to unwind after a day on the water. The expansive primary suite serves as a serene retreat, featuring a spa-inspired bath with soaking tub, glass-enclosed walk-in shower, quartz countertops, and refined designer finishes throughout. Located just steps from a saltwater marina and adjacent to the members-only Aquidneck Club renowned for its world-class golf, dining, and lifestyle amenities, this residence is perfectly positioned for those seeking an active yet refined coastal lifestyle. With expansive rooms, elegant interiors, and resort-style surroundings, this exceptional home offers a rare opportunity to own a one-of-a-kind coastal retreat in one of Rhode Island's most desirable enclaves.
Full Property Details
Full Property Details for 1 Tower Dr #302
General
- Price: $699,000
- HOA FEE: $1,901/month
- Taxes: $6,659 (2025)
- Status: Active
- Type: Condo
- Source: STWMLS
- MLS ID: 1402418
- Updated: 1/4/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Business Center, Maintenance, Pool, Recreation Facilities, Recreation Room, Spa/Hot Tub, Concierge
- Pool: Yes
- Pool Description: In Ground, Community
- Spa Description: Community
- Tennis: Yes
Exterior
- Exterior Features: Balcony, Paved Driveway
- Porch/Patio/Deck: Balcony
Parking
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned, No Garage
Location
- County: Newport
- Subdivision: Carnegie Abbey
- Building Name: The Carnegie Tower
- Near Highway: Yes
Community
- Assoc. Fees Include: Clubhouse, Gas, Heat, Hot Water, Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Sewer, Snow Removal, Security, Trash, Water
- Units Assoc/Comm: 79
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas, Zoned
Utilities
- Sewer: Septic Tank
- Water: Connected
Structural Information
- Architectural Style: High-Rise
- Structure Type: High Rise
- Detached/Attached: Detached
- Construction: Drywall, Masonry
- Basement Desc.: None
- Entry Floor Number: 302
- Entry Location: Elevator, Third Floor or higher Access
- Stories/Levels: 1
- Building Size: 1755
- Square Feet: 1,755
- Living Area: 1,755 Sq. Ft.
- Finished Total: 1,755 Sq. Ft.
- Finished Above Grnd: 1,755 Sq. Ft.
- Year Built: 2008
Lot Features
- Property View: Water
Water Features
- Water View: Yes
- Water Front Desc.: Walk to Water
Financial Considerations
- Association Fee: $1,901
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,659
- Tax Year: 2025
Disclosures and Reports
- Property ID: 1TOWERDR302PORT
- Lot Number: 2
Listed by Mott & Chace Sotheby's Intl.
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Price & Sales History for 1 Tower Dr #302
Date
Details
Price
Change
Source
1/02/2026
Listed
$699,000
-21.46%
MLS
12/05/2023
Sold
$890,000
—
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 Tower Dr #302
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,920
1%
$521,100
—
2024
$6,868
3%
$521,100
—
2023
$6,660
-29%
$521,100
-13%
2022
$9,356
2%
$601,300
—
2021
$9,206
2%
$601,300
—
2020
$9,062
-12%
$601,300
-4%
2019
$10,252
3%
$625,100
—
2018
$9,983
4%
$625,100
—
2017
$9,639
-13%
$625,100
-10%
2016
$11,058
1%
$691,100
—
2015
$10,919
—
$691,100
—
2014
$10,919
18%
$691,100
8%
2013
$9,270
—
$638,000
—
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 Tower Dr #302
1 Tower Drive #302, Portsmouth, RI 02871 (MLS# 1402418) is a Condo property with 2 bedrooms and 2 full bathrooms. 1 Tower Drive #302 is currently listed for $699,000 and was received on January 02, 2026. Want to learn more about 1 Tower Drive #302? Do you have questions about finding other Condo real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

