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Property Description
Experience resort-style living at The Tower at Carnegie Abbey. Residence #406 is a sun-drenched 2-bedroom, 2-bath corner unit with stunning views, plus one of the larger balconies perfect for entertaining or enjoying morning light and soft evening breezes. The open layout features Brazilian Cherry hardwood floors, a marble fireplace, floor-to-ceiling windows, new in-unit laundry, and thoughtful upgrades, including custom kitchen drawers, art lighting, and top-down/bottom-up shades private elevator access. Life at The Tower feels like a year-round vacation with luxury amenities including a sparkling Olympic-sized pool, hot tub, fitness center, concierge, and 24-hour security. Residents also enjoy gas grills, a library, a catering kitchen, and comprehensive maintenance, including landscaping, trash removal, window washing, additional parking areas, and more. Situated on Narragansett Bay, Tower residents can explore membership opportunities at the nearby Aquidneck Club, with its Scottish links-style golf course, marina, tennis, and equestrian facilities. Meticulously maintained and move-in ready, #406 offers the best of coastal living in a vibrant, private community designed for comfort and connection. Easy drive to downtown Bristol, Newport, beaches, mansions, shopping, etc.
Full Property Details
Full Property Details for 1 Tower Dr #406
General
- Price: $725,000
- HOA FEE: $1,630/month
- Taxes: $6,922 (2025)
- Status: Active
- Type: Condo
- Source: STWMLS
- MLS ID: 1403161
- Updated: 1/13/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Stall Shower, Tub Shower, Elevator, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Flooring: Hardwood, Marble, Carpet
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 Room, Concierge
- Pool: Yes
- Pool Description: In Ground, Community
- Tennis: Yes
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Balcony, Paved Driveway
- Porch/Patio/Deck: Balcony
Parking
- Total Spaces: 1
- Parking Features: Assigned, Detached, Garage
Location
- County: Newport
- Subdivision: The Aquidneck Club
- Building Name: The Tower at Carnegie Abbey
- Near Highway: Yes
Community
- Assoc. Fees Include: Clubhouse, Gas, Heat, HVAC, Insurance, Maintenance Grounds, Parking, Pest Control, 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: Connected
- Water: Connected, Water Tap Fee
- Utility Description: Sewer Connected, Underground Utilities
Structural Information
- Architectural Style: High-Rise
- Structure Type: High Rise
- Detached/Attached: Detached
- Construction: Drywall, Masonry
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Partially Finished
- Windows: Thermal Windows
- Entry Floor Number: 4
- Entry Location: Elevator, Private Entry
- Stories/Levels: 1
- Building Size: 1505
- Square Feet: 1,505
- Living Area: 1,505 Sq. Ft.
- Finished Total: 1,505 Sq. Ft.
- Finished Above Grnd: 1,505 Sq. Ft.
- Year Built: 2008
Lot Features
- Property View: Saltwater, Water
- Lot Size (Acres): 5.0108
- Lot Size (Sq. Ft.): 218,269
- Lot Size: 218269
- Lot Features: Private, Secluded, Waterfront
- Fencing (Description): Security
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Beach Front, Walk to Water, Waterfront
Financial Considerations
- Association Fee: $1,630
- Assoc Fee Freq.: Monthly
- Tax Amount: $6,922.63
- Tax Year: 2025
Disclosures and Reports
- Inclusions: Two pets allowed up to 40 Lbs. total. Please see the seller's agent for a complete list of HOA inclusions.
- Property ID: 1TOWERDR406PORT
- Lot Number: 2
Listed by Gustave White Sotheby's Realty
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Price & Sales History for 1 Tower Dr #406
Date
Details
Price
Change
Source
1/13/2026
Listed
$725,000
39.42%
MLS
9/30/2022
Sold
$520,000
—
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 #406
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,927
1%
$521,600
—
2024
$6,875
3%
$521,600
—
2023
$6,666
-23%
$521,600
-6%
2022
$8,665
2%
$556,900
—
2021
$8,526
2%
$556,900
—
2020
$8,392
-1%
$556,900
7%
2019
$8,502
3%
$518,400
—
2018
$8,279
4%
$518,400
—
2017
$7,994
-23%
$518,400
-20%
2016
$10,323
1%
$645,200
—
2015
$10,194
—
$645,200
—
2014
$10,194
39%
$645,200
28%
2013
$7,352
—
$506,000
—
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 #406
1 Tower Drive #406, Portsmouth, RI 02871 (MLS# 1403161) is a Condo property with 2 bedrooms and 2 full bathrooms. 1 Tower Drive #406 is currently listed for $725,000 and was received on January 13, 2026. Want to learn more about 1 Tower Drive #406? 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.

