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.
Sold for $10,000,000 on 08/28/25
$10,000,000
2 Fort Wetherill Rd, Jamestown, RI 02835
2beds
3,164sqft
Single Family Residence
Built in 1990
3.18 Acres Lot
$10,001,600 Zestimate®
$3,161/sqft
$4,089 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 28, 2025 at 12:46pm
Listed by:
Deborah Foppert 401-423-2329,
Jamestown Real Estate LLC,
Matthew Archer 401-649-0473,
Jamestown Real Estate LLC
Bought with:
Deborah Foppert, REB.0019071
Jamestown Real Estate LLC
Matthew Archer, RES.0046203
Jamestown Real Estate LLC
Source: StateWide MLS RI,MLS#: 1387813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil, Wood, Baseboard
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Cathedral Ceiling(s), Stairs, Plumbing (Mixed)
- Flooring: Other
- Basement: Full,Walk-Out Access,Unfinished,Work Shop
- Number of fireplaces: 1
- Fireplace features: None
Interior area
- Total structure area: 2,156
- Total interior livable area: 3,164 sqft
- Finished area above ground: 2,156
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 8
- Parking features: Detached
- Has garage: Yes
Features
- Waterfront features: Waterfront, Access, Dock, Saltwater Front
Lot
- Size: 3.18 Acres
- Features: Extra Lot
Details
- Foundation area: 1008
- Parcel number: JAMEM10L124
- Zoning: R-80
- Special conditions: Conventional/Market Value
- Other equipment: Wood Stove
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Shingles
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Electric: 30 Amps
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Community
- Community features: Golf, Marina, Private School, Public School, Recreational Facilities, Restaurants, Near Swimming, Tennis
Location
- Region: Jamestown
- Subdivision: The Dumplings
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$10,001,600
2% more+$200K
With Zillow Showcase(estimated)$10.2M