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.
Pending
Price increase: $3.5M (7/1)
$10,000,000
2 Fort Wetherill Rd, Jamestown, RI 02835
2beds
3,164sqft
Est.:
Single Family Residence
Built in 1990
3.18 Acres Lot
$-- Zestimate®
$3,161/sqft
$-- HOA
What's special
Waterfront locationBoat slipSecluded cove
- 48 days
- on Zillow |
- 422 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 12:40pm
Listed by:
Deborah Foppert 401-423-2329,
Jamestown Real Estate LLC,
Matthew Archer 401-649-0473,
Jamestown Real Estate LLC
Source: StateWide MLS RI,MLS#: 1387813

Travel times
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
Video & virtual tour
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
- 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 & HOA
Community
- Features: Golf, Marina, Private School, Public School, Recreational Facilities, Restaurants, Near Swimming, Tennis
- Subdivision: The Dumplings
HOA
- Has HOA: No
Location
- Region: Jamestown
Financial & listing details
- Price per square foot: $3,161/sqft
- Tax assessed value: $3,559,600
- Annual tax amount: $30,500
- Date on market: 6/17/2025
- Inclusions: Property comprised of a lot with a Cabin built in 1890's; Main structure built in 1990; Boat slip at Fort Wetherill Boat Owner's goes with the property. All disclosures attached to listing.
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