Skip main navigation
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
    $10,089,800 Zestimate®
    $3,161/sqft
    $3,253 Estimated rent

    Home value

    $10,089,800

    $8.37M - $12.11M

    $3,253/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $3,253/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,253/mo

    Rent Zestimate®

    Refinance and save

    $48,527/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $48,527/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    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.

    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#: 1387813MLS Logo

    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

    Price history

    DateEventPrice
    8/28/2025Sold$10,000,000$3,161/sqft
    Source: StateWide MLS RI #1387813 Report a problem
    7/22/2025Pending sale$10,000,000$3,161/sqft
    Source: StateWide MLS RI #1387813 Report a problem
    7/1/2025Contingent$10,000,000$3,161/sqft
    Source: StateWide MLS RI #1387813 Report a problem
    7/1/2025Price change$10,000,000+53.8%$3,161/sqft
    Source: StateWide MLS RI #1387813 Report a problem
    6/17/2025Price change$6,500,000-48%$2,054/sqft
    Source: StateWide MLS RI #1387813 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,160 +10.3%$4,992,900 +40.3%
    2024$25,522 +5.3%$3,559,600 -0.3%
    2023$24,247 $3,571,000

    Find assessor info on the county website

    Neighborhood: 02835

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $10.1M
    2% more+ $202K
    With Zillow Showcase(estimated)
    $10.3M