Backup offers
#1385482, Listing office: Gustave White Sotheby's Realty
Property details
About 1503 Capella S Unit 1503
Experience luxury coastal living in this fully reimagined top-floor residence on exclusive Goat Island. Masterfully renovated from the studs with the precision and artistry of a boat builder, this top-floor unit features rich teak flooring, an oversized teak island for entertaining, tongue-and-groove ceilings, and custom cabinetry throughout providing ample storage. The chef's kitchen boasts top-of-the-line stainless steel appliances and smart design. Expansive windows and a spacious, naturally shaded north-facing patio with teak tiles showcase breathtaking views of Newport Harbor, Narragansett Bay, and the Pell Bridge. A perfect oasis for relaxing or entertaining. Enjoy premier amenities in this gated community: a heated waterfront pool and pool house with sweeping views of the bay and Fort Adams, tennis, pickleball, basketball courts, and a small private beach with kayak storage. Additional conveniences include same-floor laundry and storage, lush grounds, scenic walking paths along the shoreline, and 24/7 on-site security. Just a short walk to downtown Newport, this one-of-a-kind retreat offers timeless craftsmanship and modern comfort.
Highlights
Home typeCondominium
HeatingBaseboard, Electric
StatusActive
CoolingWall Unit(s)
Size760 sqft
BasementYes
Year built1979
ParkingNo Garage, Unassigned
MLS #1387636
WaterfrontBeach, Water Access, Waterfront
ViewWater
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
- Basement: Yes
- Flooring Type: Hardwood, Other
- Interior: Stall Shower, Elevator, Cable TV
- Fireplace: None
- Total Bedroom Count: 1
- Parking: No Garage, Unassigned
- Waterfront: Beach, Water Access, Waterfront
- View: Water
- Exterior: Balcony, Sprinkler/Irrigation, Paved Driveway, Tennis Court(s)
- Heating: Baseboard, Electric
- Cooling: Wall Unit(s)
- List Price: $739,000
- Price/SqFt: $972
- HOA Amount: $548 Monthly
- Lot: Private, Paved, Secluded, Sprinklers, Waterfront
- Year Built: 1979
- Stories: 5
- Living Area: 760 SqFt
- MLS Number: 1387636
- MLS Name: RIS
- Office Name: Keller Williams Coastal
- Office Phone: (401) 845-9200
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 8:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Claiborne Pell Elementary School
Public District PK-4
1.7 mi
•35 Dexter St
7
Melrose Avenue School
Public District PK-4
2.8 mi
•76 Melrose Ave
5
Joseph Gaudet Academy
Public District 4-4
3.1 mi
•1113 Aquidneck Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,526. Residents of Newport, RI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
18%
<35k
50%
35k-100k
27%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
75%
Single, No Kids
0%
Single, with Kids
22%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
1%
12-17 yrs old
14%
18-34 yrs old
38%
35-64 yrs old
45%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Figure Skating
Where do the neighbors shop?
Chico's
Stein Mart
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Bob Evans
What do the neighbors drive?
Cadillac
Lincoln
Mazda
What do the neighbors listen to?
Classical
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Newport, RI
Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.
The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.
Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.
Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.
About 1503 Capella S Unit 1503
The listing price of 1503 Capella S Unit 1503 property is $739,000.
The property 1503 Capella S Unit 1503 is a condo located in Newport, Rhode Island, 02840.
Active Listing: 1503 Capella S Unit 1503 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1503 Capella S Unit 1503 are: Claiborne Pell Elementary School (GreatSchools Rating 4/10), Melrose Avenue School (GreatSchools Rating 7/10), Joseph Gaudet Academy (GreatSchools Rating 5/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Lawn Avenue School (GreatSchools Rating 8/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Rogers High School (GreatSchools Rating 3/10), Middletown High School (GreatSchools Rating 4/10), North Kingstown High School (GreatSchools Rating 7/10).
The property at 1503 Capella S Unit 1503 has 1 bedroom and 1 bathroom.
The property 1503 Capella S Unit 1503 is 760 SqFt (source: MLS/tax record).
The year of construction for 1503 Capella S Unit 1503 is 1979.
This home is located at 1503 Capella S Unit 1503 in Newport, RI and zip code 02840. This 760 square foot home was built in 1979. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $739,000.
Newport, RI housing market in June 2025 saw over 5 listings sold above listed price, more than 5 sold at listed price and over 14 sold below. The number of homes for sale in Newport, RI increased by 23.7% between May and June 2025. The median list price of listings available in June 2025 was $958,750, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.