$10,000 Closing Credit¹
#1379267, Listing Office: Gustave White Sotheby's Realty
$3,150,000 List price
181 Prospect Farm Rd Portsmouth, RI 02871
4 beds
5 full, 2 partial
5,040 sqft
1.4 acres
$625 / sqft
House
Property details
About 181 Prospect Farm Rd
Nestled at the end of a quiet cul-de-sac in the prestigious Prospect Farm neighborhood, this direct waterfront property offers the perfect balance of everyday comfort and extraordinary beauty. Designed for year-round living, the home features 4+ spacious bedrooms, 5 full and 2 half baths, 5,000sq ft, a private elevator, a chef's kitchen with Wolf and Sub-Zero appliances, and a bright, flowing layout crafted for gathering and connection. A full unfinished basement offers exceptional opportunity to create additional living or recreational space tailored to your family's needs. Wake to breathtaking sunrises, enjoy coffee on your private balconies, and end your evenings watching moonlight shimmer over the bay. With nearly 1.5 acres of gently rolling lawn, a Swim Spa overlooking the water, an infrared sauna, and a mooring already in place (dock permit in process), every day here feels like a retreat with all the comforts of home. Solar panels and a full-house generator ensure modern efficiency and peace of mind. Steps lead down to the rocky shoreline for afternoon adventures, and the location offers easy access to Newport, Providence, and all that coastal Rhode Island has to offer. A rare offering where beauty, comfort, and lifestyle come together Coastal luxury you'll live in, love in, and grow in.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Oil, Zoned
StatusActive
CoolingCentral Air
Size5,040 sqft
BasementYes
Lot size1.44 Acres
Year built2001
ParkingAttached, Built In, Garage
MLS #1382937
Attached garageYes
WaterfrontBeach, Dock Access, Water Access, Waterfront
FireplaceInsert, Gas
ViewWater
Virtual tour
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 5
- Appliances: Water Heater, Solar Water Heater
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood
- Interior: Wet Bar, Cathedral Ceiling(s), High Ceilings, Stall Shower, Tub Shower, Vaulted Ceiling(s)
- Fireplace: Insert, Gas
- Total Bedroom Count: 4
- Attached Garage: Yes
- Parking: Attached, Built In, Garage
- Waterfront: Beach, Dock Access, Water Access, Waterfront
- View: Water
- Exterior: Balcony, Deck, Porch
- Architectural Style: Colonial
- Heating: Forced Air, Oil, Zoned
- Cooling: Central Air
- List Price: $3,150,000
- Price/SqFt: $625
- HOA Amount: $58
- HOA Frequency: Annually
- Annual Tax Amount: $25,395
- Tax Year: 2024
- Lot: Cul-De-Sac
- Year Built: 2001
- Stories: 2
- Living Area: 5,040 SqFt
- Lot Size: 1.44 Acres
- MLS Number: 1382937
- MLS Name: RIS
- Office Name: Mott & Chace Sotheby's Intl.
- Office Phone: (401) 789-8899
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: 5/2/2025, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,150,000
181 Prospect Farm Rd
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 04, 2021 | Home Sold | $2,250,000 |
| Dec 02, 2015 | Home Sold | $1,400,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,926,800 | $25,395 |
| 2023 | $1,926,800 | $24,625 |
| 2022 | $1,527,300 | $23,765 |
| 2021 | $1,527,300 | $23,383 |
| 2020 | $1,527,300 | $23,016 |
| 2019 | $1,372,600 | $22,511 |
History based on county public records data.
Nearby schools
9
Melville Elementary School
Public District KG-4
1.5 mi
•1351 W Main Rd
10
Hathaway Elementary School
Public District KG-4
1.7 mi
•53 Tallman Ave
6
Fort Barton Elementary School
Public District KG-4
2.9 mi
•99 Lawton 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 $97,321. The majority of Portsmouth, RI residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
20%
<35k
31%
35k-100k
31%
100k-200k
18%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
39%
Single, No Kids
7%
Single, with Kids
33%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
46%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
PGA/LPGA
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Boston Market
Chipotle
Bonefish Grill
What do the neighbors drive?
Volvo
Mazda
Cadillac
What do the neighbors listen to?
Talk/Personality
Rock
Classical
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#1382541, Listing Office: Century 21 Topsail Realty
$10,000 Closing Credit¹
#1382226, Listing Office: Century 21 Topsail Realty
1 day on Rocket
$10,000 Closing Credit¹
#1383259, Listing Office: Residential Properties Ltd.
Backup offers
$8,894 Closing Credit¹
#1380376, Listing Office: Century 21 Topsail Realty
Frequently asked questions
Living in Portsmouth, RI
Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.
The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.
Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.
Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.
About 181 Prospect Farm Rd
The listing price of 181 Prospect Farm Rd property is $3,150,000.
The property 181 Prospect Farm Rd is a house located in Portsmouth, Rhode Island, 02871.
Active Listing: 181 Prospect Farm Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 181 Prospect Farm Rd are: Melville Elementary School (GreatSchools Rating 9/10), Hathaway Elementary School (GreatSchools Rating 10/10), Fort Barton Elementary School (GreatSchools Rating 6/10), Portsmouth Middle School (GreatSchools Rating 8/10), Tiverton Middle School (GreatSchools Rating 4/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Portsmouth High School (GreatSchools Rating 7/10), Tiverton High School (GreatSchools Rating 6/10), Middletown High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $25,395 (source: MLS/based on county public records data).
The last sale was on June 4, 2021 for $2,250,000 (source: MLS/tax record).
The property at 181 Prospect Farm Rd has 4 bedrooms and 5 full and 2 half bathrooms.
The property 181 Prospect Farm Rd is 5,040 SqFt (source: MLS/tax record).
The year of construction for 181 Prospect Farm Rd is 2001.
This home is located at 181 Prospect Farm Rd in Portsmouth, RI and zip code 02871. This 5,040 square foot home, which was built in 2001, sits on a 1.44 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $3,150,000.
While more than 1 listings in Portsmouth, RI in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 10 were sold below. Between March and April 2025, Portsmouth, RI real estate market has seen increase in the number of listings by 13.2%. In April 2025 median list price was $690,000 and the average listing age was 53 days.
From Rocket Homes Real Estate and based on county public records data.