Property details
About 2 Fort Wetherill Rd
A rare opportunity to own 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 secluded coves on the property or walk down to your own boat slip at the Fort Wetherill boatyard. With a total of 3.2 acres, the property is comprised of two separate lots, each of which may have a separate building envelope. An application to the RIDEM for an eight bedroom OWTS (septic) design has been APPROVED. Further Preliminary Determination applications to CRMC are pending to clarify coastal setbacks, view corridors, and suitability for the construction of multiple homes. 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 and Boston. PROPERTY ALSO LISTED AS MLS #1381039.
Highlights
Summary
- MLS Number: 1381042
- MLS Name: RIS
- Office Name: Jamestown Real Estate LLC
- Office Phone: (401) 423-2329
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: 4/3/2025, 11:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$12,500,000
2 Fort Wetherill Rd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $3,559,600 | $25,522 |
| 2023 | $3,571,000 | $24,926 |
| 2022 | $3,571,000 | $24,247 |
| 2021 | $1,878,300 | $15,552 |
| 2020 | $1,878,300 | $15,158 |
| 2019 | $1,878,300 | $15,120 |
History based on county public records data.
Nearby schools
7
Melrose Avenue School
Public District PK-4
1.9 mi
•76 Melrose Ave
4
Claiborne Pell Elementary School
Public District PK-4
3.3 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
4.8 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 $86,262. Most Jamestown, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
Frequently asked questions
About 2 Fort Wetherill Rd
This home is located at 2 Fort Wetherill Rd in Jamestown, RI and zip code 02835. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $12,500,000.
Over 0 listings were sold over their listed price in March 2025 in Jamestown, RI. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Jamestown, RI increased by 46.2% between February and March 2025. While the average time on the market in March 2025 was 125 days, the median list price was $1,157,500.