474 Wapping Rd, Portsmouth, RI, 02871
About This Home
Set behind the gates of one of South Portsmouth's most exclusive private communities, this extraordinary 11.6-acre estate offers a rare opportunity to own a true New England compound where privacy, natural beauty, and exceptional amenities come together in perfect harmony. Surrounded by rolling pastures, tranquil water views, and acres of protected open space, this custom-built residence embodies the peaceful coastal lifestyle that makes this corner of Aquidneck Island so coveted. Designed for both grand entertaining and everyday living, the property includes a beautifully crafted four-bedroom main residence with office, den and entertainment room, a separate two-bedroom guest house ideal for extended family or visitors, an expansive barn with horse stables and paddocks, a large private gym, and multiple outbuildings offering endless possibilities for collectors, artisans, equestrians, boating enthusiasts, or those seeking exceptional workshop or studio space. Farmlands is an intimate 64-acre gated community where residents enjoy an unmatched sense of serenity just minutes from Newport's renowned waterfront, championship golf, marinas, beaches, and fine dining. Whether envisioned as a private family retreat, an equestrian estate, or a legacy property to be enjoyed for generations, opportunities of this caliber and setting are exceptionally rare. This property is ICONIC.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2006
Materials
- Foundation: Concrete Perimeter
- Construction materials: Ceramic,Dry Wall,Wood Wall(s),Masonry,Shingles,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Dishwasher,Dryer,Exhaust Fan,Disposal,Microwave,Oven/Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Unfinished
Bathroom
- Features: Bath w Tub, Bath w Shower Stall
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Wall (Cermaic),Wall (Dry Wall),Wall (Wood),Cathedral Ceiling(s),Stairs,Plumbing (Copper),Plumbing (PVC),Insulation (Ceiling),Insulation (Floors),Insulation (Walls),Central Vacuum
- Flooring: Ceramic Tile,Hardwood,Marble
- Number of fireplaces: 2
- Fireplace features: Stone,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 5,968
Heating & Cooling
- Heating features: Natural Gas,Forced Air,Forced Water,Zoned
- Cooling features: Central Air
Interior Area
- Total structure area: 5,968
- Total interior livable area: 5,968 sqft
Property
Details
- Parcel number: PORTM065B0003
Features
- Patio & porch: Deck,Porch
- Exterior features: Balcony
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Horses can be raised: Yes
Lot
- Lot size: 11.63 Acres
- Features: Horse Permitted,Secluded
Parking
- Total spaces: 12
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $29,075 | $348,900 |
| Home Insurance * | $2,149 | $25,788 |
| Property Taxes | $6,301 | $75,612 |
| Electricity | $1,215 | $14,585 |
| Total | $38,740 | $464,880 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-27 | Listed for sale | $5,750,000 |
| 2020-09-17 | Sold | $2,012,750 |
| 2020-05-29 | Price change | $2,290,000 |
| 2020-02-05 | Listed for sale | $2,475,000 |
| 2019-08-11 | Listing removed | $2,500,000 |
| 2018-08-10 | Listed for sale | $2,500,000 |
| 2013-09-11 | Listing removed | $2,700,000 |
| 2012-09-12 | Listed for sale | $2,700,000 |
| 2010-12-04 | Listing removed | $3,200,000 |
| 2010-09-11 | Price change | $3,200,000 |
| 2009-10-03 | Listed for sale | $3,475,000 |
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