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1 Harbor View Dr, Newport, RI, 02840

4beds
5baths
5,225sqft
$6,495,000
$1,243price/sqft
$40,708/moest. monthly cost
$1,628,320/yrincome needed

About This Home

Commanding panoramic views of Newport Harbor, this extraordinary coastal estate offers a rare opportunity to own one of the area's most captivating waterfront-view properties. Set on 1.19 private, professionally landscaped acres, the residence seamlessly blends timeless elegance with resort-style living just steps from yacht clubs, parks, beaches and downtown Newport. Thoughtfully renovated throughout, the home features sophisticated interiors designed to maximize natural light and spectacular harbor vistas. A custom chef's kitchen with quartz countertops, premium stainless steel appliances, and an oversized island opens to expansive living spaces and a sprawling deck overlooking the water. The luxurious primary suite is a private retreat with breathtaking views, a sitting room with fireplace and wet bar, spa-inspired marble bath, soaking tub, dual vanities, and sauna. The walkout lower level offers a spacious guest suite with a living area, kitchenette, bedroom, full bath, and laundry. Outside, enjoy a heated gunite pool, jacuzzi, elegant bluestone patio, and pool house with a full bath, creating an exceptional setting for entertaining or quiet relaxation. A sweeping circular driveway, attached two-car garage, and abundant guest parking complete this remarkable offering. Moments from Newport's renowned restaurants, marinas, shopping, and the New York Yacht Club, this is a rare opportunity to experience the very best of coastal luxury living.

Getting Around

65
WalkingSomewhat Walkable
20
TransitMinimal Transit
30
BikeSomewhat Bikeable

Schools

4/10
Rogers High SchoolGrades 9-120.5 mi
4/10
Pell Elementary SchoolGrades PK-42.4 mi

Construction

Condition

  • Year built: 1984

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Masonry,Shingles

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Dishwasher,Dryer,Microwave,Oven/Range,Refrigerator,Whirlpool

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Finished,Bath/Stubbed,Bedroom(s),Family Room,Kitchen,Utility

Bathroom

  • Features: Bath w Tub, Bath w Shower Stall

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Wall (Dry Wall),Cathedral Ceiling(s),Wet Bar,Sauna
  • Window features: Skylight(s)
  • Flooring: Hardwood
  • Number of fireplaces: 3
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,550
  • Finished area above ground: 3,675

Heating & Cooling

  • Heating features: Natural Gas,Forced Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,675
  • Total interior livable area: 5,225 sqft

Property

Details

  • Parcel number: NEWPM042B0010
  • Other equipment: Cable TV,Sauna

Features

  • Pool features: In Ground
  • Patio & porch: Deck,Patio
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Beach,Saltwater Front,Walk to Salt Water

Lot

  • Lot size: 1.19 Acres

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

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Severe Storm

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

MonthlyAnnual
Mortgage $32,842$394,104
Home Insurance *$2,179$26,148
Property Taxes $4,623$55,476
Electricity $1,064$12,769
Total$40,708$488,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,395,702/yr
40% on housing$1,221,240/yr
45% on housing$1,085,546/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

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.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,243This listing

vs Other Active Listings

Avg $/sqft

ZIP 02840$728
Newport County$542

vs Homes Sold Last Month

Median $/sqft

ZIP 02840$651
Newport County$380

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

DateEventPrice
2026-07-05Listed for rent$10,000
2026-07-01Listed for sale$6,495,000
2025-12-01Listing removed$6,750,000
2025-08-13Listed for sale$6,750,000
2025-07-31Listing removed$10,000
2025-07-21Listed for rent$10,000
2025-07-15Listing removed$45,000
2025-02-07Listing removed$6,750,000
2024-11-08Listed for rent$45,000
2024-11-07Listing removed$50,000
2024-07-30Listed for sale$6,750,000
2024-07-25Listing removed--
2024-04-12Listed for rent$45,000
2024-04-12Listing removed--
2024-02-20Listed for rent$40,000
2024-02-20Listing removed--
2024-01-30Listing removed--
2024-01-17Listed for rent$6,000
2024-01-16Listing removed--
2023-10-25Listed for sale$6,250,000
2023-10-25Listing removed--
2023-09-26Price change$50,000
2023-09-21Listed for rent$6,000
2022-05-04Listing removed--
2018-04-24Sold$3,275,000
2002-10-31Sold$188,000
1988-12-20Sold$1,100,000

For Sale by Agent

AgentThe Willett Team
BrokerageSERHANT.

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