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Oceanfront Corner Home Site
For Sale
$5,100,000

228 Carroll Avenue, Newport, RI 02840

Corner waterfront lot with Atlantic Ocean views and utilities connected, offering build-ready options for new construction or renovation.

Property SizeContact for details
Days on Market35

Property Features for 228 Carroll Avenue

General Information

Standard status Active
Property subtype Land

Site & Location

Road Access Yes
Utilities to Site Yes
Listing Agency: Gustave White Sotheby's Realty
Listed By: Elena Wilcox
Source: Lockandkeyre
Added: Jul 9 Changed: Aug 8 Last Checked: Jul 20 at 2:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gustave White Sotheby's Realty

Investment Insights

Based on property information with market context.

This is a corner waterfront home site with superb views of the Atlantic Ocean and Gooseberry Beach. The property is nearly an acre and is offered for sale in “as-is” condition, with the option to build a new home or revive the existing structure. All utilities are connected, including gas, electricity, and water/sewer.

The location is on the fabled Ocean Drive area of Newport, at the corner of Carroll Avenue, next to Sandy Bailey’s Beach, Gooseberry Beach, and Hazard Beach.

The property provides a straightforward residential land opportunity for buyers looking to develop on a waterfront parcel or renovate an existing structure, with basic site utilities already in place.

Key Highlights

  • Corner waterfront lot on Ocean Drive, next to Bailey's Beach, Gooseberry Beach, and Hazard Beach
  • Nearly 1 acre with superb Atlantic Ocean and Gooseberry Beach views
  • All utilities connected: gas, electricity, and water/sewer

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 02840, RI

23,902
Population
13,515
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,274
Density / Sq Mi
$83,515
Median Household Income
$41,228
Median Earnings
$1,610
Median Rent
$669,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner waterfront lot with Atlantic Ocean views and utilities connected, offering build-ready options for new construction or renovation.
Where is this residential land & home lot located?
The property is located at 228 Carroll Avenue Newport, RI.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Corner waterfront lot on Ocean Drive, next to Bailey's Beach, Gooseberry Beach, and Hazard Beach; Nearly 1 acre with superb Atlantic Ocean and Gooseberry Beach views; All utilities connected: gas, electricity, and water/sewer
More about this property
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