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    Newport, RI
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    Newport, RI Waterfront Land for Sale

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    Middletown, RI Jamestown, RI Portsmouth, RI Narragansett, RI North Kingstown, RI Little Compton, RI South Kingstown, RI Tiverton, RI
    Harborfront Resort with Redevelopment Entitlement
    Updated: Jun 15
    Harborfront Resort with Redevelopment Entitlement

    551 Thames Street, Newport, RI 02840

    $49,900,000
    89,653 sqft 5.27 AC lot
    5.27‑acre waterfront resort at 551 Thames Street, Newport, RI 02840
    89,653 SF hospitality property built in 1985
    52 two‑bedroom suites across four buildings, each with water views
    Approved conversion from 52 transient units to 152 one‑bedroom hotel units
    Indoor and outdoor swimming pools, tennis courts, and fitness center
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    Oceanfront Corner Home Site
    Updated: Jul 20
    Oceanfront Corner Home Site

    228 Carroll Ave, Newport, RI 02840

    $4,800,000
    33,541 sqft
    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 is being sold AS IS, with options to build new or renovate the existing structure
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newport, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Oceanfront Waterfront Land Parcel
    Oceanfront Waterfront Land Parcel

    571 West Main Rd, Little Compton, RI 02837

    $10,450,000
    1,171,764 sqft 26.00 AC lot

    Oceanfront land featuring 1,100+ feet of direct ocean frontage and a 6-acre building site.

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    Land
    Land

    6 Bay Farm Ln, Little Compton, RI 02837

    $650,000
    87,120 sqft

    Residential land & home lots · 87,120 SF

    View details
    Seasonal Waterfront Camping Lot
    Seasonal Waterfront Camping Lot

    49 East Beach Rd, Westport, MA 02790

    $190,000

    Waterfront land with a small shed and deck, suited for a seasonal camper or mobile home.

    View details
    Waterfront Land with Park Model
    Waterfront Land with Park Model

    238/242 East Beach Rd, Westport, MA 02790

    $319,000

    Two private waterfront lots include a 2003 park model trailer and on-site electric, for seasonal use from May 1 to Nov 1.

    View details

    Newport, RI Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 263,102 square feet of properties for sale, with an estimated market value of $54,700,000.

    Sale prices for water rights properties in Newport, RI start at $4,800,000, averaging $27,350,000, and reaching up to $49,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Waterfront Land 2
    Commercial land 1
    Residential land & home lots 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) -5.8%
    Median Household Income $83,515
    College Educated 81.9%

    High-Yield Neighborhoods for Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02840 $27.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.47%
    Property Tax per SF $6.96 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newport County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport County

    Office

    Residential Income

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