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    Newport, RI
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    Newport, RI Residential Land & Home Lots for Sale

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    LAND - Newport, RI
    Updated: Jul 9
    LAND - Newport, RI

    228 Carroll Avenue, Newport, RI 02840

    $5,100,000
    0.77 AC lot
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    Oceanfront Corner Home Site
    Updated: Jul 9
    Oceanfront Corner Home Site

    228 Carroll Avenue, Newport, RI 02840

    $5,100,000
    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
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    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.

    Residential Building Lot within Estate
    Residential Building Lot within Estate

    141 Gray Craig Road, Middletown, RI 02842

    $1,750,000
    1.39 AC lot

    1.39-acre, flat building lot in a limited eight-site estate with utilities access and natural privacy features.

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    Residential Building Lot
    Residential Building Lot

    78 Narragansett, Jamestown, RI 02835

    $1,000,000

    Build in Jamestown Village with town water and sewer available at the site.

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    Waterfront Residential Lot
    Waterfront Residential Lot

    78 Narragansett Avenue, Jamestown, RI 02835

    $950,000

    Town water and sewer are available on this Jamestown Village lot with privacy features and room for a home.

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    LAND - Middletown, RI
    LAND - Middletown, RI

    Reservoir Road, Middletown, RI 02842

    $400,000
    0.18 AC lot

    Land · 0.18 Acres

    View details

    Newport, RI Residential Land & Home Lots Market Trends and Statistics

    Explore 2 residential land & home lots for sale in Newport, RI on our real estate platform. These investment opportunities span a total of 33,541 square feet of properties for sale, with an estimated market value of $10,200,000.

    Sale prices for home sites in Newport, RI average $5,100,000 — 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 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 $5.1M

    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)

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