Located in the heart of Newport's coveted Point neighborhood, this nearly 5,000 square foot vacant lot presents a truly rare opportunity to build your dream home in one of the city's most historic and desirable areas. With direct access to city utilities including electric, gas, water, and sewer, this lot offers a seamless path to development in an established residential setting. Enjoy a short stroll to the harbor, downtown shops, restaurants, and parks while living in a neighborhood known for its colonial charm and coastal lifestyle. Whether you're a builder, investor, or end-user, this is a unique chance to create a custom home in a location where vacant land is almost never available.
Utilities
Electricity Available,Natural Gas Available,Municipal Utilities,Water Connected
Lot Description:
Corner Lot,Level
Amenities:
Marina, Restaurant, Shopping, Sidewalks
Copyright ©2026 State-Wide MLS, Inc. All rights reserved.
Listing courtesy of Edge Realty RI, LLC 401-783-1007
0 Second Street, Newport, RI, 02840
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
