121 King Charles Drive, Portsmouth, RI, 02871 | $2,495,000

Rare opportunity to own over an acre on Portsmouth's prestigious West Side with unobstructed views of Narragansett Bay. Just imagine gorgeous nightly sunsets, and idyllic picturesque views of sailboats from the master bedroom, living areas, and deck. On 1. 24 acres, this is an opportunity to expand amenities on the property consistent with the outdoor lifestyle that has become synonymous with family entertaining and personal wellness. Imagine a bluestone pool, tennis court, and outdoor entertainment area. This home is situated within 1 mile to the private Aquidneck Club and Newport Beach Club, 1 mile to Portsmouth Abbey School, 1. 5 mile to St. Philomena School, 7 miles to downtown Newport, and within commuting distance to the new Fall River Mass Transit Train to Boston.

Complete with a gourmet kitchen with Viking and Bosch appliances and granite countertops, ensuite master bath with new Carrara marble, new Signature Hardware polished nickel faucets, a second full bath with new granite and Signature Hardware polished nickel faucets, and a fireplace in the main living area with a large Georgian-style bespoke mantle. A finished bonus room over garage provides additional living/working space. This property is for the buyer who wants not just a home, but a lifestyle. The house's footprint can be expanded to include anything you can dream.
Sale subject to Seller finding suitable housing.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 2000
  • Garage: 2-car Attached,Garage
  • Heating: Forced Air,Gas
  • Cooling: None
  • Basement: Interior Entry,Partial,Partially Finished
  • Approx Sq. Feet: 3,766
  • Acreage: 1.24
  • Est. Taxes: $10,836
  • View: Saltwater,Water
  • Appliances: Dishwasher,Disposal,Gas Water Heater,Refrigerator,Washer
  • MLS#: 1399770
  • Website: https://www.raveis.com
    /eprop/1399770/121kingcharlesdrive_portsmouth_ri?source=qrflyer
Copyright © 2025  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Residential Properties Ltd.   Phone: 401-619-5622

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Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

121 King Charles Drive, Portsmouth, RI, 02871

$2,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,996,000 $1,996,000 $1,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.932%
Monthly Tax Payment $903 $903 $903
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,868 $11,967 $16,575
Total Monthly Payment $11,896 $12,995 $17,603

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.