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$1,100,000

Located in the heart of Newport's coveted Point neighborhood, this nearly 5,000 square foot vacant lot presents a rare opportunity to build in one of the city's most historic and desirable areas. With direct access to city utilities, including electric, gas, water, and sewer, the property offers a seamless path to development in an established residential setting. Architectural plans for a thoughtfully designed residence have already received approval from the Newport Historic District Commission, offering a meaningful head start for those looking to build while navigating Newport's historic guidelines. Enjoy a short stroll to the harbor, downtown shops, restaurants, and nearby parks, all while living in a neighborhood defined by its colonial charm and coastal lifestyle. Whether you are a builder, investor, or end user, this is a unique opportunity to bring a well-considered vision to life in a location where vacant land is seldom available.

Second Street, Newport

Listing courtesy of Edge Realty RI. Contact:

$2,800,000

An exceptionally rare development opportunity in the heart of downtown Newport. This premier parcel sits in the General Business Zone and is being sold with approvals in place for a Vacation Guest Facility, a designation that is increasingly difficult to secure in today's regulatory environment. The offering includes city approvals, engineering plans and architectural designs. The approved project features 11 residential units across the second, third, and fourth floors, including nine, two-bedroom, two-and-a-half-bath units and two, one-bedroom, one-and-a-half-bath units, all designed to support high-quality short-term and vacation rentals. The ground level is planned for retail use, creating an ideal mixed-use asset that enhances both guest experience and long-term value. The property also includes 23 on-site parking spaces, a major advantage in downtown Newport. This is a unique opportunity to develop and operate a professionally managed short-term rental or boutique vacation facility in one of the most supply constrained markets in New England. With new short-term rental approvals becoming increasingly rare, this project offers a clear path to scale in a market defined by strong seasonal demand, premium nightly rates, and limited competition. Guests can step out the front door and be fully immersed in downtown Newport, surrounded by renowned restaurants, shops, and marinas, while enjoying walkable access to everything that makes the city a world-class destination.

105 Broadway, Newport

Listing courtesy of Serhant New England. Contact: