Experience luxury coastal living in this fully reimagined top-floor residence on exclusive Goat Island. Masterfully renovated from the studs with the precision and artistry of a boat builder, this top-floor unit features rich teak flooring, an oversized teak island for entertaining, tongue-and-groove ceilings, and custom cabinetry throughout providing ample storage. The chef’s kitchen boasts top-of-the-line stainless steel appliances and smart design. Expansive windows and a spacious, naturally shaded north-facing patio with teak tiles showcase breathtaking views of Newport Harbor, Narragansett Bay, and the Pell Bridge. A perfect oasis for relaxing or entertaining. Enjoy premier amenities in this gated community: a heated waterfront pool and pool house with sweeping views of the bay and Fort Adams, tennis, pickleball, basketball courts, and a small private beach with kayak storage. Additional conveniences include same-floor laundry and storage, lush grounds, scenic walking paths along the shoreline, and 24/7 on-site security. Just a short walk to downtown Newport, this one-of-a-kind retreat offers timeless craftsmanship and modern comfort.
Sold for $710,000
$710,000
1503 Capella St S #1503, Newport, RI 02840
1beds
760sqft
Condominium
Built in 1979
-- sqft lot
$725,900 Zestimate®
$934/sqft
$2,819 Estimated rent
Home value
$725,900
$588,000 - $893,000
$2,819/mo
Zestimate® history
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$2,819/mo
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$3,993/mo
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List your homeWhat's special
Heated waterfront poolTennis pickleball basketball courtsTongue-and-groove ceilingsRich teak flooringTop-of-the-line stainless steel appliancesExpansive windowsCustom cabinetry
Zillow last checked:
Listing updated:
Listed by:
The Dowd Team 401-864-4488,
Keller Williams Coastal
Bought with:
The Dowd Team, B16208
Keller Williams Coastal
Source: StateWide MLS RI,MLS#: 1387636
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Features: Bath w Shower Stall
Heating
- Electric, Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven/Range, Refrigerator
- Laundry: In Building
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s), Elevator
- Flooring: Hardwood, Other
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Finished,Laundry,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 760
- Total interior livable area: 760 sqft
- Finished area above ground: 760
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: No Garage, Unassigned, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed, One Level
Features
- Stories: 1
- Entry location: Elevator,First Floor Access
- Exterior features: Balcony
- Pool features: In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Access, Beach, Flood Insurance, Saltwater Front, Walk to Salt Water
Lot
- Features: Paved, Secluded, Security, Sidewalks, Sprinklers, Tennis
Details
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV, Elevator
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Dry Wall, Brick
- Foundation: Brick/Mortar, Concrete Perimeter
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Circuit Breakers, Individual Meter
- Sewer: In Fee, Public Sewer
- Water: In Fee, Public
Community & HOA
Community
- Features: Near Public Transport, Highway Access, Hospital, Marina, Recreational Facilities, Restaurants, Near Shopping, Near Swimming, Tennis, Tennis Court(s), Clubhouse
- Security: Security System Owned
HOA
- Has HOA: No
- HOA fee: $548 monthly
Location
- Region: Newport
Financial & listing details
- Price per square foot: $934/sqft
- Annual tax amount: $4,799
- Date on market: 6/19/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | $710,000-3.9%$934/sqft |
Source:  StateWide MLS RI #1387636 Report a problem | ||
| 8/21/2025 | Pending sale | $739,000$972/sqft |
Source: StateWide MLS RI #1387636 Report a problem | ||
| 7/16/2025 | Contingent | $739,000$972/sqft |
Source: StateWide MLS RI #1387636 Report a problem | ||
| 6/19/2025 | Listed for sale | $739,000$972/sqft |
Source: StateWide MLS RI #1387636 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Goat Island
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Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.9 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.3 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.9 mi
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Estimated market value
$725,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$725,900
- Rhode Island
- Newport County
- Newport
- 02840
- Goat Island
- 1503 Capella St S Unit 1503
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