It was a relatively quiet week in local real estate, but one extraordinary sale reminded everyone just how strong the upper end of our market remains.
The standout transaction was the closing of 272 Carnegie Harbor Drive within the Aquidneck Club in Portsmouth, which sold for $6,600,000. According to Multiple Listing Service data, this marks the second highest residential sale ever recorded in Portsmouth and the highest since 2023. A significant milestone for the town and local luxury market.
The waterfront estate offers nearly 10,000 total square feet of living space, five bedrooms, ten bathrooms, dramatic two story windows with west facing water views, and a seamless indoor outdoor layout. With resort level amenities including an infinity pool and access to golf, marina, equestrian, and tennis facilities, it represents the type of lifestyle property that continues to draw serious buyers to Aquidneck Island. Even in a quieter winter market, high quality waterfront homes remain highly desirable.
While that sale captured headlines, three additional recent closings highlight the depth and range of activity across the island.
In Middletown, 222 Peckham Avenue sold for $700,000. The small two bedroom home proves that strong locations continue to move quickly when priced correctly and when future opportunity is considered with cost of acquisition.
Also in Middletown, 119 Corey Lane closed at $615,000. The two bedroom townhouse in Whitehall Farms with two full baths and one half bath spent just under 4 months on market before finding the right buyer.
In Tiverton, 50 Steven Street sold for $503,000. The three bedroom, two bath ranch offered the single level living that so many downsizing buyers are actively seeking.
From a $503,000 ranch to a $6.6 million waterfront estate, this week’s activity is a reminder that our market operates at multiple speeds. Luxury buyers remain engaged. Entry and mid level homes continue to attract attention when positioned properly, especially since inventory in this price point is so few and far between. And even during winter weather and shifting conditions, meaningful transactions are still happening (albeit very slow last week)
If you are considering a move in 2026, preparation is key. Timing, pricing strategy, and presentation matter more than ever. I am currently taking on new clients and welcome the opportunity to connect and see if we are a good fit. You can contact me directly at 401-241-1851 or tylerb@resultswithremax.com for a confidential consultation at any time.
Here’s a look at What Sold last week in Newport County.
222 Peckham Avenue, Middletown. Sold Price: $700,000
2 beds | 1 bath | 952 SF. 32 days on market
119 Corey Lane, Middletown. Sold Price: $615,000
2 beds | 2 full baths | 1 half bath | 1,412 SF. 111 days on market
272 Carnegie Harbor Drive, Portsmouth. Sold Price: $6,600,000
5 beds | 7 full baths | 3 half baths | 8,088 SF. 182 days on market
50 Steven Street, Tiverton. Ranch. Sold Price: $503,000
3 beds | 2 baths | 1,300 SF. 80 days on market
