Back 1503/1 Tower Drive
Off Market

1503/1 Tower Drive

Newport County RI 02871

3
4
2
1920 sq. ft.
Condo
Last sold for $1,300,000
Jesse RossJesse Ross, last sold this property on 10 November 2026 after 66 days on market.

Overview

Welcome to Unit 1503 at Carnegie Tower, where sophisticated coastal living meets breathtaking, unobstructed views of Narragansett Bay, the Mount Hope Bridge, and Prudence Island. This exceptional 1,920-square-foot, three-bedroom, 3.5-bath townhouse-style condominium features an open, light-filled layout with spectacular water views throughout. The main living level is designed for entertaining and comfortable everyday living, with a spacious living room featuring a gas fireplace, dining area, high-end kitchen, dramatic double-height ceilings, and private balcony overlooking the bay. A guest powder room and generously sized first-floor primary suite with en-suite bath complete this level. Upstairs are two additional bedrooms, each with its own en-suite bath, and this floor is also accessible by elevator. The residence includes one deeded covered parking space, one deeded uncovered garage space, and a coveted private deeded storage room. Freshly painted throughout, the condo also features automatic window shades. Carnegie Tower is a gated community offering security and concierge services, along with a heated Olympic-size outdoor lap pool, hot tub, fitness center, and conference room. Membership opportunities at The Aquidneck Club are available, offering access to golf, tennis, marina, and equestrian facilities. Currently leased through June 20, 2027, Unit 1503 presents an exceptional opportunity for an investor or buyer planning for future use.

Features

3 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
1920 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Newport County over the last 12 months, the estimated median property value of 1503/1 Tower Drive is $1.14m.

Median value
$1.14m
Estimated value range
$490k - $2.4m
Median days on market
65
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Newport County. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1503/1 Tower Drive

2026
Sold
$1,300,000
10 Nov 2026 by Jesse Ross, of Hogan Associates
2026
Rented
Undisclosed
20 Apr 2026 by Hogan Associates
2025
Rented
Undisclosed
29 Mar 2025 by Hogan Associates

Happy sellers in Newport County

~%

We have insufficient information to provide an overview of customer satisfaction for Newport County. Viewing the agent profiles, reviews and sales for Newport County can provide insights for this location.

Local market activity for 3 bedroom condos in Newport County

In the last 12 months, 7 three-bedroom condos similar to 1503/1 Tower Drive, have been sold.

This represents a 47% increase in three-bedroom condos sales when compared to the previous 12 months.

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