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.
For sale
$739,000
1503 Capella St S #1503, Newport, RI 02840
1beds
760sqft
Est.:
Condominium
Built in 1979
-- sqft lot
$-- Zestimate®
$972/sqft
$548/mo HOA
What's special
Heated waterfront poolTennis pickleball basketball courtsTongue-and-groove ceilingsRich teak flooringTop-of-the-line stainless steel appliancesExpansive windowsCustom cabinetry
- 1 day
- on Zillow |
- 324 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: 19 hours ago
Listed by:
The Dowd Team 401-864-4488,
Keller Williams Coastal
Source: StateWide MLS RI,MLS#: 1387636

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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
Video & virtual tour
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
- 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: $972/sqft
- Annual tax amount: $4,799
- Date on market: 6/19/2025
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