Ad #7890801
MLS #1415439
Nestled in the corner of Newport Harbor, the Wellington Resort
551 Thames St H3, H4, H5, Newport, RI 02840
$55,000,000
--Beds
--Baths
89,653Sqft
5.27Acres
About this property
Nestled in the corner of Newport Harbor, the Wellington Resort presents one of the city's most significant waterfront investment opportunities. Spanning 5.27 acres in an exceptional harborfront setting, the property combines premier coastal real estate with excellent redevelopment and value-enhancement potential. The unique positioning of the property offers panoramic views of the harbor, Goat Island, the Newport Bridge, and beyond. The location is just steps from Newport's renowned waterfront attractions further distinguishing this landmark asset. The resort currently features 52 spacious, two-bedroom suites each with water views spanning four buildings, complemented by a full suite of resort-style amenities, including indoor and outdoor swimming pools, tennis courts, a fitness center, and 208 on-site parking spaces. Adding to its unique appeal, Newport zoning approved a modification to the existing Special Use Permit, allowing the conversion of the current 52-unit transient guest facility into 152 one-bedroom hotel units. This entitlement creates a rare opportunity to significantly increase density and unlock future development potential in one of Newport's most coveted waterfront locations.
Property Features
0 Beds
0 Baths
89,653 Sqft
Built in 1985
5.27 Acres
3 Stories
On Beachfront
Siding: Masonry
Central
$175,859 / yr property tax
Newport County
Wellington Community
Additional Photos
Contact Information
Mike Sweeney
Gustave White Sotheby's International Realty
401-849-3000
Location
Listing Agent: Mike Sweeney 401-849-3000
Broker: Gustave White Sotheby's International Realty 401-849-3000 Listing Site
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Gustave White Sotheby's International Realty 401-849-3000 Listing Site
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$55,000,000
--
Beds
--
Baths
89,653
Sqft
551 Thames St H3, H4, H5, Newport, RI 02840
By contacting this agent you agree to these Terms and Conditions.
MLS# 1415439
Nestled in the corner of Newport Harbor, the Wellington Resort
$55,000,000
551 Thames St H3, H4, H5, Newport, RI 02840
--
Beds
--
Baths
89,653
Sqft
5.27
Acres
$55,000,000
551 Thames St H3, H4, H5, Newport, RI 02840
-- Beds
-- Baths
89,653 Sqft
5.27 Acres
Nestled in the corner of Newport Harbor, the Wellington Resort presents one of the city's most significant waterfront investment opportunities. Spanning 5.27 acres in an exceptional harborfront setting, the property combines premier coastal real estate with excellent redevelopment and value-enhancement potential. The unique positioning of the property offers panoramic views of the harbor, Goat Island, the Newport Bridge, and beyond. The location is just steps from Newport's renowned waterfront attractions further distinguishing this landmark asset. The resort currently features 52 spacious, two-bedroom suites each with water views spanning four buildings, complemented by a full suite of resort-style amenities, including indoor and outdoor swimming pools, tennis courts, a fitness center, and 208 on-site parking spaces. Adding to its unique appeal, Newport zoning approved a modification to the existing Special Use Permit, allowing the conversion of the current 52-unit transient guest facility into 152 one-bedroom hotel units. This entitlement creates a rare opportunity to significantly increase density and unlock future development potential in one of Newport's most coveted waterfront locations.
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Property Details
HOME DETAILS
0 Beds
0 Baths
89,653 Sqft
Built in 1985
5.27 Acres
3 Stories
BEACH & VIEW
On Beachfront
EXTERIOR
Siding: Masonry
INTERIOR
Central
FINANCIAL & COMMUNITY
$175,859 / yr property tax
Newport County
Wellington Community
See More Details
Location
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Ad Statistics
Ad Number
7890801
Viewed
0 time
Listing Status
Active
Added
Jun 16, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
State Wide MLS of Rhode Island, Inc.
Source Property ID
1415439
Listing Agent: Mike Sweeney 401-849-3000
Broker: Gustave White Sotheby's International Realty 401-849-3000 Listing Site
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Gustave White Sotheby's International Realty 401-849-3000 Listing Site
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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