Tucked at the end of a quiet cul-de-sac, this exceptional waterfront residence captures breathtaking panoramic water views from nearly every room. Whether you're looking for a year-round coastal home or the perfect summer getaway, this property offers an unmatched blend of comfort, privacy, and natural beauty.Adding to its charm is a picturesque babbling brook with a quaint bridge, creating a peaceful, park-like setting that is as unique as it is inviting. The home features 3+ bedrooms and 3 full baths, including a desirable first-floor primary suite. Spacious living areas are designed to maximize the stunning waterfront views, making every season a spectacular one. Enjoy the very best of coastal living with beach rights, two private moorings, and granite steps leading directly to the shoreline. Spend your days swimming, kayaking, paddleboarding, boating, or simply relaxing while taking in the ever-changing beauty of the Sakonnet River.Ideally located minutes from Newport
Single-familyProperty Type
1979Year Built
0.9 acresLot Size
$636Price/Sq.Ft.
2 garage spacesParking
Listed by Mary Jo Fidalgo-Tavares• Century 21 Topsail Realty
Listed by Mary Jo Fidalgo-Tavares• Century 21 Topsail Realty
South Portsmouth, located between Common Fence Point and Melville, is a coastal and residential Portsmouth neighborhood with salt-pond shorelines and winding lanes. The neighborhood’s character concentrates around the Melville Marina waterfront, where docks, chandlery counters, and low-key waterside patios set a working-harbor tone. Housing leans toward shingled capes, mid-century ranches, and newer waterfront builds tucked behind stone walls and beach grass. Aquidneck Island’s back roads and coves shape daily rhythms, with short hops to launches and shoreline walks. The Portsmouth Arts Guild and the historic Melville area add a cultural thread alongside the maritime scene.
Provided by Walk Score and Local Logic
Market insights
54 Oliver Hazard Perry Rd · $2,579,500
DAYS ON MARKET
72 days
The average home goes pending in 37 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
LIST PRICE
$2,579,500
Median sale price in this area is $850,151. (67% lower than this home)
PRICE DROP
0 price drops
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Storm doors
Partially finished basement with garage access
Fireplace (1)
Bedrooms
Primary bedroom on the first floor (approx. 16 x 16)
Second bedroom on the second floor (approx. 13 x 17)
Third bedroom on the second floor (approx. 16 x 12)
Bathrooms
2 full bathrooms
1 half bathroom
Kitchen
Range
Dishwasher
Refrigerator
Water heater
Laundry & utility
Washer and dryer included
Washer hookup
Flooring
Hardwood
Tile
Heating & cooling
Oil baseboard heating
Central air conditioning
Exterior features
Porch
Deck
Patio
Garden
Outdoor shower
Waterfront access with dock/mooring
Scenic ocean and river views
Located on a cul-de-sac with gentle slope and level areas
Public road frontage
Home design
Single family residence
Waterview property (ocean and river)
Above-grade and below-grade finished living space
Parking
Attached garage with 2 garage spaces
Garage faces side with garage door opener and workshop in garage
2 covered spaces
6 open parking spaces
Paved driveway
Parking under structure
Construction
Frame construction
Shingle roof
Concrete perimeter foundation
Built (year sourced from public records)
Utilities
Public water
Private sewer
Electric service with circuit breakers and 200+ amp service
HOA & community
Community amenities nearby include golf, conservation area, marina, schools, highway access and places of worship
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 54 Oliver Hazard Perry Rd
Sale History
Tax History
Date
Event
Price
RIS #1415518
Sep 4, 2026
Sold
$2,300,000
$567/sq ft
Aug 24, 2026
Pending
—
Aug 4, 2026
Contingent
—
Jun 16, 2026
Listed
$2,579,500
$636/sq ft
+23
Tucked away on a quiet cul-de-sac, this exceptional waterfront home offers sweeping, panoramic water views from nearly every room. Perfect as a summer retreat or year-round residence, the property blends comfort, space, and natural beauty in a truly special setting. A picturesque babbling brook with a charming bridge enhances the landscape, creating a peaceful, storybook backdrop and a rare natural feature to enjoy throughout the seasons. The home features 3+ bedrooms and 3 full baths, providing ample space for family and guests. A first-floor primary suite offers both convenience and privacy, while multiple living areas are thoughtfully positioned to capture the stunning waterfront views. Enjoy direct water access with beach rights, two moorings, and granite steps leading to the shoreline ideal for swimming, kayaking, paddleboarding, and boating. Take in the ever-changing coastal scenery, from serene sunrises to vibrant boating activity. Conveniently located just minutes from downtown Newport, area beaches, Newport Vineyards, and the International Polo Grounds, this property offers the best of Newport County living, along with access to Portsmouth's highly regarded school system. A rare opportunity to own a remarkable piece of the Sakonnet shoreline.
MLS PIN #73503545
Aug 5, 2026
Pending
—
Jul 9, 2026
Relisted
—
Jun 1, 2026
Listing Removed
—
Apr 17, 2026
Listed
$2,579,500
$636/sq ft
RIS #1409811
May 31, 2026
Listing Removed
—
May 18, 2026
Relisted
—
May 6, 2026
Contingent
—
Apr 17, 2026
Listed
$2,579,500
$636/sq ft
RIS #107464
Jul 31, 2001
Sold
$715,000
$176/sq ft
Jun 1, 2001
Listing Removed
—
May 20, 2001
Listed
$735,000
$181/sq ft
RIS #604280
Dec 5, 1996
Listing Removed
—
Mar 7, 1996
Listed
$475,000
$117/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,045 (+0.8%)
$1,006,100 + $428,000
$1,434,100
2024
$18,901 (+3.1%)
$1,006,100 + $428,000
$1,434,100
2023
$18,328 (+22.8%)
$1,006,100 + $428,000
$1,434,100
2022
$14,920 (+1.6%)
$647,500 + $311,400
$958,900
2021
$14,681 (+1.6%)
$647,500 + $311,400
$958,900
2020
$14,451 (+10.6%)
$647,500 + $311,400
$958,900
2019
$13,063 (+2.7%)
$485,100 + $311,400
$796,500
2018
$12,720 (+3.6%)
$485,100 + $311,400
$796,500
2017
$12,282 (−1.6%)
$485,100 + $311,400
$796,500
2016
$12,485 (+1.3%)
$454,800 + $325,500
$780,300
2015
$12,329
$454,800 + $325,500
$780,300
2014
$12,329 (−4.4%)
$454,800 + $325,500
$780,300
2013
$12,890 (+2.0%)
$569,800 + $317,300
$887,100
2012
$12,632
$569,800 + $317,300
$887,100
Public record
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.9 Acres
Year renovated
—
Finished Sq. Ft.
2,794
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,794
Year built
1979
Style
Single Family Residential
County
Newport County
APN
100982
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 93° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Portsmouth, RI • 02871
Average low and high temperatures (°F)
36
24
37
24
48
34
57
42
66
51
78
61
79
67
76
61
72
59
63
50
54
40
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 54 Oliver Hazard Perry Rd
$2,432,218
$147K under list price of $2.58M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $910K to $3.1M.