A single-level estate at 38 Newton Avenue in Narragansett has sold for $6,595,000, making it the highest-priced non-waterfront home sale ever recorded in the town. The property never touches the water, yet it fetched a sum that outpaces nearly every house that has.
According to Newport Buzz, the sale ranked as the third-highest residential transaction in Narragansett so far in 2026, and the record status is attributed to Multiple Listing Service data cited by Mott & Chace Sotheby's International Realty. Set on nearly an acre of landscaped grounds, the single-level home was offered for sale for the first time, giving buyers a shot at a property that had never previously changed hands on the open market.
What the house lacks in direct shoreline, it makes up for in sightlines. The residence commands panoramic Atlantic views stretching from Beavertail Lighthouse to Newport Harbor and the Claiborne Pell Bridge, the outlet's report notes, and the grounds include a heated swimming pool, spa and expansive entertaining areas built for taking in that scenery.
Who Brokered the Record-Setting Deal
The sellers were represented by the Soby-Roberts Team of Mott & Chace Sotheby's International Realty, while Alex Appolonia of Carty Realty represented the buyers. The Soby-Roberts Team said the home called for thoughtful understanding of its exceptional qualities and that representing the sellers was a privilege, adding that the sale marked a significant moment in Narragansett's market.
The same brokerage has now represented clients in two of Narragansett's three highest-priced transactions of 2026, a track record that speaks to how concentrated the town's high-end deal flow has become this year. The 38 Newton Avenue sale, per the report, underscores the premium buyers are willing to pay for privacy, architectural refinement and sweeping ocean views even without direct waterfront frontage.
A Seller's Market Up and Down the Coast
The deal lands amid a broader run of eye-popping Narragansett sales in 2026. A waterfront home at 135 Cliff Drive recently sold for $7.5 million, marking the highest-recorded sale in the town's Anawan Cliffs neighborhood and its fourth-highest residential sale ever, according to Providence Business News, which cited Mott & Chace Sotheby's International Realty and Rhode Island Statewide Multiple Listing Service records. That four-bedroom property spans roughly two acres and about 8,200 square feet, and Narragansett assessors had valued it at $7.32 million for the 2025 tax year.
A separate beachfront home in town sold for more than $6 million, landing as Narragansett's second-highest sale ever, per Lila Delman Compass, which credited Melanie Delman and Stella Fitzsimmons with facilitating that sale. Meanwhile, the historic Reading Room at 41 Ocean Road hit the market for the first time in 55 years, listed at $9.75 million after the asking price was trimmed down from its original June figure of $10,950,000, as reported by the Boston Globe. That five-bedroom, four-bathroom house remains on the market.
Inventory Tight, Prices Climbing Townwide
The numbers back up what these headline sales suggest. Narragansett had just 55 active listings in September, with seven of those already under agreement, and only 16 sales townwide were pending closing, according to a market update from rihousehunt.com. Twenty single-family homes sold in the town that month alone.
The same report pegged Narragansett's absorption rate at 2.8 months of inventory, a hallmark of a seller's market, with coastal-priced home sales running 20% ahead of 2025's pace so far this year. The median above-ground price per square foot for homes sold in 2026 stands at $618, with an average of $695, while the median single-family sale price is up 2% compared with the same period last year. Against that backdrop, a $6.595 million sale for a house with no waterfront at all starts to look less like an outlier and more like where Narragansett's market is heading.
