Condominium at 1 Tower Drive UNIT 1503, Portsmouth
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37 photos

$1,300,000

1 Tower Drive UNIT 1503
Portsmouth, RI 02871
Listed by Jesse Ross
Bedrooms
3
Bathrooms
3.5
Living area
1,920 sqft
Year built
2008

About this home

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.

Highlights

WaterfrontFireplace

Property details

MLS #
1422514
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
10
On market date
September 4, 2026
Stories
2
Total bathrooms
3.5
Garage spaces
2
Parking spaces
2
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Howard Hathaway School
1.31 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
416
Student:teacher ratio
15.4:1
District
Portsmouth
Middle
Portsmouth Middle School
4.29 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
635
Student:teacher ratio
12.2:1
District
Portsmouth
High
Portsmouth High School
1.09 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
824
Student:teacher ratio
11.8:1
District
Portsmouth

Walkability

Blended score for Portsmouth's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

63
Walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Nearby-amenity density
45 / 100
Restaurants & cafes0
Grocery stores0
Parks5
Schools5
Transit stops12
Pharmacies1

Market position

How this listing compares to current activity in Portsmouth, from live MLS data.

On the market 10 days -- 64 fewer days than Portsmouth's current average of 74 days.
For reference, the median list price across 238 active listings in Portsmouth right now is $699,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,979/mo
$260,000 down
$1,040,000 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 11 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.