Condominium at 1314 Capella South UNIT 1314, Newport
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$999,990

1314 Capella South UNIT 1314
Newport, RI 02840
Listed by The Hometown Experts Team
Bedrooms
2
Bathrooms
2
Living area
1,129 sqft
Year built
1979

About this home

INCREDIBLE PRICE FOR WATERFRONT CONDO LIVING! A slice of HEAVEN overlooking Newport Harbor. Perched on the 3rd flr of the sought-after Goat Island community, this fabulous 2-bedrm, 2-full-bath condo offers an incredible front-row seat to Newport’s ever-changing waterfront. Full water views from every window! Watch sailboats glide by, catch spectacular sunsets from your private deck, & soak up the sights & sounds of harbor life—including the music drifting over from Fort Adams during Newport’s famous Jazz & Folk Festivals. Inside, the light, beach-inspired décor creates a coastal vibe. Updated cream kitchen opens to the living space, where newer triple sliders frame the harbor views. A gas fireplace adds a cozy touch for those cooler coastal evenings. Three mini-split units provide efficient heating and air conditioning. IN-UNIT full-size washer & dryer. Two comfortable bedrms & 2 full baths offer space for guests or year-round living. Elevator. Security gate entry & PLENTY of parking. Resort-like feel with inground pool, tennis court, and furnished gazebos over the water. Easy stroll to the restaurants, marina, and activities at Newport Harbor Island Resort, or cross the little bridge and find yourself right in the heart of downtown Newport's Brick Market area, shops, restaurants, waterfront fun, and nightlife all within easy reach. Waterfront views. Coastal charm. Newport at your doorstep. Welcome to PARADISE! Call for Appt so we can arrange with security. See you soon!

Highlights

WaterfrontFireplace

Property details

MLS #
1425367
Property type
Condominium
Subdivision
Goat Island
Status
Active
Days on market
N/A
On market date
October 7, 2026
Stories
4
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
24.1123 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Claiborne Pell Elementary
1.9 mi away · Grades -1-4
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
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Frank E. Thompson Middle
0.93 mi away · Grades 5-8
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
565
Student:teacher ratio
9.7:1
District
Newport
High
Newport Area Career Tech Ctr
1.31 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
District
Newport

Walkability

Blended score for Newport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

60
Walkable
out of 100
EPA National Walkability Index
8.7 / 20 -- Below average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores3
Parks20
Schools3
Transit stops18
Pharmacies0

Market position

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

On the market 0 days -- 78 fewer days than Newport's current average of 78 days.
For reference, the median list price across 763 active listings in Newport right now is $5,000.

Mortgage calculator

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

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Est. monthly payment
$6,172/mo
$199,998 down
$799,992 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 21 hr 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.