Luxury Homes

See inside the most expensive home on the market in R.I.

Once a site for weddings, "Dragonline" sits on a famous point with unobstructed views of Newport Bridge all the way to Block Island and more.

The property hugs Bull Point in Jamestown, R.I. Image Ten Real Estate Photographers

June 11, 2024

“Dragonline” sits upon a Jamestown, R.I., point tied to a traitor.

“Originally, Bull Point, the site of Dragonline Studios, was part of a vast tract of land owned by Benedict Arnold, grandfather of the [Revolutionary War] traitor,” the studio’s event page reads. The main house is built on the foundation of a Queen Anne Victorian that once stood on the property, according to the site.

With its stunning location, it’s no wonder the site used to host weddings. At, $30,000,000, it’s the most expensive property on the market in Rhode Island. According to Zillow, the 14-bedroom mansion at 180 Narragansett Ave. in Newport comes in a distant second at $15,000,000. These tallies do not include off-market listings, which are not for public perusal.

Located on two buildable lots measuring 3.2 acres, 2 Fort Wetherill Road in Jamestown has a long driveway that connects to a circular driveway, where the 10-foot handcrafted Dutch doors of the main house greet you. The main house is composed of two attached buildings, and there’s also a cabin on the property — offering a total of 2,500 square feet of living space.

The main home was originally built as a studio and later became the artist’s residence. Inside, one big room is bathed in natural light from floor-to-ceiling windows and combines every aspect of the living space.

“His thought was that it was going to be kind of like a New York City-style loft,” said Deb Foppert of Jamestown Real Estate, who has the listing.

To your left is the kitchen area, with a Viking stove, an island, and plenty of counter space against a red tile backsplash. A corner dining area provides a sun-splashed spot to sip your morning coffee, while a sitting area with a wood stove is on the right. A staircase leads up to a bathroom, while a deck off the back of the home provides stunning views of the water.

More luxury homes

You need to take an exterior staircase to reach the second floor, which features a covered porch. The home offers more than 300 square feet of deck and porches. Inside, you’ll find a bright white open room with an illuminated glass floor, walls of windows, and a ceiling filled with skylights. Ceiling heights here extend to 16 feet.

Back in the main house, the lower level features a basement work area with a bathroom.

The second structure on the property is a studio/garage space, which comes with a room above it.

The property is listed on Zillow.com as a two-bedroom.

The home includes 1,008 square feet of unfinished basement area, which features the third bathroom. A new roof was installed in 2022, and the property has approval from the state for an eight-bedroom septic system.

The third structure on the property is a 289-square-foot one-room cabin, surrounded by cedar trees. Built in 1890, it’s located on a granite bluff facing the Atlantic Ocean. Inside, you’ll find a gas fireplace, a sleeping area, and a full bathroom. The cabin’s placement serves as a marker that leads down to a private cove.

A boat slip at Fort Wetherill Marina is included with this luxury listing.

“It’s an incredibly cool building, but it takes a certain style and aesthetic to appreciate it. If you’re looking for unique, you’ve found it,” Foppert said.

See more photos of the home: