Portsmouth Homes under $1 million

Portsmouth Homes under $1 million

Welcome to Portsmouth, Rhode Island, a picturesque coastal town nestled in the heart of Newport County. Known for its stunning waterfront views, rich history, and vibrant community, Portsmouth offers a unique blend of charm and modern living. With its proximity to the beautiful shores of Narragansett Bay, outdoor enthusiasts will find a plethora of activities, from sailing and fishing to hiking along scenic trails.

Portsmouth boasts an array of homes that cater to diverse lifestyles, and the best part? Many of these delightful residences are available for under $1 million. Whether you’re looking for a cozy cottage, a spacious family home, or a contemporary retreat, you’ll discover options that fit your budget without compromising on quality.

The town is renowned for its excellent schools, making it an ideal place for families. Additionally, Portsmouth is home to several parks and recreational facilities, ensuring that residents can enjoy an active lifestyle. The local community is warm and welcoming, with annual events and farmers' markets that bring neighbors together.

For those who appreciate history, Portsmouth is rich with heritage, featuring landmarks like the Portsmouth Abbey and the historic sites of the American Revolution. With its blend of natural beauty, community spirit, and affordable real estate options, Portsmouth stands out as a hidden gem in Rhode Island.

Explore the possibilities of calling Portsmouth home and discover how you can enjoy the best of coastal living—all within an inviting budget! Your dream home awaits in this charming town.

Newest Portsmouth Homes under $1 million

102 Cottage Avenue, Portsmouth
$559,000
3 Beds ⋅ 2 Baths ⋅ 1428196 MLS
WELCOME HOME TO ISLAND PARK AND THIS CHARMING COASTAL COTTAGE ON A DOUBLE LOT AND 3 BLOCKS FROM THE BEACH! This 3 bedroom 2 bath home offers an inviting, rambling screened porch which is perfect for just relaxing or entertaining guests. Step out to the beautifully shaded, fenced yard with patio for summer barbecues. Gather around the fire pit with friends and your favorite drink! The living room with parquet flooring features a cozy, stone faced gas fireplace to take the chill off cold, wintry weather. The flexible 1st floor bedroom with full bath is enhanced by a new ceramic tile floor and a separate entrance which can also be used as an office, bunk room for kids/teens or for an elderly parent. This is the only room with electric heat! There is a 2nd full bathroom on the main level with wainscoting and beachy tile floor. The main level laundry room/pantry has a newer washer and dryer. 2 bedrooms with carpeting are located on the 2nd floor. The roof is only 1 year old. The low maintenance, vinyl siding shingles give this cottage a wonderful Victorian curb appeal. The expansive grounds are enhanced by the beautifully crafted wrought iron fencing behind the 4-5 car parking area. There is a new 10' x 12' hand built cedar shed for ample storage. Flood Insurance is required. Currently the seller pays $464.00 yearly. Built in 1912, this historic home has survived many hurricanes! If you have been dreaming of a coastal lifestyle, make this your year around home or weekend retreat!

102 Cottage Avenue, Portsmouth
17 Cornell Drive, Portsmouth
$699,900
2 Beds ⋅ 2 Baths ⋅ 1428393 MLS ⋅ Oakland Farm I BLDG.
This stunning two-bedroom, two-bath condo in desirable Oakland Farms is bright, welcoming, and beautifully decorated in classic shades of deep blue and crisp white, creating a warm and inviting atmosphere throughout. Meticulously maintained and thoughtfully updated, this home offers a wonderful blend of timeless style and modern comfort. Enjoy an impressive list of recent upgrades, including a new kitchen, bathrooms, flooring, windows, sliders, deck, and more! Located within historic Oakland Farms, you'll enjoy the beauty of the surrounding natural landscape, with access to scenic Aquidneck Land Trust trails and the added charm of being directly across from the Newport Polo fields. A special opportunity to enjoy carefree condominium living in one of Portsmouth's most desirable settings!

17 Cornell Drive, Portsmouth
37 Prudence View Drive, Portsmouth
$749,000
4 Beds ⋅ 3 Baths ⋅ 1428361 MLS
Welcome to 37 Prudence View Drive, ideally situated on a generous, level lot in Portsmouth's desirable Hilltop neighborhood. Offering four spacious bedrooms and three full baths, this home combines comfortable living spaces with wonderful indoor-outdoor enjoyment. The eat-in kitchen provides plenty of room for everyday dining, while the living room offers a welcoming place to relax and gather. Sliders off the dining room open to a deck where you can enjoy lovely sunset skies and peekaboo views of upper Narragansett Bay. Newly renovated bathrooms add a fresh, updated touch throughout. The walkout lower level expands the living space with a bedroom, full bath, laundry room and a comfortable family room featuring a classic brick fireplace and direct access to the rear yard. Outside, enjoy the above-ground pool and ample room to entertain, play, or simply unwind. An integral two-car garage adds convenience and additional storage. With its desirable neighborhood setting, spacious bedrooms, generous outdoor space, and glimpses of the Bay, this property offers a wonderful opportunity to enjoy all that Portsmouth living has to offer.

37 Prudence View Drive, Portsmouth
25 Bunker Hill Crossing, Portsmouth
$849,000
3 Beds ⋅ 3 Baths ⋅ 1428028 MLS
This new home build in Prescott Point will be move in ready for Sept/Oct 2026. Choose some finishes and upgrades. 3 bedrooms, 2.5 baths. Welcome to Prescott Point- Portsmouth, Rhode Island's premier residential community. Situated on 106 scenic acres, Prescott Point offers you the opportunity to own a brand new home that features all the conveniences of urban living surrounded with the intrinsic beauty of coastal New England. Water views, Bay breezes and spectacular sunsets are some of the many appealing qualities that grant acclaim to the Prescott Point neighborhood. Prescott Point's proximity to historic Newport, Providence and T.F. Green Airport place it in the heart of the region's cultural, business and leisure centers make this a great summer escape or full time residence. Enjoy all that Prescott Point has to offer. The heated pool and pickle ball courts add to the appeal of this neighborhood. Come see what we have to offer. Perfect for year round living or a quaint coastal second home. Choose your finishes and upgrades. This home has a ground floor master with ensuite, fantastic views from the master bedroom, deck and kitchen. This single family home on a land unit is the perfect combination to allow for some amenities while keeping HOA fees minimal. Great walk out basement perfect for a future basement expansion.

25 Bunker Hill Crossing, Portsmouth
116 Rolling Hill Road Unit F6, Portsmouth
$519,000
2 Beds ⋅ 3 Baths ⋅ 1428109 MLS ⋅ Bay View Townhouses BLDG.
Set on 20 acres of well-maintained wooded grounds, this meticulously maintained elegant two-bedroom, two-and-a-half-bath townhome offers a private patio, seasonal water views, and plenty of opportunities to spot wildlife. On the main level, an updated kitchen with an island opens to the living room, where a gas-burning fireplace adds warmth and comfort. The living room opens to your private patio with a rolling back yard, the perfect spot to enjoy your morning coffee and a good book. A half bath and direct garage access are conveniently located off the foyer. Upstairs, both bedrooms have private baths. The guest bath includes a stacked LG washer and dryer, while the primary suite features marble flooring and a walk-in marble shower. The primary bedroom opens onto a balcony with recently replaced decking, a lovely spot to catch a breeze and enjoy seasonal water views. A spiral staircase leads to a bright loft office with skylights and built-in shelving. Recent updates include a roof replacement in 2025, a newer furnace, and a newer hot water tank. The association plans to replace and enlarge balconies and install vinyl siding over the next 5 years. Pets are welcome, and an optional seasonal pool and bocce ball pass is available for an additional fee. Some of the photos have been digitally enhanced.

116 Rolling Hill Road Unit F6, Portsmouth
40 Bunker Hill Crossing, Portsmouth
$799,000
3 Beds ⋅ 3 Baths ⋅ 1427790 MLS
This new home build in Prescott Point will be move in ready for November 2026. 3 bedrooms, 2.5 baths. Welcome to Prescott Point- Portsmouth, Rhode Island's premier residential community. Situated on 106 scenic acres, Prescott Point offers you the opportunity to own a brand new home that features all the conveniences of urban living surrounded with the intrinsic beauty of coastal New England. Water views, Bay breezes and spectacular sunsets are some of the many appealing qualities that grant acclaim to the Prescott Point neighborhood. Prescott Point's proximity to historic Newport, Providence and T.F. Green Airport place it in the heart of the region's cultural, business and leisure centers make this a great summer escape or full time residence. Enjoy all that Prescott Point has to offer. The heated pool and pickle ball courts add to the appeal of this neighborhood. Come see what we have to offer. Perfect for year round living or a quaint coastal second home. Choose some finishes and upgrades. This home has a ground floor master with ensuite, fantastic views from the master bedroom, deck and kitchen. This single family home on a land unit is the perfect combination to allow for some amenities while keeping HOA fees minimal.

40 Bunker Hill Crossing, Portsmouth
58 Islington Avenue, Portsmouth
$519,000
3 Beds ⋅ 1 Baths ⋅ 1427570 MLS
Beach days and neighborhood fun await in this inviting Common Fence Point ranch! This freshly painted three-bedroom home offers single level living, an updated kitchen and hardwood floors throughout the main level. This oversized lot provides room to grow! A fenced-in yard is ideal for gardening, entertaining and play, especially after a day by the water. The partially finished lower level offers flexible space for a home office or recreation room, along with ample basement storage. Enjoy neighborhood water access and a playground just around the corner, nearby marina access, and a community center with a calendar full of events. Conveniently located near Montaup Country Club, with easy access to Naval Station Newport, downtown Bristol and Route 24, this inviting home puts the best of coastal Portsmouth within reach. Bonus: *2.25% Assumable VA Loan for Qualified Buyers*

58 Islington Avenue, Portsmouth
140 Dexter Street, Portsmouth
$799,900
3 Beds ⋅ 2 Baths ⋅ 1427403 MLS
Welcome to 140 Dexter Street Comfort, Charm & Convenience! Discover this beautifully maintained 3-bedroom, 2-bathroom ranch-style home, offering the perfect combination of comfort, functionality, and inviting living spaces. From the moment you arrive, you'll appreciate the beautifully landscaped grounds and desirable corner-lot setting. Step inside to find a warm and welcoming interior designed for everyday living and effortless entertaining. The finished lower level provides valuable additional living space, complete with convenient interior and garage access ideal for a family room, home office, recreation area, or flexible living needs. Enjoy the added peace of mind of a whole-house generator and updated electrical systems, providing modern convenience and reliability. One of the home's standout features is the charming three-season sunroom, a wonderful retreat for relaxing, enjoying your morning coffee, or gathering with family and friends. Step directly onto the low-maintenance deck, perfect for outdoor dining, entertaining, or simply unwinding. The fenced-in backyard with an outdoor kitchen, offers a private setting for outdoor enjoyment, while the thoughtfully maintained landscaping enhances the home's curb appeal.

140 Dexter Street, Portsmouth
570 Middle Road, Portsmouth
$790,000
3 Beds ⋅ 2 Baths ⋅ 1427404 MLS
Thoughtfully improved and ready to welcome its next owners, this Portsmouth home offers a wonderful blend of comfort, convenience, and versatility. Featuring 3 bedrooms and 2 full bathrooms, inviting living spaces and an impressive collection of updates. The kitchen was opened up and renovated to create a more modern and connected feel. While recessed lighting, updated windows, and refreshed interior finishes add to the appeal. Significant improvements include a newer heating system and central air conditioning, updated electrical and plumbing, new siding and front entrance, new landscaping, and a brand-new shed. The roof and septic system were updated in 2017. The lower level offers an additional room, bathroom, laundry and also adds a fun and unexpected element with its own home theater, creating the ultimate spot for relaxing and entertaining. All of this in a desirable Portsmouth location, with the convenience of a two-car garage and plenty of improvements already taken care of. You'll be ready to move right in!

570 Middle Road, Portsmouth
70 Carter Drive, Portsmouth
$825,000
3 Beds ⋅ 1 Baths ⋅ 1427050 MLS
Looking for an updated one level home on a quiet dead-end street, off of the Islands most picturesque country road, close to the beaches? 70 Carter offers the perfect blend of modern updates, comfortable one-level living, and an exceptional location. Tucked away, just off Wapping Road, this 3-bedroom ranch sits on a flat, half-acre lot surrounded by mature trees and established plantings. Inside, the home has been thoughtfully updated with brand-new flooring, a thoughtful new kitchen and bathroom, and a brand-new HVAC system for year-round comfort. The entryway offers vaulted ceilings and sliding glass doors to create an airy, open feel, versatile for your dining area, bonus room, or mudroom, overlooking your spacious backyard that offers endless possibilities for entertaining, gardening, or simply enjoying the outdoors. The basement offers a brand new washer and dryer, tall ceilings, and several windows, perfect to finish if desired. This home is complete with a 2 car garage! Its location is truly hard to beat. Just a stone's throw from the Sakonnet Greenway Trail, Rocky Brook Orchard, and Greenvale Vineyard, and offers easy access to some of the area's most beloved outdoor destinations. Enjoy the convenience of reaching Portsmouth and Middletown's beautiful beaches within 5 minutes, including Sandy Point, Second Beach, and Third Beach, as well as downtown Newport. Come see this turn key property today!

70 Carter Drive, Portsmouth
280 Jepson Lane, Portsmouth
$675,000
3 Beds ⋅ 2 Baths ⋅ 1426814 MLS
Set on one acre along scenic Jepson Lane, this Portsmouth property offers views of Sisson Pond and the country character of Aquidneck Island, with convenient access to Newport, local beaches, shopping, and dining. The generous lot provides space to enjoy the outdoors, while the home presents an opportunity to update and make it your own. Offered as is and in need of repairs, 280 Jepson Lane invites buyers to bring their vision to an appealing Portsmouth setting.

280 Jepson Lane, Portsmouth
47 Cedar Avenue, Portsmouth
$779,900
3 Beds ⋅ 1 Baths ⋅ 1426820 MLS
Experience coastal living in this beautifully refreshed waterfront residence in Portsmouth, Rhode Island. Overlooking the tranquil waters of Blue Bill Cove, this three bedroom home offers direct access to a lifestyle filled with kayaking, paddleboarding, and peaceful moments enjoyed from your private deck. The interior has been thoughtfully renovated to suit today's standards, showcasing a new kitchen outfitted with stainless steel appliances and durable luxury vinyl plank flooring throughout. Located in the desirable Island Park neighborhood, the home is just a short walk to beloved local destinations including Blue Anchor Grill, Tremblay's, and Flo's Clam Shack. Ideal as a year-round residence, vacation getaway, or income producing property, presents a rare opportunity to enjoy waterfront living in one of Rhode Island's most charming coastal communities.

47 Cedar Avenue, Portsmouth
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