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Former Club Wyndham Newport Overlook 150 Bay View Dr 20 Room Hotel Jamestown, RI 02835 For Sale
Investment Highlights
- Delivered fee simple and free of Club Wyndham affiliation or management
- Each unit includes one garage, spacious floor plans & panoramic water views
- Three buildings with 19 two-bedroom units across 4.08± acres
- Ideal for condominium sell-out or short-term rental redevelopment
Executive Summary
Following coordination with individual homeowners’ associations, this asset, formerly operated as Club Wyndham Newport Overlook, will be offered for sale through Hilco Global.
Located in Jamestown, Rhode Island, on Bay View Drive, this property is comprised of 19 two-bedroom residences, averaging 1,200± SF each and a total of 22,800± SF of NRA on 4.08± AC. The units are characterized by spacious floor plans, private entries and panoramic water views providing opportunities for conversion into a luxury condominium or vacation rental community. Approximately two miles from the Claiborne Pell Bridge and downtown Newport, the property benefits from access to one of New England’s strongest tourism and second-home markets, offering flexibility for investors evaluating multiple exit strategies, including condominium conversion, market rent housing or short-term rental operations.
Jamestown is an upscale coastal community on Conanicut Island in Narragansett Bay, directly connected to Newport via the Claiborne Pell Bridge. Known for its scenic coastline, boating culture, and preserved village character, the area attracts affluent second-home owners and leisure travelers seeking a quieter alternative to Newport. With limited new development and strong year-round housing stability, Jamestown remains one of Rhode Island’s most desirable and supply-constrained waterfront markets.
Offers are due by July 22. On-site inspections will be held on June 4, 18 & July 9, by appointment only.
Hilco Global is accepting offers of Newport Overlook in its entirety. Concurrently, SERHANT has been engaged to market individual condominium units within the property.
Prospective buyers interested in acquiring individual units should contact Hillary Olinger at (401) 225-1705 and hillaryolinger@serhant.com, or Dominique Frazier at (781) 330-1122 and dominique.frazier@serhant.com.
Subject to approval by U.S. Bankruptcy Court District of Rhode Island Case No. 25-11000 (JAD) In re: Newport Overlook Association, Inc.
Located in Jamestown, Rhode Island, on Bay View Drive, this property is comprised of 19 two-bedroom residences, averaging 1,200± SF each and a total of 22,800± SF of NRA on 4.08± AC. The units are characterized by spacious floor plans, private entries and panoramic water views providing opportunities for conversion into a luxury condominium or vacation rental community. Approximately two miles from the Claiborne Pell Bridge and downtown Newport, the property benefits from access to one of New England’s strongest tourism and second-home markets, offering flexibility for investors evaluating multiple exit strategies, including condominium conversion, market rent housing or short-term rental operations.
Jamestown is an upscale coastal community on Conanicut Island in Narragansett Bay, directly connected to Newport via the Claiborne Pell Bridge. Known for its scenic coastline, boating culture, and preserved village character, the area attracts affluent second-home owners and leisure travelers seeking a quieter alternative to Newport. With limited new development and strong year-round housing stability, Jamestown remains one of Rhode Island’s most desirable and supply-constrained waterfront markets.
Offers are due by July 22. On-site inspections will be held on June 4, 18 & July 9, by appointment only.
Hilco Global is accepting offers of Newport Overlook in its entirety. Concurrently, SERHANT has been engaged to market individual condominium units within the property.
Prospective buyers interested in acquiring individual units should contact Hillary Olinger at (401) 225-1705 and hillaryolinger@serhant.com, or Dominique Frazier at (781) 330-1122 and dominique.frazier@serhant.com.
Subject to approval by U.S. Bankruptcy Court District of Rhode Island Case No. 25-11000 (JAD) In re: Newport Overlook Association, Inc.
Property Facts
Amenities
- Balcony
- Pool
- Time Share
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 20 | $218.80 CAD | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | JAME-000007-000000-000066 | Improvements Assessment | $2,098,660 CAD |
| Land Assessment | $6,363,682 CAD | Total Assessment | $8,462,342 CAD |
Property Taxes
Parcel Number
JAME-000007-000000-000066
Land Assessment
$6,363,682 CAD
Improvements Assessment
$2,098,660 CAD
Total Assessment
$8,462,342 CAD
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Former Club Wyndham Newport Overlook | 150 Bay View Dr
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