New England Waterfront Timeshare

I am selling my 1/4 share in this deeded waterfront timeshare at Wyndham Bay Voyage Inn on bucolic Conanicut Island. Jamestown is only a few minutes across the harbor from Newport, RI. A quarter share comes to 13 weeks a year, or every 4th week. Every 4th year, you get 14 weeks. The unit was redone in 2004 so the interior is new and up to date.

Second Home on the Water

This unit is much more like a second home than a timeshare. All of your weeks are in the same unit. It is in a small inn with only a little over 30 units where the staff can get to know you and greets you by name. Best of all, you don't have to do any of the work to keep it up.

Do you need to visit Newport monthly on business? I have traveled on business for many years and know how staying in large hotels like the Hyatt and Marriott can get tiresome. This friendly little inn could be just the place for you.

The island consists mostly of private homes and private multimillion dollar waterfront estates. There are only a few multi-unit buildings on the island. The unit is a short walk from the pier and the five block long, single street downtown area that has several fine restaurants. The island is joined to Newport by the Newport bridge, shown below, and to the rest of Rhode Island by the new Jamestown bridge.

Built in the mid 1800s

Once a private home, this Victorian-style resort was built in the mid-1800s and overlooks the beautiful Narragansett Bay in the quaint seaside town of Jamestown. With its Victorian elegance and character, this is a much sought-after destination by those looking for a stylish yet relaxing retreat. Romance abounds in the award-winning dining room, which is the perfect choice for dinner for two or Sunday brunch. For a little excitement, Newport is just over the bridge, and down on the bay, guests can rent private boats and fishing equipment for a day on the water. Land lovers will enjoy Jamestown's exhilarating bike and horse trails. And not far from the resort is Beavertail State Park, which is known for its beautiful vistas along the New England coastline

Go Sailing or Soak up the Sun
on your Private Waterfront Deck

This is one of the larger units. The deck that faces the water on two sides. You can see the view from our deck here. It would make a great getaway home without all of the maintenance hassle. Jamestown is on Conanicut Island, just across the bridge from famous Newport, RI so there is plenty to do day or night.

Newport is a one-of-a-kind place famous for the opulent summer mansions from the Gilded Age and for American's cup yacht racing. From the deck, you can watch the yachts, sailboats and cruise ships pass in front of you on Narragansett Bay. (Museum of Yacheting regatta schedule.)

Looking for a place between Boston and New York to moor your boat? Jamestown harbor may be the place for you.

Newport Things to Do

Things
To Do
Links

At the end of the 19th century, Newport, R.I., was the country's most fashionable summer resort. The very rich spent small fortunes constructing almost absurdly elegant homes some of which are now open for tours.

On the left: Wealthy industrialist Cornelius Vanderbilt II hired architect Richard Morris Hunt to build his lavish, 70-room Breakers Mansion which overlooks the Atlantic Ocean. It is named for the waves crashing into the rocks below the 13-acre estate.

Now Newport has plenty to do year around, including the spectacular Christmas decorations at the many mansions.

Trade Your Weeks

You don't see this kind of trading power very often. You have 13 weeks to trade for weeks in the US or all over the world.

These weeks trade through RCI or Interval International, which gives you access to resorts in the US, Europe, Asia, Hawaii, Africa, Australia, the Caribbean, Canada, or South America.

These include: Fiji, Tahiti, The Alps, Ireland, Italy, France, Portugal, Scotland, Spain, Turkey and Cyprus, Mexico, Brazil, Argentina, Chile, Uruguay, Australia, Egypt, Israel, China, Japan, Korea, India, Germany, Greece, Hungary, Finland, England, US, (Las Vegas, Colorado, Florida, Vermont etc.) and many, many more locations.

See the RCI resort directory at: http://www.rci.com.

Rent out your weeks

You can rent your weeks through the Inn, or yourself through a variety of online website. During the summer, the Inn rents the rooms for $320 a night on the weekend and $205 during the week. They keep 20% of the rate when they rent it for you.

Terms

Three thousand dollars earnest money is due with the sales contract. Balance is due at closing.

Closing will be done through Chicago Title

Maintenance fee is about $547 a month, or $505 for each of the 13 weeks. It is paid quarterly. Every 4th year you receive one week for free.

Real Estate Investors

We have been advised that the unit could qualify for a 1031 real estate tax exchange. This means that if you are reinvesting the profit from the sale of another income producing property, you may be able to avoid paying capital gains tax on that money. Talk to your tax advisor for specifics.

Contact Owner

To arrange a viewing call
860-885-0034
until 9 p.m. EST

or better yet, email us at

gwoerheide @ hotmail.com

(Just remove the spaces in the email address.
They are there to confuse spammers' automatic email harvesters.)

Sale price $41,900.
for 13+ weeks