Oldest Wooden Lighthouse in America Is for Sale in Poplar Point, R.I.

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By Erika Riggs

For many years, the Poplar Point lighthouse was the beacon guiding ships in Wickford Harbor, a protected inlet in Rhode Island's Narragansett Bay. Built in 1831, the structure -- listed as the oldest wooden lighthouse in America -- is left over from the era before satellites and GPS. And now, it's for sale for $6.45 million.

Because of the size of the harbor, Poplar Point lighthouse wasn't in service long. In 1882, the lighthouse was darkened and later sold at auction for $3,944.67 in 1894.

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When the lighthouse was first built, the caretaker's living area was a stone cottage, measuring just 40 by 20 feet. The home was slightly expanded in 1932, again in 1966, and when the current owners took over in 1987, they undertook the task of continuing to expand and renovate the entire property.

Today, the home in North Kingstown, R.I., is more than a stone caretaker's cottage: It's a full estate measuring 4,563 square feet with four bedrooms, 4.5 bathrooms, a detached guest house and garage. Although completely updated, the home still retains much of the original feel, says listing agent Judith Chase.

"It still has tons of the old charm and nautical detail of the old lighthouse," Chase explained.

Spanning 1.66 acres on a private peninsula, the home juts into the harbor with spectacular views of the bay.

"It's a beautiful front-row seat to everything that happens," Chase said.

The home's location in the picturesque town of Wickford only adds to the property's appeal.

Chase describes Wickford as a "darling Nantucket-type town," and the home is within walking distance of many of the town's charms.

According to Zillow's mortgage calculator, a monthly payment on the lighthouse would be $23,044, assuming a 20 percent down payment on a 30-year fixed mortgage.

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Private Islands of the Rich and Famous
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Oldest Wooden Lighthouse in America Is for Sale in Poplar Point, R.I.

Musha Cay is a 150-acre island in the Bahamas surrounded by smaller islands, which make this tropical spot even more private for the magician.

The Russian mogul bought St. Petersburg's New Holland Island in 2010. Abramovich is in the process of building a $400 million art museum there.

The late Greek shipping billionaire owned Skorpios Island, off the coast of Greece. It's still owned by his granddaughter, Athina.

The director/actor/producer purchased White Bay Cay in the Bahamas in 2009. He is building a 14,000-square-foot Balinese-style home with five or six guest bungalows on the 25-acre island.

The immensely popular singer recently listed her private island 15 minutes from Montreal for $29.3 million. On the island is a 24,000-square-foot mansion, complete with helipad. See more pictures of Celine's pad on AOL Real Estate.

Microsoft co-founder Paul Allen recently listed this 292-acre island off the coast of Washington for $13.5 million. While it lacks a sizable house, the island does come with a caretaker's cabin.

These billionaire British twin businessmen purchased Brecqhou, one of the Channel Islands, in 1993. The island features a mock-Gothic castle which has 3-foot granite walls, battlements, two swimming pools and a helicopter pad.

The telecom tycoon and his wife recently listed their 780-acre island off the coast of Vancouver for $75 million. It comes with a 5,000-square-foot main residence, a golf course and an airstrip.

The billionaire hedge fund manager owns a 3,000-acre wildlife preserve in Maryland, which includes this group of islands which supposedly spell out his initials. The "P" is on the lower right hand part of the image, and the T and J are above it.

In 1986, the Segway inventor purchased New York's North Dumpling Island for $2.5 million. Kamen claims that the island is completely carbon neutral, using solar panels on every building, along with a 10-kilowatt wind turbine. There's a Stirling engine generator for backup power, burning only local fuel.

Earlier this summer, the Oracle CEO and third-wealthiest American (worth $36.5 billion) purchased 98 percent of Hawaii's Lana'i island for an estimated $600 million. The pristine 141-square-mile island has 3,200 inhabitants.

In 2005, actor Mel Gibson purchased Fiji's Mago Island for $15 million. The island stretches for 5,400 acres, one of the largest privately-owned islands in the South Pacific.

"The Rebel Billionaire" purchased Necker Island, in the British Virgin Islands, for just $200,000 in 1979. He now operates the entire 74-acre island like a resort, which can accommodate up to 28 guests for $54,000 a day.

In 2004, actor Johnny Depp purchased Little Hall's Pond Cay in the Bahamas for $3.6 million dollars. The island is 45 acres and has six different beaches.

This billionaire hedge fund manager bought Robins Island, off the coast of New York's Long Island, for $11 million back in 1993. Bacon restored the mostly neglected isle, building several mansions on it and even importing full-grown oaks.

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