On August 28, 1877, Pierre Lorillard IV paid $96,147 for 10 acres (480,736 square feet) on Ochre Point from Gov. William Beach Lawrence, through Alfred Smith.
Lawrence had originally acquired 60 acres for $12,000 in 1850 from Newport farmer George Armstrong.
 Lorillard, of the extremely wealthy Lorillard Tobacco Company family, named their most popular cigarette after the town, Newport.

Lorillard hired Peabody and Stearns who designed the residence in the Queen Anne style, construction began in 1877 and was completed in 1878 at a cost of $90,000.
 The landscaping was designed by Ernest Bowditch.
 The Breakers was notable for its high tower and steeply-gabled roof forms.
 During its construction, Peabody described the structure to the Newport Mercury as carrying "out fully the English design... The house throughout is furnished with heavy plate glass, and on the first floor the windows are all nearly French [doors]... When house and grounds are finished, the Lorillard estate will be among the most handsome of the multitude of handsome estates which Newport contains."

Upon its completion, the exterior of the home was described in The New York Times as follows:
It is eligibly situated on Ochre Point, and is 181 feet long, 84 feet wide and three stories high.
 The underpinning was Cape Ann granite and the exterior was Philadelphia brick, laid in red mortar, with trimmings of Nova Scotia and North River blue-stone.
The roof is gothic, and is indented with high peaks, gables and dormer windows.
At the side of the front entrance is a large octagonal brick tower, rising high above the roof, and surmounted by a gilded vane.
 The lookout at the top is reached by a spiral staircase.
On nearly all sides are broad piazzas with flooring of Philadelphia brick and tiles bordered with blue-stone.

Peabody and Stearns also designed a detached cottage that was built with the mansion in 1877 and used as a children's playhouse.
This building survived the 1892 fire and is still standing on the grounds of The Breakers.
It is open for tours on the grounds of the current mansion.
 In 1879, Lorillard purchased an additional three quarters of an acre (45,138 square feet) for $10,000 from Lawrence.
 Also in 1879, Lorillard helped found the Newport Casino.

The estate and partnership between Lorillard and Peabody and Stearns may have led Lorillard's cousin, philanthropist Catharine Lorillard Wolfe, to purchase the property next door to his and to hire Peabody and Stearns to build her Vinland estate in 1882.
The property acquired for $200,000, also from the estate of Gov. Lawrence, featured a Romanesque Revival style exterior consisting of red sandstone with Aesthetic Movement style elements.
 After her death in 1896, the estate was also sold to a Vanderbilt descendant, Florence Adele Vanderbilt Twombly and her husband, Hamilton McKown Twombly.
On August 28, 1877, Pierre Lorillard IV paid $96,147 for 10 acres (480,736 square feet) on Ochre Point from Gov. William Beach Lawrence, through Alfred Smith. Lawrence had originally acquired 60 acres for $12,000 in 1850 from Newport farmer George Armstrong.  Lorillard, of the extremely wealthy Lorillard Tobacco Company family, named their most popular cigarette after the town, Newport.
Lorillard hired Peabody and Stearns who designed the residence in the Queen Anne style, construction began in 1877 and was completed in 1878 at a cost of $90,000.  The landscaping was designed by Ernest Bowditch.  The Breakers was notable for its high tower and steeply-gabled roof forms.  During its construction, Peabody described the structure to the Newport Mercury as carrying "out fully the English design... The house throughout is furnished with heavy plate glass, and on the first floor the windows are all nearly French [doors]... When house and grounds are finished, the Lorillard estate will be among the most handsome of the multitude of handsome estates which Newport contains."
Upon its completion, the exterior of the home was described in The New York Times as follows:
It is eligibly situated on Ochre Point, and is 181 feet long, 84 feet wide and three stories high.  The underpinning was Cape Ann granite and the exterior was Philadelphia brick, laid in red mortar, with trimmings of Nova Scotia and North River blue-stone. The roof is gothic, and is indented with high peaks, gables and dormer windows. At the side of the front entrance is a large octagonal brick tower, rising high above the roof, and surmounted by a gilded vane.  The lookout at the top is reached by a spiral staircase. On nearly all sides are broad piazzas with flooring of Philadelphia brick and tiles bordered with blue-stone.
Peabody and Stearns also designed a detached cottage that was built with the mansion in 1877 and used as a children's playhouse. This building survived the 1892 fire and is still standing on the grounds of The Breakers. It is open for tours on the grounds of the current mansion.  In 1879, Lorillard purchased an additional three quarters of an acre (45,138 square feet) for $10,000 from Lawrence.  Also in 1879, Lorillard helped found the Newport Casino.
The estate and partnership between Lorillard and Peabody and Stearns may have led Lorillard's cousin, philanthropist Catharine Lorillard Wolfe, to purchase the property next door to his and to hire Peabody and Stearns to build her Vinland estate in 1882. The property acquired for $200,000, also from the estate of Gov. Lawrence, featured a Romanesque Revival style exterior consisting of red sandstone with Aesthetic Movement style elements.  After her death in 1896, the estate was also sold to a Vanderbilt descendant, Florence Adele Vanderbilt Twombly and her husband, Hamilton McKown Twombly.
The Breakers (1878)