Alverstone is a village 3 kilometres from the east coast of the Isle of Wight, near Sandown. When Richard Webster became Chief Justice of England in 1900, he chose the title Lord Alverstone because it was the title he was permitted to choose which was "closest" to Sandown, one of his favourite locales. It has ever since been the ancestral home of the Alverstones, the social wing of the Cambridge University Athletics Club, named after Webster a prominent figure in the club when a student there. Alverstone Manor is located here.
Prince Albert was instrumental in creating a 'model' brickworks in Alverstone in the middle of the 19th century. There is evidence from an archaeological dig in Alverstone of a Roman military presence in the area.
The Newport Junction Railway opened a station at Alverstone in the 1870s, and the station first appeared in a public schedule in June 1876. The Alverstone station finally closed June 2, 1956. The original wooden station was replaced with one built with earth and clinkers, with wood siding.
There are many wetlands around Alverstone. Nature lovers enjoy visiting the Alverstone Marshes.
The Alverstone Mead is a 55-acre (220,000 m2) woodland and nature reserve about 1-mile (1.6 km) from Sandown. Alverstone Mead is southeast of Alverstone, and south of the cycleway between Sandown and Newport. Since 1993 the lease is held by the Wight Nature Council. It was once part of the Lower Borthwood Farm.
Transport is provided by Wightbus route 23, running between Newport and Shanklin.