Closed

123 Ocean Avenue

Newport RI, 02840

$5,200,000


$1,762.71 per sqft

Closed

3 Beds

4 Baths

2,950 sqft

Residential

Built in 1952

Incredible Waterfront Opportunity to Renovate or Build a new home on a Spectacular, Unique piece of property located on Ocean Avenue. The original Mid-Century Modern home is perched on the hill overlooking Lily Pond & 200 feet across from Gooseberry Beach. You have the best of both worlds with views of the crashing waves of the Atlantic Ocean along with the Swans and the wildlife of Lily Pond. The 3 bedrooms, 3.5 bath home with a pool is designed to be engaged with Nature and the beauty of the outside. It has many oversize windows and numerous doorways to the outside pool patio area w/extraordinary sunset views. The living room/great room w/fireplace overlooks Lily Pond & French doors lead to the pool & grill area. The updated kitchen has granite counters and stainless appliances. The circular floor plan lends to a great family space perfect for entertaining & family get togethers. The Primary has its own private deck area with high views overlooking the ocean, pool and the pond. Located on 2 acres of land with mature trees and landscape as well as many garden areas. The rolling lot has higher views from behind the 2-car garage. Walk down to the Lily Pond through the secret gardens for a closer view of the wildlife. The house is in need of renovation or can be taken down. The seller is including HDC and CRMC Approved architectural plans as well as a certificate from City of Newport to demolish the home. The lot is private and serene yet close to all that Newport has to offer.

1350565

MLS ID

January 9, 2024

Listed

May 9, 2024

Updated

Map

123 Ocean Avenue
Newport RI, 02840

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Cedar Closet(s), Cathedral Ceiling(s), Skylights, Tub Shower


Appliances

Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Water Heater


Floor Description

Ceramic Tile, Carpet


Fireplace

Yes


Fireplace Description

Stone


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Electric, Hot Water, Individual, Oil, Other, Zoned

Exterior/Building Features

Lot Size

2 Acres


Exterior Features

Balcony, Breezeway, Patio, Paved Driveway


Lot Features

Paved, Wooded, Waterfront


Architectual Style

Contemporary, Historic/Antique


Sewer

Septic Tank

Other Property Details

Taxes

$47,261


Tax Frequency

Annually


Days on Market

51


Garage

Yes


Garage Spaces

2


Parking

Detached, Garage, Garage Door Opener


Parking Total

10


View

Yes


View Description

Saltwater, Water


County

Newport


Water Source

Connected, Multiple Meters, Public


Pool

Yes


Pool Features

In Ground


Waterfront

Yes


Zoning

R120


Buyer Agency Compensation

2.5% net sale

Listing History

Date

Event

Price

3/1/2024

Sold

$5,200,000

2/29/2024

Pending

 

Courtesy of RE/MAX Profnl. Newport, Inc.

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Data last updated 1:46 PM UTC, 5/9/2024.

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