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Sold for $5,200,000 on 03/01/24
  • $5,200,000

    123 Ocean Ave, Newport, RI 02840

    3beds
    2,950sqft
    Single Family Residence
    Built in 1952
    2 Acres Lot
    $5,745,100 Zestimate®
    $1,763/sqft
    $5,715 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: March 01, 2024 at 07:27am

    Listed by:

    Edith Cushing 401-862-7703,

    RE/MAX Profnl. Newport, Inc.

    Bought with:

    Joseph Paolino, REB.0006945

    Paolino Properties

    Source: StateWide MLS RI,MLS#: 1350565MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Electric, Oil, Baseboard, Forced Water, Individual Control, Other, Zoned
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Dishwasher, Exhaust Fan, Disposal, Range Hood, Oven/Range, Refrigerator
    Features
    • Wall (Dry Wall), Cathedral Ceiling(s), Cedar Closet(s), Skylight, Stairs, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Carpet
    • Doors: Storm Door(s)
    • Windows: Insulated Windows, Skylight(s)
    • Basement: Partial,Bulkhead,Unfinished,Utility
    • Number of fireplaces: 1
    • Fireplace features: Stone
    Interior area
    • Total structure area: 2,950
    • Total interior livable area: 2,950 sqft
    • Finished area above ground: 2,950
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 10
    • Parking features: Detached, Garage Door Opener, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio
    • Exterior features: Balcony, Breezeway
    • Pool features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Flood Insurance, Freshwater Front, Walk to Fresh Water, Walk to Salt Water, Walk To Water
    Lot
    • Size: 2 Acres
    • Features: Local Historic District, Paved, Wooded
    Details
    • Additional structures: Outbuilding
    • Parcel number: NEWPM041B0344
    • Zoning: R120
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Shingles, Wood
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Electric: 100 Amp Service, Circuit Breakers, Individual Meter
    • Sewer: Septic Tank
    • Water: Individual Meter, Municipal
    • Utilities for property: Water Connected

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    Location
    • Region: Newport
    • Subdivision: Ocean Drive
    Services availability
    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $5,745,100
    2% more+ $115K
    With Zillow Showcase(estimated)
    $5,860,002