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For sale
  • $11,600,000

    294 Ocean Ave, Newport, RI 02840

    4beds
    4,392sqft
    : 
    Single Family Residence
    Built in 1902
    0.83 Acres Lot
    $-- Zestimate®
    $2,641/sqft
    $-- HOA

    What's special

    Fieldstone fireplaceOceanfront siteStone wallsBluestone patioLandscaped groundsWide plank maple floorsSecond-floor master bedroom suite
    The “Playhouse" is an iconic landmark on Prices Neck Cove, a picturesque inlet of the Atlantic Ocean. Located on famed Ocean Drive this property was a collaborative effort between San Diego Architect, Irving Gill and Frederick Law Olmsted. The "Playhouse" sits on a majestic oceanfront site. Completely rebuilt, the current owners have kept this property in brand new condition. It reflects the highest specifications, materials and craftsmanship. The interior space includes an enclosed entry addition with a den and 1/2 bath. Once you walk through the original fieldstone arched doorway, you enter into a light filled, open plan kitchen-living-dining area with warm wide plank maple floors and custom mahogany windows and doors. The kitchen has a commercial grade Sub Zero refrigerator, Wolf stove, wine refrigerator and a charming pizza oven from Italy. At the other end of the great room a fieldstone fireplace anchors the living room creating a cozy atmosphere in colder weather. A second-floor master bedroom suite has 18ft. ceilings at their peak, a spa like bathroom and boasts amazing south facing views of the cove and Atlantic Ocean beyond. The landscaped grounds include a new pool/spa area with bluestone patio and surround, meticulously crafted stone walls and a deeded mooring in the Cove. There is a detached garage/ guest house includes a separate living room, cedar closet, and two bedrooms with shared bathroom on the second floor. Totally turn-key and ready for summer activities.
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    Zillow last checked: 7 hours ago

    Listing updated: August 27, 2025 at 06:59am

    Listed by:

    David Huberman 401-849-3000,

    Gustave White Sotheby's Realty,

    Mike Sweeney 401-862-0164,

    Gustave White Sotheby's Realty

    Source: StateWide MLS RI,MLS#: 1392749MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    Bathroom
    • Level: Second
    Bathroom
    • Level: First
    Other
    • Level: Second
    Other
    • Level: Second
    Other
    • Level: Second
    Dining area
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Office
    • Level: First
    Heating
    • Natural Gas, Bottle Gas, Central Air, Central, Forced Air, Forced Water, Geothermal, Hydro-Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
    Features
    • Wall (Cermaic), Wall (Dry Wall), Wall (Paneled), Wall (Wood), Cathedral Ceiling(s), Cedar Closet(s), Stairs, Wet Bar, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Windows: Insulated Windows
    • Basement: None
    • Number of fireplaces: 2
    • Fireplace features: Stone
    Interior area
    • Total structure area: 4,392
    • Total interior livable area: 4,392 sqft
    • Finished area above ground: 4,392
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached, Garage Door Opener
    • Garage spaces: 1
    Features
    • Patio & porch: Patio
    • Exterior features: Barbecue
    • Pool features: In Ground, Salt Water
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront, Access, Mooring, Ocean Front
    Lot
    • Size: 0.83 Acres
    • Features: Local Historic District, Secluded, Security
    Details
    • Additional structures: Guest House
    • Parcel number: NEWPM043B0041
    • Zoning: R120
    • Other equipment: Cable TV, Hot Tub

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Ceramic, Dry Wall, Paneled, Wood Wall(s), Masonry, Shingles, Wood
    • Foundation: Concrete Perimeter, Stone
    Condition
    • New construction: No
    • Year built: 1902

    Utilities & green energy

    • Electric: 400 Amps
    • Utilities for property: Underground Utilities, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Security: Security System Owned
    • Subdivision: Ocean Drive
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $2,641/sqft
    • Tax assessed value: $8,652,700
    • Annual tax amount: $62,100
    • Date on market: 8/22/2025
    • Inclusions: 2025 Non-resident taxes $75, 183.
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