NEW PRICE! "Castleberry" with its amazing ocean views was built as a family retreat for its walkability to the beach, pool, and plenty of room for family and guests. Location, location, location are key words here. This 5-bedroom, 7 full & 2 half baths, shingle style home has 8614 sf above ground living space with an additional 2,679 sf of lower level living space of media room with wet bar, exercise room, and utility room. An elevator makes this a comfortable home for all ages. The main level has a family room with fireplace that may also be used as a first floor bedroom with its full bath. The Great Room provides an open floor plan for food preparation/dining, sitting area to enjoy your guests and family while entertaining casually. A formal dining room is also on the first floor. The second floor balconies and windows allow breathtaking views out onto Ocean Drive and the beach. The second floor primary bedroom has another fireplace. The laundry room on this floor makes life convenient. There is a top floor 18'x18' sunroom/observation deck to catch the sunsets over the ocean and beach. This coveted area off Ocean Drive provides privacy and beach access with Castle Hill Neighborhood Assn membership. The Castle Hill Inn is a short walk up the hill where neighbors are always welcome. House is being offered Turnkey except for personal items--truly a family generational home or vacation home to be shared with family and friends.
For sale
Price cut: $260K (4/10)
$8,990,000
41 Castle Hill Ave, Newport, RI 02840
5beds
11,293sqft
Est.:
Single Family Residence
Built in 2003
0.99 Acres Lot
$-- Zestimate®
$796/sqft
$-- HOA
What's special
Family room with fireplaceUtility roomShingle style homeAmazing ocean viewsExercise roomFormal dining room
- 391 days |
- 8,064 |
- 273 |
Zillow last checked:
Listing updated:
Listed by:
Kate Leonard 401-952-3461,
Lila Delman Compass
Source: StateWide MLS RI,MLS#: 1378238
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 9
- Full bathrooms: 7
- 1/2 bathrooms: 2
Heating
- Natural Gas, Central Air, Zoned
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Stairs, Wet Bar, Plumbing (Mixed), Insulation (Floors), Insulation (Unknown), Elevator
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior Entry,Finished,Bath/Stubbed,Laundry,Utility
- Number of fireplaces: 4
- Fireplace features: Gas
Interior area
- Total structure area: 8,614
- Total interior livable area: 11,293 sqft
- Finished area above ground: 8,614
- Finished area below ground: 2,679
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Attached, Garage Door Opener, Integral
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Pool features: In Ground
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Access, Beach, Walk to Salt Water
Lot
- Size: 0.99 Acres
- Features: Local Historic District, Corner Lot
Details
- Parcel number: NEWPM044B0089
- Zoning: R40A
- Other equipment: Elevator
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: 2003
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Golf, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Schools
- Subdivision: Ocean Drive/Castle Hill
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $796/sqft
- Tax assessed value: $9,772,800
- Annual tax amount: $80,342
- Date on market: 3/20/2025
- Inclusions: See Sales Disclosure form
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Price change | $8,990,000-2.8%$796/sqft |
Source:  StateWide MLS RI #1378238 Report a problem | ||
| 3/9/2026 | Price change | $9,250,000-2.6%$819/sqft |
Source: StateWide MLS RI #1378238 Report a problem | ||
| 12/12/2025 | Price change | $9,500,000-5%$841/sqft |
Source: StateWide MLS RI #1378238 Report a problem | ||
| 12/6/2025 | Price change | $9,999,999-4.8%$886/sqft |
Source: StateWide MLS RI #1378238 Report a problem | ||
| 7/27/2025 | Price change | $10,500,000+5%$930/sqft |
Source: StateWide MLS RI #1378238 Report a problem | ||
| 5/28/2025 | Price change | $9,999,999-4.8%$886/sqft |
Source: StateWide MLS RI #1378238 Report a problem | ||
| 3/20/2025 | Listed for sale | $10,500,000+45.8%$930/sqft |
Source: StateWide MLS RI #1378238 Report a problem | ||
| 2/7/2021 | Listing removed | -- |
Source: StateWide MLS RI #1273871 Report a problem | ||
| 1/26/2021 | Listed for sale | $7,200,000+45759.9%$638/sqft |
Source: StateWide MLS RI #1273871 Report a problem | ||
| 11/9/2019 | Listing removed | $60,000$5/sqft |
Source: Lila Delman Real Estate #1209120 Report a problem | ||
| 11/12/2018 | Listed for rent | $60,000$5/sqft |
Source: Lila Delman Real Estate #1209120 Report a problem | ||
| 4/1/2005 | Sold | $15,700$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $84,916 +5.7% | $9,772,800 |
| 2024 | $80,332 +55.2% | $9,772,800 +81.5% |
| 2023 | $51,747 | $5,384,700 |
| 2022 | $51,747 +3% | $5,384,700 |
| 2021 | $50,239 +2.8% | $5,384,700 +13.3% |
| 2020 | $48,861 | $4,753,000 |
| 2019 | $48,861 +2.9% | $4,753,000 |
| 2018 | $47,482 -6% | $4,753,000 +5.5% |
| 2017 | $50,508 +2.6% | $4,505,600 |
| 2016 | $49,246 +2.4% | $4,505,600 |
| 2015 | $48,075 -6.1% | $4,505,600 +6.1% |
| 2014 | $51,220 -1.3% | $4,247,100 -7% |
| 2012 | $51,906 +19% | $4,569,200 +4% |
| 2011 | $43,627 +3.9% | $4,393,500 |
| 2010 | $42,002 +0.4% | $4,393,500 |
| 2009 | $41,826 +27.2% | $4,393,500 +15.9% |
| 2008 | $32,871 +4% | $3,791,300 |
| 2007 | $31,619 +4% | $3,791,300 |
| 2006 | $30,406 -24.1% | $3,791,300 +35.2% |
| 2005 | $40,066 +272.5% | $2,803,800 +235% |
| 2002 | $10,755 | $837,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$51,980/mo
Principal & interest
$46361
Property taxes
$5619
More affordability tools
Climate risks
Neighborhood: Ocean Drive
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 3.2 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 2 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 4.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Rhode Island
- Newport County
- Newport
- 02840
- Ocean Drive
- 41 Castle Hill Ave
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