123 Ocean Avenue, Newport, RI 02840

$5,200,000
3
BD
4
BA
2,950
SqFt
Sold Price
$5,200,000
List Price
$6,499,000
Closing Date
Mar 01, 2024
MLS#
1350565
Status
CLOSED
Type
Single Family Residential
City
Newport
County
Newport
Bedrooms
3
Bathrooms
4
Living Area
2,950
Year Built
1952

Property Description

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.

Additional Information

Fireplace
Yes
Cooling
None
Sewer
Septic Tank
Parking Features
Detached, Garage, Garage Door Opener
Taxes
$47,261
Community Features
Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Profnl. Newport, Inc.. Contact:

Selling Office: Paolino Properties.

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