Waterfront - Golf Course
Address
294 Ocean Avenue, Newport, RI
Price
$ 14,000,000
Property Attributes
  • MLS#1357862
  • TypeSingle Family
  • CountyNEWPORT
  • CityNewport
  • Zip02840
  • StyleCabinCottage,HistoricAntique
  • Year Built1902
  • Taxes$ 85843
  • Price$ 14,000,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage4392
  • Lot Size0.83 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

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.

Price History
4/29/2024 Listed $14,000,000

General Features

Interior Features WetBar,Bathtub,CedarClosets,CathedralCeilings,TubShower,CableTV
Sewer Connected
Heating Baseboard,Electric,ForcedAir,Gas,Geothermal,HydroAir,HotWater,Propane
Cooling CentralAir
Utilities SewerConnected,UndergroundUtilities
Possession Negotiable
Appliances Dryer,Dishwasher,ExhaustFan,GasWaterHeater,Microwave,Oven,Range,Refrigerator,RangeHood,Washer
Exterior Features Patio,Barbecue
Zoning R120
Garage Spaces 1.0
Patio/Porch Features Patio
Architectural Style CabinCottage,HistoricAntique
Pool Features InGround,SaltWater
Security Features SecuritySystemOwned
Construction Materials Drywall,Plaster,Masonry,ShingleSiding,WoodSiding
Year Built 1902
Electric Item200AmpService,CircuitBreakers,Generator
View Water
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Tax Year 2024
Waterfront Features Waterfront
Community Features Golf,Marina,NearHospital,NearSchools,RecreationArea,Restaurant,Shopping,TennisCourts
County Newport
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Garage Y/N Yes
Other Structures GuestHouse,Outbuilding
Total Rooms 10
Status Active
City Newport
View Y/N Yes
Senior Community Y/N No
Lot Size Square Feet 36155.0
Waterfront Y/N Yes
Carport Y/N No
Street Name Ocean
Spa Features HotTub
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 85843.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.youtube.com/watch_popup?v=krjwpGKaldM
Days on Market 10
Standard Status Active
Tax Assessed Value 8652700
Tax Lot 41
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No

Interior Features

Basement None
Flooring CeramicTile,Hardwood
Total Fireplaces 2
Fireplace Features Stone
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ThermalWindows
Fireplace Y/N Yes
Above Grade Finished Area 4392.0
Full Baths 3
Half Baths 1
Street Suffix Avenue
Total Bedrooms 4
Below Grade Finished Area 0.0
Electric On Property Y/N No
LivingAreaSource PublicRecords
Total Baths 4

Exterior Features

Parking Features Detached,Garage,GarageDoorOpener
Lot Features Private,Secluded,Waterfront
Water Source Connected
Total Parking 6.0
Lot Size Area 36155.0
Foundation Details ConcretePerimeter,Stone
Spa Yes
Building Area Total 4392.0
Lot Size Acres 0.83
Lot Size Units SquareFeet
Covered Spaces 1.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02840

Price
AVG $4.29M
$14M
Taxes
AVG $22,296
$85,843
Visits
AVG 399
143
Data Provided by Inside Real Estate®
Year Built
AVG 1924
1902

Areas We Cover