599 Ocean Avenue

Newport, RI 02840

$7,500,000
Price
4
Beds
5
Baths
1
1/2 Bath
5,424 Sq. Ft.
$1,383 / Sq. Ft.
5,424
Sq. Ft.
$1,383
per Sq. Ft.

Description

Enjoy this summer season from the front row of Newport's famed Ocean Drive in this newly priced coastal showstopper! "Ocean Mist" sits on a near half-acre of lush landscaping and conveys with deeded rights to a private beach a few steps away. Curated outdoor space has custom stonework, large private pergola-covered deck w/ trellis, awning, kitchen, and mahogany bar perfect for coffee or cocktails. The travertine patio is gas plumbed with spa, shower, waterfall, and koi pond. Built for both relaxation...Enjoy this summer season from the front row of Newport's famed Ocean Drive in this newly priced coastal showstopper! "Ocean Mist" sits on a near half-acre of lush landscaping and conveys with deeded rights to a private beach a few steps away. Curated outdoor space has custom stonework, large private pergola-covered deck w/ trellis, awning, kitchen, and mahogany bar perfect for coffee or cocktails. The travertine patio is gas plumbed with spa, shower, waterfall, and koi pond. Built for both relaxation and entertaining, the sunset facing, light-filled rooms have sweeping, unobstructed views of breaking waves against the rugged Atlantic Ocean shoreline, and plenty of nautical activity. Luxurious amenities throughout: grand staircase, high ceilings, elegantly curved walls, hardwood flooring, handmade built-ins and cabinetry. A wood paneled elevator services all levels. 4 bedrooms, 5 baths, open concept true chef's kitchen/living/dining area, 3 fireplaces and great room with full wet bar and covered porch. The primary suite has incredible ocean views, 2 full baths, sitting room, and cupola for meditation or exercise. Large ensuite bedrooms have vaulted ceilings, ocean view porch and balcony. A sunny walk out lower level is designed to customize as a private guest room with bath, live-in suite, gym, entertainment area, or exceptional home office. A gated entrance, heated three car garage, paver driveway w/ ample parking and exceptional mechanicals make Ocean Mist a joy to own.

Listing Agent

Property Details for 599 Ocean Avenue

Subdivision Name
Castle Hill/Ocean Drive
Architectural Style
Contemporary
Waterfront Features
Beach Access, Water Access, Walkto Water
View
Saltwater, Water

Location

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LISTING UPDATED: 05/29/2024 12:22 AM

Property Details for 599 Ocean Avenue

StatusActive
MLS #1355278
Days on Market64
Taxes$40,869 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2001
Lot Size0.48 AC / 20,700 SF
CountyNewport County

Location

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Building Information for 599 Ocean Avenue

Stories3Year Built2001Building Size-Lot Size0.48 AC / 20,700 SF

Payment Calculator

$44,336 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,931

Property Taxes

$3,406

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 599 Ocean Avenue

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Marina, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: R40A
  • Human Modified Y N: No
Parking
  • Attached Garage Y N: Yes
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage Y N: Yes
  • Parking Features: Built In, Garage Door Opener
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $40,869.00
  • Tax Assessed Value: 5792400
  • Tax Lot: 071
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 5424.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 5424.0
  • Frontage Length: 286
  • Living Area: 5,424.00
  • Living Area Source: Builder
  • Lot Features: Corner Lot, Sprinkler System
  • Lot Size Acres: 0.4752
  • Lot Size Area: 20700.0
  • Lot Size Square Feet: 20700.0
  • Lot Size Units: Square Feet
  • Parcel Number: 599OCEANAVNEWP
  • Stories: 3
  • Stories Total: 3
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 2001
  • C L I P: 4,200,934,990
Utilities
  • Electric: Item110Volts, Item200Amp Service, Circuit Breakers, Item220Volts
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed
  • Exterior Features: Balcony, Deck, Porch, Patio, Barbecue, Sprinkler Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Security Features: Security System Owned
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Trash Compactor, Water Heater, Washer
  • Basement: Partial, Partially Finished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 4
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplace Features: Gas
  • Fireplaces Total: 3
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Heating: Gas, Radiant, Zoned
  • Heating Y N: Yes
  • Interior Features: Attic, Wet Bar, Cedar Closets, Cathedral Ceilings, Permanent Attic Stairs, Skylights, Central Vacuum, Elevator, Cable TV
  • Levels: Three Or More
  • Other Equipment: Intercom, Satellite Dish
  • Patio And Porch Features: Balcony, Deck, Patio, Porch
  • Rooms Total: 7
  • Spa Features: Hot Tub
  • Spa Y N: Yes
  • Window Features: Skylights, Storm Windows, Thermal Windows
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 599 Ocean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 599 Ocean Avenue

Taxable ValueLand$2,203,100Additions$2,028,500Total$4,231,600
Tax Record2023$41,977 ($3,498 / month)
Home Facts
Beds3Baths5.5Total Finished SqFt6,030 SqFtAbove Grade Finished SqFt6,030 SqFtStories2Lot Size20,700 SqFtStyleSingle Family ResidenceYear Built1999Year Renovated2010ZoningR40ACountyNEWPORTAPNNEWP M:044 B:0071Fireplace TypeHas Fireplace

Schools near 599 Ocean Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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599 Ocean Avenue is a single family home for sale in Newport, RI 02840. This property was listed for sale on March 28, 2024 by Compass, it's currently listed at $7,500,000. It has been on the market for a total of 64 days and was last sold on August 3, 1998. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Newport Area Career Tech Center. 599 Ocean Avenue is a 4-bed, 5.5-bath, 5,424 sqft single family home built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.