518 Ocean Rd

Narragansett, RI 02882

$12,000,000
Last Sold Price
5
Beds
11,941 Sq. Ft.
$1,005 / Sq. Ft.
11,941
Sq. Ft.
$1,005
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/26/21
Closed 5/26/21

Description

SeaGrace, an Ultra-Luxury Modern Oceanfront Estate. A newly constructed custom masterpiece inspired by classical New England seaside estates, fully equipped with present-day luxuries throughout the 12,000+/- square feet. Sophisticated resort-like oasis with breathtaking Atlantic Ocean views on nearly 2 acres of pristinely manicured coastline property. Experience dreamy ocean vistas from the 5,000SF elevated limestone terrace, an enchanting retreat where the 36 foot infinity pool magically melds into...SeaGrace, an Ultra-Luxury Modern Oceanfront Estate. A newly constructed custom masterpiece inspired by classical New England seaside estates, fully equipped with present-day luxuries throughout the 12,000+/- square feet. Sophisticated resort-like oasis with breathtaking Atlantic Ocean views on nearly 2 acres of pristinely manicured coastline property. Experience dreamy ocean vistas from the 5,000SF elevated limestone terrace, an enchanting retreat where the 36 foot infinity pool magically melds into the ocean beyond. Dramatic water-fire feature sets the stage for unparalleled entertainment day or night, accenting the outdoor chef’s kitchen and hot spa for both intimate and grand affairs. Inside, panoramic seascapes and designer appointments stir leisure and tranquility at every turn. Ascend the floating 3-story elliptical staircase to the sumptuous 1,400SF Master Suite with private balcony where you are greeted with awe-inspiring ocean sunrises and sea breezes. Master suite includes stylish Ortal fireplace, heavenly master bath with separate shower and soaking tub, boutique closets and lavish sitting room. With 5+ bedrooms, 7.2 baths, 2 home offices, recreation room, full gym and separate au-pair suite throughout 4 levels, there is none left to be desired at this trophy residence. SeaGrace Estate is surely one of New England’s finest legacy estates, a rare achievement of Luxury, Privacy and Style.
  1. Listed by Danielle Malloy • NestSeekers International
    P: (203)-921-9987 C: (203)-921-9987 Danielle@CTLRE.com
  2. Listed by Jessica Lane Alsina • NestSeekers International
    P: (203)-979-8356 C: (203)-979-8356 jessica@greenwichluxe.com;jessica.lane@serhant.com

Property Details for 518 Ocean Road

Basement Description
Fully Finished, Apartment, Liveable Space
Direct Waterfront
Yes
Garages Number
3
Neighborhood
N/A
Style
French
Subdivision
Narragansett
Garage Parking Info
Attached Garage, Under House Garage
Swimming Pool
Yes
LISTING UPDATED: 10/28/2022 07:48 PM

Property Details for 518 Ocean Road

StatusClosed
MLS #170366522
Days on Market123
Taxes$57,898 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built2016
Lot Size1.95 AC / 84,942 SF
CountyWashington County
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Location

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Building Information for 518 Ocean Road

Stories-Year Built2016Building Size-Lot Size1.95 AC / 84,942 SF

Payment Calculator

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$65,251 per month

30 year fixed, 6.46% Interest

Principal and Interest

$60,426

Property Taxes

$4,825

HOA Dues

$0

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Property Information for 518 Ocean Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Ocean Road
  • Elementary School: Per BOE
  • High School: Per BOE
  • Intermediate School: Per BOE
  • Latitude: 41.40664
  • Longitude: -71.456474
  • Middle Jr High School: Per BOE
  • Neighborhood Amenities: Golf Course, Health Club, Medical Facilities, Private Rec Facilities, Private School(s), Shopping/Mall, Tennis Courts
  • State: Rhode Island
  • Subd Complex: Narragansett
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Tax Year: July 2019-June 2020
  • Property Tax: $57,898
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Cabana, Covered Deck, Lighting, Terrace
  • Pool Description: In Ground Pool, Infinity Edge
  • Waterfront Description: Direct Waterfront, Ocean Frontage
Interior Features
  • Appliances Included: Gas Cooktop, Oven/Range, Refrigerator, Freezer, Dishwasher, Washer, Dryer
  • Attic Description: Walk-up, Storage Space
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 4
  • Home Automation: Built In Audio, Entertainment System, Lighting, Security System, Thermostat(s)
  • Interior Features: Audio System, Auto Garage Door Opener, Cable - Pre-wired, Open Floor Plan, Security System
  • Laundry Room Info: Upper Level
  • Rooms Additional: Exercise Room, Foyer, Laundry Room, Mud Room, Music Room, Staff Quarters
  • Room Count: 15
  • Rooms Total: 15
Room 1
  • Room Entry Order: 1
  • Room Features: 9 ft+ Ceilings,French Doors,Hardwood Floor
  • Room Level: Main
  • Room Type: Great Room
Room 2
  • Room Entry Order: 10
  • Room Features: 9 ft+ Ceilings,Hardwood Floor
  • Room Level: Upper
  • Room Type: Bedroom
Room 3
  • Room Entry Order: 11
  • Room Level: Upper
  • Room Type: Office
Room 4
  • Room Entry Order: 12
  • Room Level: Upper
  • Room Type: Rec/Play Room
Room 5
  • Room Entry Order: 13
  • Room Features: 9 ft+ Ceilings,Fireplace,French Doors,Hardwood Floor
  • Room Level: Main
  • Room Type: Living Room
Room 6
  • Room Entry Order: 14
  • Room Features: Full Bath
  • Room Level: Lower
  • Room Type: Bedroom
Room 7
  • Room Entry Order: 15
  • Room Level: Lower
  • Room Type: Family Room
Room 8
  • Room Entry Order: 2
  • Room Features: 9 ft+ Ceilings,Breakfast Bar,French Doors,Hardwood Floor,Pantry
  • Room Level: Main
  • Room Type: Eat-In Kitchen
Room 9
  • Room Entry Order: 3
  • Room Features: 9 ft+ Ceilings
  • Room Level: Main
  • Room Type: Media Room
Room 10
  • Room Entry Order: 4
  • Room Features: 9 ft+ Ceilings,Hardwood Floor
  • Room Level: Main
  • Room Type: Office
Room 11
  • Room Entry Order: 5
  • Room Features: 9 ft+ Ceilings,Balcony/Deck,Fireplace,Hardwood Floor
  • Room Level: Upper
  • Room Type: Primary BR Suite
Room 12
  • Room Entry Order: 6
  • Room Features: 9 ft+ Ceilings
  • Room Level: Main
  • Room Type: Dining Room
Room 13
  • Room Entry Order: 7
  • Room Features: 9 ft+ Ceilings,Hardwood Floor
  • Room Level: Upper
  • Room Type: Bedroom
Room 14
  • Room Entry Order: 8
  • Room Features: 9 ft+ Ceilings,Hardwood Floor
  • Room Level: Upper
  • Room Type: Bedroom
Room 15
  • Room Entry Order: 9
  • Room Features: 9 ft+ Ceilings,Hardwood Floor
  • Room Level: Upper
  • Room Type: Bedroom
Property
Property and Assessments
  • Construction Description: Frame, Concrete
  • Driveway Type: Paved, Asphalt
  • Exterior Siding: Stone
  • Foundation Type: Concrete, Stone
  • Fuel Tank Location: Non Applicable
  • New Construction Type: No/Resale
  • Roof: Other
  • Year Built: 2016
  • Year Built Source: Owner
  • Bank Owned Property: No
Lot Information
  • Lot Description: Water View, Professionally Landscaped
  • Parcel Number: 999999999
  • Sq Ft Est Heated Above Grade: 11941.0
  • Sq Ft Total: 11941.0
  • Zoning: R-80
Utilities
  • Energy Features: Geothermal Heat, Programmable Thermostat, Storm Windows
  • Heat Fuel Type: Geothermal
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected

Property History for 518 Ocean Road

DateEvent & SourcePriceAppreciation
May 21, 2021

Sold (Public Record)

Public Record #1462122212

$12,000,000—
May 21, 2021

Sold (Public Record)

Public Record #1462122212

$12,000,000

+18.8% / yr

Jun 9, 2014

Sold (Public Record)

Public Record #417333504

$3,625,000—
DateEvent & SourcePrice
05/21/2021

Sold (Public Record)

Public Record #1462122212

$12,000,000
05/21/2021

Sold (Public Record)

Public Record #1462122212

$12,000,000

+18.8% / yr

06/09/2014

Sold (Public Record)

Public Record #417333504

$3,625,000

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

Public Records for 518 Ocean Road

Taxable ValueLand$3,942,800Additions$6,793,000Total$10,735,800
Tax Record2025$72,896 ($6,075 / month)
Home Facts
Beds5Baths7Total Finished SqFt11,934 SqFtAbove Grade Finished SqFt11,934 SqFtStories2Lot Size84,942 SqFtStyleSingle Family ResidenceYear Built2014ZoningR-80CountyWASHINGTONAPNNARR M:G B:13 L:3Fireplace TypeHas Fireplace

Schools near 518 Ocean Road

This home is within Narragansett School District.
Rating
School
Type
Grades
Distance
Narragansett Elementary School
Public - PK to 4
Narragansett Pier School
Public - 5 to 8
Narragansett High School
Public - 9 to 12
Ocean Tides School
Private - 9 to 12
Rating
School
Distance
Narragansett Elementary School
PublicPK to 4

Narragansett Pier School
Public5 to 8

Narragansett High School
Public9 to 12

Ocean Tides School
Private9 to 12

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.

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Listing Courtesy of NestSeekers International

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.