232 Ocean Avenue

Newport, RI 02840

$12,500,000
Last Sold Price
7
Beds
7
Baths
8,000 Sq. Ft.
$1,563 / Sq. Ft.
8,000
Sq. Ft.
$1,563
per Sq. Ft.

Description

Enter through the well known white-brick, arched Gatehouse to.... NORMANDIE - First time offered to the market since 1974. Considered by many to be one of the most iconic and desirable estates and locations in all of Newport. Normandie is situated privately on 4.4 oceanfront acres with several access points to swimming from your own private beaches. This Bungalow style residence designed by the noted architectural firm, Delano and Aldrich of New York City, boasts many original details; red-quarry...Enter through the well known white-brick, arched Gatehouse to.... NORMANDIE - First time offered to the market since 1974. Considered by many to be one of the most iconic and desirable estates and locations in all of Newport. Normandie is situated privately on 4.4 oceanfront acres with several access points to swimming from your own private beaches. This Bungalow style residence designed by the noted architectural firm, Delano and Aldrich of New York City, boasts many original details; red-quarry tiled flooring, Beechwood-paneled interior walls, beautiful curved dining room fir ceiling and a variety of mantel places in its 10+ fireplaces. Main house has 7 principal bedrooms each with their own fireplace and ensuite baths, The entry level Master suite has access out to patio and grounds. East wing of the house has a 2 BR apt and an additional 1 BR apartment. Gate house at the entrance on Ocean Drive includes guest quarters along with garage/utility space. Most definitely, a once in generational opportunity to own a true Newport masterpiece!
  1. Listed by Paul Leys • Gustave White Sotheby's Realty

Property Details for 232 Ocean Avenue

Subdivision Name
Ocean Drive
Architectural Style
Bungalow, Historic/Antique
Waterfront
Yes
Waterfront Features
Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront, Flood Insurance, Saltwater Front, Walk to Salt Wtr, Saltwater View
View
Saltwater, Water

Location

Listing Courtesy of Gustave White Sotheby's Realty

Sold By Capitol Realty Company

Add your commute
LISTING UPDATED: 10/15/2021 09:48 AM

Property Details for 232 Ocean Avenue

StatusClosed
MLS #1284967
Days on Market66
Taxes$66,592 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1914
Lot Size4.39 AC / 191,228 SF
CountyNewport County

Location

Listing Courtesy of Gustave White Sotheby's Realty

Sold By Capitol Realty Company

Add your commute

Building Information for 232 Ocean Avenue

Stories2Year Built1914Building Size-Lot Size4.39 AC / 191,228 SF

Payment Calculator

$73,767 per month

30 year fixed, 7.25% Interest

Principal and Interest

$68,218

Property Taxes

$5,549

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 232 Ocean Avenue

Summary
Location and General Information
  • Community Features: Golf
  • Postal City: Newport
  • Postal Code Plus 4: 6529
  • Zoning: R 120
  • County: Newport
  • City: Newport
Parking
  • Attached Garage: No
  • Covered Spaces: 4
  • Garage: Yes
  • Garage Spaces: 4
  • Parking Features: Detached, Garage
  • Parking Total: 14
Taxes and HOA Information
  • Tax Annual Amount: $66,592.00
  • Tax Assessed Value: 7137500
  • Tax Lot: 101
  • Tax Year: 2022
Property
Lot Information
  • Lot Features: Private, Secluded, Waterfront
  • Lot Size Acres: 4.39
  • Lot Size Area: 191228.0
  • Lot Size Square Feet: 191228.0
  • Lot Size Units: Square Feet
  • Living Area: 8,000.00
  • Building Area Total: 8,000.00
  • Parcel Number: 232OCEANAVNEWP
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Plaster, Wood Siding, Masonry
  • New Construction: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1914
  • Frontage Length: 400
  • Property Type: Residential
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Baseboard, Forced Air, Oil
  • Heating: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • View: Yes
Interior Features
  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: None
  • Basement: No
  • Bathrooms Full: 7
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 7
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Fireplaces Total: 10
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Features: Cable TV
  • Levels: Two
  • Rooms Total: 15
MultiFamily
Income & Expenses
  • Operating Expense: $0
Rental Information
Rent Information
  • Land Lease: false

Property History for 232 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 232 Ocean Avenue

Taxable ValueLand$4,755,000Additions$290,900Total$5,045,900
Tax Record2023$50,055 ($4,171 / month)
Home Facts
Baths7Total Finished SqFt10,152 SqFtAbove Grade Finished SqFt10,152 SqFtStories2Lot Size191,228 SqFtStyleMulti-Family Dwelling (2-4)Year Built1914Year Renovated1977ZoningR120CountyNEWPORTAPNNEWP M:041 B:0101Fireplace TypeHas Fireplace

Schools near 232 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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Similar Sold Homes

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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.

Listing Courtesy of Gustave White Sotheby's Realty

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.