339 Ocean Avenue

Newport, RI 02840

$16,000,000
Last Sold Price
7
Beds
6
Baths
3
1/2 Baths
8,027 Sq. Ft.
$1,993 / Sq. Ft.
8,027
Sq. Ft.
$1,993
per Sq. Ft.

Description

'SEAWARD' REPRESENTS THE POTENTIAL TO ACQUIRE A RARE AND EXPANSIVE OCEANFRONT PROPERTY ON RENOWNED OCEAN DRIVE IN NEWPORT. Views that only the most fortunate can enjoy each and every day, with sunrises over pristine Price's Neck Cove and ocean panoramas as far as Block Island. Constructed over a 4 year period, 2 residences were completed in 2008 with the highest caliber of craftsmanship and design. At approximately 20 acres, an enormous building envelope offers the opportunity to construct a family...'SEAWARD' REPRESENTS THE POTENTIAL TO ACQUIRE A RARE AND EXPANSIVE OCEANFRONT PROPERTY ON RENOWNED OCEAN DRIVE IN NEWPORT. Views that only the most fortunate can enjoy each and every day, with sunrises over pristine Price's Neck Cove and ocean panoramas as far as Block Island. Constructed over a 4 year period, 2 residences were completed in 2008 with the highest caliber of craftsmanship and design. At approximately 20 acres, an enormous building envelope offers the opportunity to construct a family compound. The first residence (4 bedrooms, 4.2 baths) features a thoughtful layout, including a stunning commercial grade chef's kitchen that accesses the patio. The guest/caretaker's cottage (3 bedrooms, 2.1 baths) provides additional space for friends and family. Each enjoys its own distinct and unforgettable view of the sea and spectacular surroundings. Relax at the infinity-edge pool, with its sweeping ocean views. Incredible space for outdoor entertaining. Formerly known as the 'Avalon' estate, the property was owned by the Van Alens, who founded the International Tennis Hall of Fame, one of Newport's beloved cultural institutions. Private, with gated entry and exceptional acreage, yet minutes from Newports beautiful beaches, waterfront, restaurants, shops and activities. Via permit, potential for one or two coveted Price's Neck moorings. An extraordinary opportunity for the discerning buyer. Enjoy linked property video tour. *SUBDIVISION APPROVED*. SEE MLS #1266657 & 1266659

Listing Agents

  1. Eric Kirton

    Eric Kirton

    Alternative Listing Agent

    Compass

Property Details for 339 Ocean Avenue

Subdivision Name
OCEAN DRIVE
Waterfront
Yes
Waterfront Features
Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
View
Water

Location

Add your commute
LISTING UPDATED: 09/07/2021 03:40 PM

Property Details for 339 Ocean Avenue

StatusClosed
MLS #1266658
Days on Market314
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2008
Lot Size19.17 AC / 835,045 SF
CountyNewport County

Location

Add your commute

Virtual Tour

Building Information for 339 Ocean Avenue

Stories3Year Built2008Building Size-Lot Size19.17 AC / 835,045 SF

Payment Calculator

$94,962 per month

30 year fixed, 7.25% Interest

Principal and Interest

$87,319

Property Taxes

$7,643

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 339 Ocean Avenue

Summary
Location and General Information
  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Postal City: Newport
  • Zoning: R160,120
  • County: Newport
  • City: Newport
Parking
  • Attached Garage: Yes
  • Covered Spaces: 2
  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage
  • Parking Total: 12
Taxes and HOA Information
  • Tax Annual Amount: $.00
  • Tax Assessed Value: 0
  • Tax Lot: 11,38
Virtual Tour
Property
Lot Information
  • Lot Features: Private, Secluded, Sprinkler System, Waterfront
  • Lot Size Acres: 19.17
  • Lot Size Area: 835045.0
  • Lot Size Square Feet: 835045.0
  • Lot Size Units: Square Feet
  • Living Area: 8,027.00
  • Building Area Total: 8,027.00
  • Parcel Number: 339OCEAN(LOTB&LOT38)AVNEWP
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Business Type: Other
  • Construction Materials: Plaster, Wood Siding, Masonry
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Security Features: Security System Owned
  • Spa Features: Hot Tub
  • Spa: Yes
  • Stories: 3
  • Stories Total: 3
  • Year Built: 2008
  • Property Type: Residential
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Heating: Hydro Air, Oil
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio, Barbecue, Sprinkler/Irrigation, Paved Driveway
  • Fencing: Security
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • View: Yes
  • Window Features: Storm Window(s), Thermal Windows
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 7
  • Door Features: Storm Door(s)
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Fireplaces Total: 3
  • Flooring: Hardwood, Marble, Carpet
  • Interior Features: Attic, Wet Bar, Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Levels: Three Or More
  • Rooms Total: 13
MultiFamily
Income & Expenses
  • Operating Expense: $0
Rental Information
Rent Information
  • Land Lease: false

Property History for 339 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 339 Ocean Avenue

Taxable ValueLand$3,830,300Additions$5,415,600Total$9,245,900
Tax Record2023$91,719 ($7,643 / month)
Home Facts
Baths5Total Finished SqFt19,768 SqFtAbove Grade Finished SqFt19,768 SqFtStories2Lot Size808,038 SqFtStyleMulti-Family Dwelling (2-4)Year Built2007ZoningR160CountyNEWPORTAPNNEWP M:043 B:0011Fireplace TypeHas Fireplace

Schools near 339 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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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.