339 Ocean Avenue

Newport, RI 02840

$11,000,000
Last Sold Price
1,164,794 / 26.74
Lot Size / Acres

Description

RARE OFFERING-THIS 26.74 ACRE BUILDING SITE OFFERS THE MOST SPECTACULAR AND ELEVATED OCEAN VIEW COMPOUNDS AVAILABLE IN NEW ENGLAND. Perched above Ocean Drive with extraordinary Atlantic Ocean views to the south, pristine Price's Neck Cove to the east and Newport County Club to the west enjoy the most exceptional sunrises and sunsets available in Coastal Rhode Island. Formerly the Avalon Estate, this expansive building site plus adjacent 4.26 ac. lot is the private enclave you have looked for. Long,...RARE OFFERING-THIS 26.74 ACRE BUILDING SITE OFFERS THE MOST SPECTACULAR AND ELEVATED OCEAN VIEW COMPOUNDS AVAILABLE IN NEW ENGLAND. Perched above Ocean Drive with extraordinary Atlantic Ocean views to the south, pristine Price's Neck Cove to the east and Newport County Club to the west enjoy the most exceptional sunrises and sunsets available in Coastal Rhode Island. Formerly the Avalon Estate, this expansive building site plus adjacent 4.26 ac. lot is the private enclave you have looked for. Long, rolling grassy hills are accented by ledge outcroppings and mature trees. Directly abutting the Newport Country Club to the north and west, the back portion of the property overlooks NCC's 18th fairway and the famed Whitney Warren-designed clubhouse. Please enjoy property tour video.

Listing Agents

  1. Eric Kirton

    Eric Kirton

    Alternative Listing Agent

    Compass

Property Details for 339 Ocean Avenue

Subdivision Name
OCEAN DRIVE
Waterfront Features
Walk to Water, Walk to Salt Wtr, Saltwater View
View
Saltwater, Water

Location

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LISTING UPDATED: 06/15/2022 10:58 AM

Property Details for 339 Ocean Avenue

StatusClosed
MLS #1266659
Days on Market370
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size26.74 AC
CountyNewport County

Location

Add your commute

Virtual Tour

Building Information for 339 Ocean Avenue

Lot Size26.74 AC

Payment Calculator

$67,675 per month

30 year fixed, 7.25% Interest

Principal and Interest

$60,032

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
  • Topography: Cleared
  • Zoning: R160
  • Zoning Description: Residential
  • Road Surface Type: Asphalt
  • County: Newport
  • City: Newport
Taxes and HOA Information
  • Tax Annual Amount: $.00
  • Tax Assessed Value: 0
  • Tax Lot: 3,78
Virtual Tour
Property
Lot Information
  • Lot Features: Private, Secluded, Sprinkler System, Wooded, Wetlands
  • Lot Size Acres: 26.74
  • Lot Size Area: 1164794.0
  • Lot Size Square Feet: 1164794.0
  • Lot Size Units: Square Feet
  • Parcel Number: 339OCEAN(LOTA&LOT3)AVNEWP
  • Possible Use: Single Family, Residential
Property and Assessments
  • Senior Community: No
  • Development Status: Finished Lot(s)
  • New Construction: No
  • Stories Total: 0
  • Frontage Length: 0
  • Property Type: Land
Utilities
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Not Available
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sprinkler/Irrigation
  • View: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Wooded Area: 35.0
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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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.

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.