Unique Newport Estate with Income & View of Bellevue Avenue & Tennis Hall of Fame

Front of Property Facing Tennis Hall of Fame
Front of Property Facing Tennis Hall of Fam...
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Newport, RI 02840

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5 Bed, 5.5 Bath
Single Family Home
4000 sq. ft. ($249 per sq. ft.)
Listing ID: ATM2756

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Property Highlights

  • On the MLS! MLS ID: 951435
  • 5 bedrooms
  • 5 full bathrooms
  • 1 half bathroom
  • Victorian style construction
  • 3 stories
  • Built in 1899
  • Lot dimensions are 100x100
  • Views of other
  • Gas Heat Pump heating system
  • Wall Unit cooling system
  • City provided sewer/wastewater
  • 7-car Garage (detached)
  • Has a basement
  • High efficiency appliances
  • Recently renovated
  • Updated bathroom
  • Updated kitchen
  • In the Bellevue neighborhood
  • $12,000 estimated taxes (per quarter)

Property Description

Do you dream of owning an estate in beautiful, historic Newport, Rhode Island where millionaires have frolicked for centuries....the Vanderbilts, the Belmonts, the Astor's, Doris Duke and where John and Jackie Kennedy were married and spent summer holidays. Well, if so this property is something you need to see - located only 1 block from the famed Bellevue Avenue and only 3 blocks from the Newport Harbor, Newport Beach, the Cliff Walk and many of the Newport Mansions - this is the place to be.

Each summer you can just sit on your front porch and hear the Newport Folk Festival and Newport Jazz Festivals' opening night concerts as if you were there because they take place at the legendary Tennis Hall of Fame which is directly across the street from this property. From our resident Osprey nest where the Osprey couple has returned the past 6 years in the Spring to hatch their offspring to our famous 7 foot tall white Marble statue of Hermes, this property is uniquely appointed on both the outside as well as the inside.

Elegantly renovated in 2004, it has five suites, three with cooking facilities and private baths in each. Excellent rental history and repeat business with two legal two units and an operating bed and breakfast with an elegant and private owner's quarters. Property also features a fabulously designed Carriage house with a two-car garage and a large room on the 2nd floor. Ample off-street parking too. This is a rare find of a property in Newport - you must see this to appreciate it. Make your dreams come true!


* Est. payment based on 20% down and a 30-year fixed rate of 5.375%

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November 3, 2009

Internet listings.. "vital" to real-estate sales, says the FTC

The Federal Trade Commission once again has shown how important a low cost MLS listing is for consumers with their recent decision on November 2nd....

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