Back 511 Ocean Avenue
Off Market

511 Ocean Avenue

Newport RI 02840

4
3
12
2412 sq. ft.
43560 sq. ft.
Single-Family
Last sold for $2,865,774.55
Kate SchultzKate Schultz, last sold this property on 21 May 2021 after -35 days on market.

Overview

Does it get better than this? Your own property located in one of New England's most breathtaking locations, Ocean Avenue in Historic Newport, Rhode Island. Near beaches, Cliff Walk, Brenton Park and the famed Newport Mansions. This cheerful, sunny abode was designed with a keen appreciation for open ocean and has panoramic water views set on a 1 Acre lot. NEW ROOF installed November 2020. This open-concept home has lovely wood floors throughout, recessed lighting and a commanding stone fireplace. There is even a charming gas stove as an alternative heating option. The kitchen, featuring striking custom cabinets, has high-end appliances that were replaced in 2018. Granite counter tops and ceramic, Italian-style tile back splashes completes the look. The upstairs bedroom area offers an excellent guest room space, with its own separate entry through the garage, private full bath and balcony. Outside, the full acre of land (beautiful lawn, flowering trees and shrubs, garden) promises to be a brilliant canvas for future growth. A gorgeous outdoor fire/patio area overlooks the water and provides perfect setting for watching the sailing regattas or memorable summer sunsets with family and friends. The attached two-car garage and huge basement are perfect storage or as a workshop for an artisan, craftsmen or mechanic. Enjoy the good life in a divine Newport location.

Features

4 bedrooms
3 bathrooms
12 carspaces
2 garage spaces
2412 sq. ft. floor area
43560 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Newport over the last 12 months, the estimated median property value of 511 Ocean Avenue is $1.66m.

Median value
$1.66m
Estimated value range
$907k - $5.78m
Median days on market
39
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Newport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 511 Ocean Avenue

2021
Sold
$2,865,774.55
21 May 2021 by Kate Schultz, of William Raveis Chapman Enstone

Happy sellers in Newport

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We have insufficient information to provide an overview of customer satisfaction for Newport. Viewing the agent profiles, reviews and sales for Newport can provide insights for this location.

Local market activity for 4 bedroom single-family properties in Newport

In the last 12 months, 26 four-bedroom single-family properties similar to 511 Ocean Avenue, have been sold.

This represents a 11% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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