$2,995,000 Price Analysis    ♡   Newport, RI 02840 4 bed 3 bath 5,280 SqFt ($567/SqFt) 1.8 acre lot. Built 1972 Listed 2024-03-14, Taxes $16,726 | Ⓧ USDA Ineligible due to price & location near Newport |
Priced to Sell!
* Sale Pending *Green Pastures An extreme ly private and secluded waterfront compound that was originally a part of historic Rocky Farm. This property has sweeping views of Gooseneck Cove and all of its incredible wildlife. The almost 2 acre grounds include a private pond, stream, trails, walking bridge and a secluded garden with its own greenhouse. The interior consists of over 5000sqft of fnished living space with cathedral ceilings and oversize windows that capture the view.
Two woodburning fireplaces and original wide plank floors add to the charm. Southwestern exposure offers a cool summer breeze and fantastic sunset views. The current owner has done many recent updates to the structure. With a separate detached heated outbuilding and an oversize septic, there is plenty of room for expansion and a potential guest house if desired. This incredible location off Ocean Drive provides walking access to the beaches while being 1 mile from downtown restaurants. The privacy of this property is unparalleled for being in such a central location. A must see!
Presented by Michael Sweeney at
Gustave White Sotheby's International Realty.
Property MLS #1354707 from StateWide
Primary Bedroom Level: Second Level
Bedroom 2 Level: Second Level
Bedroom 3 Level: Second Level
Bedroom 4 Level: Second Level
Basement Features: Family Room, Playroom, Workout Room
Den Level: First Level
Living Room Level: First Level
Office/Study Room Level: First Level
Basement Description: Full, Partially Finished, Access: Interior and Exterior
Full Bathrooms: 2
1/2 Bathrooms: 1
Cedar Closet
Skylight
Stairs
Wet Bar
Fireplace Features: Brick, Stone
Heating Features: Baseboard, Forced Water, Zoned
Heating Fuel: Oil
Number of Fireplaces: 2
Water Heaters: Oil
Lot Size Acres: 1.8
Lot Size Square Feet: 78408
Garage Description: Attached, Detached
Parking Total: 7
Source Listing Status: Pending
County: Newport
Tax Year: 2023
Source Property Type: Single Family
Source Neighborhood: Ocean Drive
Zoning: R120
Property Subtype: Cottage, Historic
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $817,900 + $922,600 $1,740,500 | $16,726 |
| 2021 | $817,900 + $922,600 $1,740,500 | $16,239 |
| 2020 | $653,500 + $842,300 $1,495,800 | $15,377 |
| 2019 | $653,500 + $842,300 $1,495,800 | $15,377 |
| 2018 | $653,500 + $842,300 $1,495,800 | $14,943 |
| 2017 | $625,000 + $667,100 $1,292,100 | $14,484 |
| 2016 | $625,000 + $667,100 $1,292,100 | $14,123 |
| 2015 | $625,000 + $667,100 $1,292,100 | $13,787 |
| 2014 | $465,600 + $580,100 $1,045,700 | $12,611 |
| 2013 | $465,600 + $580,100 $1,045,700 | $12,245 |
| 2006 | $704,800 + $543,100 $1,247,900 | $10,008 |
$40,000
StateWide
Price Changed 2024-04-23
$2,995,000
StateWide
Price Changed for rent 2024-03-27
$40,000
StateWide
Listed 2024-03-14
$3,495,000
StateWide
Listing removed 2024-03-06
$0
StateWide
Listing removed 2024-02-16
$0
StateWide
Listed for rent 2024-02-15
$48,000
StateWide
Price Changed 2023-11-28
$3,495,000
StateWide
Listed for rent 2023-11-10
$6,800
StateWide
Listed 2023-11-03
$3,750,000
StateWide
Listing removed 2023-10-31
$0
StateWide
Listing removed 2023-10-31
$0
StateWide
Price Changed for rent 2023-09-26
$6,800
StateWide
Listed for rent 2023-09-23
$6,500
StateWide
Price Changed 2023-09-21
$3,795,000
StateWide
Price Changed 2023-06-27
$3,995,000
StateWide
Price Changed 2023-05-17
$4,250,000
StateWide
Listing removed 2023-05-02
$30,000
StateWide
Listed for rent 2023-04-03
$30,000
StateWide
Price Changed 2023-02-22
$4,500,000
StateWide
Price Changed 2022-10-27
$4,950,000
StateWide
Listed 2022-10-04
$5,200,000
StateWide
Listing removed 2022-08-04
$6,500
StateWide
Price Changed for rent 2022-07-15
$6,500
StateWide
Price Changed for rent 2022-06-06
$45,000
StateWide
Listed for rent 2022-05-02
$50,000
StateWide
Listing removed 2021-02-13
$8,500
StateWide
Listing removed 2021-02-13
$25,000
StateWide
Sold 2019-12-06
$1,900,000
StateWide
Price Changed 2019-09-04
$1,995,000
StateWide
Price Changed 2019-07-08
$2,900,000
StateWide
Listed 2019-05-31
$3,200,000
StateWide
Year Built: 1972
BelowGradeFinishedArea: 1200
Building Exterior Type: Deck, Shingles, Wood
Property Age: 52
Levels or Stories: 3
Total Above Grade Sqft Area: 4080
Walls: Plaster
Sewer: Septic System
Water Source: Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.