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$2,095,000   Price Analysis
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37 Powel Ave
Newport, RI 02840
6 bed 6 bath 4,255 SqFt ($492/SqFt)
6,717SqFt lot. Built 1900
Listed 2024-05-17
Ⓧ USDA Ineligible
due to price & location

near Newport

Originally built in 1892 as a guest house for the Naval War College and in 2022 this home underwent an extensive renovation with quality materials and thoughtful design.

* Has Contingent Offer *

The exterior of this single family retains the quintessential Victorian architectural elements such as eyelash mouldings, a mixture of clapboard and shingle siding, dental trim and a wraparound porch. While honoring the homes original aesthetics such as detailed woodwork, stained glass windows and gas fireplaces, the home includes state-of-the art features; advanced HVAC, new electrical and plumbing systems, Marvin windows, electric car charger, conduit for future solar and a hotel grade fire suppression system. Uniquely equipped to accommodate a variety of living arrangements there is the option to have two first floor bedroom ensuites or multiple living spaces.

On the second floor, there are four more dedicated bedrooms with ensuites and one shared Jack and Jill bathroom. Off the back of the second floor, is the most exquisite tree house style sitting room with floor to ceiling windows. Laundry area. The third floor is an ideal in-law/guest suite boasting another kitchen with high-nd appliances and custom cabinetry. There is a bedroom, more flex space and a sophisticated bathroom with open shower, deep soaker tub and refined tile work. Built for enjoying outdoor living with a fenced backyard, patio and two outdoor showers. Double garage and off-street parking. For rental potential check out MLS#1359296.


Presented by Newport Living Group at
LILA DELMAN REAL ESTATE.
Listing Agent Photo

Property MLS #1358809 from StateWide

Bedrooms: 6

Total Rooms: 13
Basement Features: Storage Area, Utility
Basement Description: Full, Unfinished, Access: Interior and Exterior

Total Bathrooms: 6.00
Full Bathrooms: 6

Cathedral Ceilings
Stairs
Wet Bar

Cooling Features: Central Air
Fireplace Features: Brick, Gas
Heating Features: Central Air, Forced Air, Gas Connected, Heat Pump, Zoned
Heating Fuel: Gas
Number of Fireplaces: 2
Water Heaters: Gas, Indirect, Tank

Water Features: Walk to Salt Water, Walk To Water

Lot Description: Fenced, Sidewalks
Lot Size Acres: 0.1542
Lot Size Square Feet: 6717

Garage Spaces: 2
Garage Description: Detached
Parking Total: 7

Annual Tax Amount: 8517.0000
Source Listing Status: Act Und Contract
County: Newport
Tax Year: 2024
Source Property Type: Single Family
Inclusions: The proposed 2024 residential mil rate is $6.98. The budget will not be set until the end of June. Therefore, the 2024 taxes could adjust accordingly. The town assessment is the new 2024 assessment.
Source Neighborhood: Kay/Catherine
Zoning: R10
Property Subtype: Victorian
Source System Name: C2C

Listed 2024-05-17
$2,095,000
StateWide

Total Square Feet Living: 4255
Year Built: 1900
Building Exterior Type: Balcony, Clapboard, Insulated Glass Windows, Patio, Porch, Shingles, Wood
Insulation: Ceiling, Walls
Property Age: 124
Levels or Stories: 3
Total Above Grade Sqft Area: 4255
Walls: Dry Wall

Electric: 400 Amps, Circuit Breaker, Individual Meter
Sewer: Connected, Public
Water Source: Connected, Public

Other Equipment: Dishwasher, Dryer, Exhaust Fan, Garbage Disposal, Hood, Oven/Range, Refrigerator, Washer

Rogers High School is a public high school located approximately 2.1 miles away.
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Frank E. Thompson Middle School is a public elementary and middle school located approximately 0.4 miles away.
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St Michaels Country Day School is a private elementary and middle school located approximately 0.7 miles away.
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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.