Active

294 Ocean Avenue

Newport RI, 02840

$12,500,000


$2,846.08 per sqft

Active

4 Beds

4 Baths

4,392 sqft

Residential

Built in 1902

The Playhouse" is an iconic landmark on Prices Neck Cove, a picturesque inlet of the Atlantic Ocean. Located on famed Ocean Drive this property was a collaborative effort between San Diego Architect, Irving Gill and Frederick Law Olmsted. The "Playhouse" sits on a majestic oceanfront site. Completely rebuilt, the current owners have kept this property in brand new condition. It reflects the highest specifications, materials and craftsmanship. The interior space includes an enclosed entry addition with a den and 1/2 bath. Once you walk through the original fieldstone arched doorway, you enter into a light filled, open plan kitchen-living-dining area with warm wide plank maple floors and custom mahogany windows and doors. The kitchen has a commercial grade Sub Zero refrigerator, Wolf stove, wine refrigerator and a charming pizza oven from Italy. At the other end of the great room a fieldstone fireplace anchors the living room creating a cozy atmosphere in colder weather. A second-floor master bedroom suite has 18ft. ceilings at their peak, a spa like bathroom and boasts amazing south facing views of the cove and Atlantic Ocean beyond. The landscaped grounds include a new pool/spa area with bluestone patio and surround, meticulously crafted stone walls and a deeded mooring in the Cove. There is a detached garage/ guest house includes a separate living room, cedar closet, and two bedrooms with shared bathroom on the second floor. Totally turn-key and ready for summer activities.

1357862

MLS ID

April 29, 2024

Listed

July 13, 2024

Updated

Map

294 Ocean Avenue
Newport RI, 02840

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Wet Bar, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Tub Shower, Cable TV


Appliances

Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer


Floor Description

Ceramic Tile, Hardwood


Fireplace

Yes


Fireplace Description

Stone


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Baseboard, Electric, Forced Air, Gas, Geothermal, Hydro Air, Hot Water, Propane

Exterior/Building Features

Lot Size

0.83 Acres


Exterior Features

Patio, Barbecue


Lot Features

Private, Secluded, Waterfront


Architectual Style

Cabin, Historic/Antique


Sewer

Connected

Other Property Details

Taxes

$60,309


Tax Frequency

Annually


Days on Market

72


Garage

Yes


Garage Spaces

1


Parking

Detached, Garage, Garage Door Opener


Parking Total

6


View

Yes


View Description

Water


County

Newport


Water Source

Connected


Pool

Yes


Pool Features

In Ground, Salt Water


Waterfront

Yes


Zoning

R120

Listing History

Date

Event

Price

6/25/2024

Price Change

$12,500,000

-11%

 

Courtesy of Gustave White Sotheby's Realty

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 12:12 PM UTC, 7/13/2024.

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