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294 Ocean Avenue, Newport, RI 02840
$14,000,000
294 Ocean Avenue, Newport, RI 02840View this property at 294 Ocean Avenue, Newport, RI 02840
294 Ocean AvenueNewportRI02840
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Property Description
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.
Full Property Details
Full Property Details for 294 Ocean Ave
General
- Price: $14,000,000
- Taxes: $85,843 (2024)
- Status: Active
- Type: Single Family
- MLS ID: 1357862
- Updated: 4/29/2024
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Wet Bar, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Tub Shower, Cable TV
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Stone
- Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: In Ground, Salt Water
- Spa: Yes
- Spa Description: Hot Tub
- Tennis: Yes
- Security/Safety: Security System Owned
Exterior
- Exterior Features: Patio, Barbecue
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 6
- Parking Features: Detached, Garage, Garage Door Opener
Location
- County: Newport
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Baseboard, Electric, Forced Air, Gas, Geothermal, Hydro Air, Hot Water, Propane
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected, Underground Utilities
Structural Information
- Architectural Style: Cabin/Cottage, Historic/Antique
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Masonry, Shingle Siding, Wood Siding
- Basement Desc.: None
- Windows: Thermal Windows
- Stories/Levels: 2
- Building Size: 4392
- Square Feet: 4,392
- Living Area: 4,392 Sq. Ft.
- Finished Total: 4,392 Sq. Ft.
- Finished Above Grnd: 4,392 Sq. Ft.
- Year Built: 1902
Additional Structures
- Other Structures: Guest House, Outbuilding
Lot Features
- Property View: Water
- Lot Size (Acres): 0.83
- Lot Size (Sq. Ft.): 36,155
- Lot Size: 36155
- Lot Features: Private, Secluded, Waterfront
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Waterfront
Financial Considerations
- Tax Amount: $85,843
- Tax Year: 2024
Disclosures and Reports
- Property ID: 294OCEANAVNEWP
- Lot Number: 41
Listed by Gustave White Sotheby's Realty
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Schools
Schools serving 294 Ocean Ave
School District:Newport Schools
Rating | Name | Grades | Distance |
---|---|---|---|
15 Wickham Rd, Newport, RI 02840 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 294 Ocean Ave
Date
Details
Price
Change
Source
4/29/2024
Listed
$14,000,000
409.09%
MLS
5/17/2013
Sold
$2,750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 294 Ocean Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$55,237
3%
$5,568,200
—
2022
$53,510
3%
$5,568,200
—
2021
$51,951
25%
$5,568,200
37%
2020
$41,685
—
$4,055,000
—
2019
$41,685
3%
$4,055,000
—
2018
$40,509
-1%
$4,055,000
11%
2017
$40,881
3%
$3,646,800
—
2016
$39,860
4%
$3,646,800
2%
2015
$38,199
9%
$3,580,000
23%
2014
$35,138
3%
$2,913,600
—
2013
$34,118
—
$2,913,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 294 Ocean Ave
294 Ocean Avenue, Newport, RI 02840 (MLS# 1357862) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 294 Ocean Avenue is currently listed for $14,000,000 and was received on April 29, 2024. Want to learn more about 294 Ocean Avenue? Do you have questions about finding other Single Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.