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$1,590,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,244 Sq. Ft.
  • 1 Car Garage
  • Updated 2 hours ago
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Nestled in the heart of Newport's Historic Hill, this newly renovated first-floor condominium masterfully blends historic charm with sophisticated modern luxury. Guests enter through a stately mahogany front porch into an elegant foyer setting a grand tone for the home. This expansive two-bedroom, 2.5-bath residence features soaring ceilings and beautiful white oak floors throughout, highlighted by elegant, coffered detailing in the main living area. Perfect for today's lifestyle, the layout includes a dedicated private office, two cozy gas fireplaces that add warmth & character, and high-end, stylish light fixtures. The spectacular chef's kitchen comes complete with a premium gas stove and a statement island featuring sleek waterfall countertops. Both bedrooms boast large closets with custom built-ins and luxurious ensuite baths complete with radiant heated floors and premium Kohler faucets. Convenience is paramount in this elevator-serviced building; unit 1 offers direct access to a beautiful yard. Included with the unit is a dedicated private storage room, one garage bay, and two off-street parking spaces. Residents can enjoy premium community amenities, including a hardscape patio, garden-level common room equipped with a wet bar, half bath, multi-functional table perfect for dining or afternoon mahjong, and a separate seating area for entertaining. Centrally located, this professionally managed property invites you to leave the car behind and walk everywhere.

Full Property Details for 41 School St #1

General

  • Price: $1,590,000
  • HOA FEE: $868/month
  • Taxes: (2026)
  • Status: Active
  • Type: Condo
  • Source: STWMLS
  • MLS ID: 1416299
  • Updated: Today (6/26/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 7
  • Interior Features: Stall Shower, Elevator
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Flooring: Hardwood, Marble

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Recreation Room, Garden Area, Storage
  • Tennis: Yes

Exterior

  • Exterior Features: Patio, Paved Driveway
  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Total Spaces: 3
  • Parking Features: Assigned, Detached, Garage, Garage Door Opener

Location

  • County: Newport
  • Subdivision: Historic Hill
  • Building Name: 41 School Street Condominiums

Community

  • Assoc. Fees Include: Clubhouse, Insurance, Maintenance Grounds, Other, Parking, Snow Removal, See Remarks
  • Units Assoc/Comm: 3
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Central, Electric, Forced Air, Heat Pump, Radiant

Utilities

  • Sewer: Connected, Public Sewer
  • Water: Connected, Multiple Meters, Public
  • Utility Description: Sewer Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Clapboard
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Interior Entry, Partially Finished
  • Windows: Storm Window(s)
  • Entry Floor Number: 1
  • Entry Location: First Floor Access
  • Stories/Levels: 3
  • Building Size: 1244
  • Square Feet: 1,244
  • Living Area: 1,244 Sq. Ft.
  • Finished Total: 1,244 Sq. Ft.
  • Finished Above Grnd: 1,244 Sq. Ft.
  • Year Built: 1820
  • Property Condition: Under Construction

Lot Features

  • Sidewalks: Yes

Water Features

  • Water Front Desc.: Walk to Water

Financial Considerations

  • Association Fee: $868
  • Assoc Fee Freq.: Monthly
  • Tax Year: 2026

Disclosures and Reports

  • Inclusions: -Assessment and taxes are TBD as property was just converted to condominiums. -Condo Rules allow for 1 dog per unit 40 lbs and under. -Unit will convert with custom storm windows -Working capitol deposit of 2 months of condo fees is due at closing. -Condo fee includesProfessional management, Snow removal, landscaping, accounting, insurance, common area utilities, elevator maintenance
  • Property ID: 41SCHOOLST1NEWP
  • Lot Number: 145-4

Listed by Lila Delman Compass

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Listing agent

— 41 School St #1 —

  • Lila Delman Compass

401-338-3771

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 41 School St #1

School District:Newport School District, Newport, RI
NameGradesDistance
Frank E. Thompson Middle School
55 Broadway, Newport, RI 02840
5-80.3 mi
Pell Elementary School
35 Dexter Street, Newport, RI 02840
PK-41.5 mi
Rogers High School
15 Wickham Road, Newport, RI 02840
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 41 School St #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/26/2026
Listed
$1,590,000
-33.75%
MLS
1/30/2025
Sold
$2,400,000
—
Public Record
Get Price Alerts and Save Property
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 for 41 School St #1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,854
6%
$1,364,200
—
2024
$11,214
39%
$1,364,200
68%
2023
$8,076
3%
$814,100
—
2022
$7,824
3%
$814,100
—
2021
$7,596
6%
$814,100
17%
2020
$7,172
—
$697,700
—
2019
$7,172
-24%
$697,700
-26%
2018
$9,400
35%
$940,900
51%
2017
$6,982
3%
$622,800
—
2016
$6,807
2%
$622,800
—
2015
$6,645
7%
$622,800
20%
2014
$6,239
3%
$517,300
—
2013
$6,058
—
$517,300
—
View All
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 for 41 School St #1

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Lila Delman Compass

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41 School Street #1, Newport, RI 02840 (MLS# 1416299) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 41 School Street #1 is currently listed for $1,590,000 and was received on June 26, 2026. Want to learn more about 41 School Street #1? Do you have questions about finding other Condo real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

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