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$1,265,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 2,217 Sq. Ft.
  • 4.0043 Acres
  • Updated 25 minutes ago
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Exceptionally private 3 bedroom condominium residence at Sherwood, an ionic Gilded Age Mansion. Ideally located in the southern end of Bellevue Avenue, Sherwood Condominium is close to ocean beaches, Cliff Walk and Mansions. One of 16 residences sharing 4+ acres of Sherwood's private grounds, this residence is one of the newly added units at the time of the condo conversion. This garden level unit extends from the original mansion, spanning 2217 square feet of spacious living space, offering privacy and verdant views in most rooms. Private entry lends the feel of a stand alone residence! Entertain with ease in the airy, open layout modernized for today's living. A large eat in kitchen with beautifully honed granite countertops flows seamlessly to the expansive living area. A beautiful set of French doors in the living room open to a guest bedroom/den and enjoys afternoon light. The adjoining primary bedroom is tucked away and opens to a sunny private patio. A sumptuous spa bath with marble tile, glass shower and whirlpool bath is ensuite to the primary bedroom. Flanking the living space is another bedroom which includes laundry area and storage. This move in ready residence is impeccably maintained: recent upgrades include flooring and painting. A newly installed shared bluestone entry terrace is a few steps away from your two assigned parking spots. This is a wonderful property to enjoy Newport in its finest location.

Full Property Details for 553 Bellevue Ave #2

General

  • Price: $1,265,000
  • HOA FEE: $624/month
  • Taxes: $7,656 (2025)
  • Status: Active
  • Type: Condo
  • Source: STWMLS
  • MLS ID: 1408786
  • Updated: Today (4/2/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 7
  • Interior Features: Bathtub, Dry Bar, Tub Shower
  • Fireplace(s): None
  • Appliances: Common Water Heater, Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Garden Area, Storage

Parking

  • Total Spaces: 2
  • Parking Features: Assigned, No Garage

Location

  • County: Newport
  • Subdivision: Bellevue Avenue Estate Area
  • Building Name: SHERWOOD

Community

  • Assoc. Fees Include: Hot Water, Insurance, Maintenance Grounds, Parking, Pest Control, Snow Removal, Trash, Water
  • Units Assoc/Comm: 16
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 1 Unit
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Connected
  • Water: Public
  • Utility Description: Sewer Connected, Underground Utilities

Structural Information

  • Detached/Attached: Detached
  • Construction: Drywall, Other
  • Basement Desc.: None
  • Entry Floor Number: 1
  • Entry Location: First Floor Access, Private Entry
  • Stories/Levels: 2
  • Building Size: 2217
  • Square Feet: 2,217
  • Living Area: 2,217 Sq. Ft.
  • Finished Total: 2,217 Sq. Ft.
  • Finished Above Grnd: 2,217 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 4.0043
  • Lot Size (Sq. Ft.): 174,429
  • Lot Size: 174429
  • Lot Features: Private, Secluded

Water Features

  • Water Front Desc.: Walk to Water

Financial Considerations

  • Association Fee: $624
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $7,656
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: 553BELLEVUEAV2NEWP
  • Lot Number: 19

Listed by Lila Delman Compass

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Listing agent

— 553 Bellevue Ave #2 —

  • Lila Delman Compass

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 553 Bellevue Ave #2

School District:Newport School District, Newport, RI
NameGradesDistance
Frank E. Thompson Middle School
55 Broadway, Newport, RI 02840
5-81.9 mi
Pell Elementary School
35 Dexter Street, Newport, RI 02840
PK-43 mi
Rogers High School
15 Wickham Road, Newport, RI 02840
9-120.7 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 553 Bellevue Ave #2 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$1,265,000
216.25%
MLS
6/01/2004
Sold
$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 553 Bellevue Ave #2

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,657
6%
$881,200
—
2024
$7,243
43%
$881,200
73%
2023
$5,065
3%
$510,600
—
2022
$4,907
3%
$510,600
—
2021
$4,764
-20%
$510,600
-12%
2020
$5,960
—
$579,800
—
2019
$5,960
3%
$579,800
—
2018
$5,792
-11%
$579,800
—
2017
$6,500
3%
$579,800
—
2016
$6,337
2%
$579,800
—
2015
$6,186
-12%
$579,800
-1%
2014
$7,038
3%
$583,600
—
2013
$6,834
—
$583,600
—
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 553 Bellevue Ave #2

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

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NMLS#: 1598647

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Listed by Lila Delman Compass

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553 Bellevue Avenue #2, Newport, RI 02840 (MLS# 1408786) is a Condo property with 3 bedrooms and 2 full bathrooms. 553 Bellevue Avenue #2 is currently listed for $1,265,000 and was received on April 02, 2026. Want to learn more about 553 Bellevue Avenue #2? 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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