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$29,999,000
339 Ocean Avenue, Newport, RI 02840
7 Beds
9 Baths
8,027 sqft

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'SEAWARD' - EXTRAORDINARY OPPORTUNITY TO ACQUIRE A RARE AND EXPANSIVE 45-ACRE COMPOUND ON NEWPORT'S RENOWNED OCEAN DRIVE. **RECENTLY APPROVED SUBDIVISION** Views that only the most fortunate can enjoy each and every day, with sunrises over pristine Price's Neck Cove and ocean panoramas as far as Block Island. Constructed over a four-year period, two residences were completed in 2008 with the highest caliber of craftsmanship and design. At 45.91 acres, an enormous building envelope offers the opportunity to construct a family compound. The first residence (4 bedrooms, 4.2 baths) features a thoughtful layout, including a stunning commercial grade chef's kitchen that accesses the patio. The guest/caretaker's cottage (3 bedrooms, 2.1 baths) provides additional space for friends and family. Each enjoys its own distinct and unforgettable view of the sea and spectacular surroundings. Relax at the infinity-edge pool, with its sweeping ocean views. Incredible space for outdoor entertaining. Formerly known as the 'Avalon' estate, the property was owned by the Van Alens, who founded the International Tennis Hall of Fame, one of Newport's beloved cultural institutions. Private, with gated entry & exceptional acreage, yet minutes from Newport’s beautiful beaches, waterfront, restaurants, shops & activities. Via permit, potential for one or two coveted Price's Neck moorings. Enjoy linked property video tour. Property offered 3 ways: see MLS#1266658 & 1266659
  • Price:
  • $29,999,000
  • Bedrooms:
  • 7
  • Full Baths:
  • 6
  • Half Baths:
  • 3
  • Square Footage:
  • 8,027
  • Acreage:
  • 45.91
  • Year Built:
  • 2008
  • Listing ID #:
  • 1266657
  • Street Address:
  • 339 Ocean Avenue
  • City:
  • Newport
  • State:
  • Rhode Island
  • Postal Code:
  • 02840
  • County:
  • Newport
  • Listing Status:
  • Active
  • Listing Type:
  • Other
  • Exterior Description:
  • Masonry
  • Fireplace:
  • Yes
  • Flooring:
  • Hardwood, Marble
  • Has Basement:
  • Yes
  • Total Building Square Footage:
  • 8027
  • Year Built:
  • 2008
  • Conforms To Zoning:
  • R160+120
  • Property Taxes:
  • $158,834
  • Tax Year:
  • 2020
  • Attic Present:
  • Yes
  • Partial Baths:
  • 3
  • Room Description:
  • Basement, 7 Bedrooms, 6 Full Baths, 3 Half Baths
  • Parking Spaces:
  • 12
  • Appliances:
  • Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Cooling System:
  • Central A/C
  • Heating:
  • Fireplace
  • Waterfront:
  • Yes
30-year Conforming

3.089%

0.022%

30-year FHA

3.154%

0.017%

30-year VA

2.795%

0.055%

Last updated: 9/22/2021
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Copyright © 2021 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.