Coldwell Banker Residential Brokerage
Veterans United Homefront
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294 Ocean Avenue, Newport, RI 02840

$14,000,000 Asking Price

4 beds
4 baths
4,392  sqft
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.


Listing Status:
Active
Date Added:
April 29, 2024 — 25 days ago
Listing Office:
Gustave White Sotheby's Realty
Office Phone:
401-849-3000
MLS ID:
1357862

Features & Amenities

Interior

General:
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
Basement:
None
Flooring:
Ceramic Tile,Hardwood
A/C:
true, Central Air
Heating:
true, Baseboard,Electric,Forced Air,Gas,Geothermal,Hydro Air,Hot Water,Propane
Fireplace:
Stone, Fireplace, Fireplaces: 2

Exterior

General:
Patio,Barbecue, Guest House,Outbuilding, Hot Tub
Style:
Cabin/Cottage,Historic/Antique
Other Structures:
Guest House,Outbuilding
Pool:
In Ground,Salt Water
Parking:
Detached,Garage,Garage Door Opener, Parking spaces: 6

Construction

Windows:
Thermal Windows
General:
Drywall,Plaster,Masonry,Shingle Siding,Wood Siding, 2, Concrete Perimeter,Stone

Location

Originating MLS:
RIS
County:
Newport

Lot

Zoning:
R120, 294OCEANAVNEWP
View:
Water, View

Utilities

Utilities:
Sewer Connected,Underground Utilities, 200+ Amp Service,Circuit Breakers,Generator
Water:
Connected
Sewer:
Connected

Financial

Source:
RIS
Buyers Agent Compensation:
2.5% VNS

This listing courtesy of:
Gustave White Sotheby's Realty

About Newport, RI

Housing

Number of Units
13,398
Median Home Value
$529,518
Median Rent
$1,100

54.39% of housing units are renter occupied.

18.99% are vacant.

Commute

Car
53.91%
Public Transportation
1.82%
Walk to Work
7.38%
Work from Home
34.31%
Other
1.34%

The median travel time to work is 14 minutes.

People

Population
24,574
Median Age
38.80
Median Household Size
2.34

Education

High School
18.91%
Associate’s Degree
4.92%
Bachelor’s Degree
31.26%
Graduate Degree
22.40%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: May 23, 2024 12:01 pm.

Copyright © 2024 Coldwell Banker Residential Brokerage and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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