339 Ocean Ave

8,027 Sq. Ft.
$1,993 / Sq. Ft.
8,027
Sq. Ft.
$1,993
per Sq. Ft.

Description

'SEAWARD' REPRESENTS THE POTENTIAL TO ACQUIRE A RARE AND EXPANSIVE OCEANFRONT PROPERTY ON RENOWNED OCEAN DRIVE IN NEWPORT. 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 4 year period, 2 residences were completed in 2008 with the highest caliber of craftsmanship and design. At approximately 20 acres, an enormous building envelope offers the opportunity to construct a family...'SEAWARD' REPRESENTS THE POTENTIAL TO ACQUIRE A RARE AND EXPANSIVE OCEANFRONT PROPERTY ON RENOWNED OCEAN DRIVE IN NEWPORT. 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 4 year period, 2 residences were completed in 2008 with the highest caliber of craftsmanship and design. At approximately 20 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 and exceptional acreage, yet minutes from Newport's beautiful beaches, waterfront, restaurants, shops and activities. Via permit, potential for one or two coveted Price's Neck moorings. An extraordinary opportunity for the discerning buyer. Enjoy linked property video tour. *SUBDIVISION APPROVED*. SEE MLS #1266657 & 1266659

Listing Agents

  1. Kendra Toppa

    Kendra Toppa

    Listing Agent

    Compass

    kendra.toppa@compass.com

    P: (401)-339-6233

  2. Eric Kirton

    Eric Kirton

    Alternative Listing Agent

    Compass

    eric.kirton@compass.com

    P: (401)-743-2744

Property Details for 339 Ocean Avenue

Subdivision Name
OCEAN DRIVE
Waterfront Y N
Yes
Waterfront Features
Beach Front, Mooring, Ocean Front, Water Access, Walkto Water, Waterfront
View
Saltwater, Water
LISTING UPDATED: 05/31/2024 01:20 PM

Property Details for 339 Ocean Avenue

StatusClosed
MLS #1266658
Days on Market332
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2008
Lot Size19.17 AC / 835,045 SF
CountyNewport County
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Virtual Tour

Building Information for 339 Ocean Avenue

Stories3Year Built2008Building Size-Lot Size19.17 AC / 835,045 SF

Payment Calculator

$88,347 per month

30 year fixed, 6.15% Interest

Principal and Interest

$77,981

Property Taxes

$10,366

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 339 Ocean Avenue

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: R160,120
  • Human Modified Y N: Yes
Parking
  • Attached Garage Y N: Yes
  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage Y N: Yes
  • Parking Features: Attached, Garage
  • Parking Total: 12
Taxes and HOA Information
  • Tax Annual Amount: $.00
  • Tax Assessed Value: 0
  • Tax Lot: 11,38
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 8027.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 8027.0
  • Living Area: 8,027.00
  • Living Area Source: Public Records
  • Lot Features: Private, Secluded, Sprinkler System, Waterfront
  • Lot Size Acres: 19.17
  • Lot Size Area: 835045.0
  • Lot Size Square Feet: 835045.0
  • Lot Size Units: Square Feet
  • Parcel Number: 339OCEAN(LOTB&LOT38)AVNEWP
  • Stories: 3
  • Stories Total: 3
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 2008
Utilities
  • Electric: Item200Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio, Barbecue, Sprinkler Irrigation, Paved Driveway
  • Fencing: Security
  • Foundation Details: Concrete Perimeter
  • Pool Features: In Ground
  • Security Features: Security System Owned
Interior Features
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement Y N: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 7
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplace Features: Stone
  • Fireplaces Total: 3
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Marble, Carpet
  • Heating: Hydro Air, Oil
  • Heating Y N: Yes
  • Interior Features: Attic, Wet Bar, Bathtub, Cathedral Ceilings, Tub Shower, Cable TV
  • Levels: Three Or More
  • Patio And Porch Features: Patio
  • Rooms Total: 13
  • Spa Features: Hot Tub
  • Spa Y N: Yes
  • Window Features: Storm Windows, Thermal Windows
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 339 Ocean Avenue

DateEvent & SourcePriceAppreciation
Jun 15, 2022

Sold

Rhode Island Association of REALTORS® #1266659

$11,000,000
Jun 15, 2022

Contract Signed

Rhode Island Association of REALTORS® #1266659

Sep 21, 2021

Permanently Off Market

Rhode Island Association of REALTORS® #1266657

Sep 7, 2021

Sold

Rhode Island Association of REALTORS® #1266658

$16,000,000
Sep 6, 2021

Contract Signed

Rhode Island Association of REALTORS® #1266658

Sep 3, 2021

Sold (Public Record)

Public Record #1471758519

$16,000,000
Oct 9, 2020

Listed (Active)

Rhode Island Association of REALTORS® #1266658

$23,000,000
Oct 9, 2020

Listed (Active)

Rhode Island Association of REALTORS® #1266657

$35,000,000
Oct 9, 2020

Listed (Active)

Rhode Island Association of REALTORS® #1266659

$14,000,000
Sep 18, 2020

Temporarily Off Market

Rhode Island Association of REALTORS® #1196003

Jun 29, 2018

Listed (Active)

Rhode Island Association of REALTORS® #1196003

$43,500,000
Dec 10, 2015

Temporarily Off Market

Rhode Island Association of REALTORS® #1084624

Dec 5, 2014

Listed (Active)

Rhode Island Association of REALTORS® #1084624

$45,000,000
Nov 20, 2014

Temporarily Off Market

Rhode Island Association of REALTORS® #1055725

Nov 20, 2013

Listed (Active)

Rhode Island Association of REALTORS® #1055725

$45,000,000
Oct 28, 2004

Sold

Rhode Island Association of REALTORS® #451994

$10,300,000
Oct 28, 2004

Contract Signed

Rhode Island Association of REALTORS® #451994

Oct 28, 2004

Listed (Active)

Rhode Island Association of REALTORS® #451994

$12,000,000
DateEvent & SourcePrice
06/15/2022

Sold

Rhode Island Association of REALTORS® #1266659

$11,000,000
06/15/2022

Contract Signed

Rhode Island Association of REALTORS® #1266659

09/21/2021

Permanently Off Market

Rhode Island Association of REALTORS® #1266657

09/07/2021

Sold

Rhode Island Association of REALTORS® #1266658

$16,000,000
09/06/2021

Contract Signed

Rhode Island Association of REALTORS® #1266658

09/03/2021

Sold (Public Record)

Public Record #1471758519

$16,000,000
10/09/2020

Listed (Active)

Rhode Island Association of REALTORS® #1266658

$23,000,000
10/09/2020

Listed (Active)

Rhode Island Association of REALTORS® #1266657

$35,000,000
10/09/2020

Listed (Active)

Rhode Island Association of REALTORS® #1266659

$14,000,000
09/18/2020

Temporarily Off Market

Rhode Island Association of REALTORS® #1196003

06/29/2018

Listed (Active)

Rhode Island Association of REALTORS® #1196003

$43,500,000
12/10/2015

Temporarily Off Market

Rhode Island Association of REALTORS® #1084624

12/05/2014

Listed (Active)

Rhode Island Association of REALTORS® #1084624

$45,000,000
11/20/2014

Temporarily Off Market

Rhode Island Association of REALTORS® #1055725

11/20/2013

Listed (Active)

Rhode Island Association of REALTORS® #1055725

$45,000,000
10/28/2004

Sold

Rhode Island Association of REALTORS® #451994

$10,300,000
10/28/2004

Contract Signed

Rhode Island Association of REALTORS® #451994

10/28/2004

Listed (Active)

Rhode Island Association of REALTORS® #451994

$12,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 339 Ocean Avenue

Taxable ValueLand$5,857,800Additions$8,458,200Total$14,316,000
Tax Record2025$124,392 ($10,366 / month)
Home Facts
Beds14Baths5Total Finished SqFt19,768 SqFtAbove Grade Finished SqFt19,768 SqFtStories2Lot Size808,038 SqFtStyleSingle Family ResidenceYear Built2007ZoningR160CountyNEWPORTAPNNEWP M:043 B:0011Fireplace TypeHas Fireplace

Schools near 339 Ocean Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.