Address
599 Ocean Avenue, Newport, RI
Price
$ 7,500,000
Property Attributes
  • MLS#1355278
  • TypeSingle Family
  • CountyNEWPORT
  • CityNewport
  • NeighborhoodCastle Hill-Ocean Drive
  • Zip02840
  • StyleContemporary
  • Year Built2001
  • Taxes$ 40869
  • Price$ 7,500,000
  • Bedrooms4
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5424
  • Lot Size0.4752 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Enjoy this summer season from the front row of Newport's famed Ocean Drive in this newly priced coastal showstopper! "Ocean Mist" sits on a near half-acre of lush landscaping and conveys with deeded rights to a private beach a few steps away. Curated outdoor space has custom stonework, large private pergola-covered deck w/ trellis, awning, kitchen, and mahogany bar perfect for coffee or cocktails. The travertine patio is gas plumbed with spa, shower, waterfall, and koi pond. Built for both relaxation and entertaining, the sunset facing, light-filled rooms have sweeping, unobstructed views of breaking waves against the rugged Atlantic Ocean shoreline, and plenty of nautical activity. Luxurious amenities throughout: grand staircase, high ceilings, elegantly curved walls, hardwood flooring, handmade built-ins and cabinetry. A wood paneled elevator services all levels. 4 bedrooms, 5 baths, open concept true chef's kitchen/living/dining area, 3 fireplaces and great room with full wet bar and covered porch. The primary suite has incredible ocean views, 2 full baths, sitting room, and cupola for meditation or exercise. Large ensuite bedrooms have vaulted ceilings, ocean view porch and balcony. A sunny walk out lower level is designed to customize as a private guest room with bath, live-in suite, gym, entertainment area, or exceptional home office. A gated entrance, heated three car garage, paver driveway w/ ample parking and exceptional mechanicals make Ocean Mist a joy to own.

Price History
3/28/2024 Listed $8,250,000
5/17/2024 10% - $7,500,000

General Features

Interior Features Attic,WetBar,CedarClosets,CathedralCeilings,PermanentAtticStairs,Skylights,CentralVacuum,Elevator,CableTV
Sewer SepticTank
Heating Gas,Radiant,Zoned
Cooling HeatPump,CentralAir
Utilities UndergroundUtilities
Possession Negotiable
Appliances Dryer,Dishwasher,ExhaustFan,Disposal,GasWaterHeater,Microwave,Oven,Range,Refrigerator,RangeHood,TrashCompactor,WaterHeater,Washer
Exterior Features Balcony,Deck,Porch,Patio,Barbecue,SprinklerIrrigation,PavedDriveway
Zoning R40A
Garage Spaces 3.0
Patio/Porch Features Balcony,Deck,Patio,Porch
Architectural Style Contemporary
Security Features SecuritySystemOwned
Construction Materials Plaster,Clapboard,Masonry,ShingleSiding,WoodSiding
Year Built 2001
Electric Item110Volts,Item200AmpService,CircuitBreakers,Item220Volts
View Saltwater,Water
Stories 3
Levels ThreeOrMore
Property SubType SingleFamilyResidence
Tax Year 2023
Waterfront Features BeachAccess,WaterAccess,WalktoWater
Community Features Golf,Marina,NearSchools,RecreationArea,Restaurant,Shopping,TennisCourts
Accessibility AccessibilityFeatures,AccessibleElevatorInstalled
County Newport
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name Castle Hill/Ocean Drive
Garage Y/N Yes
Total Rooms 7
Status Active
City Newport
View Y/N Yes
Senior Community Y/N No
Lot Size Square Feet 20700.0
Waterfront Y/N No
Carport Y/N No
Street Name Ocean
Spa Features HotTub
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 40869.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://tour.RiLiving.com/599-Ocean-AV-Newport-RI-02840
Days on Market 51
Standard Status Active
Tax Assessed Value 7448900
Tax Lot 071
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No

Interior Features

Basement Partial,PartiallyFinished,WalkOutAccess
Flooring CeramicTile,Hardwood,Marble
Total Fireplaces 3
Fireplace Features Gas
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Skylights,StormWindows,ThermalWindows
Fireplace Y/N Yes
Above Grade Finished Area 5424.0
Full Baths 5
Half Baths 1
Street Suffix Avenue
Total Bedrooms 4
Below Grade Finished Area 0.0
Electric On Property Y/N No
LivingAreaSource Builder
Total Baths 6

Exterior Features

Parking Features BuiltIn,GarageDoorOpener
Lot Features CornerLot,SprinklerSystem
Water Source Connected,Public
Total Parking 8.0
Inclusions Full time Newport resident tax deduction of $1,108 applied. Non-resident tax is $41,977. Architectural drawings show square footage of home is 5,424,prior to the installation of the elevator. Seller
Lot Size Area 20700.0
Foundation Details ConcretePerimeter
Spa Yes
Building Area Total 5424.0
Lot Size Acres 0.4752
Frontage Length 286
Lot Size Units SquareFeet
Covered Spaces 3.0
Door Features StormDoors
Other Equipment Intercom,SatelliteDish
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02840

Price
AVG $9M
$7.5M
Taxes
AVG $66,510
$40,869
Visits
AVG 1806
205
Data Provided by Inside Real Estate®
Year Built
AVG 1924
2001

Areas We Cover