599 Ocean Avenue Newport, RI $ 8,250,000
599 Ocean Avenue
$ 8,250,000
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599 Ocean Avenue

Newport, RI, 02840
$ 8,250,000
Bedrooms4 Baths5.1 Sq 5,424

Monthly Estimate*

$ 57,629

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Single Family Home for sale in Newport, RI

for $8,250,000 with 4 bedrooms and 5 full baths, 1 half bath. This 5,424 square foot home was built in 2001 on a lot size of 0.4752.

Enjoy the pinnacle of coastal living from the front row of Newport's famed Ocean Drive. Sunset facing, light-filled rooms have sweeping, unobstructed views of the Atlantic Ocean, breaking waves, rugged shoreline, and nautical activity. "Ocean Mist" sits on a near half-acre of lush landscaping in a setting perfect for relaxation and entertaining. It conveys with deeded rights to a private beach mere yards away. Luxurious details and amenities throughout-high ceilings, elegantly curved walls, grand staircase, 1/4 sawn hardwood flooring, handmade built-ins and cabinetry. A wood paneled elevator services 6,030 sq ft of living area that includes 4 bedrooms, 5 baths, open concept true chef's kitchen/living/dining area, 3 fireplaces and great room w/ 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. 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. Gated entrance, heated three car garage, paver driveway w/ ample parking and exceptional mechanicals make Ocean Mist a joy to own.

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Single Family Active

Price

$ 8,250,000

Bedrooms

4

Full Bath

5

Half Bath

1

Property Type

Single Family

Taxes

$ 40,869

Style

Contemporary

Lot Size

0.4752

Year Built

2001

Town/City

Newport

County/Region

Newport

MLS | Web ID

1355278

Features
General
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 N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Subdivision Name Castle Hill/Ocean Drive
Garage Y/N Y
Total Rooms 7
Status Active
City Newport
Buyer Agent Compensation 2.5% VNS
View Y/N Y
Senior Community Y/N N
Lot Size Square Feet 20700.0
Waterfront Y/N N
Carport Y/N N
Street Name Ocean
Spa Features HotTub
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 40869.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/599-Ocean-AV-Newport-RI-02840
Days on Market 14
Standard Status Active
Tax Assessed Value 7448900
Tax Lot 071
Property Sub Type Additional SingleFamilyResidence
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Interior
Basement Partial PartiallyFinished WalkOutAccess
Flooring CeramicTile Hardwood Marble
Total Fireplaces 3
Fireplace Features Gas
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Skylights StormWindows ThermalWindows
Fireplace Y/N Y
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 N
Total Baths 6
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Exterior
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 Y
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 N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 599
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* Excluded Features
List By
Lila Delman Compass

Broker

anne.burns@liladelman.com

Email

Affordability Calculator

$61,034
Per Month
94%
6%
0%
Monthly Principal & Interest
$57,629
Monthly Property Taxes
$3,406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$8,250,000 Listed Price

Map


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599 Ocean Avenue, Newport, RI, 02840 is a Single Family Home for sale at $8,250,000 with 5,424 sqft and a lot size of 0.4752. 599 Ocean Avenue has 4 bedrooms, 5.1 baths, and was built in 2001. The property's zip code is 02840 which is in Newport, RI