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162 Rhode Island Avenue, Newport, RI 02840

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For Sale

$2,995,000

5 beds • 5 baths • 3,548 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $844.14
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Private and bucolic, TULIPWOOD is a remarkable 5-bedroom, 4.5-bath INDOOR-OUTDOOR home on a large HALF-ACRE property once part of the original Gibbs Estate in Newport s prized Kay/Catherine neighborhood. This romantic block, once referred to as LOVER S LANE, is especially scenic, lined with fieldstone walls, specimen trees and storied architecture, and this Top-of-the-Hill location is a quick jaunt to Newport Harbor and a stone s throw to the Atlantic Ocean at Easton s Beach and the Cliff Walk; an easy walk to Bellevue Avenue cafes, shops, tennis, and farmer s market. On arrival, the CIRCULAR DRIVEWAY provides a grand sense of arrival to lush grounds with beautiful flowers, mature shrubs and sprawling lawn. This beautifully organized OPEN CONCEPT layout retains several charming interior details, with reclaimed barn BEAMS and marble FIREPLACE mantel. The sunny and airy 1st floor has a wonderful great room with dining area and open kitchen - with French Doors opening out to an INVITING MAHOGANY DECK leading to a most private backyard for entertaining, gardening, and sports. Another wing features a discreet entrance, its own half bath, bedroom, kitchenette and stone patio - a perfect in-law, guest suite, art studio or home office. The second floor has wonderful treetop views in every direction, with four bedrooms, three baths (two are en-suite) and ample closets. The lower level offers a comfortable recreation room or guest suite with its own bath. A TRUE IN-TOWN PARADISE!
MLS# 1368461

Courtesy Of Gustave White Sotheby's International Realty

(401) 849-3000

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Dock, Patio, Sky light
  • Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Cottage
  • Floor Covering
    Carpet, Hardwood, Laminate, Tile, Tile - Ceramic
  • Heating System
    Baseboard, Heat Pump, Zoned
  • Lot Size
    0.5 Acres

Map and Directions

Directions to 162 Rhode Island Avenue, Newport, RI 02840

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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