2 years on rocket

320 Harrison Ave, Newport, RI, 02840

$13,250,000

5 Bedrooms
7 Full Baths, 2 Partial
7,640 SqFt
$1,734/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Built In, Detached, Garage, Garage Door Opener
Attached GarageYes
Year Built2003
HeatingOil, Radiant
CoolingCentral Air
BasementYes
WaterfrontWaterfront
FireplaceGas
ViewWater
MLS #1315053
Lot Size14.85 Acres
StatusActive

About 320 Harrison Ave

Sweeping ocean views await from this spectacular, seaside, gated compound. Extraordinary construction and finishes with absolute privacy. Water views from nearly every room in the residence, including the living room, elegant dining room with wet bar, gourmet kitchen and most bedrooms. Enjoy all the comforts of well-designed space. Amenities include top-of-the-line Wolf and Subzero appliances. and a spacious attached radiant heated, brick floor, two-car garage. Outside an inviting wrap around patio with firepit and gas grill, take advantage of the private oasis and glorious views. A charming and convenient 1,684 square foot, four-room, one-bedroom guest cottage and a separate four-bay garage/carriage house with radiant heated brick floors, a gardener's dream potting shed and ample storage on two levels, round out the estate buildings. This rare and special property is sited between the Newport Country Club and acres of protected open space overlooking the Atlantic Ocean.

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Stories: 2
  • Living Area: 7,640 SqFt

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Water Heater, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Wet Bar, Bathtub, Cedar Closet(s), Stall Shower, Tub Shower, Central Vacuum
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Porch, Patio, Paved Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Built In, Detached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 14.85 Acres

Utilities

Utilities Information:

  • Heating: Oil, Radiant
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $13,250,000
  • Price Per SqFt: $1,734/SqFt

Tax Information:

  • Annual Amount: $106,993
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport, RI.

Med. Sold Price

$896.5K

Med. Price/SqFt

$587

Avg. Days On Market

40

# of Sold Homes

23

320 Harrison Ave vs Newport

863 DAYS ON ROCKET

+823 Days

$13,250,000

+$12.3M More

$1,734/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $12.3M more than the Median Sold Price and $1.1K/SqFt more than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1315053

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

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.
Last updated on: 11/17/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 22, 2014Home Sold
$12,000
Dec 02, 1997Home Sold
$785,000

Tax History

YEARPROP. TAXASSESSMENT
2021$106,993$11,467,600
2020$111,830$10,878,400
2019$111,830$10,878,400
2018$108,675$10,878,400
2017$121,366$10,826,600

History based on county public records data.

Payment Calculator

$66.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$39.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-586406
7
/10
  • Melrose Avenue School

  • 76 Melrose Ave

  • 3.53 miles

  • Public District Grades PK-4

school-card-donut-586407
4
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 4.23 miles

  • Public District Grades PK-4

school-card-donut-586408
5
/10
  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 5.59 miles

  • Public District Grades 4-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,571. The majority of Newport, RI residents have income between $100k-200k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Newport, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Newport, RI?

Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.

Is Newport, RI a good place to live?

Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.

Are things conveniently located in Newport, RI?

The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.

What does the transportation in Newport, RI look like?

Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.

Frequently Asked Questions About 320 Harrison Ave

What is the listing price of this property?

The listing price of 320 Harrison Ave property is $13,250,000.

What type of property is this?

The property 320 Harrison Ave is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 320 Harrison Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $106,993 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 22, 2014 for $12,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 320 Harrison Ave has 5 bedrooms and 7 full and 2 half bathrooms.

What is the square footage of this property?

The property 320 Harrison Ave is 7,640 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 320 Harrison Ave is 2003.
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Rocket HomesRhode IslandNewport CountyNewport02840320 Harrison Ave

This home is located at 320 Harrison Ave in Newport, RI and zip code 02840. This 7,640 square foot home, which was built in 2003, sits on a 14.85 acre lot. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since July 09, 2022 and is currently priced at $13,250,000.

Newport, RI housing market in October 2024 saw over 6 listings sold above listed price, more than 7 sold at listed price and over 10 sold below. The inventory of homes for sale in Newport, RI between September 2024 and October 2024 increased by 1%. In October 2024 median list price was $896,500 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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