ParkingAttached, Built In, Garage, Garage Door Opener
Attached GarageYes
Year Built2022
HeatingForced Air, Other, Propane, Radiant, Zoned
CoolingCentral Air
BasementYes
WaterfrontWaterfront
FireplaceGas
ViewWater
MLS #1373132
Lot Size0.94 Acres
StatusAccepting Backup Offers (Active Under Contract)
About 483 Vanderbilt Ln
This stunning newly constructed Nantucket-style home blends classic coastal charm with modern luxury. Set on an expansive acre of land abutting open space for unparalleled privacy and natural beauty. Designed to take full advantage of its location, the home boasts breathtaking 180-degree ocean views and glorious sunrises visible from nearly every room. The kitchen includes leathered quartz countertops on a spacious, oversized island, top-of-the-line appliances and custom cabinetry. Walk outside to your fully fenced salt water pool, hot tub and outdoor kitchen with heaters for year round entertaining. Glass and steel office overlooking the water is ideal for work from home. A wellness oasis on the lower level includes a home gym with rubberized floors, full bath, infrared sauna and cold plunge. A spacious 3-car garage completes the home with an epoxy floor finish, sleek built-ins and Tesla charging station. Short stroll or golf cart ride to beaches, parks and the beautiful Newport Polo Grounds. 8 miles downtown from Newport.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 2022
Stories: 3
Living Area: 5,748 SqFt
Listing Office:
Office Name: Mott & Chace Sotheby's Intl.
Office Phone: (401) 789-8899
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
Basement: Yes
Flooring Type: Ceramic Tile, Hardwood, Marble
Interior: Attic, Wet Bar, Bathtub, Tub Shower, Jetted Tub, Cable TV
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.7K
Per Month
Principal & Interest
$24.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.9K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Melville Elementary School
1351 W Main Rd
Distance between this listing and this school1.89 miles
Public District Grades KG-4
10
/10
Hathaway Elementary School
53 Tallman Ave
Distance between this listing and this school3.57 miles
Public District Grades KG-4
5
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school3.73 miles
Public District Grades 4-4
Nearby Schools
8
/10
Portsmouth Middle School
125 Jepson Ln
Distance between this listing and this school2.34 miles
Public District Grades 5-8
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school3.73 miles
Public District Grades 5-8
7
/10
Wilbur and McMahon School
28 Commons
Distance between this listing and this school5.22 miles
Public District Grades PK-8
Nearby Schools
7
/10
Portsmouth High School
120 Education Ln
Distance between this listing and this school3.30 miles
Public District Grades 9-12
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school4.00 miles
Public District Grades 9-12
6
/10
Tiverton High School
100 N Brayton Rd
Distance between this listing and this school5.91 miles
The neighbors living near this home have an average income of $135,054. Residents of Portsmouth, RI typically earn between $100k-200k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Portsmouth, 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.
Types of housing in Portsmouth, RI.
Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.
What is it like to live in Portsmouth, RI?
Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.
Is it easy to get around Portsmouth, RI without a car?
The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.
Transportation in Portsmouth, RI.
Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.
Frequently Asked Questions About 483 Vanderbilt Ln
What is the listing price of this property?
The listing price of 483 Vanderbilt Ln property is $4,950,000.
What type of property is this?
The property 483 Vanderbilt Ln is a house located in Portsmouth, Rhode Island, 02871.
Is this property for sale now?
Accepting Backup Offers: 483 Vanderbilt Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How many bedrooms and bathrooms does this property have?
The property at 483 Vanderbilt Ln has 4 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 483 Vanderbilt Ln is 5,748 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 483 Vanderbilt Ln is 2022.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 483 Vanderbilt Ln in Portsmouth, RI and zip code 02871. This 5,748 square foot home, which was built in 2022, sits on a 0.94 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 23, 2024 and is currently priced at $4,950,000.
In November 2024 more than 4 listings in Portsmouth, RI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. The number of listings in Portsmouth, RI decreased by 12.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 15 days, the median list price was $659,000.
From Rocket Homes Real Estate and based on county public records data.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Express/Express For Men
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information