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Backup Offers

61 Ledge Rd Unit H, Newport, RI, 02840

$1,625,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,871 SqFt
$869/SqFt
Condo

Location

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61 Ledge Rd Unit H, Newport$1,625,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, No Garage
Year Built1922
HeatingBaseboard, Natural Gas, Heat Pump
CoolingDuctless, Heat Pump, Single Unit
BasementYes
WaterfrontBeach, Ocean Front, Water Access, Waterfront
FireplaceNone
ViewWater
MLS #1372762
StatusAccepting Backup Offers
(Active Under Contract)

About 61 Ledge Rd Unit H

Perched within one of Newport's most distinguished historic estates, masterfully designed by celebrated architect John Russell Pope, this residence enjoys an enviable location on exclusive Ledge Road. Positioned just off Bellevue Avenue, between the renowned Cliff Walk and Baileys Beach, it combines seclusion with easy access to Newport's vibrant lifestyle. Enter through a manicured courtyard with perennial flower beds and a designated bluestone patio for exceptional outdoor enjoyment. Inside reveals a sophisticated, open floor plan filled with natural light, blending timeless architectural character with comfort. The spacious living area flows seamlessly, enhanced by coastal views, with a separate first-floor entrance for convenient storage of essentials. Two elegantly proportioned bedrooms each feature en-suite bathrooms and organized closet space, positioned along a private corridor for a retreat-like atmosphere. Every room captures serene ocean views and refreshing sea breezes. Adding to the allure, a charming loft offers versatile space ideal for a home office, fitness area, or additional guest accommodations, with a half bath nearby. The property includes two designated parking spaces within this secure, gated coastal estate and additional private storage in the basement.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2
  • Living Area: 1,871 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Permanent Attic Stairs, Skylights, Stall Shower, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front, Water Access, Waterfront
  • View: Water
  • Exterior: Patio, Sprinkler/Irrigation, Paved Driveway

Parking Information:

  • Parking: Assigned, No Garage

Virtual/3D Tour

  • 3D Tour: 61 Ledge Rd Unit H
3D Tour

Lot Features

Lot Information:

  • Lot: Private, Paved, Secluded, Sprinklers, Waterfront

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Heat Pump
  • Cooling: Ductless, Heat Pump, Single Unit

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,625,000
  • Price Per SqFt: $869/SqFt

HOA Fees:

  • Amount: $1313
  • Frequency: Monthly
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Housing Market Comparison

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

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Newport, RI

City

Med. Sold Price

$898K

Med. Price/SqFt

$592

Avg. Days On Market

33

# of Sold Homes

16

61 Ledge Rd Unit H vs Newport

32 DAYS ON ROCKET

-1 Day

$1,625,000

+$727K More

$869/SqFt

+$277 More

KEY TAKEAWAY

This property is $727K more than the Median Sold Price and $277/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: #1372762

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: 12/18/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,491

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,938

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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-4475425
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 3.92 miles

  • Public District Grades PK-4

school-card-donut-4475426
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 4.92 miles

  • Public District Grades PK-4

school-card-donut-4475427
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 4.93 miles

  • Public District Grades 4-4

All data from GreatSchools

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. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

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.

Types of housing 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.

What is it like to live in Newport, RI?

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.

Is it easy to get around Newport, RI without a car?

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.

Transportation in Newport, RI.

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 61 Ledge Rd Unit H

What is the listing price of this property?

The listing price of 61 Ledge Rd Unit H property is $1,625,000.

What type of property is this?

The property 61 Ledge Rd Unit H is a condo located in Newport, Rhode Island, 02840.

Is this property for sale now?

Accepting Backup Offers: 61 Ledge Rd Unit H 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 61 Ledge Rd Unit H has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 61 Ledge Rd Unit H is 1,871 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 61 Ledge Rd Unit H is 1922.

Rocket Homes›Rhode Island›Newport County›Newport›02840›61 Ledge Rd Unit H

This home is located at 61 Ledge Rd Unit H in Newport, RI and zip code 02840. This 1,871 square foot home was built in 1922. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,625,000.

In November 2024 more than 6 listings in Newport, RI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. Between October 2024 and November 2024, Newport, RI real estate market has seen decrease in the number of listings by 4.3%. The median list price of listings available in November 2024 was $898,000, while the average time on the real estate market was 33 days.

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

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