StatusAccepting Backup Offers (Active Under Contract)
About 71 Prospect Hill St
Stunning fully renovated five-bedroom 5.5 bath home located in the heart of Historic Hill. Exquisitely furnished and equipped for immediate occupancy. This recently completed renovation by Davies and Levy Custom Builders includes custom mahogany windows throughout, new walk-out lower level with full-windows features a kitchenette, double washer/dryer, full-bathroom and private entrance. Main floor features a large open living area, dining area and eat-in-kitchen. Main floor Butler's Pantry and Powder Room are tucked behind a set of secret doors. Second floor features three ensuite bedrooms, including a large Master Suite with two closets, large bathroom with another laundry. Top floor features two large bedrooms with a Jack & Jill Bathroom. Backyard and side entrance are custom multi-level paver patios and new fence. Front porch is a private oasis for relaxing two off-street parking spots plus an attached garage. Great central location to all downtown Newport has to offer!
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1900
Stories: 4
Living Area: 3,652 SqFt
Listing Office:
Office Name: Vanderbilt International Prop.
Office Phone: (401) 619-3333
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
Basement: Yes
Flooring Type: Ceramic Tile, Hardwood
Interior: Dry Bar, Stall Shower, Tub Shower, Furnished, Cable TV
Fireplace: Gas, Stone
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 5
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Waterfront: Waterfront
Exterior: Porch, Patio, Barbecue
Parking Information:
Attached Garage: No
Parking: Detached, Garage
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Electric, Forced Air, Zoned
Cooling: Ductless, Heat Pump, Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $3,625,000
Price Per SqFt: $993/SqFt
Tax Information:
Annual Amount: $5,954
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport, RI.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school1.66 miles
Public District Grades PK-4
5
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school2.89 miles
Public District Grades 4-4
7
/10
Melrose Avenue School
76 Melrose Ave
Distance between this listing and this school3.70 miles
Public District Grades PK-4
Nearby Schools
3
/10
Frank E. Thompson Middle School
55 Dr Marcus Wheatland Blvd
Distance between this listing and this school0.48 miles
Public District Grades 5-8
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school2.89 miles
Public District Grades 5-8
8
/10
Lawn Avenue School
55 Lawn Ave
Distance between this listing and this school3.57 miles
Public District Grades 5-8
Nearby Schools
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school1.23 miles
Public District Grades 9-12
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school2.62 miles
Public District Grades 9-12
7
/10
North Kingstown High School
150 Fairway Dr
Distance between this listing and this school8.60 miles
The neighbors living near this home have an average income of $71,642. Most Newport, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically 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.
What are the common housing types 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 are the advantages of living 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.
Are essential services in Newport, RI convenient?
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.
How do Newport, RI residents get around?
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 71 Prospect Hill St
What is the listing price of this property?
The listing price of 71 Prospect Hill St property is $3,625,000.
What type of property is this?
The property 71 Prospect Hill St is a house located in Newport, Rhode Island, 02840.
Is this property for sale now?
Accepting Backup Offers: 71 Prospect Hill St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,954 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 71 Prospect Hill St has 5 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 71 Prospect Hill St is 3,652 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 71 Prospect Hill St is 1900.
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This home is located at 71 Prospect Hill St in Newport, RI and zip code 02840. This 3,652 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $3,625,000.
Over 6 listings were sold over their listed price in October 2024 in Newport, RI. In the same period over 10 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Newport, RI increased by 1% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $896,500.
From Rocket Homes Real Estate and based on county public records data.
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