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127 Harrison Avenue, Unit#6 Newport

$1,505,000
2 2 1,597 sq ft

The Property

Own a rare piece of gilded age splendor with this luxurious penthouse in a stone castle turret. Gaze at one of the most breathtaking Newport harbor views. Live in one of the exclusive condominiums that comprise ‘Beechbound’, a 17,000 sq ft Manor House designed in 1895 by famed architectural firm Peabody & Stearns for iron tycoon William Fletcher Burden. This unique unit features a private 500 sq ft teak rooftop deck, a 15 ft dome living room ceiling and a woodburning fireplace.

This is a turn key property that includes all furnishings. Modern conveniences include central AC, stainless steel appliances, granite countertops, ample storage and 2 assigned parking spaces. Enjoy access to a spectacular two story grand entrance hall, a stone loggia with a community grill, and dining areas perfect for watching the sunset over Brenton Cove. This gated property contains 3.77 impeccably maintained acres of Olmstead designed grounds featuring magnificent beech trees, rolling greens, a private beach, a boathouse for small watercraft storage and a stone pier. Take the water taxi to Goat Island and downtown Newport throughout the summer. Life is a ‘beech’ at this exquisite harborside hideaway minutes from restaurants/shops, beaches, golf course, marinas and museums. Make Newport, one of the most magical seaside destinations in America, your secret getaway or enjoy it year-round.

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Listing Details

MLS Number

1328653

Lot Size:

3.77 acres

Features

  • Basement: Full
  • Breezeway
  • Deck
  • Masonry
  • Patio
  • Storm Window
  • Wood
  • Fireplace: Brick
  • Heating: Baseboard, Gas Connected, Zoned
  • Heating Fuel: Gas
  • Laundry
  • Fenced
  • Paved Driveway
  • Private Compound
  • Sprinklers
  • Waterfront
  • Waterview
  • Type: Town House
  • Year Built: 1895
  • Water Amenities: Access, Beach, Dock, Saltwater Front, Saltwater View, Walk to Salt Water, Walk To Water

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Market Trends for Condos
in Newport

  • Overview
    Homes for Sale Today15-96.3% decrease in inventory
    New on Market *8100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$549.78$555 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,163,750$634,393 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.43%-1.3% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$574.68$44 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *281208 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Teri Degnan RE & Consulting

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