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37 Powel Avenue Newport

$2,000,000
6 6 4,255 sq ft

The Property

Orignially built in 1892 as a guest house for the Naval War College and in 2022 this home underwent an extensive renovation top to bottom with quality materials and thoughtful design. Uniquely equipped to accommodate a variety of living arrangements, the property holds a legal guest-house license and has garnered 100% 5-star reviews providing an excellent opportunity for rental income. Can be purchased as a furnished/turnkey property. Six bedrooms and six bathrooms including a third-floor legal in-law unit that can be repurposed as a guest suite/office.

The owners planned this reconstruction as a long term investment and while honoring the home’s original aesthetics they introduced state-of-the art features; modern systems include advanced HVAC, new electrical & plumbing systems, Marvin windows, electric car charger, conduit for future solar, and a hotel grade fire suppression system. Gourmet kitchens, elegant bathrooms, bamboo flooring, custom carpentry, second floor laundry, and a fabulous tree house style sitting room. Historical charm radiates through detailed woodwork, antique stained glass windows, restored pocket door, gas fireplaces, and wraparound porch with a balcony. Built for enjoying outdoor living with a fenced backyard, hazelnut trees, and two outdoor showers. Detached 2-car garage has space for bikes and surfboards. Unparalleled flexibility and potential in Newport’s vibrant community within walking distance to dining, shopping, and an easy coastal lifestyle.

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Listing Details

MLS Number

1359296

Lot Size:

0.15 acres

Features

  • Basement: Full
  • Balcony
  • Clapboard
  • Insulated Glass Windows
  • Patio
  • Porch
  • Wood
  • Fireplace: Brick,Gas
  • Heating: Central Air, Forced Air, Gas Connected, Heat Pump, Zoned
  • Heating Fuel: Gas
  • Garage: Detached
  • Laundry
  • Fenced
  • Sidewalks
  • Type: Up/Down
  • Year Built: 1900
  • Water Amenities: Walk to Salt Water, Walk To Water

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