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50 Old Beach Road, Unit#8 Newport

$550,000
1 1.1 766 sq ft

The Property

Discover timeless elegance at 50 Old Beach Road, #8, in Historic Belair. Built in 1850 as a summer house for New York oil baron H. Allen Wright, this grand estate showcases exquisite architectural details both inside and out. Originally constructed in the Italianate style with roughly dressed stone, the property was expanded and renovated in 1867 by renowned Newport architect Dudley Newton after being sold to George Henry Norman.

This first-floor, single-level condominium is a perfect pied-à-terre in one of Newport’s best locations. Walk to Bellevue Avenue’s vibrant shops and restaurants, the historic Redwood Library, and The Newport Art Museum. The 1-bedroom, 1.5-bath unit offers unparalleled character and formerly served as the estate’s billiards room. The condo exudes warmth with its mahogany paneled walls, 13′ coffered wooden ceilings, and abundant natural light from large pane windows on the north and east sides. Original details such as oversized doors, ornate woodwork, and hardwood floors add to the unit’s historic allure. Modern amenities include Fujitsu Mini-split systems in the living room and bedroom for efficient heating and cooling. A private entrance with adjacent parking completes this unique offering. Embrace the rich history, convenience, and serenity of living at Belair. This exceptional condo offers the perfect blend of historic charm and modern convenience in the heart of Newport.

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Listing Details

MLS Number

1361792

Features

  • Basement: Full
  • Brick
  • Masonry
  • Other Siding
  • Fireplace: Wood Frame
  • Heating: Heat Pump
  • Heating Fuel: Electric
  • Laundry
  • Type: One Level
  • Year Built: 1880

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Market Trends for Condos
in Newport

  • Overview
    Homes for Sale Today27-93.8% decrease in inventory
    New on Market *18100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$764.22$85 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$905,375$148,775 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.26%-3.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$683.34$10 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5816 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 RE/MAX Results

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