fbpx

162 Rhode Island Avenue Newport

$2,995,000
5 5 3,548 sq ft

The Property

Private and bucolic, TULIPWOOD is a remarkable 5-bedroom, 4.5-bath INDOOR-OUTDOOR home on a large HALF-ACRE property once part of the original Gibbs Estate in Newport’s prized Kay/Catherine neighborhood. This romantic block, once referred to as LOVER’S LANE, is especially scenic, lined with fieldstone walls, specimen trees and storied architecture, and this “Top-of-the-Hill” location is a quick jaunt to Newport Harbor and a stone’s throw to the Atlantic Ocean at Easton’s Beach and the Cliff Walk; an easy walk to Bellevue Avenue cafes, shops, tennis, and farmer’s market. On arrival, the CIRCULAR DRIVEWAY provides a grand sense of arrival to lush grounds with beautiful flowers, mature shrubs and sprawling lawn. This beautifully organized OPEN CONCEPT layout retains several charming interior details, with reclaimed barn BEAMS and marble FIREPLACE mantel.

The sunny and airy 1st floor has a wonderful great room with dining area and open kitchen – with French Doors opening out to an INVITING MAHOGANY DECK leading to a most private backyard for entertaining, gardening, and sports. Another wing features a discreet entrance, its own half bath, bedroom, kitchenette and stone patio – a perfect in-law, guest suite, art studio or home office. The second floor has wonderful treetop views in every direction, with four bedrooms, three baths (two are en-suite) and ample closets. The lower level offers a comfortable recreation room or guest suite with its own bath. A TRUE IN-TOWN PARADISE!

Read more

Contact Associate

Listing Details

MLS Number

1376883

Lot Size:

0.50 acres

Features

  • Basement: Full, Interior and Exterior, Partially Finished, Living Room, Office, Playroom, Storage Space, Utility, Workout Room
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Patio
  • Fireplace: Marble, Wood Frame
  • Heating: Electric, Oil, Baseboard, Forced Water, Heat Pump, Zoned
  • Heating Fuel: Electric, Oil, Baseboard, Forced Water, Heat Pump, Zoned
  • Garage: 1
  • Type: Cottage
  • Year Built: 1981
  • Water Amenities: Walk to Salt Water, Walk To Water

See more features

Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today27-96.6% decrease in inventory
    New on Market *12-7.7% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$1,064.88$302 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,618,250$415,800 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.61%8.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$671.08$58 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5849 decrease 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?

    Contact Us

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

Listed by Gustave White Sotheby's Realty

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!