352 Spring Street Newport

$4,500,000
10 11 6,348 sq ft

The Property

Presenting the Samuel Durfee House. A once in a lifetime opportunity to own an iconic property and hospitality asset in the heart of downtown Newport. Located in the Yachting Village, this rare and unique offering includes three distinct buildings on a large land footprint for this neighborhood. At its center is 352 Spring Street, an English Federal Period inn built in 1803 featuring five historically appointed guest rooms and a rare Transient Guest Facility license, allowing for legal short term rentals.

Also included is an exceptional three bedroom, three and one half bath barn residence, meticulously restored and recognized with a Doris Duke Historic Preservation Award in 2016, along with 9 Bowery Court, a charming two bedroom, one and one half bath cottage situated on its own separately taxed parcel. Lovingly maintained over the past 28 years, the property has benefited from substantial investments in its systems, mechanicals, exterior components, and curated preservation of the buildings. The Samuel Durfee House is also not subject to Historic District Commission review for any exterior alterations. With off street parking for 10+ vehicles, including an attached single-car garage, and an unrivaled location just moments from Bellevue Avenue, the Tennis Hall of Fame, Newport Mansions, shops/bars/restaurants on Thames Street, Newport Harbor, and the city’s renowned waterfront, this is a truly exceptional offering unlike anything else on the market.

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Listing Details

MLS Number

1416536

Lot Size:

0.24 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Marina
  • Recreational Facilities
  • Restaurants
  • Shopping
  • Near Swimming
  • Tennis
  • Balcony
  • Patio
  • Screened Pch/Patio/Dck/Brzwy
  • Fireplace: Brick, Gas Insert
  • Heating: Natural Gas, Baseboard, Forced Air, Forced Water, Gas Connected, Radiant, Zoned
  • Heating Fuel: Natural Gas, Baseboard, Forced Air, Forced Water, Gas Connected, Radiant, Zoned
  • Garage: 1
  • Laundry
  • Paved
  • Year Built: 1803
  • Water Amenities: Saltwater View, Walk To Water

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today113-90.2% decrease in inventory
    New on Market *5510% increase in new listings
    Avg. Asking Price/Sq.Ft. *$1,002.19$260 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,319,890$28,069 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.50%2.6% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$788.34$42 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *651 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.

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Listed by RE/MAX Results
Phone: 401-848-7827

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