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40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport
40 - 42 Catherine Street, Newport

40 - 42 Catherine Street Newport

$2,450,000
5 4 6,556 sq ft

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The Property

PRIME NEWPORT OASIS. Hidden in plain sight, this 31,000+ square foot property is one of the largest residential parcels in the desirable Kay/Catherine neighborhood, right off Bellevue Avenue, and a stone’s throw to the Cliff Walk, Tennis Hall of Fame, Redwood Library and Newport Harbor. The property consists of 2 buildings – 40 Catherine, a 3-bedroom/2-bath house, and 42 Catherine, a charming 2-story converted barn with 2 one-bedroom apartments.

40 Catherine features a grand living room – once the office of architect George Champlin Mason – with wood-burning fireplace and tall Palladian arched windows.

A great outdoor deck and wonderful yard offer seamless indoor-outdoor living with room for entertaining al fresco. A private bedroom suite is on its own floor upstairs, while the main floor includes a large open kitchen/dining, separate dining/study, bathroom and the second and third bedrooms. A first floor garage offers an additional 1500+ sf of storage space or potential additional living area.

42 Catherine offers all the charm of an historic barn conversion with potential for family compound, rental income and/or guest accommodation. The first floor is just one step up, spanning over 1300 sf, with a huge great room, Dutch door, charming patio, wood-burning fireplace, open kitchen, laundry, bathroom, and first floor bedroom. The second floor is an additional one-bedroom apartment, rented to a long-term tenant through April 2025.

Sublime!

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Listing Details

MLS Number

1364772

Lot Size:

0.72 acres

Features

  • Wood
  • Fireplace: Wood Frame
  • Heating: Forced Water
  • Heating Fuel: Gas
  • Garage: Integral
  • Type: Other
  • Year Built: 1880

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Market Trends for Multi Family Homes
in Newport

  • Overview
    Homes for Sale Today17-92.5% decrease in inventory
    New on Market *740% increase in new listings
    Avg. Asking Price/Sq.Ft. *$493.97$8 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,058,750$444,730 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *91.04%-8.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$527.99$44 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *11130 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?

    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

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