5 Hammersmith Road Newport

$5,000,000

8 6.1 6,306 sq ft

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The Property

Moorland Lodge-Historic estate on 13.64 acres Ocean Drive area, abuts Newport Country Club, pastoral setting. Impeccably renovated 6300 sf/8 bdm house, plus 2 bed gst cottage & 2 bed garage apt. Includes separate 3.75 acre lot. See MLS 937289.

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Market Trends for Single Family Homes
in Newport

Overview

Homes for Sale Today	34	-95.1% decrease in inventory
New on Market *	23	9.5% increase in new listings
Avg. Asking Price/Sq.Ft. *	$722.47	$68 decrease in List Price/Sq.Ft.
Avg. Sale Price *	$1,177,071	$444,207 decrease in Avg. Sale Price
Avg. Sale Price as % of Asking Price *	97.97%	5.8% increase in Sales to List Price
Avg. Sale Price/Sq.Ft. *	$627.44	$160 decrease in Sale Price/Sq.Ft.
Avg. Days on Market of Sold *	79	7 increase in days on market