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55 Hunter Avenue Newport

$2,400,000
5 4.5 3,517 sq ft

The Property

Step into the elegance of Victorian architecture with this beautifully maintained home, historically known as “Armistead Cottage.” Located in the heart of the sought-after Kay-Catherine neighborhood of Newport, Rhode Island, this property has been used as a successful Bed and Breakfast for over 25 years. The initial focus of the house as you enter is a spacious front porch that sets the tone for the entire home. The interior encapsulates the Victorian charm of yester year with modern updated amenities. There are 8 fireplaces throughout the house.

A first floor entertainment center or primary bedroom suite with deck was added in 2007. There are 4 bedrooms on the second floor, each boasting a working fireplace and ensuite, updated baths for a blend of comfort and classic charm. A top floor 2 bedroom apartment includes a private entrance and provides excellent income potential or use as an in-law apt. Most of the furnishings are available to the prospective Buyer. Lots of antiques and charming collections. Whether you’re looking to continue its legacy as a B&B, or make it your private sanctuary, Armistead Cottage is a gem waiting to be discovered.

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Listing Details

MLS Number

1381177

Lot Size:

0.18 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Common, Storage Space, Utility
  • Hospital
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Fireplace: Brick, Gas Insert
  • Heating: Natural Gas, Forced Air, Gas Connected
  • Heating Fuel: Natural Gas, Forced Air, Gas Connected
  • Garage: 1
  • Fenced
  • Out Building
  • Paved Driveway
  • Sidewalks
  • Sprinklers
  • Type: Victorian
  • Year Built: 1865
  • Water Amenities: Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today27-96.6% decrease in inventory
    New on Market *1550% increase in new listings
    Avg. Asking Price/Sq.Ft. *$967.82$276 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,463,069$506,881 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *103.62%11.4% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$714.67$115 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5543 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

    $1,768,000

    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 William Raveis Inspire

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