294 Ocean Avenue Newport, RI 02840

Single Family Detached MLS #: 1357862 Courtesy Of Gustave White Sotheby's International Realty

$14,000,000

4 beds | 3 baths | 1 half baths | 4,392 sq ft
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Est. Property Tax: $85,843
Estimated monthly payments: $68,353/mo.* (recalculate)

Property InformationDescription

The Playhouse" is an iconic landmark on Prices Neck Cove, a picturesque inlet of the Atlantic Ocean. Located on famed Ocean Drive this property was a collaborative effort between San Diego Architect, Irving Gill and Frederick Law Olmsted. The "Playhouse" sits on a majestic oceanfront site. Completely rebuilt, the current owners have kept this property in brand new condition. It reflects the highest specifications, materials and craftsmanship. The interior space includes an enclosed entry addition with a den and 1/2 bath. Once you walk through the original fieldstone arched doorway, you enter into a light filled, open plan kitchen-living-dining area with warm wide plank maple floors and custom mahogany windows and doors. The kitchen has a commercial grade Sub Zero refrigerator, Wolf stove, wine refrigerator and a charming pizza oven from Italy. At the other end of the great room a fieldstone fireplace anchors the living room creating a cozy atmosphere in colder weather. A second-floor master bedroom suite has 18ft. ceilings at their peak, a spa like bathroom and boasts amazing south facing views of the cove and Atlantic Ocean beyond. The landscaped grounds include a new pool/spa area with bluestone patio and surround, meticulously crafted stone walls and a deeded mooring in the Cove. There is a detached garage/ guest house includes a separate living room, cedar closet, and two bedrooms with shared bathroom on the second floor. Totally turn-key and ready for summer activities.

Features

  • Age: Over 50 Years Old
  • Amenities: Patio, Wet Bar, Water Front
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style: Cottage
  • Cooling System: Central A/C
  • Exterior Type: Masonry, Wood
  • Fireplace: Fireplace
  • Floor Covering: Hardwood
  • Heating Fuel: Natural Gas, Geothermal
  • Heating System: Baseboard, Fireplace, Forced Air, Geothermal
  • Lot Size: 0.83 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath, Half Bath

MAP & DIRECTIONS

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294 Ocean Avenue, Newport, RI 02840
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School Information

294 Ocean Avenue, Newport, RI 02840

Elementary School
Grades PK-4 | Public School
CLAIBORNE PELL ELEMENTARY SCHOOL
Newport, RI 02840
35 Dexter St
401.­842.1900
Distance: 3.9 mi
School Rating
C-
Student:Teacher Ratio
12:1
Total Students
740
Elementary School
Grades 5-8 | Public School
FRANK E. THOMPSON MIDDLE SCHOOL
Newport, RI 02840
55 Dr Marcus Wheatland Blvd
401.­847.1493
Distance: 2.8 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
582
Middle School
Grades 5-8 | Public School
FRANK E. THOMPSON MIDDLE SCHOOL
Newport, RI 02840
55 Dr Marcus Wheatland Blvd
401.­847.1493
Distance: 2.8 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
582
High School
Grades 9-12 | Public School
ROGERS HIGH SCHOOL
Newport, RI 02840
15 Wickham Rd
401.­847.6235
Distance: 1.1 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
645
Other Nearby Schools Distance Type Grades School Rating
Newport Area Career Tech Center 1.1 mi Public 9-12
St Michaels Country Day School 2.7 mi Private PK-8
Lawn Avenue School 3.6 mi Public 5-8 A-
Melrose Avenue School 3.8 mi Public PK-4 B+
Aquidneck School 4.0 mi Public PK-3
Middletown High School 4.9 mi Public 9-12 C
Joseph Gaudet Academy 5.2 mi Public 4 C+
Joseph H. Gaudet School 5.2 mi Public 5-8 A-
All Saints Academy 5.3 mi Private PK-8
Forest Avenue School 5.4 mi Public KG-3
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newport, RI 02840

Median Age: 39.8
Married: 34%
Number of Households: 10,637
Households with Children: 20.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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