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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school3.91 miles
Public District Grades PK-4
Middle School
3
/10
Frank E. Thompson Middle School
55 Broadway
Distance between this listing and this school2.75 miles
Public District Grades 5-8
High School
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school1.06 miles
Public District Grades 9-12
Assigned Schools
4
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school3.91 miles
Public District Grades PK-4
Nearby Schools
7
/10
Jamestown School-Melrose
76 Melrose Ave
Distance between this listing and this school3.80 miles
Public District Grades PK-4
7
/10
Narragansett Elementary School
55 Mumford Rd
Distance between this listing and this school7.14 miles
Public District Grades PK-4
Assigned Schools
3
/10
Frank E. Thompson Middle School
55 Broadway
Distance between this listing and this school2.75 miles
Public District Grades 5-8
Nearby Schools
8
/10
Jamestown School-Lawn
55 Lawn Ave
Distance between this listing and this school3.65 miles
Public District Grades 5-8
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school5.20 miles
Public District Grades 5-8
Assigned Schools
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school1.06 miles
Public District Grades 9-12
Nearby Schools
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school4.91 miles
Public District Grades 9-12
8
/10
Narragansett High School
245 S Pier Rd
Distance between this listing and this school7.17 miles
The neighbors living near this home have an average income of $93,571. The most common annual income of people living in Newport, RI is between $100k-200k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 294 Ocean Ave
What is the listing price of this property?
The listing price of 294 Ocean Ave property is $14,000,000.
What type of property is this?
The property 294 Ocean Ave is a house located in Newport, Rhode Island, 02840.
Is this property for sale now?
Active Listing: 294 Ocean Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 294 Ocean Ave are: Claiborne Pell Elementary School: GreatSchools Rating 4/10Frank E. Thompson Middle School: GreatSchools Rating 3/10Rogers High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $51,951 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 30, 2010 for $2,190,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 294 Ocean Ave has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 294 Ocean Ave is 4,392 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 294 Ocean Ave is 1902.
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This home is located at 294 Ocean Ave in Newport, RI and zip code 02840. This 4,392 square foot home, which was built in 1902, sits on a 0.83 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $14,000,000.
In April 2024, from all listings sold in Newport, RI there were more than 8 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Newport, RI between March 2024 and April 2024 increased by 13.3%. The median list price of listings available in April 2024 was $850,000, while the average time on the real estate market was 54 days.
From Rocket Homes Real Estate and based on county public records data.
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