5 months on rocket

10 Ocean Lawn Ln, Newport, RI, 02840

$8,995,000

7 Bedrooms
9 Full Baths, 1 Partial
11,655 SqFt
$772/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built2017
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontWaterfront
FireplaceGas, Masonry
ViewWater
MLS #1347166
Lot Size2.82 Acres
StatusActive

About 10 Ocean Lawn Ln

Striking Newport cottage in gated gathering of 7 homes on approx 32 acres of beautifully groomed land in the heart of Newport*This exquisite property is just steps to Cliff Walk & all that Newport has to offer yet ensconced in an enclave of significant homes, 1 of which is the original Firestone mansion*(May also be available as turnkey home for faster move in!)*Ocean views are yours from the immense yard of the custom stone & warm wood shingle design built by Horan Building Co*Architectural design elements include stacked stone foundation, bell-curved roof lines, barrel portico, bluestone patios, bluestone sills, numerous custom transoms, dormers, eyebrow windows to name just a few . Welcoming entrance w/mahogany door set the stage for excitement yet afford the owner of this masterpiece the sophistication of understated elegance*Incredible molding package includes multi-piece crown, recessed wainscoting, squared pillars & ceiling treatments, which are amazingly curated by a talented designer w/an eye toward being impressive yet restrained so that the fortunate occupants may enjoy a comfortable environment*Notable features include the 1st floor gallery, which bisects the home & provides a remarkable setting for your art, kitchen offers a rounded eating area, mahogany isle, beaded inset cabinetry, the best appliances & a charming pantry, romantic primary suite, 5 add'l guest suites, flex area w/bth on 3d flr, fin lower lev w/entertainment bar, guest area, exercise rm & media*

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage
  • Year Built: 2017
  • Stories: 4
  • Living Area: 11,655 SqFt

Listing Office:

  • Office Name: Andrew Abu, Inc
  • Office Phone: (508) 836-3333

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior: Attic, Bathtub, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Fireplace: Gas, Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 2.82 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Rogers High School, Public District Grades 9-12
  • Frank E. Thompson Middle School, Public District Grades 5-8
  • Claiborne Pell Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,995,000
  • Price Per SqFt: $772/SqFt

HOA Fees:

  • Amount: $432
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $49,285
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Newport, RI.

Med. Sold Price

$820K

Med. Price/SqFt

$566

Avg. Days On Market

60

# of Sold Homes

18

10 Ocean Lawn Ln vs Newport

169 DAYS ON ROCKET

+109 Days

$8,995,000

+$8.1M More

$772/SqFt

+$206 More

KEY TAKEAWAY

This property is $8.1M more than the Median Sold Price and $206/SqFt more than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1347166

Listing Office:

  • Office Name: Andrew Abu, Inc
  • Office Phone: (508) 836-3333

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 11:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 2021Home Sold
$7,100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$49,285$5,282,400
2020$53,021$5,157,700
2019$53,021$5,157,700
2018$51,525$5,157,700
2017$40,744$3,634,600

History based on county public records data.

Payment Calculator

$45.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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

school-card-donut-1718232
2
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 2.13 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1718233
3
/10
  • Frank E. Thompson Middle School

  • 55 Broadway

  • 1.18 miles

  • Public District Grades 5-8

High School

school-card-donut-1718234
4
/10
  • Rogers High School

  • 15 Wickham Rd

  • 1.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,010. Typical income of Newport, RI residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10 Ocean Lawn Ln

What is the listing price of this property?

The listing price of 10 Ocean Lawn Ln property is $8,995,000.

What type of property is this?

The property 10 Ocean Lawn Ln is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 10 Ocean Lawn Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 10 Ocean Lawn Ln are:
Claiborne Pell Elementary School: GreatSchools Rating 2/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $49,285 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 2021 for $7,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 10 Ocean Lawn Ln has 7 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 10 Ocean Lawn Ln is 11,655 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10 Ocean Lawn Ln is 2017.
Rocket Homes logo

Interested in 10 Ocean Lawn Ln? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket Homes›Rhode Island›Newport County›Newport›02840›10 Ocean Lawn Ln

This home is located at 10 Ocean Lawn Ln in Newport, RI and zip code 02840. This 11,655 square foot home, which was built in 2017, sits on a 2.82 acre lot. Features: 7 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since November 10, 2023 and is currently priced at $8,995,000.

In March 2024 more than 2 listings in Newport, RI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 13 were sold below. Between February 2024 and March 2024, Newport, RI real estate market has seen increase in the number of listings by 20%. While the average time on the market in March 2024 was 60 days, the median list price was $820,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources