new - 6 days on rocket

11 Ocean Heights Rd, Newport, RI, 02840

$7,995,000

7 Bedrooms
6 Full Baths, 2 Partial
9,150 SqFt
$874/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year BuiltNew Const., 2024
HeatingCentral, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontBeach, Water Access, Waterfront
FireplaceMasonry
ViewWater
MLS #1357215
Lot Size1.31 Acres
StatusActive

About 11 Ocean Heights Rd

Located just off Newport's Ocean Drive, this custom built 7 bed, 6 full, 2 half bath home directly overlooks the Hazard marsh with views beyond to the Atlantic ocean. Sited on 1.31 acres, on a dead end street this home offers a very private setting while being centrally located in Newport. The custom built total of 9150 square feet of living space will offer top of the line features and amenities throughout. An open floor plan with floor to ceiling windows and sliders that open to a West facing patio with pool will offer the perfect venue for sunset entertaining, dinner parties and family gatherings. This home also offers a walking path easement at the end of Ocean Heights Rd. directly down to Ocean Drive and Gooseberry Beach creating easy beach access.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 3
  • Living Area: 9,150 SqFt

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Bathtub, Cathedral Ceiling(s), Tub Shower
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Beach, Water Access, Waterfront
  • View: Water
  • Exterior: Porch

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Private, Secluded
  • Lot Size: 1.31 Acres

Utilities

Utilities Information:

  • Heating: Central, 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: $7,995,000
  • Price Per SqFt: $874/SqFt

Tax Information:

  • Annual Amount: $13,149
  • Tax Year: 2021
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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

11 Ocean Heights Rd vs Newport

6 DAYS ON ROCKET

-54 Days

$7,995,000

+$7.1M More

$874/SqFt

+$308 More

KEY TAKEAWAY

This property is $7.1M more than the Median Sold Price and $308/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: #1357215

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

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: 4/26/2024, 2:25:16 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

Nov 18, 2020Home Sold
$1,650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,149$1,409,300
2020$7,611$740,400
2019$7,611$740,400
2018$7,397$740,400
2017$8,097$722,300

History based on county public records data.

Payment Calculator

$39.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24K

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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

school-card-donut-736600
2
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 3.24 miles

  • Public District Grades PK-4

Middle School

school-card-donut-736601
3
/10
  • Frank E. Thompson Middle School

  • 55 Broadway

  • 2.08 miles

  • Public District Grades 5-8

High School

school-card-donut-736602
4
/10
  • Rogers High School

  • 15 Wickham Rd

  • 0.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,571. Typical income of Newport, RI residents is between $100k-200k annually. The most common type of family is 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 11 Ocean Heights Rd

What is the listing price of this property?

The listing price of 11 Ocean Heights Rd property is $7,995,000.

What type of property is this?

The property 11 Ocean Heights Rd is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 11 Ocean Heights Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11 Ocean Heights Rd 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 $13,149 (source: MLS/based on county public records data).

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

The last sale was on November 18, 2020 for $1,650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 11 Ocean Heights Rd has 7 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 11 Ocean Heights Rd is 9,150 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11 Ocean Heights Rd is 2024.
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Rocket HomesRhode IslandNewport CountyNewport0284011 Ocean Heights Rd

This home is located at 11 Ocean Heights Rd in Newport, RI and zip code 02840. This 9,150 square foot home, which was built in 2024, sits on a 1.31 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $7,995,000.

While more than 2 listings in Newport, RI in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Newport, RI increased by 20% between February 2024 and March 2024. In March 2024 median list price was $820,000 and the average listing age was 60 days.

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

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