14 days on rocket

27 Atlantic Ave, Newport, RI, 02840

$4,900,000

4 Bedrooms
3 Full Baths, 1 Partial
2,732 SqFt
$1,794/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built1978
HeatingCentral, Forced Air, Natural Gas, Radiant, Zoned
CoolingCentral Air
WaterfrontBeach, Water Access, Waterfront
FireplaceStone
ViewWater
MLS #1357842
Lot Size0.96 Acres
StatusActive

About 27 Atlantic Ave

"Sanctuary" is an appropriate name for this elegant home that sits on a quiet street off Ocean Drive. It is nestled in complete privacy on a large parcel overlooking the Atlantic Ocean, a pool, spa, and beautiful plantings. One feels the ocean breezes and warm sunshine off the decks and terraces. The present owners spared no expenses in re-constructing the original structure to create a summer resort lifestyle. The gunite pool, hot tub, outdoor shower, terraces, fireplace, and gardens envelope the home. Designer Shazalynn Cavin-Winfrey worked with the owners to produce this exquisite home with its coastal vibes. Hurricane impact windows offer storm safety. A first floor master suite overlooks the pool. Radiant heat flooring ensures comfort in the bedroom and en-suite. An entertainment area includes a wet bar, ice maker, refrigerated drawers, laundry, etc. The second floor open floor plan boasts a kitchen with leathered quartz countertops, high end appliances, and additional beverage drawers. A large pantry offers additional storage. Floors are bleached oak. Th third floor has two bedrooms, bath, laundry, and a custom built bunk room for young families or grandchildren. All bathrooms are designed with beautiful lines and comfortable radiant heat. The septic system was installed in 2013 to accommodate the added living space of 4 bedrooms, 3-1/2 baths, and an additional loft bedroom in the bunk room. There is a full- house generator. The private beach access is a huge bonus.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1978
  • Stories: 3
  • Living Area: 2,732 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 848-2101

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Hardwood, Other
  • Interior: Wet Bar, Bathtub, Skylights, Tub Shower, Mud Room
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.96 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas, Radiant, Zoned
  • 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: $4,900,000
  • Price Per SqFt: $1,794/SqFt

HOA Fees:

  • Amount: $50
  • Frequency: Annually

Tax Information:

  • Annual Amount: $25,656
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$850K

Med. Price/SqFt

$578

Avg. Days On Market

54

# of Sold Homes

19

27 Atlantic Ave vs Newport

14 DAYS ON ROCKET

-40 Days

$4,900,000

+$4.0M More

$1,794/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $4.0M more than the Median Sold Price and $1.2K/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: #1357842

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 848-2101

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: 5/19/2024, 8:20:32 AM 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 30, 2011Home Sold
$1,290,000

Tax History

YEARPROP. TAXASSESSMENT
2021$25,656$2,749,800
2020$25,654$2,495,500
2019$25,654$2,495,500
2018$24,930$2,495,500
2017$24,154$2,154,700

History based on county public records data.

Payment Calculator

$24.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.7K

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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-3699918
4
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 4.52 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3699919
3
/10
  • Frank E. Thompson Middle School

  • 55 Broadway

  • 3.42 miles

  • Public District Grades 5-8

High School

school-card-donut-3699920
3
/10
  • Rogers High School

  • 15 Wickham Rd

  • 1.95 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. Typical family type 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 27 Atlantic Ave

What is the listing price of this property?

The listing price of 27 Atlantic Ave property is $4,900,000.

What type of property is this?

The property 27 Atlantic Ave is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 27 Atlantic 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 27 Atlantic Ave are:
Claiborne Pell Elementary School: GreatSchools Rating 4/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers 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 $25,656 (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 30, 2011 for $1,290,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 27 Atlantic Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 27 Atlantic Ave is 2,732 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 27 Atlantic Ave is 1978.
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Rocket Homes›Rhode Island›Newport County›Newport›02840›27 Atlantic Ave

This home is located at 27 Atlantic Ave in Newport, RI and zip code 02840. This 2,732 square foot home, which was built in 1978, sits on a 0.96 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $4,900,000.

While more than 8 listings in Newport, RI in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. The inventory of homes for sale in Newport, RI between March 2024 and April 2024 increased by 13.3%. Listings spent 54 days on the market in April 2024, and had a median list price of $850,000 during the same period.

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

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