$14,000,000
Active
19 Days Online
4 Beds4 Baths4,392 SQFT
Active

294 Ocean Avenue Newport, RI 02840

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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.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyNewport
  • Taxes$85,843
  • HOA/Condo/Coop Fees$0
  • Days on Site18 Days
  • MLS StatusActive
  • MLS ID Number1357862
  • Home Size Source Public Records
  • Year Built1902
  • Lot Size0.83 Acres
  • Full Baths3
  • Partial Baths1

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General Features

  • Style Cabin CottageHistoric Antique
  • Construction PlasterShingle SidingWood Siding
  • Parking DetachedGarageGarage Door Opener
  • Parking Spaces 6
  • Electric 200+ Amp ServiceCircuit BreakersGenerator
  • Basement None
  • Number of Stories 222
  • Acreage 0.83
  • Security Security System Owned
  • Property Sub Type Single Family Residence
  • Garage Spaces 1
  • Attached Garage No
  • Utilities Sewer ConnectedUnderground Utilities
  • Foundation Concrete PerimeterStone
  • Zoning R120

Interior Features

  • Cooling Central Air
  • Heating BaseboardElectricForced AirGasGeothermalHydro AirHot WaterPropane
  • Appliances DryerDishwasherExhaust FanGas Water HeaterMicrowaveOvenRangeRefrigeratorRange HoodWasher
  • Flooring Ceramic TileHardwood
  • Interior Wet BarBathtubCedar ClosetsCathedral CeilingsTub ShowerCable T V
  • Fireplaces 2
  • Fireplace Features Stone
  • Window Features Thermal Windows
  • Fireplace Yes

Exterior Features

  • View Water
  • Spa Yes
  • Pool Features In GroundSalt Water
  • Spa Features Hot Tub
  • Waterfront Property Yes
  • Waterfront Features Waterfront
  • Exterior PatioBarbecue
  • Lot PrivateSecludedWaterfront
  • Patio And Porch Patio
  • Other Structures Guest HouseOutbuilding

Community Features

  • Community Features GolfMarinaNear HospitalNear SchoolsRecreation AreaRestaurantShoppingTennis Courts
  • Senior Community No
  • Security Features Security System Owned

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Monthly Payment (Est.)

$74,664
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