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Sold for $885,000
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  • $885,000

    1 Oakwood Ter APT 9, Newport, RI 02840

    2beds
    1,480sqft
    Condominium
    Built in 1900
    -- sqft lot
    $905,000 Zestimate®
    $598/sqft
    $4,630 Estimated rent

    Home value

    $905,000

    $742,000 - $1.10M

    $4,630/mo

    Zestimate® history
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    What's special

    French doorsEvening sea breezesGrill areaAdditional basement storageIn-unit laundrySerene viewsExpansive lush backyard
    Exceptional opportunity to own a beautiful 2 bedroom, 2 bath PENTHOUSE in an elegant National Historic Building, once a grand private estate. Welcome to the majestic Whitestone Estate, designed by renowned architects McKim, Mead and White. The Penthouse is private and peaceful with a south facing covered balcony from which to relax & enjoy serene views & evening sea breezes. Nestled in a premium sought after location, it's within an easy stroll to Cliff Walk, First Beach, Bellevue Avenue, Tennis Hall of Fame & a few minutes walk to Bannister’s & Bowen’s Wharf in the heart of Downtown, home to Newport’s best restaurants and shops on famed America’s Cup Avenue. Showcasing its historic period charm & classic architecture the unit has high ceilings, built-in bookcases, and detailed moldings. The kitchen adjoins the fireplaced dining & living room where stately French doors open to the charming covered balcony overlooking the expansive lush backyard where inviting garden seating and grill area is perfect to enjoy al fresco entertaining with friends and family on warm summer days. The primary bedroom has an ensuite bath while the second bedroom serves as a family room and home office. In addition to in-unit laundry & private attic for ample storage, there is additional basement storage & outdoor shed. One assigned parking space, guest parking & professionally managed. Ideal primary or second home by the sea in Newport. Don't miss the opportunity to own a piece of Newport's History!

    Zillow last checked:

    Listing updated:

    Listed by:

    V. Cynthia Moretti 401-374-3444,

    Lila Delman Compass

    Bought with:

    Newport Living Group

    Lila Delman Compass

    Source: StateWide MLS RI,MLS#: 1379573MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Shower Stall
    Heating
    • Natural Gas, Forced Water, Individual Control
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Wall (Plaster), Cathedral Ceiling(s), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
    • Attic: Attic Stairs, Attic Storage
    • Number of fireplaces: 2
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,480
    • Total interior livable area: 1,480 sqft
    • Finished area above ground: 1,480
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage, Assigned
    Features
    • Stories: 1
    • Entry location: Third Floor or higher Access
    • Exterior features: Balcony
    • Waterfront features: Walk to Fresh Water, Walk to Salt Water
    Lot
    • Size: 0.71 Acres
    • Features: Corner Lot
    Details
    • Additional structures: Outbuilding
    • Parcel number: NEWPM026B0071L9
    • Zoning: R20
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Dry Wall, Plaster, Masonry
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 60 Amps, 220 Volts
    • Sewer: Public Sewer
    • Water: Municipal
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: Old Beach Road
    HOA
    • Has HOA: No
    • HOA fee: $1,019 monthly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $598/sqft
    • Tax assessed value: $827,600
    • Annual tax amount: $6,804
    • Date on market: 3/27/2025

    Price history

    DateEventPrice
    6/25/2025Sold$885,000-6.8%$598/sqft
    Source: StateWide MLS RI #1379573 Report a problem
    6/12/2025Pending sale$950,000$642/sqft
    Source: StateWide MLS RI #1379573 Report a problem
    3/27/2025Price change$950,000-13.2%$642/sqft
    Source: StateWide MLS RI #1379573 Report a problem
    9/5/2024Price change$1,095,000-8.4%$740/sqft
    Source: StateWide MLS RI #1367774 Report a problem
    5/27/2024Price change$1,195,000-4.4%$807/sqft
    Source: StateWide MLS RI #1357536 Report a problem
    5/2/2024Listed for sale$1,250,000+212.5%$845/sqft
    Source: StateWide MLS RI #1357536 Report a problem
    11/1/2004Sold$400,000$270/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,191 +5.7%$827,600
    2024$6,803 +47.1%$827,600 +72%
    2023$4,624 $481,200
    2022$4,624 +3%$481,200
    2021$4,490 +14.2%$481,200 +25.9%
    2020$3,930 $382,300
    2019$3,930 +2.9%$382,300
    2018$3,819 -27.5%$382,300 -18.6%
    2017$5,265 +2.6%$469,700
    2016$5,134 +2.4%$469,700
    2015$5,012 +1.1%$469,700 +14.3%
    2014$4,957 +6.2%$411,000
    2012$4,669 +16.6%$411,000 +2%
    2011$4,003 +3.9%$403,100
    2010$3,854 +0.4%$403,100
    2009$3,838 -7%$403,100 -15.3%
    2008$4,125 +4%$475,800
    2007$3,968 $475,800
    Find assessor info on the county website

    Neighborhood: Old Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $905,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $905,000