"Stone Lea" Is Available for summer 2021. This beautiful Victorian is one of the most majestic historical estates in Narragansett. She sits beautifully on 2.5 acres of oceanfront with panoramic views of the granite coastline. The property is almost on completion of a full renovation from top to bottom, including new pool. This magical property will be ready and awaits your summer vacation.
Sold for $10,250,000
$10,250,000
40 Newton Ave, Narragansett, RI 02882
7beds
6baths
8,882sqft
SingleFamily
Built in 1884
2.49 Acres Lot
$10,226,100 Zestimate®
$1,154/sqft
$5,478 Estimated rent
Home value
$10,226,100
$8.39M - $12.17M
$5,478/mo
Zestimate® history
Owner options
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$51,106/mo
Est. payment
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$51,106/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6.5
Heating
- Baseboard, Oil
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
- Basement: Partially finished
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 8,882 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Wood
Lot
- Size: 2.49 Acres
Details
- Parcel number: NARRMGB2
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1884
Community & neighborhood
Location
- Region: Narragansett
Other
Other facts
- Access \ First Floor Access
- Accessibility \ HandicapAccess \ Elevator
- Amenities \ WaterAmenities \ Ocean Front
- Amenities \ WaterAmenities \ Saltwater Front
- Amenities \ WaterAmenities \ Walk to Salt Water
- Appliances \ Laundry \ In Building
- Architecture Style: Queen AnneVictorian
- Basement \ BasementFinish \ Unfinished
- Basement \ BasementType \ Full
- Equipment \ Furniture
- FeeFrequency \ Monthly
- FinishedFloor \ Ceramic
- FireplaceUsageAllowed \ 0
- Flooring \ FinishedFloor \ Ceramic
- Flooring \ FinishedFloor \ Hardwood
- Heating and Cooling \ Cooling \ Central Air
- Heating and Cooling \ HeatingFuel \ Oil
- Heating and Cooling \ HeatingSystem \ Baseboard
- Heating and Cooling \ HeatingSystem \ Forced Water
- Heating system: Baseboard
- Heating: Oil
- HeatingSystem \ Forced Water
- HotWater \ In Fee
- InsuranceRequired \ 1
- Laundry \ In Building
- Laundry: In Unit
- Location \ Near \ Hospital
- Location \ Near \ Interstate
- Location \ Near \ Marina
- Location \ Near \ Private School
- Location \ Near \ Shopping
- Location \ Near \ Swimming
- Location \ Near \ Tennis
- Lot \ LotDescription \ Waterfront
- MLS Listing ID: 1248941
- MLS Name: Statewide MLS RI ZDD (Statewide MLS RI ZDD)
- Near \ Hospital
- Near \ Interstate
- Near \ Marina
- Near \ Private School
- Near \ Shopping
- Near \ Swimming
- Near \ Tennis
- Other Building Features \ PetsAllowDesc \ Pets Negotiable
- Other Building Features \ PetsAllowed \ 0
- Other Building Features \ SmokingAllowed \ 0
- Other Fees \ FeeFrequency \ Monthly
- Other Fees \ RentFeesInclude \ Air Conditioning
- Other Fees \ RentFeesInclude \ Cable TV
- Other Fees \ RentFeesInclude \ Electric
- Other Fees \ RentFeesInclude \ Furnishings
- Other Fees \ RentFeesInclude \ Heat
- Other Fees \ RentFeesInclude \ Hot Water
- Other Fees \ RentFeesInclude \ Internet
- Other Fees \ RentFeesInclude \ Laundry Facilities
- Other Fees \ RentFeesInclude \ Linens
- Other Fees \ RentFeesInclude \ Swimming Pool
- Other Fees \ RentFeesInclude \ Water
- Other Fees \ SecurityDepositAmt \ 10000.00
- Other Fees \ SecurityDepositRequiredYN \ 1
- Other Interior Features \ Fireplace \ Marble
- Other Interior Features \ FireplaceUsageAllowed \ 0
- Other Interior Features \ Furnished \ 1
- Other \ Access \ First Floor Access
- Other \ Equipment \ Barbecue Grill
- Other \ Equipment \ Cable TV
- Other \ Equipment \ Dishwasher
- Other \ Equipment \ Dryer
- Other \ Equipment \ Elevator
- Other \ Equipment \ Furniture
- Other \ Equipment \ Garbage Disposal
- Other \ Equipment \ Microwave
- Other \ Equipment \ Oven/Range
- Other \ Equipment \ Washer
- Other \ InsuranceRequired \ 1
- Other \ RentTerms \ Lease
- PetsAllowDesc \ Pets Negotiable
- PetsAllowed \ 0
- PropertyType \ Rental
- RentFeesInclude \ Air Conditioning
- RentFeesInclude \ Electric
- RentFeesInclude \ Heat
- RentFeesInclude \ Hot Water
- RentFeesInclude \ Internet
- RentFeesInclude \ Laundry Facilities
- RentFeesInclude \ Linens
- RentFeesInclude \ Water
- RentTerms \ Lease
- RentalType \ Seasonal
- SecurityDepositAmt \ 10000.00
- SecurityDepositRequiredYN \ 1
- SmokingAllowed \ 0
- TimeShareYN \ 0
- Type and Style \ PropertyType \ Rental
- Type and Style \ RentalType \ Seasonal
- Type and Style \ Type \ Victorian
- Utilities \ HotWater \ In Fee
- WaterAmenities \ Walk to Salt Water
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2024 | Sold | $10,250,000+127.8%$1,154/sqft |
Source: Public Record Report a problem | ||
| 1/12/2021 | Listing removed | -- |
Source:  StateWide MLS RI Report a problem | ||
| 3/5/2020 | Listed for rent | $125,000$14/sqft |
Source: Lila Delman Real Estate #1248941 Report a problem | ||
| 4/15/2019 | Sold | $4,500,000-24.7%$507/sqft |
Source:  StateWide MLS RI #1170666 Report a problem | ||
| 6/24/2018 | Price change | $5,975,000-8%$673/sqft |
Source: Lila Delman Real Estate #1170666 Report a problem | ||
| 8/14/2017 | Listed for sale | $6,495,000-3.8%$731/sqft |
Source: Lila Delman Real Estate #1170666 Report a problem | ||
| 10/24/2009 | Listing removed | $6,750,000$760/sqft |
Source: Residential Properties Ltd. #857292 Report a problem | ||
| 11/9/2008 | Listed for sale | $6,750,000+5300%$760/sqft |
Source: Residential Properties Ltd. #857292 Report a problem | ||
| 3/20/1995 | Sold | $125,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $42,898 +3.7% | $6,317,800 0% |
| 2024 | $41,382 +2.9% | $6,317,900 +41.4% |
| 2023 | $40,203 | $4,467,000 |
| 2022 | $40,203 +1.6% | $4,467,000 |
| 2021 | $39,578 -5.5% | $4,467,000 +11.8% |
| 2020 | $41,892 +2.4% | $3,997,300 |
| 2019 | $40,892 +14.2% | $3,997,300 |
| 2018 | $35,796 -7.9% | $3,997,300 +8.6% |
| 2017 | $38,858 +4.8% | $3,679,700 |
| 2016 | $37,091 +1.4% | $3,679,700 |
| 2015 | $36,576 +9.1% | $3,679,700 +10.2% |
| 2014 | $33,522 +2.5% | $3,338,800 |
| 2013 | $32,720 +2.4% | $3,338,800 |
| 2012 | $31,952 -7.3% | $3,338,800 -13.1% |
| 2011 | $34,482 +1.2% | $3,844,200 |
| 2010 | $34,060 +3.3% | $3,844,200 |
| 2009 | $32,983 +13% | $3,844,200 -4.5% |
| 2008 | $29,190 +4.2% | $4,026,200 |
| 2007 | $28,022 -10.4% | $4,026,200 +40.2% |
| 2005 | $31,278 | $2,872,200 |
Find assessor info on the county website
Neighborhood: Narragansett Pier
Nearby schools
GreatSchools rating
- 8/10Narragansett Pier SchoolGrades: 5-8Distance: 1.5 mi
- 10/10Narragansett High SchoolGrades: 9-12Distance: 1.6 mi
- 9/10Narragansett Elementary SchoolGrades: PK-4Distance: 2.1 mi
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Estimated market value
$10,226,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$10,226,100
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