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For sale
    • Price cut: $690K (5/24)
    $8,200,000

    41 Castle Hill Ave, Newport, RI 02840

    5beds
    11,293sqft
    : 
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    Single Family Residence
    Built in 2003
    0.99 Acres Lot
    $-- Zestimate®
    $726/sqft
    $-- HOA

    What's special

    Family room with fireplaceUtility roomShingle style homeAmazing ocean viewsExercise roomFormal dining room
    NEW PRICE! "Castleberry" with its amazing ocean views was built as a family retreat for its walkability to the beach, pool, and plenty of room for family and guests. Location, location, location are key words here. This 5-bedroom, 7 full & 2 half baths, shingle style home has 8614 sf above ground living space with an additional 2,679 sf of lower level living space of media room with wet bar, exercise room, and utility room. An elevator makes this a comfortable home for all ages. The main level has a family room with fireplace that may also be used as a first floor bedroom with its full bath. The Great Room provides an open floor plan for food preparation/dining, sitting area to enjoy your guests and family while entertaining casually. A formal dining room is also on the first floor. The second floor balconies and windows allow breathtaking views out onto Ocean Drive and the beach. The second floor primary bedroom has another fireplace. The laundry room on this floor makes life convenient. There is a top floor 18'x18' sunroom/observation deck to catch the sunsets over the ocean and beach. This coveted area off Ocean Drive provides privacy and beach access with Castle Hill Neighborhood Assn membership. The Castle Hill Inn is a short walk up the hill where neighbors are always welcome. House is being offered Turnkey except for personal items--truly a family generational home or vacation home to be shared with family and friends.
    485 days
    |
    6,342
    |
    284
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kate Leonard 401-952-3461,

    Lila Delman Compass

    Source: StateWide MLS RI,MLS#: 1378238MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 9
      • Full bathrooms: 7
      • 1/2 bathrooms: 2
      Heating
      • Natural Gas, Central Air, Zoned
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
      Features
      • Wall (Dry Wall), Stairs, Wet Bar, Plumbing (Mixed), Insulation (Floors), Insulation (Unknown), Elevator
      • Flooring: Ceramic Tile, Hardwood
      • Basement: Full,Interior Entry,Finished,Bath/Stubbed,Laundry,Utility
      • Number of fireplaces: 4
      • Fireplace features: Gas
      Interior area
      • Total structure area: 8,614
      • Total interior livable area: 11,293 sqft
      • Finished area above ground: 8,614
      • Finished area below ground: 2,679
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached, Garage Door Opener, Integral
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Pool features: In Ground
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Access, Beach, Walk to Salt Water
      Lot
      • Size: 0.99 Acres
      • Features: Local Historic District, Corner Lot
      Details
      • Parcel number: NEWPM044B0089
      • Zoning: R40A
      • Other equipment: Elevator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Dry Wall, Shingles, Wood
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Features: Golf, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Schools
      • Subdivision: Ocean Drive/Castle Hill
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $726/sqft
      • Tax assessed value: $9,772,800
      • Annual tax amount: $80,342
      • Date on market: 3/20/2025
      • Inclusions: See Sales Disclosure form

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/24/2026Price change$8,200,000-7.8%$726/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        5/14/2026Pending sale$8,890,000$787/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        5/3/2026Price change$8,890,000-1.1%$787/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        4/10/2026Price change$8,990,000-2.8%$796/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        3/9/2026Price change$9,250,000-2.6%$819/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        12/12/2025Price change$9,500,000-5%$841/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        12/6/2025Price change$9,999,999-4.8%$886/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        7/27/2025Price change$10,500,000+5%$930/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        5/28/2025Price change$9,999,999-4.8%$886/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        3/20/2025Listed for sale$10,500,000+45.8%$930/sqft
        Source: StateWide MLS RI #1378238 Report a problem
        2/7/2021Listing removed--
        Source: StateWide MLS RI #1273871 Report a problem
        1/26/2021Listed for sale$7,200,000+45759.9%$638/sqft
        Source: StateWide MLS RI #1273871 Report a problem
        11/9/2019Listing removed$60,000$5/sqft
        Source: Lila Delman Real Estate #1209120 Report a problem
        11/12/2018Listed for rent$60,000$5/sqft
        Source: Lila Delman Real Estate #1209120 Report a problem
        4/1/2005Sold$15,700$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$84,916 +5.7%$9,772,800
        2024$80,332 +55.2%$9,772,800 +81.5%
        2023$51,747 $5,384,700
        2022$51,747 +3%$5,384,700
        2021$50,239 +2.8%$5,384,700 +13.3%
        2020$48,861 $4,753,000
        2019$48,861 +2.9%$4,753,000
        2018$47,482 -6%$4,753,000 +5.5%
        2017$50,508 +2.6%$4,505,600
        2016$49,246 +2.4%$4,505,600
        2015$48,075 -6.1%$4,505,600 +6.1%
        2014$51,220 -1.3%$4,247,100 -7%
        2012$51,906 +19%$4,569,200 +4%
        2011$43,627 +3.9%$4,393,500
        2010$42,002 +0.4%$4,393,500
        2009$41,826 +27.2%$4,393,500 +15.9%
        2008$32,871 +4%$3,791,300
        2007$31,619 +4%$3,791,300
        2006$30,406 -24.1%$3,791,300 +35.2%
        2005$40,066 +272.5%$2,803,800 +235%
        2002$10,755 $837,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Ocean Drive

        Getting around

        4 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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