Sophisticated Penthouse unit with soaring ceilings, oversized windows, beautiful finish detail and open airy floor plan with kitchen open to living area and sliding doors to private deck. Amenities include elevator to unit, two private parking spaces, and large storage unit. The building is a masterful blend of the charm of an historic structure and the most up to date comforts. A common area rooftop deck complete with wet bar, beverage refrigerator and outdoor furniture is perfect for relaxing and enjoying sunsets and harbor views. This sought after location is within two blocks of Newport Harbor, Washington Square and Bellevue Avenue, providing walking access to wonderful restaurants, theaters, shops and all the attractions Newport has to offer. The in-town Historic Hill location is just 40 minutes to TF Green International Airport and one hour and 30 minutes to Boston's Logan Airport.
For sale
$2,295,000
50 School St #7, Newport, RI 02840
2beds
1,680sqft
Condominium
Built in 1803
-- sqft lot
$-- Zestimate®
$1,366/sqft
$1,172/mo HOA
What's special
Common area rooftop deckBeautiful finish detailPrivate deckOpen airy floor planOversized windowsSoaring ceilings
- 51 days |
- 383 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Kate Greenman 401-849-3000,
Gustave White Sotheby's Realty,
Michelle Kirby 401-862-7873,
Gustave White Sotheby's Realty
Source: StateWide MLS RI,MLS#: 1413867
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: High Ceilings
- Level: First
Bathroom
- Features: High Ceilings
- Level: First
Bathroom
- Features: High Ceilings
- Level: First
Other
- Features: High Ceilings
- Level: First
Dining area
- Features: High Ceilings
- Level: First
Other
- Features: High Ceilings
- Level: First
Kitchen
- Features: High Ceilings
- Level: First
Living room
- Features: High Ceilings
- Level: First
Porch
- Level: First
Heating
- Natural Gas, Central Air, Central, Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Cathedral Ceiling(s), Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Cap), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Elevator
- Flooring: Hardwood, Marble
- Windows: Insulated Windows, Skylight(s)
- Basement: None,Interior and Exterior
- Number of fireplaces: 1
- Fireplace features: Gas, Insert, Wood Burning
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
- Finished area above ground: 1,680
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Integral, Assigned
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed, Flat Thresholds, One Level
Features
- Stories: 1
- Entry location: Elevator,First Floor Access,Private Entry,Second Floor Access,Third Floor or higher Access
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 6,534 Square Feet
- Features: Local Historic District, Corner Lot, Sidewalks
Details
- Parcel number: NEWPM024B0149L7
- Zoning: Res
- Other equipment: Cable TV, Elevator
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Dry Wall, Paneled, Plaster, Brick, Clapboard, Shingles, Wood
- Foundation: Brick/Mortar, Concrete Perimeter, Stone
Condition
- New construction: No
- Year built: 1803
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: In Fee, Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Historic Hill/Newport Harbor
HOA
- Has HOA: No
- HOA fee: $1,172 monthly
Location
- Region: Newport
Financial & listing details
- Price per square foot: $1,366/sqft
- Tax assessed value: $1,436,400
- Annual tax amount: $10,309
- Date on market: 5/28/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $2,295,000-2.3%$1,366/sqft |
Source:  StateWide MLS RI #1413867 Report a problem | ||
| 5/27/2026 | Listing removed | $2,350,000$1,399/sqft |
Source: StateWide MLS RI #1403771 Report a problem | ||
| 1/26/2026 | Price change | $2,350,000-1.1%$1,399/sqft |
Source: StateWide MLS RI #1403771 Report a problem | ||
| 10/1/2025 | Listed for sale | $2,375,000+19%$1,414/sqft |
Source: StateWide MLS RI #1396429 Report a problem | ||
| 5/6/2021 | Sold | $1,995,000$1,188/sqft |
Source: StateWide MLS RI #1265507 Report a problem | ||
| 4/16/2021 | Pending sale | $1,995,000$1,188/sqft |
Source: StateWide MLS RI #1265507 Report a problem | ||
| 9/30/2020 | Listed for sale | $1,995,000$1,188/sqft |
Source: Gustave White Sotheby's Realty #1265507 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,313 -12.7% | $1,436,400 |
| 2024 | $11,807 +41% | $1,436,400 +64.9% |
| 2023 | $8,373 | $871,300 |
| 2022 | $8,373 -4.2% | $871,300 -7% |
| 2021 | $8,741 +10.4% | $936,900 +21.6% |
| 2020 | $7,920 | $770,400 |
| 2019 | $7,920 +42.1% | $770,400 +38% |
| 2018 | $5,575 | $558,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Historic Hill
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.3 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.4 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.5 mi
- $838,6006 bd8 ba5.5k sqft50 School St, Newport, RI 02840Off Market
- $2,050,0002 bd3 ba1.6k sqft50 School St #1, Newport, RI 02840For Sale
- $1,761,3002 bd3 ba1.6k sqft50 School St UNIT 6, Newport, RI 02840Off Market
- $1,700,0002 bd3 ba1.6k sqft50 School St #5, Newport, RI 02840Sold
- $1,594,8002 bd3 ba1.3k sqft50 School St #2, Newport, RI 02840Off Market
- $3,554,7004 bd5 ba2.8k sqft50 School St #8, Newport, RI 02840Off Market
- $1,995,8002 bd2 ba1.6k sqft50 School St UNIT 4, Newport, RI 02840Off Market
- $1,761,4002 bd3 ba1.5k sqft50 School St #3, Newport, RI 02840Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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