A true penthouse in the heart of Newport’s Historic District, offering approximately 3,000 square feet across two levels of living. Perched above downtown, the residence enjoys sweeping views of Newport Harbor, Fort Adams, Goat Island, church steeples, and historic rooflines from two private terraces. Inside are four bedrooms, 4.5 baths, soaring ceilings, hardwood floors, floor-to-ceiling windows, custom millwork, coffered ceilings, a marble fireplace, and a custom gourmet kitchen appointed with Wolf, Sub-Zero, and Bosch appliances. A distinctive private turret provides an ideal office, gym, or extra sleeping space. Two deeded spaces in the underground parking garage are included, with an elevator taking you directly from the garage to your front door. Harrison House underwent an extensive restoration and conversion, with newer windows, doors, siding, systems, and finishes while preserving its historic architecture. Originally built as an 1803 Masonic lodge and designed by renowned architect Peter Harrison, this is a rare opportunity to enjoy modern penthouse living from a private perch above historic Newport.
For sale
$3,300,000
50 School St #8, Newport, RI 02840
4beds
2,883sqft
Townhouse
Built in 1803
-- sqft lot
$3,126,600 Zestimate®
$1,145/sqft
$1,800/mo HOA
What's special
Marble fireplaceFour bedroomsTwo private terracesPerched above downtownHardwood floorsFloor-to-ceiling windowsSoaring ceilings
- 10 days
- 483
- 12
Zillow last checked:
Listing updated:
Listed by:
Alexander Fraioli 401-255-9109,
Edge Realty RI
Source: StateWide MLS RI,MLS#: 1424807
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: First
Bathroom
- Level: Second
Other
- Level: Second
Den
- Level: First
Dining area
- Level: First
Living room
- Level: First
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Gas Water Heater
- Laundry: In Unit
Features
- Wall (Dry Wall), Cathedral Ceiling(s), Stairs, Ceiling Fan(s), Elevator
- Flooring: Hardwood
- Basement: Full,Interior and Exterior,Unfinished
- Number of fireplaces: 1
- Fireplace features: Marble
Interior area
- Total structure area: 2,883
- Total interior livable area: 2,883 sqft
- Finished area above ground: 2,883
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Assigned
- Attached garage spaces: 2
Features
- Stories: 2
- Exterior features: Balcony
Lot
- Features: Local Historic District
Details
- Parcel number: NEWPM024B0149L8
- Zoning: R10
- Other equipment: Elevator
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Dry Wall, Clapboard
- Foundation: Unknown
Condition
- New construction: No
- Year built: 1803
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Historic Hill
HOA
- Has HOA: No
- HOA fee: $1,800 monthly
Location
- Region: Newport
Financial & listing details
- Price per square foot: $1,145/sqft
- Tax assessed value: $2,575,000
- Annual tax amount: $20,024
- Date on market: 10/7/2026
Estimated market value
$3,126,600
$2.97M - $3.28M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $3,300,000+3.1%$1,145/sqft |
Source: | ||
| 2/18/2025 | Listing removed | $3,200,000$1,110/sqft |
Source: | ||
| 7/24/2024 | Listed for sale | $3,200,000+20.8%$1,110/sqft |
Source: | ||
| 12/9/2022 | Sold | $2,650,000-11.5%$919/sqft |
Source: | ||
| 10/20/2022 | Pending sale | $2,995,000$1,039/sqft |
Source: | ||
| 9/29/2022 | Contingent | $2,995,000$1,039/sqft |
Source: | ||
| 6/23/2022 | Listed for sale | $2,995,000+13%$1,039/sqft |
Source: | ||
| 10/29/2021 | Sold | $2,650,000-17.1%$919/sqft |
Source: | ||
| 9/25/2021 | Pending sale | $3,195,000$1,108/sqft |
Source: | ||
| 9/4/2021 | Contingent | $3,195,000$1,108/sqft |
Source: | ||
| 5/11/2021 | Price change | $3,195,000+11%$1,108/sqft |
Source: | ||
| 12/7/2020 | Listed for sale | $2,879,000$999/sqft |
Source: Gustave White Sotheby's Realty #1270773 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,374 +5.7% | $2,575,000 |
| 2024 | $21,167 +23.2% | $2,575,000 +44.1% |
| 2023 | $17,175 | $1,787,200 |
| 2022 | $17,175 -2.1% | $1,787,200 -4.9% |
| 2021 | $17,539 -10% | $1,879,900 -0.8% |
| 2020 | $19,486 | $1,895,500 |
| 2019 | $19,486 +117% | $1,895,500 +110.9% |
| 2018 | $8,978 | $898,700 |
Find assessor info on the county website
Monthly payment
Est. payment







