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Sold for $7,125,000
    • $7,125,000

    599 Ocean Ave, Newport, RI 02840

    4beds
    5,424sqft
    Single Family Residence
    Built in 2001
    0.48 Acres Lot
    $7,895,800 Zestimate®
    $1,314/sqft
    $-- Estimated rent

    Home value

    $7,895,800

    $6.79M - $9.24M

    Not available

    Zestimate® history
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    What's special

    Enjoy this summer season from the front row of Newport’s famed Ocean Drive in this newly priced coastal showstopper! "Ocean Mist" sits on a near half-acre of lush landscaping and conveys with deeded rights to a private beach a few steps away. Curated outdoor space has custom stonework, large private pergola-covered deck w/ trellis, awning, kitchen, and mahogany bar perfect for coffee or cocktails. The travertine patio is gas plumbed with spa, shower, waterfall, and koi pond. Built for both relaxation and entertaining, the sunset facing, light-filled rooms have sweeping, unobstructed views of breaking waves against the rugged Atlantic Ocean shoreline, and plenty of nautical activity. Luxurious amenities throughout: grand staircase, high ceilings, elegantly curved walls, hardwood flooring, handmade built-ins and cabinetry. A wood paneled elevator services all levels. 4 bedrooms, 5 ½ baths, open concept true chef's kitchen/living/dining area, 3 fireplaces and great room with full wet bar and covered porch. The primary suite has incredible ocean views, 2 full baths, sitting room, and cupola for meditation or exercise. Large ensuite bedrooms have vaulted ceilings, ocean view porch and balcony. A sunny walk out lower level is designed to customize as a private guest room with bath, live-in suite, gym, entertainment area, or exceptional home office. A gated entrance, heated three car garage, paver driveway w/ ample parking and exceptional mechanicals make “Ocean Mist” a joy to own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anne Northup Burns 401-225-6550,

    Lila Delman Compass

    Bought with:

    Jennifer Pierik, REB.0016763

    Jamestown Real Estate LLC

    Source: StateWide MLS RI,MLS#: 1355278MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Central Air, Gas Connected, Radiant, Zoned
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Trash Compactor, Washer
    Features
    • Wall (Plaster), Cathedral Ceiling(s), Cedar Closet(s), Skylight, Stairs, Wet Bar, Plumbing (Copper), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s), Central Vacuum, Elevator
    • Flooring: Ceramic Tile, Hardwood, Marble
    • Doors: Storm Door(s)
    • Windows: Insulated Windows, Storm Window(s), Skylight(s)
    • Basement: Partial,Walk-Out Access,Partially Finished,Bath/Stubbed,Bedroom(s),Office,Storage Space,Utility
    • Attic: Attic Stairs, Attic Storage
    • Number of fireplaces: 3
    • Fireplace features: Gas
    Interior area
    • Total structure area: 5,424
    • Total interior livable area: 5,424 sqft
    • Finished area above ground: 5,424
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Door Opener, Integral, Driveway
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Flat Thresholds
    Features
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Balcony, Barbecue
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Access, Beach, Walk to Salt Water
    Lot
    • Size: 0.48 Acres
    • Features: Local Historic District, Corner Lot, Sprinklers
    Details
    • Parcel number: NEWPM044B0071
    • Zoning: R40A
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV, Elevator, Hot Tub, Intercom, Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Plaster, Clapboard, Masonry, Shingles, Wood
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Electric: 400 Amps, 110 Volts, 220 Volts, Circuit Breakers
    • Sewer: Septic Tank
    • Water: Municipal
    • Utilities for property: Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Golf, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Security: Security System Owned
    • Subdivision: Castle Hill/Ocean Drive
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $1,314/sqft
    • Tax assessed value: $5,952,300
    • Annual tax amount: $40,869
    • Date on market: 3/28/2024
    • Inclusions: Full time Newport resident tax deduction of $1, 108 applied. Non-resident tax is $41, 977. Architectural drawings show square footage of home is 5, 424, prior to the installation of the elevator. Seller is working with City tax assessor to adjust the public record showing square footage of 6, 030. Exterior security cameras on premises.

    Price history

    DateEventPrice
    7/15/2024Sold$7,125,000-5%$1,314/sqft
    Source: StateWide MLS RI #1355278 Report a problem
    6/17/2024Pending sale$7,500,000$1,383/sqft
    Source: StateWide MLS RI #1355278 Report a problem
    5/17/2024Price change$7,500,000-9.1%$1,383/sqft
    Source: StateWide MLS RI #1355278 Report a problem
    3/28/2024Listed for sale$8,250,000-5.7%$1,521/sqft
    Source: StateWide MLS RI #1355278 Report a problem
    1/20/2024Listing removed--
    Source: StateWide MLS RI #1343328 Report a problem
    9/8/2023Listed for sale$8,750,000+1704.1%$1,613/sqft
    Source: StateWide MLS RI #1343328 Report a problem
    8/3/1998Sold$485,000$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$51,720 +28.1%$5,952,300 +2.8%
    2024$40,373 -0.7%$5,792,400 +36.9%
    2023$40,666 $4,231,600
    2022$40,666 +3%$4,231,600
    2021$39,481 +7.1%$4,231,600 +18%
    2020$36,873 $3,586,900
    2019$36,873 +2.9%$3,586,900
    2018$35,833 +1.9%$3,586,900 +14.3%
    2017$35,181 +2.6%$3,138,400
    2016$34,303 +2.4%$3,138,400
    2015$33,487 +17.7%$3,138,400 +33%
    2014$28,460 +6.2%$2,359,900
    2012$26,808 -0.5%$2,359,900 -13%
    2011$26,939 +3.9%$2,712,900
    2010$25,935 +0.4%$2,712,900
    2009$25,827 +6.7%$2,712,900 -2.9%
    2008$24,215 +5.1%$2,793,000 +1.1%
    2007$23,035 +4%$2,762,000
    2006$22,151 -10.8%$2,762,000 +58.9%
    2005$24,839 +11.2%$1,738,200
    2002$22,336 $1,738,200
    Find assessor info on the county website

    Neighborhood: Ocean Drive

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    Estimated market value
    $7,895,800
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    Estimated market value
    $7,895,800

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