5

Ocean Drive Homes for Sale

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  • /42

    $948,000

    • 2 Beds
    • 2.5 Baths
    • 1,586 Sq Ft

    15 Hammersmith Rd Unit 31, Newport, RI 02840

    Experience the allure of Moorland Farm, an exceptional 17-acre enclave situated in Newport's coveted Ocean Drive area. This lovely residence is part of an exclusive condominium community embraced by mature woodlands, creating a private and peaceful retreat in a coastal setting. The inviting main level features an open living and dining area with a gas fireplace, abundant natural light, and

    Elizabeth Andrews Westcott Properties

    15 Hammersmith Rd Unit 31, Newport, RI 02840
  • /29

    $1,550,000

    • 3 Beds
    • 3 Baths
    • 1,951 Sq Ft

    112 Harrison Ave Unit B, Newport, RI 02840

    Welcome to an exceptional offering on Harrison Avenue, in Newport's coveted Beacon Hill neighborhood, just moments from the New York Yacht Club, Ida Lewis Yacht Club, King Park, and the harbor front. This shingle-style New England condominium was renovated in 2023, with additional upgrades in 2025, to include new cedar shingles, a new roof, chimney repointing, and expanded off-street parking for

    Tammy Bass Serhant Rhode Island

    112 Harrison Ave Unit B, Newport, RI 02840
  • /48

    $2,795,000

    • 6 Beds
    • 6 Baths
    • 3,902 Sq Ft

    112 Harrison Ave, Newport, RI 02840

    Welcome to an exceptional opportunity on Harrison Avenue, in Newport's highly coveted Beacon Hill neighborhood set just a short distance from both the New York Yacht Club and Ida Lewis Yacht Club, with King Park and the harbor front just beyond. Showcasing quintessential New England design, this shingle-style residence has recently undergone substantial upgrades in 2025, including new exterior

    Tammy Bass Serhant Rhode Island

    112 Harrison Ave, Newport, RI 02840
  • /50

    $9,500,000

    • 5 Beds
    • 9 Baths
    • 11,293 Sq Ft

    41 Castle Hill Ave, Newport, RI 02840

    With amazing views overlooking the Atlantic Ocean, "Castleberry" was built as a family retreat in mind 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

    Kate Leonard Lila Delman Compass

    41 Castle Hill Ave, Newport, RI 02840
  • /20

    $3,500

    • 1 Bed
    • 2 Baths
    • 700 Sq Ft

    65 Ridge Rd Unit P37, Newport, RI 02840

    TIMESHARE WEEK...SPRING IN NEWPORT! Enjoy the City by the Sea when its not so overly crowded- Week 13., Drive or Bike the beautiful Ocean Drive and take advantage of all the fantastic downtown Newport amenities. A Serene location at OCEANCLIFF I and II, this Waterview Unit (P37) is a single level corner unit with private deck and fabulous sunsets overlooking Narragansett Bay. There is an

    Carol Guimond Hearth & Harbor Realty

    65 Ridge Rd Unit P37, Newport, RI 02840

Frequently Asked Questions

Is Ocean Drive a good place to live?
Ocean Drive is a good place to live. Ocean Drive is considered very car-dependent and somewhat bikeable with minimal transit options. Ocean Drive has 5 parks for recreational activities. It is sparse in population with 0.7 people per acre and a median age of 48. The average household income is $126,383 which is above the national average. College graduates make up 56.9% of residents. A majority of residents in Ocean Drive are home owners, with 47.3% of residents renting and 52.7% of residents owning their home. A local real estate agent serving Ocean Drive can help you decide if this neighborhood is the right one for you. Learn more on our Ocean Drive neighborhood guide.
Is Ocean Drive, RI a safe neighborhood?
Ocean Drive, RI is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Ocean Drive?
The median home price in Ocean Drive is $2,950,000. If you put a 20% down payment of $590,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $14,480 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $621K a year to afford the median home price in Ocean Drive. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Ocean Drive is $126K.
What are the best public schools in Ocean Drive?
The best public schools that serve Ocean Drive are:
What are the best private schools in Ocean Drive?
The best private schools that serve Ocean Drive are:
What are the most popular zip codes in Ocean Drive, Newport, RI?
The most popular zip codes in Ocean Drive, Newport, RI include 02840, 02835, 02837, 02842 and 02882.
What are the most popular neighborhoods near Ocean Drive, Newport, RI?
The most popular neighborhoods near Ocean Drive, Newport, RI are Fifth Ward, Historic Hill, Bellevue Avenue and Estates, Jamestown Village and Memorial Boulevard.

Home Trends in Ocean Drive, RI

Housing Trends

Median Sale Price
$2,700,000
Median Single Family Sale Price
$9,500,000
Median Townhouse Sale Price
$2,795,000
Median 2 Bedroom Sale Price
$1,139,000
Average Price Per Sq Ft
$1,043
Number of Homes for Sale
4
Last 12 months Home Sales
11
Months of Supply
4.40
Median List Price
$2,950,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
54%
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