NOT LISTED FOR SALE

282 Ocean Ave Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $3,660,000 - $5,929,675

4 Beds
2 Baths
1,800 Sq Ft
$2,667/Sq Ft Est. Value

Highlights

  • Beach Front
  • Guest House
  • Water Access
  • Marina
  • Golf Course Community
  • Deck

About This Home

As of August 2022

Available November 1, 2022 - May 31, 2023. "Spindrift" is a one-of-a-kind property located on Newport's famed Ocean Drive. You'll love watching winter storms from the decks overlooking the private Price's Neck Cove or head down the stone steps to the water for swimming, kayaking, paddle boarding or take a rowboat tour of the cove. Inside, you will find an open living room with vaulted ceilings, a large stone fireplace, and a kitchen with granite countertops and stainless appliances. There is a bedroom and full bath on the main level. Up the spiral stairs, there is an open hall looking out over the living room and two additional bedrooms plus a full bath. Just added a few years ago is an adorable one-bedroom cottage with French doors opening to a private deck. This is one of our favorite spots to recommend to those seeking a charming and private waterfront experience! SORRY, NO PETS, NO EXCEPTIONS!!

Last Agent to Rent the Property

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224 Listed on: 06/02/2022

Gustave White Sotheby's Realty

Co-Listed By

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933

Last Renter's Agent

Meredith LeBlanc

Hogan Associates Christie's License #RES.0040965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,320

Year Built

  • Built in 1960

Lot Details

  • 0.87 Acre Lot
  • Beach Front

Home Design

  • Cottage
  • Masonry

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Stone Fireplace
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Property Available on 11/1/22
  • Tenant pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 282OCEANAVNEWP

Community Details

Overview

  • No Home Owners Association
  • Ocean Drive Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,320

Year Built

Built in 1960

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Hot Water
  • Available Date: 2022-11-01
  • Security Deposit: 4000.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.87
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Ocean Drive
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Cabin/Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Other, Carpet
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1800.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Masonry
  • Exterior Features: Deck, Patio
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Parking, Trash Collection
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 282OCEANAVNEWP
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2020
Sold by
Carey Ft
Bought by
Forest E Patten Ret
Current Estimated Value
$4,865,647
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Forest E Patten Ret $200,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Rented $4,000 0.0% --
06/02/2022 06/02/22 For Rent $4,000 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $44,320 $5,391,700 $5,126,200 $265,500
2023 $34,921 $3,520,300 $3,341,500 $178,800
2022 $33,830 $3,520,300 $3,341,500 $178,800
2021 $32,844 $3,520,300 $3,341,500 $178,800
2020 $35,805 $3,483,000 $3,359,000 $124,000
2019 $35,805 $3,483,000 $3,359,000 $124,000
2018 $34,795 $3,483,000 $3,359,000 $124,000
2017 $36,705 $3,274,300 $3,159,100 $115,200
2016 $35,788 $3,274,300 $3,159,100 $115,200
2015 $35,027 $3,282,800 $3,159,100 $123,700
2014 $18,022 $1,494,400 $1,393,200 $101,200
Source: Public Records

Agents Affiliated with this Home

  • Jessica Chase

    Landlord's Agent in 2022

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    1 in this area

    86 Total Sales

    Section Image
  • Tina Wiley

    Landlord's Co-Listing Agent in 2022

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    1 in this area

    51 Total Sales

    Section Image
  • Meredith LeBlanc

    Tenant's Agent in 2022

    Meredith LeBlanc

    Hogan Associates Christie's

    (401) 935-5706

    17 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1308939

State-Wide MLS

APN: NEWP-000043-000000-000039

Rhode Island Newport County Newport 02840 Ocean Drive

282 Ocean Ave, Newport, RI

This home is located at 282 Ocean Ave, Newport, RI 02840 since 02 June 2022 and is currently priced at $4,800,892. This property was built in 1960. 282 Ocean Ave is a home located in Newport County with nearby schools including Rogers High School.

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