$3,300,000
SOLD JUL 14, 2025

57 Ledge Rd Unit 2 Newport, RI 02840

Bellevue Avenue and Estates Neighborhood
2 Beds
2 Baths
1,781 Sq Ft
$750/mo HOA Fee

Recently Sold

$1,853 Per Sq Ft

4 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Deck
  • Marina
  • Water Access
  • Private Lot

About This Home

As of July 2025

Perched on a rocky promontory above the Atlantic Ocean, this extraordinary residence at the Waves occupies the second floor of the 1922 historic mansion designed by noted American architect John Russell Pope as his own home. Located on Ledge Road with a gated entry and sweeping views of Bailey's Beach and the Cliff Walk the two-bedroom, two-bathroom residence offers harmonious blending of modern amenities and traditional elegance; each room with a wood burning fireplace. The dramatic private entrance to the second-floor landing leads past a well-equipped galley kitchen to the gracious living room / dining area enhanced with carved wood paneling and expansive ocean-facing windows. Evoking a bygone era while embracing contemporary comfort the original architectural details have been thoughtfully preserved lending authenticity and charm. This makes for a wonderful entertaining area or a cozy place to sit next to the fireplace. The roomy primary suite has an office alcove with historically accurate reproduction windows, a walk-in closet and a deck overlooking the ocean. The 2nd ensuite bedroom also has ocean views. An additional 520 square feet of unfinished third-floor space awaits your vision. This is a rare offering for the first time in 20 years within one of Newport's most architecturally significant residences. A truly unique opportunity for those seeking timeless beauty, coastal grandeur, and a link to Newport's gilded past.

Last Agent to Sell the Property

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 06/19/2025

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 06/19/2025

RE/MAX Profnl. Newport, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,948

Year Built

  • Built in 1922

Lot Details

  • Beach Front
  • Security Fence
  • Secluded Lot

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stone Foundation
  • Wood Siding
  • Masonry
  • Plaster

Interior Spaces

  • 1,781 Sq Ft Home
  • 3-Story Property
  • Dry Bar
  • 3 Fireplaces
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Unassigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Compressor
  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 57LEDGERD2NEWP

Community Details

Overview

  • Association fees include insurance, laundry, ground maintenance, parking, snow removal, trash, water
  • 2 Units
  • Ledge Road/Bellevue Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation
  • Community Storage Space

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,948

Year Built

Built in 1922

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Ledge Road/Bellevue
  • Above Grade Finished Sq Ft: 1781.0
  • Building Name: Ledge Road Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1922
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Pets Negotiable,Small Dogs (under 25 lbs.)
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Other Equipment: Compressor
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry,Second Floor Acce
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Attic, Cedar Closet(s), Dry Bar, Internal Expansion, Permanent Attic Stairs, Storage, Stall Shower, Tub Shower
  • Living Area: 1781.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Fencing: Security
  • Lot Features: Private, Secluded, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Masonry, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Individual, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Storage
  • Association Fee: 750.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Laundry, Maintenance Grounds, Parking, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 57LEDGERD2NEWP
  • Zoning: R-60

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 13948.0
  • Tax Lot: 86
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Jul 11, 2025
Sold by
Leonard A Grace T A and Leonard Grace
Bought by
Lewinstein Stephen R
Seller's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$3,300,000
Sold Price
$3,300,000
Views
24
Current Estimated Value
$3,132,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,161
Avg. Annual Appreciation
-11.64%

Purchase Details

Closed on
Sep 20, 2005
Sold by
Clews Christopher S and Clews Henry M
Bought by
Grace Leonard A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,300,000 --
Deed $3,300,000 --
Deed $1,850,000 --
Deed $1,850,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2025 07/14/25 Sold $3,300,000 0.0% $1,853 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $3,300,000 -- $1,853 / Sq Ft
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
2025 $17,388 $2,001,200 $0 $2,001,200
2024 $13,948 $2,001,200 $0 $2,001,200
2023 $11,626 $1,172,000 $0 $1,172,000
2022 $11,263 $1,172,000 $0 $1,172,000
2021 $10,935 $1,172,000 $0 $1,172,000
2020 $11,065 $1,076,400 $0 $1,076,400
2019 $11,065 $1,076,400 $0 $1,076,400
2018 $10,753 $1,076,400 $0 $1,076,400
2017 $12,066 $1,076,400 $0 $1,076,400
2016 $11,765 $1,076,400 $0 $1,076,400
2015 $11,485 $1,076,400 $0 $1,076,400
2014 -- $1,084,900 $0 $1,084,900
Source: Public Records

Agents Affiliated with this Home

  • Edith Cushing

    Seller's Agent in 2025

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6750

    8 in this area

    42 Total Sales

    Edith Cushing
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1387835

State-Wide MLS

APN: NEWP-000038-000086-000002

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

57 Ledge Rd Unit 2, Newport, RI

Sold

Townhouses

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