CCertihomes
11 Ocean Heights, Newport, RI 02840

$7,995,000

7 beds 8 baths 9,150 sqft Built 2024Active

About this home

Located just off Newport's Ocean Drive, this custom built 7 bed, 6 full, 2 half bath home directly overlooks the Hazard marsh with views beyond to the Atlantic ocean. Sited on 1.31 acres, on a dead end street this home offers a very private setting while being centrally located in Newport. The custom built total of 9150 square feet of living space will offer top of the line features and amenities throughout. An open floor plan with floor to ceiling windows and sliders that open to a West facing patio with pool will offer the perfect venue for sunset entertaining, dinner parties and family gatherings. This home also offers a walking path easement at the end of Ocean Heights Rd. directly down to Ocean Drive and Gooseberry Beach creating easy beach access.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$52,266/mo

Real estate (PITI + HOA + PMI)
$53,287
Principal + interest$36,261
Property tax + insurance$14,028
PMI / 2nd mortgage$2,998
Utilities
$3,519
Heating + cooling$1,613
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$127
$52,266/mo TLC
Budget$52,766/mo
Remaining after TLC$500/mo
Purchase price
$7,995,000
Down payment
$399,750 (5%)
Loan amount
$7,595,250
APR
4%

Quick facts

Type
Residential
Style
Contemporary
Year built
2024
Lot size
1.31 ac
Stories
0
Heating
Natural Gas, Central Air, Central
Cooling
Central Air
Water
Connected
HOA
Annual tax
MLS #
1357215
County
Newport

At a glance

Air conditioning
Fireplace
Basement
Pool
Garage (3)
Dishwasher
New construction

Home features

Appliances
Electric Water HeaterGas Water HeaterDishwasherOven/RangeRefrigerator
Interior
Cathedral CeilingsStairsWalls: Dry WallPlumbing: MixedInsulation: CeilingFloorsWalls
Exterior
Porch
Parking
Attached
Pool
In Ground
Fireplace
Brick
Flooring
Ceramic Tile, Hardwood
Sewer
Connected

Lot features

Local Historic District, Private Compound

Neighborhood — 02840

MetricThis ZIPCountyUSA
Population25,6781,095,423299,088,112
Population Change Since1990-8.00%9.00%20.00%
Population Density3,344994
Male12,039529,266147,432,321
Female13,562566,157151,655,844
Never Married7,807266,40463,775,926
Married8,167435,678123,120,365
Separated1,47343,64212,639,686
Widowed1,69966,66815,467,586
Divorced2,69183,84323,075,029
Number Of House Hold10,531410,399111,826,380
Average House Hold Size2.272.562.60
Medial Age38.5237.2735.46
Median House Hold Income$48,216$47,553$48,276
Average House Hold Income$65,270$61,609$63,629
P C I$28,066$23,965$24,529
M D I$41,065$40,634$41,133
A T H E$52,096$49,940$50,898
S T R7.00%7.00%
W C J80.40%78.02%77.74%
(Zip) Code
2840

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →
RI & State Wide MLS

Listing information last refreshed 4/19/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

11 Ocean Heights · Newport — $7,995,000 · Certihomes