162 Rhode Island Avenue, Newport, RI 02840

$3,250,000 Asking Price

5 beds
5 baths
4,048  sqft
Built in 1981

Welcome to Tulipwood, your new five bed, five and a half bath home on a quiet half acre of manicured grounds. This sun-drenched residence, located in the Kay-Catherine neighborhood, one of the most desirable neighborhoods in Newport. Tulipwood is a couple of blocks from First beach, restaurants and downtown. The home has been renovated to offer modern open concept living, maintaining classic charm with reclaimed barn beams throughout. The south facing kitchen, Hardwood flooring, airy family room with marble fireplace and convenient first floor laundry are just some of the recent updates to this over 4000 square-foot home. On the second floor you'll find two en-suite primary bedrooms as well as guest bedroom, second floor bath and another guest room or office. In addition, the home offers a separate studio or guest space on the first floor well equipped with its own kitchen, living room, bath and bedroom. A great in-law or guest suite option! The lower level features an additional family room, guest space, full bath, and storage. From the first floor, open the picturesque French doors and step onto a mahogany deck, large enough for entertaining. The deck and the back of the home overlook a private yard large enough to install a pool and garage. Truly a hidden gem.


Features & Amenities

Interior

General:
Skylights,Tub Shower,Cable TV
Appliances:
Dishwasher,Gas Water Heater,Microwave,Oven,Oil Water Heater,Range,Refrigerator,Water Heater
Basement:
Exterior Entry,Full,Interior Entry,Partially Finished
Flooring:
Ceramic Tile,Hardwood,Laminate,Carpet
A/C:
true, Heat Pump,1 Unit
Heating:
true, Baseboard,Electric,Heat Pump,Hot Water,Oil,Zoned
Fireplace:
Marble, Fireplace, Fireplaces: 2

Exterior

General:
Deck,Patio
Style:
Cabin/Cottage
Parking:
No Garage, Parking spaces: 8

Construction

Windows:
Skylight(s),Thermal Windows
General:
Drywall,Shingle Siding,Wood Siding, 2, Concrete Perimeter

Location

Originating MLS:
RIS
County:
Newport

Lot

Zoning:
R20, 162RHODEISLANDAVNEWP

Utilities

Utilities:
Sewer Connected, 150 Amp Service,200+ Amp Service,Circuit Breakers
Water:
Connected,Public
Sewer:
Connected,Public Sewer

Financial

Source:
RIS
NA Compensation:
2.5%VNS to Co-Broke.

This listing courtesy of:
Gustave White Sotheby's Realty

About Newport, RI

Housing

Number of Units
13,398
Median Home Value
$529,518
Median Rent
$1,100

54.39% of housing units are renter occupied.

18.99% are vacant.

Commute

Car
53.91%
Public Transportation
1.82%
Walk to Work
7.38%
Work from Home
34.31%
Other
1.34%

The median travel time to work is 14 minutes.

People

Population
24,574
Median Age
38.80
Median Household Size
2.34

Education

High School
18.91%
Associate’s Degree
4.92%
Bachelor’s Degree
31.26%
Graduate Degree
22.40%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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