$950,000

1 Oakwood Ter Unit 9 Newport, RI 02840

$10,000
Closing credit¹
2 beds
2 full
1,480 sqft
0.7 acres
$642 / sqft
Condo

Property details

About 1 Oakwood Ter Unit 9

Exceptional opportunity to own a beautiful 2 bedroom, 2 bath PENTHOUSE in an elegant National Historic Building, once a grand private estate. Welcome to the majestic Whitestone Estate, designed by renowned architects McKim, Mead and White. The Penthouse is private and peaceful with a south facing covered balcony from which to relax & enjoy serene views & evening sea breezes. Nestled in a premium sought after location, it's within an easy stroll to Cliff Walk, First Beach, Bellevue Avenue, Tennis Hall of Fame & a few minutes walk to Bannister's & Bowen's Wharf in the heart of Downtown, home to Newport's best restaurants and shops on famed America's Cup Avenue. Showcasing its historic period charm & classic architecture the unit has high ceilings, built-in bookcases, and detailed moldings. The kitchen adjoins the fireplaced dining & living room where stately French doors open to the charming covered balcony overlooking the expansive lush backyard where inviting garden seating and grill area is perfect to enjoy al fresco entertaining with friends and family on warm summer days. The primary bedroom has an ensuite bath while the second bedroom serves as a family room and home office. In addition to in-unit laundry & private attic for ample storage, there is additional basement storage & outdoor shed. One assigned parking space, guest parking & professionally managed. Ideal primary or second home by the sea in Newport. Don't miss the opportunity to own a piece of Newport's History!

Highlights

Home typeCondominium
HeatingNatural Gas, Hot Water, Other
StatusActive
CoolingWindow Unit(s)
Size1,480 sqft
BasementYes
Lot size0.7088 Acres
Year built1900
ParkingAssigned, No Garage
MLS #1379573
WaterfrontWaterfront
FireplaceGas

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Cathedral Ceiling(s), High Ceilings, Permanent Attic Stairs, Storage, Stall Shower, Vaulted Ceiling(s), Cable TV
  • Fireplace: Gas
  • Total Bedroom Count: 2
  • Parking: Assigned, No Garage
  • Waterfront: Waterfront
  • Exterior: Balcony
  • Architectural Style: High Rise
  • Heating: Natural Gas, Hot Water, Other
  • Cooling: Window Unit(s)
  • List Price: $950,000
  • Price/SqFt: $641
  • HOA Amount: $1019 Monthly
  • Lot: Corner Lot
  • Year Built: 1900
  • Stories: 3
  • Living Area: 1,480 SqFt
  • Lot Size: 0.7088 Acres
  • MLS Number: 1379573
  • MLS Name: RIS
  • Office Name: Compass / Lila Delman Compass
  • Office Phone: (401) 848-2101
  • Office Email: Kendra.Toppa@LilaDelman.com

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 7:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1 Oakwood Ter Unit 9, Newport, RI 02840 - sunroom / solarium featuring radiator heating unit

$950,000

1 Oakwood Ter Unit 9

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

1.5 mi

35 Dexter St

5

Joseph Gaudet Academy

Public District 4-4

2.6 mi

1113 Aquidneck Ave

7

Melrose Avenue School

Public District PK-4

4.1 mi

76 Melrose Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,333. Residents of Newport, RI typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

33%
<35k
40%
35k-100k
22%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

71%
Single, No Kids
7%
Single, with Kids
15%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Continuing Education CoursesContinuing Education Courses
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • QdobaQdoba
  • Boston MarketBoston Market

What do the neighbors drive?

  • OldsmobileOldsmobile
  • VolkswagenVolkswagen
  • VolvoVolvo

What do the neighbors listen to?

  • NewsNews
  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Newport, RI

Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.

The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.

Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.

Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.

About 1 Oakwood Ter Unit 9

The listing price of 1 Oakwood Ter Unit 9 property is $950,000.

The property 1 Oakwood Ter Unit 9 is a condo located in Newport, Rhode Island, 02840.

Active Listing: 1 Oakwood Ter Unit 9 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1 Oakwood Ter Unit 9 are: Claiborne Pell Elementary School (GreatSchools Rating 4/10), Joseph Gaudet Academy (GreatSchools Rating 5/10), Melrose Avenue School (GreatSchools Rating 7/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Lawn Avenue School (GreatSchools Rating 8/10), Rogers High School (GreatSchools Rating 3/10), Middletown High School (GreatSchools Rating 4/10), North Kingstown High School (GreatSchools Rating 7/10).

The property at 1 Oakwood Ter Unit 9 has 2 bedrooms and 2 bathrooms.

The property 1 Oakwood Ter Unit 9 is 1,480 SqFt (source: MLS/tax record).

The year of construction for 1 Oakwood Ter Unit 9 is 1900.

This home is located at 1 Oakwood Ter Unit 9 in Newport, RI and zip code 02840. This 1,480 square foot home, which was built in 1900, sits on a 0.71 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $950,000.

While more than 2 listings in Newport, RI in April 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. In April 2025 in Newport, RI there were 40.6% more homes for sale than in March. Listings spent 45 days on the market in April 2025, and had a median list price of $925,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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