$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. Welcome to the majestic Whitestone Estate, designed by the renowned architects McKim, Mead and White. This penthouse is private and peaceful with a south facing covered balcony from which to relax and enjoy serene views and evening sea breezes. Nestled in a premium south after location, it is within an easy stroll to Cliff Walk, First Beach, Bellevue Avenue, Tennis Hall of Fame & a few minutes' walk to Bannister's and 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 with cherry cabinets adjoins the fireplaced dining & living room where stately French doors open to the charming balcony overlooking the expansive backyard where lush 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 currently 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. An ideal primary or second home by the sea in Newport, known to many as the Sailing Capital of the World. Outstanding!

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

  • MLS Number: 1379573
  • MLS Name: RIS
  • Office Name: Compass / Lila Delman Compass
  • Office Phone: (401) 848-2101
  • Office Email: robert.leighton@compass.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: 4/4/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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sunroom / solarium featuring radiator heating unit

$950,000

1 Oakwood Ter Unit 9

$10,000

closing credit¹

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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. Most Newport, RI residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

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

About 1 Oakwood Ter Unit 9

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.

In March 2025, from all listings sold in Newport, RI there were more than 3 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price. In March 2025 in Newport, RI there were 4.5% more homes for sale than in February. In March 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $914,750.

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

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