#1378036, Listing Office: Compass / Lila Delman Compass
41 Castle Hill Ave Newport, RI 02840
Property details
About 41 Castle Hill Ave
With amazing views overlooking the Atlantic Ocean, "Castleberry" was built as a family retreat in mind for its walkability to the beach, pool, and plenty of room for family and guests. Location, location, location are key words here. This 5-bedroom, 7-1/2 bath, shingle style home has 8614 sf above ground living space with an additional 2,679 sf of lower level living space of media room with wet bar, exercise room, and utility room. An elevator makes this a comfortable home for all ages. The main level has a family room with fireplace that may also be used as a first floor bedroom with its full bath. The Great Room provides an open floor plan for food preparation/dining, sitting area to enjoy your guests and family while entertaining casually. A formal dining room is also on the first floor. The second floor balconies and windows allow breathtaking views out onto Ocean Drive and the beach. The second floor primary bedroom has another fireplace. The laundry room on this floor makes life convenient. There is a top floor 18'x18' sunroom/observation deck to catch the sunsets over the ocean and beach. This coveted area off Ocean Drive provides privacy and private beach access. The Castle Hill Inn is a short walk up the hill where neighbors are always welcome. House is being offered Turnkey except for personal items.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 7
- Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood
- Interior: Wet Bar, Elevator
- Fireplace: Gas
- Total Bedroom Count: 5
- Attached Garage: Yes
- Parking: Attached, Built In, Garage, Garage Door Opener
- Waterfront: Beach, Water Access, Waterfront
- View: Water
- Architectural Style: Contemporary
- Heating: Natural Gas, Zoned
- Cooling: Central Air
- List Price: $10,500,000
- Price/SqFt: $929
- Annual Tax Amount: $80,332
- Tax Year: 2024
- Lot: Corner Lot
- Year Built: 2003
- Stories: 4
- Living Area: 11,293 SqFt
- Lot Size: 0.99 Acres
- MLS Number: 1378238
- MLS Name: RIS
- Office Name: Compass / Lila Delman Compass
- Office Phone: (401) 848-2101
- Office Email: robert.leighton@compass.com
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Last updated on: 5/5/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$10,500,000
41 Castle Hill Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 01, 2005 | Home Sold | $15,700 |
May 09, 2000 | Home Sold | $365,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $9,772,800 | $80,332 |
2023 | $5,384,700 | $53,416 |
2022 | $5,384,700 | $51,747 |
2021 | $5,384,700 | $50,239 |
2020 | $4,753,000 | $48,861 |
2019 | $4,753,000 | $48,861 |
History based on county public records data.
Nearby schools
7
Melrose Avenue School
Public District PK-4
3.0 mi
•76 Melrose Ave
4
Claiborne Pell Elementary School
Public District PK-4
4.2 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
5.7 mi
•1113 Aquidneck Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,571. Typical income of Newport, RI residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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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 41 Castle Hill Ave
The listing price of 41 Castle Hill Ave property is $10,500,000.
The property 41 Castle Hill Ave is a house located in Newport, Rhode Island, 02840.
Active Listing: 41 Castle Hill Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 41 Castle Hill Ave are: Melrose Avenue School (GreatSchools Rating 7/10), Claiborne Pell Elementary School (GreatSchools Rating 4/10), Joseph Gaudet Academy (GreatSchools Rating 5/10), Lawn Avenue School (GreatSchools Rating 8/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Rogers High School (GreatSchools Rating 3/10), Middletown High School (GreatSchools Rating 4/10), Narragansett High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $80,332 (source: MLS/based on county public records data).
The last sale was on April 1, 2005 for $15,700 (source: MLS/tax record).
The property at 41 Castle Hill Ave has 5 bedrooms and 7 full and 1 half bathrooms.
The property 41 Castle Hill Ave is 11,293 SqFt (source: MLS/tax record).
The year of construction for 41 Castle Hill Ave is 2003.
This home is located at 41 Castle Hill Ave in Newport, RI and zip code 02840. This 11,293 square foot home, which was built in 2003, sits on a 0.99 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 20, 2025 and is currently priced at $10,500,000.
In April 2025 more than 2 listings in Newport, RI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. Between March and April 2025, Newport, RI real estate market has seen increase in the number of listings by 40.6%. Listings spent 45 days on the market in April 2025, and had a median list price of $925,000 during the same period.