$10,500,000

41 Castle Hill Ave Newport, RI 02840

5 beds
7 full, 1 partial
11,293 sqft
1.0 acres
$930 / sqft
House

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

Home typeSingle Family Residence
HeatingNatural Gas, Zoned
StatusActive
CoolingCentral Air
Size11,293 sqft
BasementYes
Lot size0.99 Acres
Year built2003
ParkingAttached, Built In, Garage, Garage Door Opener
MLS #1378238
Attached garageYes
WaterfrontBeach, Water Access, Waterfront
FireplaceGas
ViewWater

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

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: 5/5/2025, 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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41 Castle Hill Ave

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Price information

Property sales

DateEventPrice
Apr 01, 2005
Home Sold
$15,700
May 09, 2000
Home Sold
$365,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

19%
<35k
35%
35k-100k
35%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
5%
Single, with Kids
27%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • H&MH&M
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • LexusLexus

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • NewsNews
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 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.

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

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