#1388054, Listing office: Edge Realty RI
$1,739,000 List price
50 School St Unit 5 Newport, RI 02840
2 beds
2 full, 1 partial
1,627 sqft
$1,069 / sqft
Condo
Property details
About 50 School St Unit 5
Meticulously designed to meet the most discerning tastes, this exquisite condominium offers 1,627 sqft of elegant living space nestled in the heart of Historic Hill. As you step inside, you will be captivated by the soaring cathedral ceilings and the warmth of hardwood floors throughout. The expansive living area features oversized windows that flood the room with natural light while accompanied by a gas fireplace framed with detailed woodwork, creating a cozy space and perfect for relaxing evenings. The gourmet kitchen is equipped with Wolf and Subzero appliances, inset cabinetry, and stone countertops. Custom California closets offer ample storage in both bedrooms, while the in-unit laundry adds ease to your daily routine. This residence includes two spacious bedrooms and two and a half luxurious bathrooms, designed with elegant, modern finishes. The building features a newly remodeled foyer, elevator for easy access, and a private parking garage with assigned spaces, ensuring convenience and security. For those who enjoy outdoor living, a communal roof top deck with wet bar provides the prime setting for entertaining or simply enjoying the panoramic views of Newport Harbor. Experience the vibrant lifestyle of Newport with the benefit of walking to all the city by the sea has to offer, from fine dining and shopping to cultural attractions. This luxury condominium embodies the flawless fusion of historic charm and contemporary elegance. Brand new custom furniture included.
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,627 sqft
BasementYes
Year built1803
ParkingAssigned, Built In
MLS #1388967
Attached garageYes
FireplaceGas
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood
- Interior: Cathedral Ceiling(s), High Ceilings, Stall Shower, Vaulted Ceiling(s), Elevator, Furnished
- Fireplace: Gas
- Total Bedroom Count: 2
- Attached Garage: Yes
- Parking: Assigned, Built In
- Exterior: Deck, Paved Driveway
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $1,739,000
- Price/SqFt: $1,068
- HOA Amount: $755 Monthly
- Annual Tax Amount: $11,905
- Tax Year: 2024
- Lot: Corner Lot
- Year Built: 1803
- Stories: 4
- Living Area: 1,627 SqFt
- MLS Number: 1388967
- MLS Name: RIS
- Office Name: 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: 7/26/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 29, 2022 | Home Sold | $1,435,000 |
| Dec 20, 2021 | Home Sold | $1,350,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,448,300 | $11,905 |
| 2023 | $835,100 | $8,284 |
| 2022 | $835,100 | $8,025 |
| 2021 | $835,100 | $7,791 |
| 2020 | $668,200 | $6,869 |
| 2019 | $668,200 | $6,869 |
History based on county public records data.
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
2.7 mi
•1113 Aquidneck Ave
7
Melrose Avenue School
Public District PK-4
3.7 mi
•76 Melrose 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 $61,111. Typical income of Newport, RI residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
30%
<35k
48%
35k-100k
16%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
4%
Single, with Kids
19%
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
2%
12-17 yrs old
31%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
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 50 School St Unit 5
The listing price of 50 School St Unit 5 property is $1,739,000.
The property 50 School St Unit 5 is a condo located in Newport, Rhode Island, 02840.
Active Listing: 50 School St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 50 School St Unit 5 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).
According to the records, the last property tax for 2024 is $11,905 (source: MLS/based on county public records data).
The last sale was on April 29, 2022 for $1,435,000 (source: MLS/tax record).
The property at 50 School St Unit 5 has 2 bedrooms and 2 full and 1 half bathrooms.
The property 50 School St Unit 5 is 1,627 SqFt (source: MLS/tax record).
The year of construction for 50 School St Unit 5 is 1803.
This home is located at 50 School St Unit 5 in Newport, RI and zip code 02840. This 1,627 square foot home was built in 1803. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $1,739,000.
Newport, RI housing market in June 2025 saw over 5 listings sold above listed price, more than 5 sold at listed price and over 14 sold below. In June 2025 in Newport, RI there were 23.7% more homes for sale than in May. In June 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $958,750.
From Rocket Homes Real Estate and based on county public records data.