$6,500,000
 $34,893 est/mo Sourced by Back At You

315 Ocean Avenue,Newport, RI 02840

Newport, RI 02840

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Description

"Twin Ledges" located on historic Ocean Drive, is a charming seaside retreat, offering privacy and seclusion, nestled within beautifully landscaped grounds, expansive lawns and ocean views. The shingled-style residence, custom built in 1982, sits on nearly four acres and features four levels of finished living space, designed to maximize natural light and scenic vistas. The main level offers a spacious living and dining area with an open, airy feel highlighted by vaulted ceilings, a wood-burning fireplace, and large windows that frame the surrounding landscape. A charming kitchen provides convenience while maintaining the home's open layout. The living space flows seamlessly to captivating, enclosed porch - perfect for gathering with family and guests while enjoying the coastal setting. Two bedrooms, a full bath and powder room complete this level. The top floor's primary en-suite bedroom boasts its own wood-burning fireplace and lovely views of the ocean. The finished lower level offers comfortable living space, complimented by a steam shower, wine cellar, and cedar closet with direct access to the heated saltwater pool. A two-car garage includes an elegant one-bedroom in-law suite above, connected to the main residence by a classic porte-cochere.

Details

MLS #1406341
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1982
Days On Site209
Listing Provided ByGustave White Sotheby's Realty | Tina Wiley

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet4,593
Garage2
BasementY
PoolYes
Story(s)3
ZoningR160
Acreage3.71
Water FrontYes
Property ViewWater, Saltwater View

Interior

Rooms Total8
HeatingOil, Forced Water, Zoned
Heating Yes / NoYes
CoolingCentral Air, Ductless
Cooling Yes / NoYes
AppliancesDishwasher, Dryer, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Trash Compactor
Interior FeaturesWall (Dry Wall), Cedar Closet(s), Stairs, Plumbing (Mixed), Insulation (Unknown)
Fireplace Yes / NoYes
Fireplaces Total2
Fireplace FeaturesBrick

Exterior

Exterior FeaturesPatio, Porch
Foundation DetailsConcrete Perimeter
Lot FeaturesLocal Historic District, Underground Utilities
Patio And Porch FeaturesPatio, Porch
Community FeaturesPrivate School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming
Construction MaterialsDry Wall, Shingles, Wood

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes
Parking FeaturesAttached

Utilities

UtilitiesWater Connected
SewerSeptic Tank
Electric200+ Amp Service, Circuit Breakers

Location

Community FeaturesPrivate School, Public School, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming

Taxes

Tax Annual Amount52754
Tax Assessed Value5556600
Tax Lot43
Tax Year2026

Area Information

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameOcean Drive
Listing VS Median (in Ocean Drive)
Price:
$6,500,000
low | high
Med:
$35,000
100% of Average
sqft:
4,593
low | high
Med:
12,077
100% of Average
$ / sqft:
$1,415
low | high
Med:
$4
100% of Average
On site:
209
low | high
Med:
196.5
100% of Average
Sourced by Back At You

Market Activity 02840

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Learn More About This Property

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameOcean Drive
Listing VS Median (in Ocean Drive)
Price:
$6,500,000
low | high
Med:
$35,000
100% of Average
sqft:
4,593
low | high
Med:
12,077
100% of Average
$ / sqft:
$1,415
low | high
Med:
$4
100% of Average
On site:
209
low | high
Med:
196.5
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 6:47:25 PM PDT