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Land with Home for Sale in Newport, Rhode Island

315 Ocean Ave, Newport, RI 02840

$7,850,000
3.7 acres
Active
ago
Est $41,675/mo

"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.

3,228
Sq feet
3
Beds
4
Full baths
1
1/2 bath
1982
Built

Location

Street address
315 Ocean Ave
Community
Ocean Drive
Elevation
56 feet
Coordinates
41.4582, -71.3376

Property details

Acreage
3.71 acres
Zoning
R160
MLS #
SWMLS 1406341
Posted

Property taxes

2025
$48,281

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Sotheby's International Realty

Lot

View
Water
Features
Local Historic District, Underground Utilities

Exterior

Parking Spaces
8
Pool
Patio, Porch

Structure

Stories
3
Water
Public
Sewer
Septic Tank
Heating
Oil, Zoned
Cooling
Central Air, Ductless
Materials
Dry Wall, Shingles, Wood

Interior

Rooms
Basement, Bathroom x 5, Bedroom x 3
Flooring
Carpet, Ceramic Tile, Hardwood
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Trash Compactor
Features
Cedar Closet, Plumbing (Mixed), Stairs, Wall (Dry Wall)

Listing history

DateEventPriceChangeSource
Mar 12, 2026New listing$7,850,000SWMLS
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This 3.71-acre property is located at 315 Ocean Ave in Newport, RI 02840. The property is available for sale for $7,850,000. It has a 3,228 sq ft 3 bedroom, 4 bath house built in 1982.

Checked 2 hours ago — Updated

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