Price Reduced 8.16%


Price History

$2,450,000
8/5/2024

$2,250,000
10/2/2024


40 42 Catherine Street, Newport, RI, 02840

40 42 Catherine Street, Newport, RI, 02840

12 rooms

5 beds

4 Full baths

1880

PRIME NEWPORT OASIS. Hidden in plain sight, this 31,000+ square foot property is one of the largest residential parcels in the desirable Kay/Catherine neighborhood, right off Bellevue Avenue, and a stone's throw to the Cliff Walk, Tennis Hall of Fame, Redwood Library and Newport Harbor. The property consists of 2 buildings - 40 Catherine, a 3-bedroom/2-bath house, and 42 Catherine, a charming 2-story converted barn with 2 one-bedroom apartments. 40 Catherine features a grand living room - once the office of architect George Champlin Mason with wood-burning fireplace and tall Palladian arched windows. A great outdoor deck and wonderful yard offer seamless indoor-outdoor living with room for entertaining al fresco. A private bedroom suite is on its own floor upstairs, while the main floor includes a large open kitchen/dining, separate dining/study, bathroom and the second and third bedrooms. A first floor garage offers an additional 1500+ sf of storage space or potential additional living area. 42 Catherine offers all the charm of an historic barn conversion with potential for family compound, rental income and/or guest accommodation. The first floor is just one step up, spanning over 1300 sf, with a huge great room, Dutch door, charming patio, wood-burning fireplace, open kitchen, laundry, bathroom, and first floor bedroom. The second floor is an additional one-bedroom apartment, rented to a long-term tenant through April 2025. Sublime!


Status:

Pending

Type:

Multi-family

Units:

3

Zoning:

R20

Subdivision:

Kay/Catherine btw Greenough/Ayrault

Garage:

2-car Built In

Heating:

Gas, Hot Water

Cooling:

None

Basement:

None

Parking:

7-car

Acreage:

0.72

Est. Taxes:

$14,873

Assessment

$1,809,100

Construction

Wood Siding

Utilities

Sewer Connected

Days on Market:

74

Appliances:

Gas Water Heater

MLS #:

1364772


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Gustave White Sotheby's Realty 401-849-3000