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$1,590,000

41 School Street UNIT 1
Newport, RI 02840
Listed by Newport Living Group
Bedrooms
2
Bathrooms
2.1
Living area
1,244 sqft
Year built
1820

About this home

Nestled in the heart of Newport’s Historic Hill, this newly renovated first-floor condominium masterfully blends historic charm with sophisticated modern luxury. Guests enter through a stately mahogany front porch into an elegant foyer setting a grand tone for the home. This expansive two-bedroom, 2.5-bath residence features soaring ceilings and beautiful white oak floors throughout, highlighted by elegant, coffered detailing in the main living area. Perfect for today's lifestyle, the layout includes a dedicated private office, two cozy gas fireplaces that add warmth & character, and high-end, stylish light fixtures. The spectacular chef's kitchen comes complete with a premium gas stove and a statement island featuring sleek waterfall countertops. Both bedrooms boast large closets with custom built-ins and luxurious ensuite baths complete with radiant heated floors and premium Kohler faucets. Convenience is paramount in this elevator-serviced building; unit 1 offers direct access to a beautiful yard. Included with the unit is a dedicated private storage room, one garage bay, and two off-street parking spaces. Residents can enjoy premium community amenities, including a hardscape patio, garden-level common room equipped with a wet bar, half bath, multi-functional table perfect for dining or afternoon mahjong, and a separate seating area for entertaining. Centrally located, this professionally managed property invites you to leave the car behind and walk everywhere.

Highlights

FireplaceNew construction

Property details

MLS #
1416299
Property type
Condominium
Subdivision
Historic Hill
Status
Active
Days on market
1
On market date
N/A
Stories
1
Garage spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claiborne Pell Elementary
1.47 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Frank E. Thompson Middle
0.29 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.7:1
District
Newport
High
Rogers High School
1.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
11.4:1
District
Newport

Mortgage calculator

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Est. monthly payment
$9,725/mo
$318,000 down
$1,272,000 loan
Principal & interest$8,250
Property tax (est.)$1,325
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 27, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.