Condominium at 41 School Street UNIT 2, Newport
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$1,525,000

41 School Street UNIT 2
Newport, RI 02840
Listed by Newport Living Group
Bedrooms
2
Bathrooms
2.5
Living area
1,265 sqft
Year built
1820

About this home

Perched on the second floor in the heart of Historic Hill with views of historic steeples, this newly renovated 2-bedroom, 2.5-bath condominium seamlessly pairs historic elegance with high-end modern living. Residents enter through a stately mahogany front porch into an elegant foyer. Bathed in an abundance of natural light, the home features soaring ceilings anchored by stunning coffered detailing in the living room, beautiful white oak floors throughout, and two cozy gas fireplaces. The heart of the home is a true chef’s kitchen, with an oversized island, premium Kohler faucets, and a charming window seat. Designed for ultimate versatility, the layout includes high-end, elegant light fixtures and a dedicated flex space ideal for a private office or a secondary walk-in closet. Both bedrooms feature closets with custom built-ins and luxurious ensuite baths with radiant heated floors, while the primary suite elevates relaxation with a deep soaking tub. Living here is effortless, with private elevator access and professional property management that includes dedicated private storage space, one garage bay, and two off-street parking spaces. Residents enjoy direct access to a beautifully landscaped yard, hardscape patio, garden-level common room outfitted with a wet bar, half bath, table perfect for dining or afternoon mahjong, and a separate seating area for entertaining. Centrally located and incredibly walkable to experience Newport life right from your doorstep.

Highlights

Fireplace

Property details

MLS #
1423094
Property type
Condominium
Subdivision
Historic Hill
Status
Active
Days on market
13
On market date
September 11, 2026
Stories
1
Total bathrooms
2.5
Garage spaces
1
Parking spaces
3
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
Newport Area Career Tech Ctr
1.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
District
Newport

Walkability

Blended score for Newport's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools11
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Newport, from live MLS data.

On the market 13 days -- 66 fewer days than Newport's current average of 79 days.
For reference, the median list price across 717 active listings in Newport right now is $5,000.

Mortgage calculator

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Est. monthly payment
$9,334/mo
$305,000 down
$1,220,000 loan
Principal & interest$7,913
Property tax (est.)$1,271
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 18 hr ago.

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.