Condominium at 46 Chastellux Avenue UNIT M7, Newport
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$629,000

46 Chastellux Avenue UNIT M7
Newport, RI 02840
Listed by Arthur Chapman
Bedrooms
2
Bathrooms
1
Living area
1,174 sqft
Year built
1860

About this home

Own a piece of Newport's Gilded Age. Ocean Manor was designed in 1858 by noted Newport architect George Champlin Mason as an Italianate summer residence for David King. Later known as Mount Aerie, the house hosted a young Eleanor Roosevelt in the summer of 1903 during her first season as a debutante. Today the estate house is an intimate condominium association, set back from the street and surrounded by mature plantings. Unit M7 is a 2-bedroom, 1-bath residence offering 1,174 square feet and a large private deck overlooking the grounds. The unit needs major updating throughout, giving the next owner the chance to design a kitchen, bath, and finishes to their own taste. Kings Park, the harbor, the New York Yacht Club, and Ida Lewis Yacht Club are close by.

Property details

MLS #
1424420
Property type
Condominium
Subdivision
Newport Harbor
Status
Active
Days on market
N/A
On market date
October 2, 2026
Stories
1
Total bathrooms
1
Garage spaces
N/A
Parking spaces
2
Lot size
2.385 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Claiborne Pell Elementary
2.6 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
1.43 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
0.3 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, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

34
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
30 / 100
Restaurants & cafes0
Grocery stores0
Parks3
Schools3
Transit stops0
Pharmacies0

Market position

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

On the market 0 days -- 79 fewer days than Newport's current average of 79 days.
For reference, the median list price across 743 active listings in Newport right now is $5,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,938/mo
$125,800 down
$503,200 loan
Principal & interest$3,264
Property tax (est.)$524
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 20 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.