Single Family Residence at 228 Carroll Avenue, Newport

Single Family Residence at 228 Carroll Avenue, Newport, photo 2 of 13

Single Family Residence at 228 Carroll Avenue, Newport, photo 3 of 13

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13 photos

$4,800,000

228 Carroll Avenue

Newport, RI 02840

Listed by Elena Wilcox

Bedrooms

Bathrooms

3.5

Living area

5,472 sqft

Year built

1964

About this home

Newport fabled Ocean Drive location on the corner of Carroll Avenue, next to sandy Bailey’s Beach, Gooseberry Beach and Hazard Beach. Almost an acre with superb views of the Atlantic Ocean and Gooseberry Beach. Build your new home or use your imagination to revive the existing structure. The property for sale AS IS.

Highlights

Fireplace

Property details

MLS #: 1416876
Property type: Single Family Residence
Subdivision: Ocean Ave./Baileys/Gooseberry Beach
Status: Active
Days on market: 73
On market date: July 3, 2026
Stories: N/A
Total bathrooms: 3.5
Garage spaces: N/A
Parking spaces: N/A
Lot size: 0.8224 acres

Location

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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

Aquidneck School

3.14 mi away · Grades -1-3

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 308
Student:teacher ratio: 12.8:1
District: Middletown

Middle

Frank E. Thompson Middle

2.23 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

0.63 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

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).

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 73 days -- 6 fewer days than Newport's current average of 79 days.

For reference, the median list price across 730 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.

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$29,056/mo

$960,000 down

$3,840,000 loan

Principal & interest$24,906

Property tax (est.)$4,000

Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 15 days 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.