Condominium at 41 School Street UNIT 3, Newport
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$1,550,000

41 School Street UNIT 3
Newport, RI 02840
Listed by Newport Living Group
Bedrooms
2
Bathrooms
2.5
Living area
1,330 sqft
Year built
1820

About this home

Grand harbor view unit on the third floor in the heart of Newport’s Historic Hill, this newly renovated 2-bedroom, 2.5-bath condominium seamlessly pairs historic elegance with high-end modern luxury. Residents enter through a stately mahogany front porch into a stylish foyer. Bathed in an abundance of natural light, the home showcases stunning treetop city views and serene harbor views, all framed by soaring ceilings, beautiful white oak floors throughout, and refined coffered detailing in the living room. The heart of the home is a true chef’s kitchen, with an island featuring striking waterfall countertops, premium gas stove, upgraded Kohler faucets, and an abundance of storage. Designed for versatility, the layout offers high-end, chic light fixtures alongside a dedicated flex space ideal for a private office or a secondary walk-in closet. Both bedrooms feature large 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 & professional property management that includes dedicated private storage, one garage bay, and 2 off-street parking spots. Enjoy direct access to a lovely, 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.

Highlights

Fireplace

Property details

MLS #
1423091
Property type
Condominium
Subdivision
Historic Hill
Status
Active
Days on market
10
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
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

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 10 days -- 72 fewer days than Newport's current average of 82 days.
For reference, the median list price across 669 active listings in Newport right now is $5,000.

Mortgage calculator

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Est. monthly payment
$9,484/mo
$310,000 down
$1,240,000 loan
Principal & interest$8,043
Property tax (est.)$1,292
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 3 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.