2 Hazard Avenue Newport, RI $ 7,500,000
2 Hazard Avenue
$ 7,500,000
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2 Hazard Avenue

Newport, RI, 02840
$ 7,500,000
Bedrooms13 Baths10.2 Sq 8,660

Monthly Estimate*

$ 47,356

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Multi-Family Home for sale in Newport, RI

for $7,500,000 with 13 bedrooms and 10 full baths, 2 half baths. This 8,660 square foot home was built in 1885 on a lot size of 0.639.

Designed by renowned architect Dudley Newton, this extraordinary stone carriage house, set on over acre, is a rare blend of architectural significance and timeless character, owned by the same family for 140 years. Originally built as the stable and staff quarters for a grand estate, this landmark building was thoughtfully transformed into three exceptional four-bedroom residences complemented by private patios adorned with manicured hedges, hydrangeas, specimen plantings, and stone walls. Each unit possesses its own distinct architectural detail with classic finishes and d cor featuring soaring 12-foot ceilings, floor-to-ceiling sliding barn doors, stunning wood paneling and exposed stonework and beams. The property offers exceptional flexibility ideal as a multigenerational estate, an income producing investment or private family compound. Two residences can also be combined to create a larger home while preserving a separate unit for guests, staff, or a rental residence. A truly unique opportunity where historic grandeur, sophisticated design, and modern comfort come together in one of the area's most distinctive properties.

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Multi-Family Active

Price

$ 7,500,000

Bedrooms

13

Full Bath

10

Half Bath

2

Property Type

Multi-Family

Taxes

$ 38,765

Style

Lot Size

0.639

Year Built

1885

Town/City

Newport

County/Region

Newport

MLS | Web ID

1417110

Features
General
Sewer Connected Public Sewer
Heating Ductless Forced Air Gas Hot Water Steam Zoned
Cooling Central Air Ductless
Utilities Sewer Connected
Possession Negotiable
Zoning R60
Garage Spaces 0
Patio/Porch Features Patio Porch
Construction Materials Drywall Masonry Wood Siding
Year Built 1885
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2026
Business Type Other
Community Features Golf Highway Access Near Hospital Near Schools Pool Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Bellevue/Coggeshall
Garage Y/N false
Total Rooms 25
Full Baths 10
Status Active
City Newport
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 27835
Land Lease Y/N false
Tax Annual Amount 38765
Standard Status Active
Tax Assessed Value 4461500
Tax Lot 030-4
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Interior
Interior Amenities Bathtub Interior Steps Stall Shower Tub Shower Cable TV
Basement Exterior Entry Interior Entry Partial Unfinished
Flooring Ceramic Tile Hardwood
Total Fireplaces 2
Fireplace Features Masonry
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 2
Laundry Features In Unit
Total Bedrooms 13
Total Baths 12
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Exterior
Exterior Amenities Porch Patio
Parking Features No Garage
Lot Features Corner Lot
Water Source Connected Public
Total Parking 6
Lot Size Area 27835
Foundation Details Stone
Number of Buildings 1
Building Area Total 8660
Lot Size Acres 0.639
Covered Spaces 0
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* Excluded Features
List By
Gustave White Sotheby's Realty

Broker

twiley@gustavewhite.com

Email

Affordability Calculator

$50,586
Per Month
94%
6%
0%
Monthly Principal & Interest
$47,356
Monthly Property Taxes
$3,230
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$7,500,000 Listed Price

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2 Hazard Avenue, Newport, RI, 02840 is a Multi-Family Home for sale at $7,500,000 with 8,660 sqft and a lot size of 0.639. 2 Hazard Avenue has 13 bedrooms, 10.2 baths, and was built in 1885. The property's zip code is 02840 which is in Newport, RI