41 School Street 2 Newport, RI $ 1,525,000
41 School Street 2
$ 1,525,000
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41 School Street 2

Newport, RI, 02840
$ 1,525,000
Bedrooms2 Baths2.1 Sq 1,265

Monthly Estimate*

$ 10,533

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Condo for sale in Newport, RI

for $1,525,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,265 square foot condo was built in 1820.

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.

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Condo Active

Price

$ 1,525,000

Bedrooms

2

Full Bath

2

Half Bath

1

Property Type

Condo

Taxes

$ 0

Style

Year Built

1820

Town/City

Newport

County/Region

Newport

MLS | Web ID

1423094

Features
General
Sewer Connected Public Sewer
Heating Central Electric Forced Air Heat Pump Radiant
Cooling Central Air
Utilities Sewer Connected
Possession Close Through 45 Days
Zoning R3
Garage Spaces 1
Patio/Porch Features Patio
Construction Materials Clapboard
Pets Allowed Yes
Year Built 1820
Electric 200+ Amp Service Separate Meters
Stories Count 3
Levels One Three Or More
Unit Number 2
Property Subtype Condominium
Tax Year 2026
Waterfront Features Walk to Water
Community Features Clubhouse Golf Marina Near Hospital Near Schools Pool Public Transportation Recreation Area Restaurant Shopping Tennis Court(s) Sidewalks
Building Name 41 School Street Condominiums
County Newport
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name Historic Hill
Garage Y/N true
Total Rooms 7
Full Baths 2
Status Active
City Newport
Entry Location First Floor Access
Senior Community Y/N false
Lot Size Units Square Feet
Tax Annual Amount 0
Virtual Tour https://tour.RiLiving.com/41-School-Street-Unit-2-Newport-RI-02840
Standard Status Active
Tax Assessed Value 0
Tax Lot 145-4
Property Sub Type Additional Condominium
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Interior
Interior Amenities Bathtub Stall Shower Tub Shower Elevator
Basement Exterior Entry Full Interior Entry Partially Finished
Flooring Hardwood Marble
Total Fireplaces 2
Fireplace Features Gas
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Fireplace Y/N true
Half Baths 1
Laundry Features In Unit
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 2
Total Baths 3
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Exterior
Exterior Amenities Patio Paved Driveway
Parking Features Assigned Detached Garage Garage Door Opener
Water Source Connected Multiple Meters Public
Total Parking 3
Inclusions -Assessment and taxes are TBD as property was just converted to condominiums. -Condo Rules allow for 1 dog per unit 40 lbs and under. -Working capitol deposit of 2 months of condo fees is due at closing. -Condo fee includes Professional management Snow removal landscaping accounting insurance common area utilities elevator maintenance -Garden level has a full French drain and vapor barrier system -elevator isn’t being used for showings until its final inspection. Please check with agent for updated timing
Foundation Details Combination
Building Area Total 1265
Lot Size Acres 0
Covered Spaces 1
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* Excluded Features
List By
Lila Delman Compass

Broker

Karin.Jackson@LilaDelman.com

Email

Affordability Calculator

$10,533
Per Month
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Monthly Principal & Interest
$10,533
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Default based on a 30-year fixed rate of 7.375% 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
9/11/2026$1,525,000 Listed Price

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41 School Street 2, Newport, RI, 02840 is a Condo for sale at $1,525,000 with 1,265 sqft. 41 School Street 2 has 2 bedrooms, 2.1 baths, and was built in 1820. The property's zip code is 02840 which is in Newport, RI