41 School Street 1 Newport, RI $ 1,590,000
41 School Street 1
$ 1,590,000
Recently Listed New Construction
Open House 6/28 10am - 12pm
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41 School Street 1

Newport, RI, 02840
$ 1,590,000
Bedrooms2 Baths2.1 Sq 1,244

Monthly Estimate*

$ 10,039

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Condo for sale in Newport, RI

for $1,590,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,244 square foot condo was built in 1820.

Nestled in the heart of Newport's Historic Hill, this newly renovated first-floor condominium masterfully blends historic charm with sophisticated modern luxury. Guests enter through a stately mahogany front porch into an elegant foyer setting a grand tone for the home. This expansive two-bedroom, 2.5-bath residence features soaring ceilings and beautiful white oak floors throughout, highlighted by elegant, coffered detailing in the main living area. Perfect for today's lifestyle, the layout includes a dedicated private office, two cozy gas fireplaces that add warmth & character, and high-end, stylish light fixtures. The spectacular chef's kitchen comes complete with a premium gas stove and a statement island featuring sleek waterfall countertops. Both bedrooms boast large closets with custom built-ins and luxurious ensuite baths complete with radiant heated floors and premium Kohler faucets. Convenience is paramount in this elevator-serviced building; unit 1 offers direct access to a beautiful yard. Included with the unit is a dedicated private storage room, one garage bay, and two off-street parking spaces. Residents can enjoy premium community amenities, including a hardscape patio, garden-level common room equipped with a wet bar, half bath, multi-functional table perfect for dining or afternoon mahjong, and a separate seating area for entertaining. Centrally located, this professionally managed property invites you to leave the car behind and walk everywhere.

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Open House

6/28/2026 10:00 AM - 12:00 PM
41 School Street 1 Newport, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

$ 1,590,000

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

1416299

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 1
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 true
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
Property Condition Under Construction
Virtual Tour https://tour.RiLiving.com/41-School-Street-Unit-1-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 Stall 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 1
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. -Unit will convert with custom storm windows -Working capitol deposit of 2 months of condo fees is due at closing. -Condo fee includesProfessional management Snow removal landscaping accounting insurance common area utilities elevator maintenance
Foundation Details Combination
Building Area Total 1244
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

$10,039
Per Month
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Monthly Principal & Interest
$10,039
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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
6/26/2026$1,590,000 Listed Price

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41 School Street 1, Newport, RI, 02840 is a Condo for sale at $1,590,000 with 1,244 sqft. 41 School Street 1 has 2 bedrooms, 2.1 baths, and was built in 1820. The property's zip code is 02840 which is in Newport, RI