|
78 RHODE ISLAND Avenue, #5, Newport, RI, 02840 | $1,595,000
Discover historic elegance and modern luxury in this exquisite 2-bedroom, 2-bath condominium at Eastbourne Lodge. Nestled in one of Newport's most sought-after neighborhoods, this nearly 1, 700 sq. ft. residence offers refined living with effortless convenience. Once a grand private estate, Eastbourne Lodge now boasts eight exclusive residences. Unit 5, situated on the second floor, is accessible via a grand staircase or Elevator. The open-concept layout features soaring ceilings, oversized deep-set windows, and two fireplaces for warmth and ambiance. Whitewashed oak beams and hardwood floors enhance the coastal charm. The gourmet kitchen, set in a picturesque bay window, features high-end appliances and granite countertops. The master suite is a tranquil retreat with turreted architectural details, a walk-in closet, and a spa-inspired ensuite with an oversized rain shower. Exclusive amenities include 500 SF - private lower-level storage, a beautifully appointed rooftop deck, and manicured grounds with stone walkways and lush gardens. Ideally located, this residence is just minutes from historic downtown Newport, iconic beaches, and scenic trails. Steeped in Newport's rich Gilded Age history, Eastbourne Lodge offers a rare opportunity to own a timeless home with modern comforts. Ease of living in this exquisite turn-key one of a kind iconic property.
Features
- Parking: 2-car
- Heating: Central,Forced Air,Gas,Zoned
- Cooling: Central Air
- Amenities: Garden AreaNear Hospital,Near Schools,Restaurant,Shopping,Tennis Court(s)
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: In Unit
- Complex: KAY / CATHERINE
- Year Built: 1900
- Common Charge: $752 Monthly
- Approx Sq. Feet: 1,680
- Acreage: 0.86
- Est. Taxes: $15,365
- Lot Desc: Private,Secluded
- Pets Allowed: Yes
- Appliances: Dryer,Dishwasher,Exhaust Fan,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Washer
- MLS#: 1382481
- Website: https://www.raveis.com
/prop/1382481/78rhodeislandavenue_newport_ri?source=qrflyer
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2104486
860.625.5780
Brianna.Turgeon@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
78 RHODE ISLAND Avenue, #5, Newport, RI, 02840
$1,595,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brianna Turgeon
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
| Monthly Tax Payment | $1,280 | $1,280 | $1,280 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,245 | $8,170 | $10,854 |
| Total Monthly Payment | $8,650 | $9,575 | $12,259 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB