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6 Prices Cove Ave, Newport, RI, 02840

7beds
5baths
5,357sqft
$16,900,000
$3,155price/sqft
$104,480/moest. monthly cost
$4,179,200/yrincome needed

About This Home

"STONE HOUSE" located just off of Newport's historic Ocean Drive on the Prices Neck Peninsula the property spans from the Atlantic Ocean to Prices Neck Cove. Built in 1898 by famed photographer Ernest Walter Histed, the residence with its crenellated stone architecture has commanding views across beautifully manicured lawns, mature trees and gardens to the ocean and the cove. The interior is flooded with sunlight from oversized windows and doors. The breathtaking views from inside include expansive views of the private beach with rocky outcroppings with the ocean to the south, and the tranquil cove teeming with sea birds including giant blue herons, osprey and egrets. The expansive grounds include the stately 7-bedroom main residence, a charming guest cottage with adjacent gym & separate sauna. A private dock is tucked securely into Prices Neck cove along with two moorings. Offering exceptional privacy, this extraordinary property is a uniquely rare opportunity in one of the most sought-after areas of coastal Newport. ________________________________________

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
22
BikeSomewhat Bikeable

Schools

4/10
Rogers High SchoolGrades 9-121.4 mi
4/10
Pell Elementary SchoolGrades PK-44.2 mi

Construction

Condition

  • Year built: 1898

Materials

  • Foundation: Mixed
  • Construction materials: Masonry,Shingles

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Dishwasher,Dryer,Oven/Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Partial,Interior and Exterior,Unfinished

Bathroom

  • Features: Bath w Shower Stall

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Cathedral Ceiling(s),Skylight,Stairs,Wet Bar,Plumbing (Copper),Plumbing (Mixed),Plumbing (PVC),Insulation (Unknown),Ceiling Fan(s),Sauna
  • Door features: Storm Door(s)
  • Window features: Storm Window(s),Skylight(s)
  • Flooring: Ceramic Tile,Hardwood
  • Number of fireplaces: 3
  • Fireplace features: Brick,Stone
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 5,357

Heating & Cooling

  • Heating features: Oil,Forced Water
  • Cooling features: Wall Unit(s),Window Unit(s)

Interior Area

  • Total structure area: 5,357
  • Total interior livable area: 5,357 sqft

Property

Details

  • Parcel number: NEWPM043B0029
  • Zoning: R120
  • Other equipment: Cable TV,Sauna

Features

  • Patio & porch: Deck
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Access,Beach,Dock,Mooring,Ocean Front,Saltwater Front,Walk to Salt Water,Walk To Water

Lot

  • Lot size: 3.88 Acres
  • Features: Local Historic District,Secluded

Parking

  • Total spaces: 12
  • Parking features: Detached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $85,455$1,025,460
Home Insurance *$5,670$68,040
Property Taxes $12,264$147,168
Electricity $1,091$13,092
Total$104,480$1,253,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,582,171/yr
40% on housing$3,134,400/yr
45% on housing$2,786,133/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,155This listing

vs Other Active Listings

Avg $/sqft

ZIP 02840$685
Newport County$528

vs Homes Sold Last Month

Median $/sqft

ZIP 02840$651
Newport County$380

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-22Listed for sale$17,900,000
2025-12-16Listing removed$17,900,000
2025-09-23Price change$17,900,000
2025-03-28Listed for sale$22,000,000

For Sale by Agent

AgentMichelle Kirby
BrokerageGustave White Sotheby's Realty

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