# 315 Ocean Avenue, Newport, RI 02840

> **TL;DR:** 3bd/5ba single family, $7,850,000 ($2432/sqft), built 1982, 3,228 sqft.
> Fireplace, View, Hardwood, A/C. Est. $34,017/mo. Listed 29 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,850,000 |
| Price/sqft | $2432 |
| Bedrooms | 3 |
| Bathrooms | 4 full, 1 half |
| Square Feet | 3,228 |
| Year Built | 1982 |
| Lot Size | 161,608 sqft (3.71 acres) |
| Stories | 3 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 29 |

## Why This Home Stands Out

- **Views** - Water
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $34,017 |
| **Total** | **$34,017** |

## Key Amenities

- Fireplace
- View
- Hardwood
- A/C

## Property Highlights

- Built in 1982
- 3.71 acre lot
- 3 stories
- 8 parking spaces
- Fireplace

## Description

### Agent Description
"Twin Ledges" located on historic Ocean Drive, is a charming seaside retreat, offering privacy and seclusion, nestled within beautifully landscaped grounds, expansive lawns and ocean views. The shingled-style residence, custom built in 1982, sits on nearly four acres and features four levels of finished living space, designed to maximize natural light and scenic vistas. The main level offers a spacious living and dining area with an open, airy feel highlighted by vaulted ceilings, a wood-burning fireplace, and large windows that frame the surrounding landscape. A charming kitchen provides convenience while maintaining the home's open layout. The living space flows seamlessly to captivating, enclosed porch - perfect for gathering with family and guests while enjoying the coastal setting. Two bedrooms, a full bath and powder room complete this level. The top floor's primary en-suite bedroom boasts its own wood-burning fireplace and lovely views of the ocean. The finished lower level offers comfortable living space, complimented by a steam shower, wine cellar, and cedar closet with direct access to the heated saltwater pool. A two-car garage includes an elegant one-bedroom in-law suite above, connected to the main residence by a classic porte-cochere.

## Location

- **Address:** 315 Ocean Avenue, Newport, RI 02840
- **County:** Newport
- **Neighborhood:** Ocean Drive
- **Coordinates:** 41.4582, -71.337559
- **Google Maps:** https://www.google.com/maps?q=41.4582,-71.337559

## Listing Agent

- **Name:** Tina Wiley
- **Brokerage:** Gustave White Sotheby's Realty
- **Phone:** (401) 849-3000
- **Email:** twiley@gustavewhite.com

## Primary Photo

![315 Ocean Avenue - Primary Photo](http://lh.rdcpix.com/3e5673d102001a84a9d90e01ab74e9f1l-f2389096008r.jpg)

*43 total photos available on [listing page](https://www.propertysimple.com/listing/315-ocean-avenue-newport-ri-02840-1406341)*

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**MLS#:** 1406341 | **Updated:** 2026-04-23
**Source:** listhub

*Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/315-ocean-avenue-newport-ri-02840-1406341)

---

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