luxury waterfront apartments / penthouses for sale Newport, United States

This exceptional waterfront condo on Newport Harbor, located within the renowned gated Beechbound estate compound, offers spectacular water views and beautifully renovated, move-in-ready interiors. Beechbound’s grounds designed by legendary Frederick Law Olmstead, feature magnificent old growth specimen trees and sweeping lawns that lead to the water, where a deep-water stone pier and dock, boathouse, and rare harborside swimming beach provide outstanding amenities. The Scottish Baronial style mansion offers a spacious shared stone loggia and an extraordinary great hall for entertaining. This three-bedroom, two-bath residence has been meticulously rebuilt to exacting standards with top-quality design and finishes. Enjoy the best of both worlds: peaceful privacy and easy access to everything Newport has to offer. A harbor launch can take you to Newport restaurants and attractions, while the property remains a tranquil private retreat.

Welcome to an exceptional Newport investment opportunity. This beautifully updated property features 12+ rooms, including 6 bedrooms and 8.5 baths, and holds the valuable City of Newport Transient Guest Facility Certificate. Each guest room includes its own private full bath, offering an ideal setup for high-quality guest stays. Recent upgrades include a full fire sprinkler and alarm system, new water/sewer and dedicated sprinkler lines, updated HVAC/mini-splits, new roof and decks, interior painting, many replaced windows, new flooring, and more truly a turnkey offering. Located in a prime walkable area, guests enjoy easy access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, historic mansions, and top attractions. The property has a strong history of unique bookings, including movie crews, wedding parties, family reunions, tennis enthusiasts, and NYC getaway groups. With 7 off-street parking spaces, the possibilities for continued revenue growth are endless. Newport attracts over 3.5 million visitors annually and is one of the East Coast's top wedding destinations. Its proximity to NYC, Boston, and Providence Airport ensures convenient year-round travel. With its active Newport license, this property can welcome daily guests throughout the year. Detailed financials available upon request. Showings coordinated with the listing agent.