352 Spring, Newport, RI, 02840

Presenting the Samuel Durfee House. A once in a lifetime opportunity to own an iconic property, downtown compound, and hospitality asset in the heart of Newport. Located in the Yachting Village, this rare and unique offering includes three distinct buildings on a large land footprint for this neighborhood. At its center is 352 Spring Street, an English Federal Period inn built in 1803 featuring five historically appointed guest rooms and a rare Transient Guest Facility license, allowing for legal short term rentals. Also included is an exceptional three bedroom, three and one half bath barn residence, meticulously restored and recognized with a Doris Duke Historic Preservation Award in 2016, along with 9 Bowery Court, a charming two bedroom, one and one half bath cottage situated on its own separately taxed parcel. Lovingly maintained over the past 28 years, the property has benefited from substantial investments in its systems, mechanicals, exterior components, and curated preservation of the buildings. The Samuel Durfee House is also not subject to Historic District Commission review for any exterior alterations. With off street parking for 10+ vehicles, including an attached single-car garage, and an unrivaled location just moments from Bellevue Avenue, the Tennis Hall of Fame, Newport Mansions, shops/bars/restaurants on Thames Street, Newport Harbor, and the city's renowned waterfront, this is a truly exceptional offering unlike anything else on the market.

Residential Income
$4,500,000
Location
City/TownNewport
CountyNewport
Community FeaturesMarina, Recreational Facilities, Restaurants, Shopping, Near Swimming, Tennis
Interior
Living Area6,348 sq. ft.
Rooms31
HeatingNatural Gas, Baseboard, Forced Air, Forced Water, Gas Connected, Radiant, Zoned
CoolingCentral Air
Interior FeaturesWall (Dry Wall), Wall (Plaster), Wall (Wood), Plumbing (Mixed)
Additional Information
Tax Assessment$2,286,600
ZoningR10
Exterior
Acreage0.24
Exterior FeaturesBalcony, Patio, Screened Pch/Patio/Dck/Brzwy
Waterfront FeaturesSaltwater View, Walk To Water
Listed By: Re/Max Results

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