31 Prescott Hall Road
Why We Love it
31 Prescott Hall Road, Newport, RI 02840
Welcome to 31 Prescott Hall — a stunning, newly constructed two-family residence nestled in Newport, Rhode Island.
This exceptional property seamlessly blends modern design with comfortable living, offering a rare investment opportunity or the ideal setup for owner-occupants seeking rental income. It is also a wonderful option for those looking to keep extended family close, provide a private space for visiting guests, or create a flexible multi-generational living arrangement while maintaining privacy.
Thoughtfully designed with hardwood floors throughout, abundant natural light, and brand-new finishes, appliances, and amenities, every space feels bright, welcoming, and move-in ready. The larger upper unit features soaring vaulted ceilings, four bedrooms, two full bathrooms, and mini-split heating and cooling throughout, creating an open and airy living environment. The first-floor unit offers two bedrooms and two full bathrooms with the same high-quality finishes.
Outside, enjoy a generous, fully fenced backyard complete with an outdoor dining area and fire pit—perfect for entertaining family and friends. Ideally located just minutes from the Newport Bridge, the home is within walking distance of favorite local spots like CHOMP and Nitro Bar, while also being moments from the waterfront, including swimming at Van Zandt Pier, Newport Shipyard, and several nearby marinas—making it an exceptional location for enjoying Newport's coastal lifestyle. This move-in ready gem is not to be missed.
SALE PRICE:
$1,399,000
SALE PRICE:
$1,399,000
PROPERTY TYPE:
Residential Two-Family Home
AVAILABLE SPACE:
2,596 SqFt
BEDROOMS:
6 Bedrooms
First floor unit: 2 Bedrooms
Second floor unit: 4 Bedrooms
BATHROOMS:
4 Full bathrooms | 2 baths per unit
ELECTRIC:
200 amp all new electrical throughout
SEWER:
Publicly connected
WATER:
Publicly connected
PARKING:
One car garage and driveway
HEAT/AIR:
New HVAC system for the first floor unit and new mini-split heating and air for the second floor unit.
PLUMBING:
All new plumbing throughout
ZONING:
R10
PLAT/LOT:
09 / 313
YEAR BUILT:
1940 | Fully Renovated in 2026
ASSESSMENT:
$208,900 (prior to full home renovation)
TAXES:
$___ / 2025 tax year
