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601 Bellevue Avenue, Newport, RI, 02840 | $18,000,000
Step into Gilded Age grandeur with this iconic French-style chateau, thoughtfully reimagined for modern luxury. Designed and commissioned for the Drexel family in 1929 by renowned architects Polhemus & Coffin, and inspired by 'La Lanterne' at Versailles, 'Champ Soleil' is a masterpiece of timeless elegance. Located at the South end of Bellevue Avenue this privately sited estate is set on close to 5 acres behind wrought-iron gates and specimen trees. The main residence offers approximately 13, 428 square feet of refined interiors, the estate features 7 bedrooms and 8. 3 baths, complemented by grand entertaining rooms, a paneled library, a home theatre, and fully modernized integrated high-end systems. The outdoor spaces include manicured gardens designed by landscape architect Unberto Innocenti, a croquet lawn, a 20' 40' pool, FAA approved heliport, large greenhouse, and expansive terraces for entertaining. A separate two-unit carriage house with additional 4 car garage and workshop on Coggeshall Avenue provide additional accommodations, while vacant land offers potential subdivision opportunity. Meticulously restored and modernized, Champ Soleil seamlessly blends historic character with today's luxurious comforts, preserving the splendor of Newport's legendary Gilded Age. A landmark estate representing a rare opportunity in one of America's premier coastal enclaves.
Features
- Amenities: Golf,Marina,Near Hospital,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
- Rooms: 25
- Bedrooms: 12
- Baths: 10 full / 3 half
- Style: Historic/Antique
- Year Built: 1929
- Garage: 7-car Attached,Detached,Garage
- Heating: Forced Air,Gas,Zoned
- Cooling: Central Air
- Basement: Exterior Entry,Full,Interior Entry,Partially Finished
- Approx Sq. Feet: 16,601
- Acreage: 4.8
- Est. Taxes: $78,115
- Lot Desc: Private,Secluded
- Appliances: Dryer,Dishwasher,Exhaust Fan,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Range Hood,Washer
- MLS#: 1411416
- Website: https://www.raveis.com
/eprop/1411416/601bellevueavenue_newport_ri?source=qrflyer
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William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2104486
860.625.5780
Brianna.Turgeon@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
601 Bellevue Avenue, Newport, RI, 02840
$18,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brianna Turgeon
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $14,400,000 | $14,400,000 | $14,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $6,510 | $6,510 | $6,510 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $81,762 | $88,663 | $121,515 |
| Total Monthly Payment | $88,397 | $95,298 | $128,150 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB