Significant Sale | ‘The Playhouse’

294 Ocean Avenue | Newport, RI

NEWPORT, RI (September 16, 2024) – Gustave White Sotheby’s International Realty proudly announces the sale of the historic ‘Playhouse,’ an iconic landmark on Newport's renowned Ocean Drive. The property was sold for $9,935,000, making it the second-highest sale in Newport this year, according to data from the Rhode Island Multiple Listing Service.

David Huberman and Mike Sweeney of Gustave White Sotheby’s International Realty represented the sellers, while Lee Scura of Residential Properties represented the buyers.

Originally designed by renowned architect Irving Gill as a carriage house and boathouse for the adjacent estate, "The Playhouse" has been masterfully rebuilt to the highest standards by its current owners. Set in a peaceful location along Prices Neck Cove, this architectural gem combines historic charm with modern luxury, boasting state-of-the-art amenities, including geothermal heating and cooling, a saltwater pool and spa, and a gourmet kitchen. The estate also features a garage with a stylish two-bedroom guest house, offering comfortable and elegant living. “The Playhouse” is a testament to Newport’s rich architectural heritage and enduring appeal as a premier luxury destination.