162 Rhode Island AV, Newport, RI 02840

$2,995,000  |  5 Bedrooms  |  5 Bathrooms  |  4,048 Sq.Ft.  |  Single Family  |  Cottage  |  MLS # 1368461

Private and bucolic, TULIPWOOD is a remarkable 5-bedroom, 4.5-bath INDOOR-OUTDOOR home on a large HALF-ACRE property once part of the original Gibbs Estate in Newport’s prized Kay/Catherine neighborhood. This romantic block, once referred to as LOVER’S LANE, is especially scenic, lined with fieldstone walls, specimen trees and storied architecture, and this “Top-of-the-Hill” location is a quick jaunt to Newport Harbor and a stone’s throw to the Atlantic Ocean at Easton’s Beach and the Cliff Walk; an easy walk to Bellevue Avenue cafes, shops, tennis, and farmer’s market. On arrival, the CIRCULAR DRIVEWAY provides a grand sense of arrival to lush grounds with beautiful flowers, mature shrubs and sprawling lawn. This beautifully organized OPEN CONCEPT layout retains several charming interior details, with reclaimed barn BEAMS and marble FIREPLACE mantel. The sunny and airy 1st floor has a wonderful great room with dining area and open kitchen – with French Doors opening out to an INVITING MAHOGANY DECK leading to a most private backyard for entertaining, gardening, and sports. Another wing features a discreet entrance, its own half bath, bedroom, kitchenette and stone patio – a perfect in-law, guest suite, art studio or home office. The second floor has wonderful treetop views in every direction, with four bedrooms, three baths (two are en-suite) and ample closets. The lower level offers a comfortable recreation room or guest suite with its own bath. A TRUE IN-TOWN PARADISE!