Exclusive Seaside estate, Resort style... 9 private suites each with large private baths~ had been used as private wellness spa; high upon the banks of a well-known bay with gorgeous views and acres of oceanfront. A spacious atmosphere and accommodations created by the current owner with a variety of private suites with large marble bathrooms, and private sun decks overlooking the ocean. Could be perfect for entertaining family and friends. Large theater room, gym, sauna, 2 swimming pools. Newport is nationally recognized, in high demand by the affluent, yet subdued in ways appreciated by celebrities. Celebrities flock to Nantucket, Martha's Vineyard, and Newport for all the same reasons.
Don't be surprised to bump into Obama, Joan Baez, Carol King, James Taylor, Taylor Swift...with Jay Leno your neighbor who purchase nearby for $13.5M and 5 yrs. later his property was appraised for $30 million. Historically, home prices in this area double every 5-10 yrs.
VERY FEW PROPERTIES HAVE BEACHES AND BOATING ACCESS.
Hedge fund and private equity owners, along with celebrities, are buying up everything in the Newport area.
The bldg. encompasses 10,000 sf.
The owner is developing condos in Jamaica,

This estate has a gym, screening room, several pools and hot tubs, and acres to build a guest house if desired. Moor your large yacht right off your private beach. This is a must-see by any media celebrity, or championship athlete...Taylor Swift has a home across the bay. Jay Leno is a neighbor! Jay bought his house for $13M 5 yrs ago...recently appraised for $30M.

Two acres , private beach , ancient caves , absolutely an incredible slice of heaven.
Current owner has been here a long time and has embarked on other development projects, outside the Continental United States.

ZILLOW says the property is worth $12.7 million. ASKING $12M...Make an offer...you may be surprised.