Historical Homes
sold: $4,500,000
Address: Newport, Rhode Island
Year Built: 1876
“Rosevale,” an elegant brick and stone estate designed by the renowned architectural firm Peabody & Stearns, stands as a testament to Gilded Age grandeur. Built in 1876 for William C. and Grace W. Rives, this historic residence showcases remarkable craftsmanship with intricate coffered ceilings, exquisite moldings, and a stunning staircase. The expansive main level boasts large rooms with floor-to-ceiling windows, fireplaces, and access to a covered porch. Its architectural significance and timeless design make Rosevale a rare gem in Newport’s historic Kay/Catherine neighborhood.
Currently configured with six dwelling units and a charming two-bedroom carriage house, Rosevale offers versatile opportunities. Whether restored to its original grandeur as a single residence or reimagined as a blend of living spaces and income properties, the possibilities are boundless. The estate, set on a large plot with ample frontage on two roads, also offers potential for subdivision into three parcels, opening up even more development options for the discerning buyer.
This unique property is just steps from Newport’s most cherished landmarks, including the Cliff Walk, Easton’s Beach, and the vibrant downtown area. Rosevale’s historic significance, architectural beauty, and premier location ensure it remains a crown jewel in Newport’s storied history.
In conclusion, “Rosevale” presents an exceptional opportunity to own a piece of architectural and historical splendor in one of Newport’s most desirable neighborhoods.
