Imagine a home that whispers tales of American architectural grandeur, nestled in a coastal haven renowned for its historic charm. But what if this same home, a masterpiece designed by legendary architects, is now asking for a staggering price jump?
Newport, Rhode Island, a place synonymous with opulent estates and a rich past, is home to a truly exceptional property known as Boxcroft. This residence, located on Red Cross Avenue, is the brainchild of the esteemed architectural firm McKim, Mead & White, whose visionary work shaped American design at the dawn of the 20th century. After undergoing a painstaking restoration, Boxcroft has reappeared on the market with an asking price of $8.25 million. This represents a significant increase from its last sale in July 2023, when it was acquired for $3.5 million. The current listing is being managed by Compass agent Eric Kirton.
Originally, this magnificent home was built for Samuel Colman, a distinguished landscape painter and a prominent figure in the decorative arts who also held the distinguished title of the first president of the American Watercolor Society. Throughout the years, Boxcroft has been cherished by several influential local families, including one with a connection to the founding president of New York’s Corn Exchange Bank. Colman's artistic sensibility is still palpable in the home's harmonious proportions and exquisite details. Today, this shingle-sided dwelling beautifully encapsulates Newport's storied history without feeling like a sterile museum piece.
But here's where it gets interesting... The recent renovation, expertly handled by Horan Building Company, focused on subtle enhancements rather than a complete overhaul. The public living areas have been preserved with the elegant scale that McKim, Mead & White were celebrated for, creating interiors that feel both grand and wonderfully inviting. Much of the original millwork has been meticulously brought back to life, with intricate staircases and moldings restored to their former glory. Furthermore, modern systems have been discreetly integrated, ensuring the home functions seamlessly as a 21st-century dwelling while remaining deeply respectful of its historical roots.
And this is the part most people miss... The main house offers an expansive 7,200 square feet of living space, complemented by an additional 1,350 square feet on the lower level, bringing the total to an impressive nearly 8,600 square feet. In total, there are eight bedrooms and eight and a half bathrooms. Notably, six of these bedrooms are en-suite, offering privacy and comfort. The primary suite is designed as a personal sanctuary, featuring a spa-like bathroom, generous walk-in closets, and a private office. Adding to the home's versatility, two of the guest suites are equipped with kitchenettes, making them ideal for extended stays or for accommodating live-in staff.
The property itself, spanning approximately two-thirds of an acre, offers a surprising sense of tranquility and seclusion, especially considering its central Newport location. The grounds are beautifully landscaped, leading to a heated saltwater pool that serves as the centerpiece of the backyard. A private patio, complete with an outdoor kitchen and a fire pit, provides the perfect setting for leisurely summer evenings that linger long after the sun has set.
In a city celebrated for its legacy of magnificent homes, Boxcroft stands out as a property that feels both deeply personal and remarkably accessible. It’s less of a showy display and more of a thoughtfully revitalized historic residence that elegantly connects the past with the present and looks confidently towards the future.
Now, let's talk about that price jump. Is the meticulous restoration and the prestige of the architects worth the nearly $4.75 million increase in just under a year? Or is this a sign of an overheated market? What do you think? Share your thoughts in the comments below!
