NEWPORT – The Stella Maris Inn, in The Point neighborhood, has sold for $1.75 million, according to Gustave White Sotheby’s International Realty.
Teri Degnan Real Estate & Consulting LTD represented the buyer.
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The building, at 91 Washington St., originally was named “Blue Rocks” and was built in 1861 of Connecticut stone. Built as a family home, it is listed on the National Register of Historic Places.
It most recently has been used as an inn, with 12 en-suite bedrooms. The new owners plan to convert it back to a single-family residence.
The structure covers about 10,000 square feet and has views of Newport Harbor, Goat Island and Narragansett Bay. The property covers almost 1 acre.
Newport property assessment records listed the former owners as Dorothy and Edwin Madden. The sale deed had not yet been recorded.
Mary MacDonald is a staff writer for the PBN. Contact her at MacDonald@PBN.com.
