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Location: Newport, R.I..
The Skinny: Dramatically perched at the very end of a finger of land extending from Newport's storied Ocean Drive into the Atlantic Ocean, this imposing 1936 mansion is at once the perfect place for fair-weather Gilded Age-style lawn parties and also, when the weather takes a turn, for moodily staring out the rain-lashed windows of the enclosed loggia at the stormy sea beyond. Designed by New York architect James MacKenzie, Jr. (who later worked on the 1949 Statue of Liberty restoration), the chateau-style mansion consists of a main house with two arching wings, giving the home a distinctive crescent-shape floorplan. Inside, the French influence continues, with a Louis XVI marble mantel, a grand staircase with Directoire-style railings, and gilded ceiling finishes. The living quarters are unique in that the home at one point underwent a condo conversion before being recombined into a single residence, with the exception of an adjacent three-bedroom residence. The estate, which was originally the home of Denver mining heir Verner Zevola Reed, Jr., is asking $19M. · 254 Ocean Drive [Trulia]