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Under contract
  • $1,450,000

    138 Gibbs Ave, Newport, RI 02840

    4beds
    2,278sqft
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    Single Family Residence
    Built in 1920
    9,191 Square Feet Lot
    $1,396,500 Zestimate®
    $637/sqft
    $-- HOA

    What's special

    Detached two-car garageMeticulously maintained homeSpacious deckBeautiful hardwood floors
    Rarely does a property offer this combination of lot size, parking, walkability, and future potential in the heart of Newport. Set on an oversized, fully fenced 0.21 acre lot just moments from Easton's Beach, Cliff Walk, Bellevue Avenue, and downtown Newport, 138 Gibbs Avenue presents an exceptional opportunity in one of the city's most sought after neighborhoods. Offering 2,278 square feet of living space, this meticulously maintained home features beautiful hardwood floors, 4 bedrooms, 1.5 bathrooms, and a functional floor plan designed for comfortable everyday living. The expansive backyard provides a private retreat rarely found in Newport, complete with a spacious deck, and stone patio/outdoor fireplace, perfect for entertaining, relaxing, and enjoying Newport's coastal lifestyle. A detached two-car garage and parking for five additional vehicles provide a level of convenience seldom available in this location. While perfectly livable and well cared for as-is, the property also offers exciting opportunities for future enhancement. Buyers may explore additional expansion through remaining lot coverage or the potential for a third-floor dormer addition, allowing the home to evolve alongside their needs (subject to approvals). Whether seeking a year-round residence or seasonal retreat, 138 Gibbs Avenue delivers something increasingly difficult to find in Newport: space to enjoy today and flexibility for tomorrow.
    42 days
    |
    1,162
    |
    57
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    The Willett Team 401-835-8810,

    SERHANT.

    Source: StateWide MLS RI,MLS#: 1414298MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Bathroom
      • Features: Bath w Tub & Shower
      Heating
      • Natural Gas, Baseboard
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Wall (Dry Wall)
      • Flooring: Hardwood
      • Basement: Full,Interior Entry,Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Pellet Stove
      Interior area
      • Total structure area: 2,278
      • Total interior livable area: 2,278 sqft
      • Finished area above ground: 2,278
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 7
      • Parking features: Detached
      • Garage spaces: 2
      Lot
      • Size: 9,191 Square Feet
      Details
      • Parcel number: NEWPM011B0347

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Dry Wall, Vinyl Siding
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 100 Amp Service
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Kay/Catherine
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $637/sqft
      • Tax assessed value: $831,400
      • Annual tax amount: $5,988
      • Date on market: 6/3/2026

        Estimated market value

        $1,396,500

        $1.33M - $1.47M

        $4,194/mo

        Price history

        DateEventPrice
        7/3/2026Contingent$1,450,000$637/sqft
        Source: StateWide MLS RI #1414298 Report a problem
        6/3/2026Listed for sale$1,450,000+208.5%$637/sqft
        Source: StateWide MLS RI #1414298 Report a problem
        5/10/2013Sold$470,000-3.1%$206/sqft
        Source: Public Record Report a problem
        4/13/2013Listed for sale$485,000+1%$213/sqft
        Source: ReMax Professionals of Newport #1038166 Report a problem
        12/14/2006Sold$480,000+92%$211/sqft
        Source: Public Record Report a problem
        10/16/2001Sold$250,000$110/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,224 +5.7%$831,400
        2024$6,834 +28%$831,400 +49.7%
        2023$5,338 $555,500
        2022$5,338 +3%$555,500
        2021$5,183 +23.8%$555,500 +36.5%
        2020$4,185 $407,100
        2019$4,185 +2.9%$407,100
        2018$4,067 +5%$407,100 +17.8%
        2017$3,875 +2.5%$345,700
        2016$3,779 +2.4%$345,700
        2015$3,689 -10.2%$345,700 +1.5%
        2014$4,106 +6.2%$340,500
        2012$3,868 +3.5%$340,500 -9.5%
        2011$3,737 +3.9%$376,300
        2010$3,597 +0.4%$376,300
        2009$3,582 +2.7%$376,300 -6.4%
        2008$3,487 +4%$402,200
        2007$3,354 +4%$402,200
        2006$3,226 +24.2%$402,200 +121.2%
        2005$2,598 +11.2%$181,800
        2002$2,336 $181,800
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Kay/Catherine

        Getting around

        69 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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