Private and bucolic, TULIPWOOD is a remarkable 5-bedroom, 4.5-bath INDOOR-OUTDOOR home on a large HALF-ACRE property once part of the original Gibbs Estate in Newport’s prized Kay/Catherine neighborhood. This romantic block, once referred to as LOVER’S LANE, is especially scenic, lined with fieldstone walls, specimen trees and storied architecture, and this “Top-of-the-Hill” location is a quick jaunt to Newport Harbor and a stone’s throw to the Atlantic Ocean at Easton’s Beach and the Cliff Walk; an easy walk to Bellevue Avenue cafes, shops, tennis, and farmer’s market. On arrival, the CIRCULAR DRIVEWAY provides a grand sense of arrival to lush grounds with beautiful flowers, mature shrubs and sprawling lawn. This beautifully organized OPEN CONCEPT layout retains several charming interior details, with reclaimed barn BEAMS and marble FIREPLACE mantel. The sunny and airy 1st floor has a wonderful great room with dining area and open kitchen - with French Doors opening out to an INVITING MAHOGANY DECK leading to a most private backyard for entertaining, gardening, and sports. Another wing features a discreet entrance, its own half bath, bedroom, kitchenette and stone patio - a perfect in-law, guest suite, art studio or home office. The second floor has wonderful treetop views in every direction, with four bedrooms, three baths (two are en-suite) and ample closets. The lower level offers a comfortable recreation room or guest suite with its own bath. A TRUE IN-TOWN PARADISE!
Sold for $2,600,000
$2,600,000
162 Rhode Island Ave, Newport, RI 02840
4beds
4,048sqft
Single Family Residence
Built in 1981
0.5 Acres Lot
$2,683,400 Zestimate®
$642/sqft
$7,033 Estimated rent
Home value
$2,683,400
$2.17M - $3.30M
$7,033/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Dina Karousos/Nicole Lucenti Team 401-849-3000,
Gustave White Sotheby's Realty,
Daniel Cordeiro 917-748-8791,
Gustave White Sotheby's Realty
Bought with:
Daniel Cordeiro, RES.0048435
Gustave White Sotheby's Realty
Dina Karousos/Nicole Lucenti Team
Gustave White Sotheby's Realty
Source: StateWide MLS RI,MLS#: 1376883
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Electric, Oil, Baseboard, Forced Water, Heat Pump, Zoned
Cooling
- Heat Pump, Individual Unit
Appliances
- Included: Gas Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
Features
- Wall (Dry Wall), Skylight, Stairs, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Cap), Insulation (Ceiling), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
- Doors: Storm Door(s)
- Windows: Insulated Windows, Skylight(s)
- Basement: Full,Interior and Exterior,Partially Finished,Living Room,Office,Playroom,Storage Space,Utility,Workout Room
- Number of fireplaces: 2
- Fireplace features: Marble, Wood Burning
Interior area
- Total structure area: 3,548
- Total interior livable area: 4,048 sqft
- Finished area above ground: 3,548
- Finished area below ground: 500
Property
Parking
- Total spaces: 8
- Parking features: No Garage
Features
- Patio & porch: Deck, Patio
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 0.50 Acres
Details
- Zoning: R20
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: 150 Amp Service, 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Location
- Region: Newport
- Subdivision: Kay Catherine - 1st Beach
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2025 | Sold | $2,600,000-13.2%$642/sqft |
Source:  StateWide MLS RI #1376883 Report a problem | ||
| 3/6/2025 | Pending sale | $2,995,000$740/sqft |
Source: StateWide MLS RI #1376883 Report a problem | ||
| 9/16/2024 | Price change | $2,995,000-7.8%$740/sqft |
Source: StateWide MLS RI #1368461 Report a problem | ||
| 5/21/2024 | Listed for sale | $3,250,000$803/sqft |
Source: StateWide MLS RI #1359555 Report a problem | ||
| 5/15/2024 | Listing removed | -- |
Source: StateWide MLS RI #1359039 Report a problem | ||
| 5/14/2024 | Listed for sale | $3,250,000+683.1%$803/sqft |
Source: StateWide MLS RI #1359039 Report a problem | ||
| 1/4/2021 | Sold | $415,000-33.6%$103/sqft |
Source: Agent Provided Report a problem | ||
| 10/5/2020 | Sold | $625,000-3.7%$154/sqft |
Source: StateWide MLS RI #1258748 Report a problem | ||
| 7/13/2020 | Listed for sale | $649,000$160/sqft |
Source: Beycome Brokerage Realty #1258748 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Old Beach
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.6 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.6 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.6 mi
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Estimated market value
$2,683,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,683,400
- Rhode Island
- Newport County
- Newport
- 02840
- Old Beach
- 162 Rhode Island Ave
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