Welcome to 246 Gibbs Ave! You will fall in love with the incredible proximity to everything Newport. 246 is just minutes from the Cliff Walk, First Beach, Bellevue Mansions, Tennis Hall of Fame, Farmers Market, The Wharf & downtown restaurants/shopping. The property has been extensively remodeled both inside & out, including Marvin windows, siding, roof, insulation, solar panels, central air, tankless hot water heater, furnace, whole house generator and much more. Before you come inside, take a few moments and enjoy the beauty of 246 while relaxing on the front porch. Attention to detail & charm are seen throughout this lovely home, including the original hardwood floors seen throughout the 3 floors and the extensive remodel. The chef’s kitchen boasts a Bertazzoni gas range, electric wall oven, wine fridge & wet bar. The sellers did the heavy lifting & added a primary bathroom/walk in closet, renovated the second floor full bath and added a charming 3rd floor guest en-suite including rain sensor skylights. With all the hard work done, all that is left to do is enjoy the beauty of Newport and all it has to offer!
Sold for $1,790,000
$1,790,000
246 Gibbs Ave, Newport, RI 02840
4beds
2,770sqft
Single Family Residence
Built in 1920
4,843 Square Feet Lot
$2,060,700 Zestimate®
$646/sqft
$5,350 Estimated rent
Home value
$2,060,700
$1.90M - $2.25M
$5,350/mo
Zestimate® history
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$8,686/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Holland 513-746-9830,
Edge Realty RI
Bought with:
Jennifer Holland, RES.0043385
Edge Realty RI
Source: StateWide MLS RI,MLS#: 1364412
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Solar, Central Air, Central
Cooling
- Central Air, Whole House Fan
Appliances
- Included: Gas Water Heater, Solar Hot Water, Tankless Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Skylight, Stairs, Wet Bar, Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Hardwood, Marble, Other
- Doors: Storm Door(s)
- Windows: Insulated Windows, Storm Window(s), Skylight(s)
- Basement: Full,Interior and Exterior,Partially Finished,Laundry,Storage Space,Utility,Work Shop
- Attic: Attic Storage
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,660
- Total interior livable area: 2,770 sqft
- Finished area above ground: 2,660
- Finished area below ground: 110
Property
Parking
- Total spaces: 4
- Parking features: Detached, Garage Door Opener, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Patio, Porch
- Fencing: Fenced
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 4,843 Square Feet
- Features: Corner Lot, Security, Sidewalks
Details
- Parcel number: NEWPM020B0198
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Dry Wall, Masonry, Other Siding, Shingles
- Foundation: Block, Mixed
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 200+ Amp Service, Generator
- Sewer: Public Sewer
- Water: Municipal, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Gibbs
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $646/sqft
- Tax assessed value: $1,097,700
- Annual tax amount: $7,656
- Date on market: 7/29/2024
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $1,790,000-0.6%$646/sqft |
Source:  StateWide MLS RI #1364412 Report a problem | ||
| 8/21/2024 | Pending sale | $1,800,000$650/sqft |
Source: StateWide MLS RI #1364412 Report a problem | ||
| 8/9/2024 | Contingent | $1,800,000$650/sqft |
Source: StateWide MLS RI #1364412 Report a problem | ||
| 7/29/2024 | Listed for sale | $1,800,000+380%$650/sqft |
Source: StateWide MLS RI #1364412 Report a problem | ||
| 5/28/2010 | Sold | $375,000$135/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,538 +24.7% | $1,097,700 |
| 2024 | $7,651 +9.6% | $1,097,700 +51.1% |
| 2023 | $6,984 | $726,700 |
| 2022 | $6,984 +3% | $726,700 |
| 2021 | $6,780 +11.9% | $726,700 +23.3% |
| 2020 | $6,061 | $589,600 |
| 2019 | $6,061 +2.9% | $589,600 |
| 2018 | $5,890 +6.8% | $589,600 +19.8% |
| 2017 | $5,515 +2.5% | $492,000 |
| 2016 | $5,378 +2.4% | $492,000 |
| 2015 | $5,250 +16.1% | $492,000 +31.2% |
| 2014 | $4,523 +6.2% | $375,000 |
| 2012 | $4,260 -10.6% | $375,000 -21.9% |
| 2011 | $4,767 +3.9% | $480,100 |
| 2010 | $4,590 +0.4% | $480,100 |
| 2009 | $4,571 -7.5% | $480,100 -15.7% |
| 2008 | $4,939 +4% | $569,700 |
| 2007 | $4,751 +4% | $569,700 |
| 2006 | $4,569 +2.2% | $569,700 +82.1% |
| 2005 | $4,470 +11.2% | $312,800 |
| 2002 | $4,019 | $312,800 |
Find assessor info on the county website
Neighborhood: Eustis/Easton's Pond
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Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.5 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 2 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.1 mi
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Estimated market value
$2,060,700
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Estimated market value
$2,060,700
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