A Historic Gem Reimagined in Newport! Welcome to the Joseph Stevens Penny Post House, a masterfully restored Georgian residence built in the 18th century and fully renovated in 2017. This historic treasure includes a main house and a fully remodeled 780-square-foot Folly Guest House with atrium—a rare dual-dwelling blocks from Newport Harbor. The main residence features 4 bedrooms, 3 full and 1 half baths, and showcases beautifully exposed post-and-beam timbers, custom café-style blinds, and three gas fireplaces. The open-concept living/dining are ideal for entertaining, a stunning wine bar and a chef's kitchen with quartz countertops, JennAir appliances, custom cabinetry, and high-end fixtures. The 2nd floor offers 3 spacious bedrooms and 2 luxurious baths, with stain-resistant porcelain tile and Hansgrohe multi-head showers. 2 original wood-burning fireplaces add warmth and character. The 3rd floor loft includes a full bath, perfect for guests. The Folly Guest House is a striking blend of modern design and historic charm, features post-and-beam architecture, an airy atrium, and a spiral staircase. The loft has a bedroom with back-lit crown molding, a full bath with laundry, and natural light. New plumbing, electrical, HVAC, and water/sewer lines.3 off st parking spots, 2 res st passes, a prime location near Thames St shops, restaurants, and entertainment, a rare opportunity to own a true piece of Newport’s architectural legacy elegantly modernized for today's lifestyle.
Sold for $2,650,000
$2,650,000
3 Bridge St, Newport, RI 02840
5beds
3,134sqft
Single Family Residence
Built in 1790
3,454.31 Square Feet Lot
$3,149,500 Zestimate®
$846/sqft
$4,738 Estimated rent
Home value
$3,149,500
$2.77M - $3.62M
$4,738/mo
Zestimate® history
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List your homeWhat's special
Wine barSpiral staircaseBlocks from newport harborGas fireplacesQuartz countertopsHansgrohe multi-head showersRestored georgian residence
Zillow last checked:
Listing updated:
Listed by:
The Newport Group 401-849-3339,
Coldwell Banker Realty
Bought with:
Rebecca King, RES.0035659
Gustave White Sotheby's Realty
Source: StateWide MLS RI,MLS#: 1390702
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Central Air, Forced Air, Radiant
Cooling
- Central Air, Ductless
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Other
- Windows: Insulated Windows
- Basement: Crawl Space,Bulkhead,Unfinished
- Number of fireplaces: 4
- Fireplace features: Brick, Insert, Stone
Interior area
- Total structure area: 3,134
- Total interior livable area: 3,134 sqft
- Finished area above ground: 3,134
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: No Garage
Features
- Patio & porch: Patio
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 3,454 sqft
- Features: Local Historic District
Details
- Additional structures: Guest House
- Parcel number: NEWPM017B0057
- Zoning: R10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Dry Wall, Clapboard
- Foundation: Mixed
Condition
- New construction: No
- Year built: 1790
Utilities & green energy
- Electric: 200+ Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Near Public Transport, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Tennis
Location
- Region: Newport
- Subdivision: The Point
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $2,650,000-7%$846/sqft |
Source:  StateWide MLS RI #1390702 Report a problem | ||
| 9/29/2025 | Pending sale | $2,850,000$909/sqft |
Source: StateWide MLS RI #1390702 Report a problem | ||
| 8/5/2025 | Contingent | $2,850,000$909/sqft |
Source: StateWide MLS RI #1390702 Report a problem | ||
| 7/24/2025 | Listed for sale | $2,850,000+81%$909/sqft |
Source: StateWide MLS RI #1390702 Report a problem | ||
| 9/25/2018 | Sold | $1,575,000-7.1%$503/sqft |
Source: StateWide MLS RI #1192753 Report a problem | ||
| 5/25/2018 | Listed for sale | $1,695,000+276.7%$541/sqft |
Source: Rhode Island Residential #1192753 Report a problem | ||
| 10/18/2016 | Sold | $450,000-24.9%$144/sqft |
Source: Public Record Report a problem | ||
| 9/9/2015 | Listing removed | $599,000$191/sqft |
Source: Gustave White Sotheby's Realty #1049294 Report a problem | ||
| 11/20/2014 | Price change | $599,000-13.1%$191/sqft |
Source: Gustave White Sotheby's International Realty #1049294 Report a problem | ||
| 5/22/2014 | Price change | $689,000-8%$220/sqft |
Source: Gustave White Sotheby's International Realty #1049294 Report a problem | ||
| 11/2/2013 | Price change | $749,000-5.8%$239/sqft |
Source: Gustave White Sotheby's International Realty #1049294 Report a problem | ||
| 8/25/2013 | Listed for sale | $795,000$254/sqft |
Source: Gustave White Sotheby's International Realty #1049294 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,152 -13.5% | $1,971,100 -1% |
| 2024 | $16,368 +34.9% | $1,991,300 +57.7% |
| 2023 | $12,136 | $1,262,800 |
| 2022 | $12,136 +32.3% | $1,262,800 +28.5% |
| 2021 | $9,170 -1.4% | $982,800 +8.6% |
| 2020 | $9,304 | $905,100 |
| 2019 | $9,304 +2.9% | $905,100 |
| 2018 | $9,042 +24.8% | $905,100 +40% |
| 2017 | $7,247 +2.6% | $646,500 |
| 2016 | $7,066 +2.4% | $646,500 |
| 2015 | $6,898 -29.1% | $646,500 -19.8% |
| 2014 | $9,724 +6.2% | $806,300 |
| 2012 | $9,160 -6.3% | $806,300 -18.1% |
| 2011 | $9,781 +3.9% | $985,000 |
| 2010 | $9,417 +0.4% | $985,000 |
| 2009 | $9,377 +20.4% | $985,000 +9.7% |
| 2008 | $7,785 +4% | $897,900 |
| 2007 | $7,488 +4% | $897,900 |
| 2006 | $7,201 +23.9% | $897,900 +120.7% |
| 2005 | $5,813 +11.2% | $406,800 |
| 2002 | $5,227 | $406,800 |
Find assessor info on the county website
Neighborhood: The Point
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.3 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.7 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.2 mi
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Estimated market value
$3,149,500
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Estimated market value
$3,149,500
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