“Non-MLS listing, entered for comp purposes only”. A stunning 5,420 sq ft home offering four bedrooms and five-and-a-half baths across three levels of living. Designed with entertaining in mind, the residence features high ceilings, a spacious and inviting center island, and two sets of French doors that open onto a bluestone patio. The expansive primary suite provides a luxurious retreat, while all bedrooms include en-suite baths. A sun-filled turret with water views creates an ideal sitting room, and the third floor offers an additional living area complete with a kitchenette. Additional highlights include a large unfinished basement with high ceilings, perfect for future customization, a thoughtfully designed elevator shaft, and a beautiful library—truly a home that has it all.
Sold for $5,700,000
$5,700,000
381 Gibbs Ave, Newport, RI 02840
4beds
5,420sqft
Single Family Residence
Built in 2008
0.48 Acres Lot
$5,738,700 Zestimate®
$1,052/sqft
$7,152 Estimated rent
Home value
$5,738,700
$4.48M - $7.35M
$7,152/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Grace Cimo McCluskey 401-849-3000,
Gustave White Sotheby's Realty
Bought with:
Kylie McCollough, RES.0042670
Mott & Chace Sotheby's Intl.
Jennifer Crellin, RES.0041767
Mott & Chace Sotheby's Intl.
Source: StateWide MLS RI,MLS#: 1409964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Bathroom
- Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Central Air, Forced Air
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Plaster), Stairs, Plumbing (Mixed), Plumbing (PEX), Insulation (Ceiling), Insulation (Walls)
- Flooring: Ceramic Tile, Hardwood, Carpet
- Basement: Full,Interior Entry,Unfinished
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 5,420
- Total interior livable area: 5,420 sqft
- Finished area above ground: 5,420
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Attached
- Attached garage spaces: 2
Features
- Patio & porch: Patio
- Waterfront features: Walk To Water
Lot
- Size: 0.48 Acres
- Features: Corner Lot
Details
- Parcel number: NEWPM030B0013
- Zoning: r20
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Plaster, Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Electric: 200+ Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Security: Security System Leased
- Subdivision: Old Beach/Catherine
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $1,052/sqft
- Tax assessed value: $4,200,400
- Annual tax amount: $36,500
- Date on market: 4/20/2026
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Sold | $5,700,000+174.7%$1,052/sqft |
Source:  StateWide MLS RI #1409964 Report a problem | ||
| 12/1/2009 | Sold | $2,075,000+59.6%$383/sqft |
Source: Public Record Report a problem | ||
| 11/25/2008 | Sold | $1,300,000+46.1%$240/sqft |
Source: Public Record Report a problem | ||
| 5/17/2005 | Sold | $890,000$164/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,497 +5.7% | $4,200,400 |
| 2024 | $34,527 +39.5% | $4,200,400 +63.1% |
| 2023 | $24,749 | $2,575,300 |
| 2022 | $24,749 +3% | $2,575,300 |
| 2021 | $24,028 -0.7% | $2,575,300 +9.4% |
| 2020 | $24,194 | $2,353,500 |
| 2019 | $24,194 +2.9% | $2,353,500 |
| 2018 | $23,511 -2.1% | $2,353,500 +9.9% |
| 2017 | $24,015 +2.6% | $2,142,300 |
| 2016 | $23,415 +2.4% | $2,142,300 |
| 2015 | $22,858 -3.8% | $2,142,300 +8.7% |
| 2014 | $23,770 +6.2% | $1,971,000 |
| 2012 | $22,391 +11.1% | $1,971,000 -2.8% |
| 2011 | $20,146 +3.9% | $2,028,800 |
| 2010 | $19,395 +483.7% | $2,028,800 +481.2% |
| 2009 | $3,323 -60.3% | $349,100 -63.8% |
| 2008 | $8,372 +4% | $965,600 |
| 2007 | $8,053 +4% | $965,600 |
| 2006 | $7,744 -23.1% | $965,600 +37.1% |
| 2005 | $10,064 +11.2% | $704,300 |
| 2002 | $9,050 | $704,300 |
Find assessor info on the county website
Neighborhood: Old Beach
Nearby homes
- $3,772,6004 bd3 ba3.9k sqft111 Old Beach Rd, Newport, RI 02840Off Market
- $3,133,0004 bd4 ba3.1k sqft363 Gibbs Ave, Newport, RI 02840Off Market
- $1,668,7003 bd3 ba2.1k sqft376 Gibbs Ave, Newport, RI 02840Off Market
- $3,752,5005 bd4 ba3.6k sqft116 Old Beach Rd, Newport, RI 02840Off Market
- $1,093,5002 bd2 ba1.2k sqft397 Gibbs Ave APT 1, Newport, RI 02840Off Market
- $868,0002 bd1 ba938 sqft397 Gibbs Ave APT 2, Newport, RI 02840Off Market
- $751,3002 bd1 ba899 sqft397 Gibbs Ave APT 3, Newport, RI 02840Off Market
- $736,9002 bd1 ba823 sqft397 Gibbs Ave APT A, Newport, RI 02840Off Market
Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.6 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.7 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.4 mi
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Estimated market value
$5,738,700
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Estimated market value
$5,738,700
- Rhode Island
- Newport County
- Newport
- 02840
- Old Beach
- 381 Gibbs Ave
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