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Sold for $2,400,000
  • $2,400,000

    4 Cherry St, Newport, RI 02840

    4beds
    3,142sqft
    Single Family Residence
    Built in 2024
    5,227.2 Square Feet Lot
    $2,691,300 Zestimate®
    $764/sqft
    $6,922 Estimated rent

    Home value

    $2,691,300

    $2.48M - $2.93M

    $6,922/mo

    Zestimate® history
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    What's special

    New Construction Home in the Point with Off-Street Parking! Step into luxury at 4 Cherry Street, Newport—a 3,142 sq ft home, newly staged to perfection. Custom-built by Harbor Construction and designed by A. Tesa Architecture, this home exudes elegance and craftsmanship, priced at just $778 per sq ft, offering exceptional value in the sought-after Point neighborhood. Expansion Potential: Newport's new zoning regulations allow for a 498 sq ft accessory structure, up to 30 feet high, adding 1,000+ sq ft. Whether a garage, guest house, or studio, this flexibility significantly enhances the property's value. The first floor features an open-concept layout, with a gorgeous custom kitchen and high end Thermador appliances. Sliding doors lead to a natural stone patio and a fully fenced backyard, ideal for outdoor living. Upstairs, the spacious primary suite boasts a nickel-gap shiplap ceiling and a spa-like Rohl shower. A second en-suite bedroom is perfect for guests, with two additional spacious bedrooms and a full bath on the top floor. A standout feature is the 800 sq ft finished lower level, perfect for a media room, gym, or lounge, with natural light and an additional half bath. This is your chance to own a newly constructed, impeccably designed home in the Point at an incredible price, with room for expansion. Don’t miss out!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lucas Barry 401-862-7172,

    Paramount Properties Group

    Bought with:

    The Dowd Team, B16208

    Keller Williams Coastal

    Source: StateWide MLS RI,MLS#: 1366583MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas, Central Air, Central, Forced Air, Forced Water, Hot Air, Hydro-Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Tankless Water Heater, Dishwasher, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator
    Features
    • Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
    • Flooring: Hardwood
    • Basement: Full,Interior and Exterior,Finished,Bath/Stubbed,Living Room,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,342
    • Total interior livable area: 3,142 sqft
    • Finished area above ground: 2,342
    • Finished area below ground: 800

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage
    Features
    • Patio & porch: Porch
    Lot
    • Size: 5,227 sqft
    • Features: Local Historic District
    Details
    • Parcel number: NEWPM012B0040
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Plaster, Clapboard, Shingles
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 2024

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Individual Meter
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Newport

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    9/16/2024Sold$2,400,000-1.8%$764/sqft
    Source: StateWide MLS RI #1366583 Report a problem
    9/4/2024Pending sale$2,445,000$778/sqft
    Source: StateWide MLS RI #1366583 Report a problem
    8/22/2024Contingent$2,445,000$778/sqft
    Source: StateWide MLS RI #1366583 Report a problem
    8/19/2024Listed for sale$2,445,000-8.7%$778/sqft
    Source: StateWide MLS RI #1366583 Report a problem
    8/13/2024Listing removed--
    Source: StateWide MLS RI #1356899 Report a problem
    7/19/2024Listed for sale$2,679,000$853/sqft
    Source: StateWide MLS RI #1356899 Report a problem
    7/2/2024Contingent$2,679,000$853/sqft
    Source: StateWide MLS RI #1356899 Report a problem
    5/28/2024Price change$2,679,000-7.6%$853/sqft
    Source: StateWide MLS RI #1356899 Report a problem
    4/17/2024Listed for sale$2,899,000+436.9%$923/sqft
    Source: StateWide MLS RI #1356899 Report a problem
    1/24/2023Sold$540,000$172/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,176 -12.7%$1,974,400
    2024$16,230 +447.6%$1,974,400 +540.2%
    2023$2,964 $308,400
    2022$2,964 +3%$308,400
    2021$2,877 +2.1%$308,400 +12.5%
    2020$2,819 $274,200
    2019$2,819 +2.9%$274,200
    2018$2,739 +10%$274,200 +23.5%
    2017$2,489 +2.6%$222,000
    2016$2,426 +2.4%$222,000
    2015$2,369 +13.1%$222,000 +27.9%
    2014$2,094 +6.2%$173,600
    2012$1,972 -1.6%$173,600 -14%
    2011$2,004 +3.9%$201,800
    2010$1,929 +0.4%$201,800
    2009$1,921 -14.9%$201,800 -22.5%
    2008$2,257 +4%$260,300
    2007$2,171 +4%$260,300
    2006$2,088 -46.3%$260,300 -4.4%
    2005$3,890 +122.4%$272,200 +100%
    2002$1,749 $136,100

    Find assessor info on the county website

    Neighborhood: The Point

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,691,300
    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
    $2,691,300