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For sale
  • $1,475,000

    40 Atlantic St, Newport, RI 02840

    3beds
    1,754sqft
    : 
    $8,734/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    2,526 Square Feet Lot
    $-- Zestimate®
    $841/sqft
    $-- HOA

    What's special

    Welcome to this 5th Ward corner-lot cutie, perfectly positioned just three blocks from King’s Park, the beach, and the playground! Completely reimagined, this two-story, 3-bedroom, 2.5-bath home features a light-filled open-concept main floor anchored by warm white oak flooring, a spacious kitchen with a center island, and a dedicated dining area. Enjoy total peace of mind with extensive big-ticket upgrades, including a year old roof, new windows, new HVAC, and updated plumbing. The second floor offers three bedrooms, highlighted by a serene primary suite with its own private en-suite bath, while the finished basement provides flexible extra living space and a separate laundry area. Step outside to your outdoor oasis—complete with a hardscaped patio, fully fenced backyard, wood-burning fire pit, convenient outdoor shower for post-beach days, fresh sod, new professional landscaping, and rare off-street parking for four vehicles. Turn-key, beautifully updated, and seconds from the water!
    22 days
    |
    1,114
    |
    57
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Newport Living Group 401-338-3771,

    Lila Delman Compass

    Source: StateWide MLS RI,MLS#: 1418922MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bathroom
      • Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
      Heating
      • Natural Gas, Central, Forced Air, Gas Connected, Zoned
      Cooling
      • Central Air
      Appliances
      • Included: Gas Water Heater, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
      Features
      • Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
      • Flooring: Ceramic Tile, Hardwood, Marble
      • Windows: Insulated Windows
      • Basement: Full,Interior and Exterior,Partially Finished,Laundry,Playroom,Utility
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,254
      • Total interior livable area: 1,754 sqft
      • Finished area above ground: 1,254
      • Finished area below ground: 500
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: No Garage, Driveway
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Porch
      • Fencing: Fenced
      • Waterfront features: Walk to Salt Water, Walk To Water
      Lot
      • Size: 2,526 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: NEWPM040B0114
      • Zoning: R10

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Dry Wall, Clapboard, Shingles
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Commuter Bus, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
      • Subdivision: Fifth Ward
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $841/sqft
      • Tax assessed value: $682,900
      • Annual tax amount: $5,933
      • Date on market: 7/27/2026
      • Inclusions: Taxes are based off the non-resident rate of $8.689 per thousand off of the current assessment. The resident/owner occupied rate is $7.177 per thousand Property is in the flood zone. Basement has a drainage system, vapor barrier and sump pump.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/5/2026Listed for sale$1,475,000+78.8%$841/sqft
        Source: StateWide MLS RI #1418922 Report a problem
        8/27/2025Sold$825,000-4.6%$470/sqft
        Source: StateWide MLS RI #1392757 Report a problem
        7/29/2025Listing removed$3,400$2/sqft
        Source: Zillow Rentals Report a problem
        7/15/2025Price change$3,400-5.6%$2/sqft
        Source: Zillow Rentals Report a problem
        7/8/2025Listed for rent$3,600+89.5%$2/sqft
        Source: Zillow Rentals Report a problem
        6/5/2025Price change$865,000-1.1%$493/sqft
        Source: StateWide MLS RI #1385548 Report a problem
        5/23/2025Listed for sale$875,000+553%$499/sqft
        Source: StateWide MLS RI #1385548 Report a problem
        6/6/2017Listing removed$1,900+2.7%$1/sqft
        Source: SeaLegs Property Group Report a problem
        4/17/2017Listed for rent$1,850+15.6%$1/sqft
        Source: Zillow Rental Manager Report a problem
        2/13/2013Listing removed$1,600$1/sqft
        Source: Prudential Prime Properties Report a problem
        11/30/2012Listed for rent$1,600-3%$1/sqft
        Source: Prudential Prime Properties Report a problem
        4/17/2012Listing removed$1,650$1/sqft
        Source: William Raveis Report a problem
        1/28/2012Listed for rent$1,650$1/sqft
        Source: William Raveis Report a problem
        3/31/1995Sold$134,000$76/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,934 +5.7%$682,900
        2024$5,613 +29.6%$682,900 +51.6%
        2023$4,330 $450,600
        2022$4,330 +3%$450,600
        2021$4,204 +2.2%$450,600 +12.6%
        2020$4,114 $400,200
        2019$4,114 +2.9%$400,200
        2018$3,998 +5.5%$400,200 +18.4%
        2017$3,790 +2.6%$338,100
        2016$3,695 +2.4%$338,100
        2015$3,608 -7.4%$338,100 +4.7%
        2014$3,895 +6.2%$323,000
        2012$3,669 +4.7%$323,000 -8.5%
        2011$3,504 +3.9%$352,900
        2010$3,374 +0.4%$352,900
        2009$3,360 +0.5%$352,900 -8.5%
        2008$3,343 +3.9%$385,600
        2007$3,216 +4%$385,600
        2006$3,093 +17.5%$385,600 +109.3%
        2005$2,632 +11.2%$184,200
        2002$2,367 $184,200
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Fifth Ward

        Getting around

        77 / 100
        Very Walkable
        22 / 100
        Minimal Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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