Fresh as New Coastal Cottage! Sweet salt air will draw you to this home just steps from the beach. Sweeping ceilings and bright light with open floor plan offering 2 primary suites, 3 additional bedrooms with 3 full and 1 half baths. Third floor flex room with additional half bath. This home has been redesigned and upgraded with all new custom wood windows, natural cedar siding, new gleaming hardwood floors and a new two car garage with loft, just to name a few. Sprawling lawn with manicured private backyard features a heated saltwater pool and lush plantings. Partially finished lower level with plenty of storage and a second laundry room. This well-appointed home is located in one of the most sought-after areas, walk to Bellevue Ave, beaches, downtown and the Tennis Hall of Fame!
Sold for $3,290,000
$3,290,000
425 Gibbs Ave, Newport, RI 02840
5beds
4,818sqft
Single Family Residence
Built in 1987
0.46 Acres Lot
$3,806,500 Zestimate®
$683/sqft
$6,907 Estimated rent
Home value
$3,806,500
$3.39M - $4.30M
$6,907/mo
Zestimate® history
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New gleaming hardwood floorsNatural cedar sidingNew custom wood windowsBright lightFlex roomLush plantingsSprawling lawn
Zillow last checked:
Listing updated:
Listed by:
The Newport Group 401-849-3339,
Coldwell Banker Realty
Bought with:
The Newport Group
Coldwell Banker Realty
The Newport Group
Coldwell Banker Realty
Source: StateWide MLS RI,MLS#: 1353042
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Bathroom
- Features: Bath w Shower Stall, Bath w Tub & Shower
Heating
- Natural Gas, Central Air, Forced Water, Gas Connected
Cooling
- Central Air, Ductless
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors)
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior and Exterior,Partially Finished,Laundry,Office,Storage Space,Work Shop
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,346
- Total interior livable area: 4,818 sqft
- Finished area above ground: 3,346
- Finished area below ground: 1,472
Property
Parking
- Total spaces: 10
- Parking features: Detached
- Garage spaces: 2
Features
- Pool features: In Ground, Salt Water
- Fencing: Fenced
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 0.46 Acres
- Features: Local Historic District
Details
- Parcel number: NEWPM030B0074
- Zoning: R20
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: 200+ Amp Service
- Utilities for property: Underground Utilities, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Private School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $683/sqft
- Tax assessed value: $2,173,200
- Annual tax amount: $13,622
- Date on market: 2/25/2024
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2024 | Sold | $3,290,000-7.3%$683/sqft |
Source:  StateWide MLS RI #1353042 Report a problem | ||
| 4/13/2024 | Pending sale | $3,550,000$737/sqft |
Source: StateWide MLS RI #1353042 Report a problem | ||
| 2/25/2024 | Listed for sale | $3,550,000-3.9%$737/sqft |
Source: StateWide MLS RI #1353042 Report a problem | ||
| 12/18/2023 | Listing removed | -- |
Source: StateWide MLS RI #1342878 Report a problem | ||
| 9/1/2023 | Listed for sale | $3,695,000+235.9%$767/sqft |
Source: StateWide MLS RI #1342878 Report a problem | ||
| 3/20/2018 | Sold | $1,100,000-10.2%$228/sqft |
Source: StateWide MLS RI #1181978 Report a problem | ||
| 3/6/2018 | Pending sale | $1,225,000$254/sqft |
Source: Coldwell Banker Residential Brokerage - Newport #1181978 Report a problem | ||
| 2/1/2018 | Listed for sale | $1,225,000+2.5%$254/sqft |
Source: Coldwell Banker Res. Brokerage #1181978 Report a problem | ||
| 12/18/2017 | Listing removed | $1,195,000$248/sqft |
Source: Coldwell Banker Residential Brokerage - Newport #1157053 Report a problem | ||
| 9/20/2017 | Price change | $1,195,000-6.3%$248/sqft |
Source: Coldwell Banker Residential Brokerage - Newport #1157053 Report a problem | ||
| 8/10/2017 | Price change | $1,275,000-5.6%$265/sqft |
Source: Coldwell Banker Residential Brokerage - Newport #1157053 Report a problem | ||
| 4/20/2017 | Listed for sale | $1,350,000$280/sqft |
Source: Coldwell Banker Res. Brokerage #1157053 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,604 +3% | $2,173,200 |
| 2024 | $15,147 +8% | $2,173,200 +48.8% |
| 2023 | $14,031 | $1,460,000 |
| 2022 | $14,031 +3% | $1,460,000 |
| 2021 | $13,622 +14.8% | $1,460,000 +26.5% |
| 2020 | $11,864 | $1,154,100 |
| 2019 | $11,864 +7.2% | $1,154,100 +4.2% |
| 2018 | $11,069 | $1,108,000 +7.8% |
| 2017 | -- | $1,027,900 |
| 2016 | -- | $1,027,900 |
| 2015 | -- | $1,027,900 +14.8% |
| 2010 | -- | $895,600 |
| 2009 | -- | $895,600 -3% |
| 2008 | -- | $922,900 |
| 2007 | -- | $922,900 |
| 2006 | -- | $922,900 +75.4% |
| 2005 | -- | $526,300 |
| 2002 | $6,763 | $526,300 |
Find assessor info on the county website
Neighborhood: Old Beach
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Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 0.7 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 1.6 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 1.5 mi
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Estimated market value
$3,806,500
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Estimated market value
$3,806,500
- Rhode Island
- Newport County
- Newport
- 02840
- Old Beach
- 425 Gibbs Ave
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