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For sale
    • Price cut: $125K (8/5)
    $2,875,000

    49 1/2 3rd St, Newport, RI 02840

    3beds
    2,347sqft
    : 
    $17,973/mo
    Get pre-qualified
    Single Family Residence
    Built in 2025
    4,399 Square Feet Lot
    $-- Zestimate®
    $1,225/sqft
    $-- HOA

    What's special

    Located in Newport’s Historic Point neighborhood, this newly built Mansard-roofed cottage blends European elegance with coastal New England charm. Crafted by master carpenters, exceptional design has natural light throughout kitchen, dining, & living area. Exterior elements include slate & metal roof with copper downspouts and outdoor shower. The chef’s kitchen features Jadore Quartzite counters, custom floor-to-ceiling rustic alder caramel wood cabinetry, Italian Bertazzoni appliances, and wet bar with beverage fridge and wine storage. A Travertine fireplace with handmade ceramic tile connects the kitchen and living area. The custom dining banquette offers padded fabric seating and Sapele wood trim. A powder room completes the main level. Upstairs, three ensuite bedrooms are finished with hand-made Zellige Zia and Otto tile, Calcutta Violetta marble & brass fixtures. A sunlit bridge links the office/library to the primary suite with a cathedral ceiling, custom king-size Sapelle trimmed bed, and three closets. The primary bath has a skylit shower, double vanity with Bianco Luna quartz top, Concretti sinks, and built-in medicine cabinets. The partially finished lower level offers 8-ft ceilings and natural light—ideal for a gym or secondary living area. A laundry room includes a sink and washer/dryer hookups. Enjoy all Newport has to offer within walking distance to harbor and downtown restaurants, shops, museums and movie theater.
    12 days
    |
    1,157
    |
    80
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Kirby 401-849-3000,

    Gustave White Sotheby's Realty

    Source: StateWide MLS RI,MLS#: 1419812MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Bathroom
      • Features: Bath w Shower Stall
      Heating
      • Natural Gas, Central Air, Central, Forced Air, Gas Connected, Radiant, Zoned
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Oven/Range, Refrigerator, Washer
      Features
      • Wall (Dry Wall), Wall (Plaster), Stairs, Wet Bar, Plumbing (Copper), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Central Vacuum
      • Flooring: Ceramic Tile, Hardwood
      • Windows: Skylight(s)
      • Basement: Full,Interior and Exterior,Partially Finished,Laundry,Playroom,Utility
      • Attic: Attic Stairs
      • Number of fireplaces: 1
      • Fireplace features: Brick, Stone
      Interior area
      • Total structure area: 2,007
      • Total interior livable area: 2,347 sqft
      • Finished area above ground: 2,007
      • Finished area below ground: 340

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Patio & porch: Patio, Porch
      • Waterfront features: Walk to Salt Water, Walk To Water
      Lot
      • Size: 4,399 Square Feet
      • Features: Local Historic District, Corner Lot, Sidewalks, Sprinklers
      Details
      • Parcel number: NEWPM012B0269
      • Zoning: R10

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Dry Wall, Plaster, Brick, Clapboard, Masonry, Wood
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 2025

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Municipal
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
      • Subdivision: Historic Point/Newport Harbor
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $1,225/sqft
      • Tax assessed value: $665,400
      • Annual tax amount: $7,516
      • Date on market: 8/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/5/2026Price change$2,875,000-4.2%$1,225/sqft
        Source: StateWide MLS RI #1419812 Report a problem
        4/28/2026Listed for sale$3,000,000+400%$1,278/sqft
        Source: StateWide MLS RI #1408724 Report a problem
        8/12/2022Sold$600,000+7.2%$256/sqft
        Source: StateWide MLS RI #1315706 Report a problem
        7/23/2022Pending sale$559,500$238/sqft
        Source: StateWide MLS RI #1315706 Report a problem
        7/18/2022Listed for sale$559,500+525.1%$238/sqft
        Source: StateWide MLS RI #1315706 Report a problem
        11/24/1998Sold$89,500-75.1%$38/sqft
        Source: Agent Provided Report a problem
        9/29/1994Sold$360,000$153/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,782 +18.7%$665,400 +12.2%
        2024$4,873 +30.1%$592,800 +52%
        2023$3,747 $389,900
        2022$3,747 +3%$389,900
        2021$3,638 -13.1%$389,900 -4.3%
        2020$4,188 $407,400
        2019$4,188 +2.9%$407,400
        2018$4,070 +12.6%$407,400 +26.4%
        2017$3,613 +2.6%$322,300
        2016$3,523 +2.4%$322,300
        2015$3,439 +1.7%$322,300 +14.9%
        2014$3,383 +6.2%$280,500
        2012$3,186 +0.3%$280,500 -12.3%
        2011$3,176 +3.9%$319,800
        2010$3,057 +0.4%$319,800
        2009$3,044 -12.6%$319,800 -20.4%
        2008$3,482 +4%$401,600
        2007$3,349 $401,600
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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: The Point

        Getting around

        77 / 100
        Very Walkable
        38 / 100
        Some Transit
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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