Picture perfect Newport Victorian cottage located in the heart of the Yachting Village. Originally built in 1870 and completely renovated this cottage oozes with charm! The two bedroom two bath is completely turn-key with a custom kitchen, wonderful open living spaces, beautifully designed bathrooms, hardwood floors and period detail throughout. The kitchen is the heart of the home and easily flows out to the newly appointed and extremely private patio with a charming storage shed and outdoor shower! Located only steps away from the harbor, restaurants and all that downtown Newport and Thames St has to offer. Central air, newer roof and windows, updated utilities and parking for 2 complete the package!
Sold for $1,135,000
$1,135,000
50 Lee Ave, Newport, RI 02840
2beds
1,158sqft
Single Family Residence
Built in 1870
2,613 Square Feet Lot
$1,155,300 Zestimate®
$980/sqft
$4,771 Estimated rent
Home value
$1,155,300
$947,000 - $1.41M
$4,771/mo
Zestimate® history
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List your homeWhat's special
Beautifully designed bathroomsCustom kitchenOutdoor showerOpen living spacesHardwood floorsPeriod detail
Zillow last checked:
Listing updated:
Listed by:
Eric Kirton 401-743-2744,
Lila Delman Compass
Bought with:
The Dowd Team, B16208
Keller Williams Coastal
Source: StateWide MLS RI,MLS#: 1385387
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub, Bath w Shower Stall
Heating
- Natural Gas, Central Air, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Refrigerator, Washer
Features
- Wall (Dry Wall), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
- Flooring: Hardwood, Marble
- Basement: Full,Interior and Exterior,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,158
- Total interior livable area: 1,158 sqft
- Finished area above ground: 1,158
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Features
- Waterfront features: Walk to Salt Water
Lot
- Size: 2,613 Square Feet
Details
- Additional structures: Outbuilding
- Parcel number: NEWPM035B0114
- Zoning: r-10
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Shingles
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Utilities for property: Water Connected
Community & HOA
Community
- Features: Near Public Transport, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Yachting Village
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $980/sqft
- Tax assessed value: $779,000
- Annual tax amount: $6,403
- Date on market: 5/19/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2025 | Sold | $1,135,000-5%$980/sqft |
Source:  StateWide MLS RI #1385387 Report a problem | ||
| 6/19/2025 | Contingent | $1,195,000$1,032/sqft |
Source: StateWide MLS RI #1385387 Report a problem | ||
| 5/19/2025 | Listed for sale | $1,195,000+151.6%$1,032/sqft |
Source: StateWide MLS RI #1385387 Report a problem | ||
| 2/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/25/2024 | Listed for rent | $10,000$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/27/2023 | Listed for rent | $10,000+212.5%$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/19/2023 | Price change | $3,200-5.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/31/2023 | Listed for rent | $3,400-60%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2019 | Listing removed | $8,500$7/sqft |
Source: Warner Realty Group #1223372 Report a problem | ||
| 7/18/2019 | Price change | $8,500-15%$7/sqft |
Source: Warner Realty Group #1223372 Report a problem | ||
| 5/22/2019 | Listed for rent | $10,000$9/sqft |
Source: Warner Realty Group #1223372 Report a problem | ||
| 7/15/2016 | Sold | $475,000$410/sqft |
Source: Public Record Report a problem | ||
| 6/27/2016 | Pending sale | $475,000$410/sqft |
Source: Mott & Chace Sotheby's International Realty #1129050 Report a problem | ||
| 6/16/2016 | Listed for sale | $475,000+72.7%$410/sqft |
Source: Mott & Chace Sotheby's International Realty #1129050 Report a problem | ||
| 12/21/2007 | Sold | $275,000+214.3%$237/sqft |
Source: Public Record Report a problem | ||
| 8/31/1995 | Sold | $87,500$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,769 +5.7% | $779,000 |
| 2024 | $6,403 +29.8% | $779,000 +51.8% |
| 2023 | $4,933 | $513,300 |
| 2022 | $4,933 +3% | $513,300 |
| 2021 | $4,789 +5.2% | $513,300 +15.9% |
| 2020 | $4,553 | $442,900 |
| 2019 | $4,553 +2.9% | $442,900 |
| 2018 | $4,425 +19.6% | $442,900 +34.2% |
| 2017 | $3,700 +3.5% | $330,100 +0.9% |
| 2016 | $3,574 +2.4% | $327,000 |
| 2015 | $3,489 -2.6% | $327,000 +10.1% |
| 2014 | $3,581 +6.2% | $296,900 |
| 2012 | $3,373 +2.5% | $296,900 -10.4% |
| 2011 | $3,292 +3.9% | $331,500 |
| 2010 | $3,169 +0.4% | $331,500 |
| 2009 | $3,156 | $331,500 -8.9% |
| 2008 | $3,156 +4% | $364,000 |
| 2007 | $3,036 +4% | $364,000 |
| 2006 | $2,919 +17% | $364,000 +108.5% |
| 2005 | $2,495 +11.2% | $174,600 |
| 2002 | $2,244 | $174,600 |
Find assessor info on the county website
Neighborhood: Harbor/Lower Thames
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Nearby schools
GreatSchools rating
- 3/10Frank E. Thompson Middle SchoolGrades: 5-8Distance: 1 mi
- 4/10Rogers High SchoolGrades: 9-12Distance: 0.8 mi
- 4/10Pell Elementary SchoolGrades: PK-4Distance: 2.2 mi
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Estimated market value
$1,155,300
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Estimated market value
$1,155,300
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