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Under contract
  • $1,997,000

    7 Florence Ave, Newport, RI 02840

    5beds
    3,288sqft
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    Single Family Residence
    Built in 1945
    8,276 Square Feet Lot
    $-- Zestimate®
    $607/sqft
    $-- HOA

    What's special

    Family room with fireplaceAir conditioningWalk-in closet with laundryBluestone patioFormal dining roomExceptional outdoor livingBeautiful cabinetry
    A gracious residence tucked along a picturesque street just off of Ruggles, ideally located within walking distance to Gooseberry Beach, Newport’s mansion district, and the city’s celebrated shops, restaurants, and waterfront culture. Offering a rare combination of space, comfort, and amenities, this property represents a turn key opportunity with exceptional outdoor living, ample parking, and air conditioning. The spacious main level is filled with natural light and classic charm. A formal living room opens to the private outdoor oasis, while the updated kitchen is appointed with marble countertops and beautiful cabinetry. The kitchen flows naturally into both a formal dining room and a family room with fireplace. A first-floor bedroom and full bath provide outstanding flexibility for multigenerational living. Upstairs, three bedrooms share a full bath, while the attic offers bonus space. The primary suite is privately situated and accessed via its own staircase, and serves as a peaceful retreat. Walk-in closet with laundry, an ensuite bath with walk-in shower, and a covered balcony create a serene setting. A finished lower level adds versatility with full bath and flexible bonus space. Outside, a bluestone patio and expansive yard create the perfect backdrop for summer gatherings and enjoying Newport’s lifestyle. Complete with solar panels and stylish updates, this special home seamlessly blends timeless character with modern convenience in a lovely, quiet neighborhood.
    44 days
    |
    448
    |
    18
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Holmes 914-497-7603,

    Mott & Chace Sotheby's Intl.,

    Joseph Costa 508-951-4799,

    Mott & Chace Sotheby's Intl.

    Source: StateWide MLS RI,MLS#: 1413358MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Bathroom
      • Features: Bath w Shower Stall, Bath w Tub & Shower
      Heating
      • Oil, Baseboard, Forced Water
      Cooling
      • Ductless
      Appliances
      • Included: Electric Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Whirlpool
      Features
      • Wall (Dry Wall), Skylight, Stairs, Plumbing (Mixed)
      • Flooring: Ceramic Tile, Hardwood, Carpet
      • Windows: Skylight(s)
      • Basement: Partial,Interior Entry,Partially Finished,Bath/Stubbed,Common,Storage Space,Utility
      • Attic: Attic Stairs, Attic Storage
      • Number of fireplaces: 2
      • Fireplace features: Brick
      Interior area
      • Total structure area: 2,855
      • Total interior livable area: 3,288 sqft
      • Finished area above ground: 2,855
      • Finished area below ground: 433
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached
      • Garage spaces: 1
      Features
      • Patio & porch: Patio, Porch
      • Waterfront features: Walk to Salt Water, Walk To Water
      Lot
      • Size: 8,276 Square Feet
      Details
      • Additional structures: Outbuilding
      • Parcel number: NEWPM040B0342
      • Zoning: R10A

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Dry Wall, Shingles
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1945

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
      • Subdivision: Ruggles
      HOA
      • Has HOA: No
      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $607/sqft
      • Tax assessed value: $1,312,700
      • Annual tax amount: $9,425
      • Date on market: 5/25/2026
      • Inclusions: Closing to occur after August 15th, 2026. Home is equipped with audio/video surveillance.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Contingent$1,997,000$607/sqft
        Source: StateWide MLS RI #1413358 Report a problem
        5/25/2026Listed for sale$1,997,000+40.1%$607/sqft
        Source: StateWide MLS RI #1413358 Report a problem
        8/15/2024Sold$1,425,000-4.7%$433/sqft
        Source: StateWide MLS RI #1358707 Report a problem
        6/5/2024Contingent$1,495,000$455/sqft
        Source: StateWide MLS RI #1358707 Report a problem
        5/18/2024Listed for sale$1,495,000+187.5%$455/sqft
        Source: StateWide MLS RI #1358707 Report a problem
        7/20/2015Sold$520,000-6.1%$158/sqft
        Source: Public Record Report a problem
        3/6/2015Listed for sale$554,000$168/sqft
        Source: Lila Delman Real Estate, Ltd. #1068361 Report a problem
        1/27/2015Listing removed$554,000$168/sqft
        Source: Lila Delman Real Estate, Ltd. #1068361 Report a problem
        10/24/2014Price change$554,000-4.3%$168/sqft
        Source: Lila Delman Real Estate, Ltd. #1068361 Report a problem
        8/28/2014Price change$579,000-3.3%$176/sqft
        Source: Lila Delman Real Estate, Ltd. #1068361 Report a problem
        7/17/2014Price change$599,000-7.7%$182/sqft
        Source: Lila Delman Real Estate, Ltd. #1068361 Report a problem
        6/20/2014Price change$649,000-7.2%$197/sqft
        Source: Lila Delman Real Estate, Ltd. #1068361 Report a problem
        5/21/2014Listed for sale$699,000+74.7%$213/sqft
        Source: Lila Delman Real Estate, Ltd. #1068361 Report a problem
        5/17/2011Sold$400,100-33.2%$122/sqft
        Source: Public Record Report a problem
        2/13/2011Listed for sale$599,000$182/sqft
        Source: Lila Delman Real Estate, Ltd. #984490 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,425 -12.7%$1,312,700
        2024$10,790 +31.8%$1,312,700 +54.1%
        2023$8,187 $851,900
        2022$8,187 +3%$851,900
        2021$7,948 +21.2%$851,900 +33.6%
        2020$6,556 $637,700
        2019$6,556 +2.9%$637,700
        2018$6,371 +3%$637,700 +15.6%
        2017$6,186 +2.6%$551,800
        2016$6,031 +2.4%$551,800
        2015$5,888 -5.5%$551,800 +6.8%
        2014$6,230 +6.2%$516,600
        2012$5,869 +0.7%$516,600 -12%
        2011$5,829 +3.9%$587,000
        2010$5,612 +0.4%$587,000
        2009$5,588 +8.4%$587,000 -1.3%
        2008$5,157 +4%$594,800
        2007$4,961 +4%$594,800
        2006$4,770 +4.4%$594,800 +86%
        2005$4,570 +30.2%$319,800 +17.1%
        2002$3,511 $273,200

        Find assessor info on the county website

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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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Fifth Ward

        Getting around

        55 / 100
        Somewhat Walkable
        23 / 100
        Minimal Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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