Picture-perfect Point cottage! Offered for the first time in 20 years, 72 Third Street is a charming turn-of-the-century home just two blocks from the water in one of Newport’s most beloved neighborhoods. Updated, bright and incredibly functional, the home offers great natural light, central air, two gas fireplaces and a flexible layout with one bedroom and full bath on the main level and two bedrooms upstairs. The fully finished basement, complete with a full bathroom and bulkhead access, adds valuable additional living space. Outside, enjoy a private patio, mature landscaping, gas lantern, beautiful stonework and the rare convenience of off-street parking for two cars. No flood insurance is currently required. Quiet neighborhood setting yet close to downtown, the harbor and easy access on and off the Newport Pell Bridge. With its versatile layout and location, the property also offers excellent rental potential. A classic Newport cottage combining historic charm, modern comfort and everyday practicality.
For sale
Price cut: $46K (9/26)
$1,429,000
72 3rd St, Newport, RI 02840
3beds
1,743sqft
Single Family Residence
Built in 1890
3,049 Square Feet Lot
$1,370,400 Zestimate®
$820/sqft
$-- HOA
What's special
Bulkhead accessBeautiful stoneworkPrivate patioFully finished basementCentral airMature landscapingTwo gas fireplaces
- 26 days
- 3,300
- 213
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alexander Fraioli 401-255-9109,
Edge Realty RI
Source: StateWide MLS RI,MLS#: 1422332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas, Gas Connected
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
Features
- Wall (Dry Wall), Plumbing (Mixed)
- Flooring: Hardwood
- Basement: Full,Interior and Exterior,Finished,Bath/Stubbed,Living Room,Media Room,Office,Playroom
- Number of fireplaces: 2
- Fireplace features: Insert
Interior area
- Total structure area: 1,268
- Total interior livable area: 1,743 sqft
- Finished area above ground: 1,268
- Finished area below ground: 475
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Lot
- Size: 3,049 Square Feet
- Features: Local Historic District
Details
- Parcel number: NEWPM012B0195
- Zoning: R10
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Clapboard
- Foundation: Concrete Perimeter, Mixed, Stone, Unknown
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 150 Amp Service, 200+ Amp Service
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Golf, Hospital, Marina, Private School
- Subdivision: The Point
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $820/sqft
- Tax assessed value: $960,500
- Annual tax amount: $6,896
- Date on market: 9/2/2026
Estimated market value
$1,370,400
$1.30M - $1.44M
$4,064/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Price change | $1,429,000-3.1%$820/sqft |
Source:  StateWide MLS RI #1422332 Report a problem | ||
| 9/2/2026 | Listed for sale | $1,475,000+201%$846/sqft |
Source: StateWide MLS RI #1422332 Report a problem | ||
| 4/21/2005 | Sold | $490,000+76.6%$281/sqft |
Source: Public Record Report a problem | ||
| 7/22/2004 | Sold | $277,500$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,896 +3% | $960,500 |
| 2024 | $6,695 +10.7% | $960,500 +52.6% |
| 2023 | $6,048 | $629,300 |
| 2022 | $6,048 +3% | $629,300 |
| 2021 | $5,871 +13.3% | $629,300 +24.9% |
| 2020 | $5,181 | $504,000 |
| 2019 | $5,181 +2.9% | $504,000 |
| 2018 | $5,035 +6.3% | $504,000 +19.2% |
| 2017 | $4,738 +2.6% | $422,700 |
| 2016 | $4,620 +2.4% | $422,700 |
| 2015 | $4,510 -2.6% | $422,700 +10.1% |
| 2014 | $4,631 +6.9% | $384,000 +0.7% |
| 2012 | $4,334 -4.3% | $381,500 -16.3% |
| 2011 | $4,528 +3.9% | $456,000 |
| 2010 | $4,359 +0.4% | $456,000 |
| 2009 | $4,341 -1.4% | $456,000 -10.2% |
| 2008 | $4,403 +3.9% | $507,900 |
| 2007 | $4,236 +4% | $507,900 |
| 2006 | $4,073 +53.8% | $507,900 +173.9% |
| 2005 | $2,649 -2.8% | $185,400 -12.5% |
| 2002 | $2,724 | $212,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: The Point
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