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Sold for $1,750,000
  • $1,750,000

    78 Rhode Island Ave Unit 4, Newport, RI 02840

    2beds
    1,806sqft
    Condominium
    Built in 1900
    -- sqft lot
    $1,970,600 Zestimate®
    $969/sqft
    $6,034 Estimated rent

    Home value

    $1,970,600

    $1.77M - $2.19M

    $6,034/mo

    Zestimate® history
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    What's special

    Gas fireplaceLarge common rooftop deckBeverage fridgeMarble-topped vanitiesQuartz countertopsGas cooktopBar seating
    Discover the charm of this elegant one-level condo in the historic Eastbourne Lodge, situated in the desirable Kay/Catherine neighborhood. This bright southwest corner unit benefitting from abundant natural light boasts its own private 400+ sq ft terrace, perfect for outdoor dining, entertaining, or unwinding. The open kitchen and great room feature a gas fireplace and custom cabinetry. The kitchen includes bar seating, a gas cooktop, quartz countertops and backsplash, and a beverage fridge. Two large bedrooms, one with a gas fireplace, offer impressive walk-in closets and luxurious bathrooms with marble-topped vanities and custom marble mosaic floor tiles, allowing either to serve as the primary suite. An office off one bedroom can also function as extra sleeping space. Elegance is found throughout, with a welcoming foyer, beautiful hardwood floors, high ceilings, classic wainscoting, crown molding, and a half bath with stylish wallpaper. Accessible by a grand staircase or an elevator, this second-floor condo also offers a large common rooftop deck with Newport views. Conveniently located near Easton’s Beach, Bellevue Avenue, and downtown Newport, it includes a spacious private storage room in the basement. While the building has historic charm and appeal, it was converted into condos in only mid-2017, making the systems just over 7 years old. This sophisticated condo residence perfectly combines historic allure with modern convenience.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alyce Wright 401-662-7993,

    Lila Delman Compass

    Bought with:

    Jessica Chase, RES.0040224

    Gustave White Sotheby's Realty

    Source: StateWide MLS RI,MLS#: 1375943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bathroom
    • Level: First
    • Area: 72 Square Feet
    • Dimensions: 9
    Bathroom
    • Level: First
    • Area: 90 Square Feet
    • Dimensions: 10
    Bathroom
    • Level: First
    • Area: 30 Square Feet
    • Dimensions: 5
    Other
    • Level: First
    • Area: 264 Square Feet
    • Dimensions: 22
    Other
    • Level: First
    • Area: 221 Square Feet
    • Dimensions: 17
    Other
    • Level: First
    • Area: 168 Square Feet
    • Dimensions: 12
    Other
    • Level: First
    • Area: 40 Square Feet
    • Dimensions: 4
    Other
    • Level: First
    • Area: 27 Square Feet
    • Dimensions: 3
    Kitchen
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 12
    Laundry
    • Level: First
    • Area: 16 Square Feet
    • Dimensions: 4
    Living room
    • Level: First
    • Area: 414 Square Feet
    • Dimensions: 23
    Office
    • Level: First
    • Area: 81 Square Feet
    • Dimensions: 9
    Heating
    • Natural Gas, Central Air, Central, Forced Air, Gas Connected, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Dishwasher, Dryer, Disposal, Range Hood, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Cathedral Ceiling(s), Plumbing (Copper), Plumbing (Mixed), Plumbing (PVC), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Elevator
    • Flooring: Hardwood, Marble
    • Basement: Full,Interior and Exterior,Unfinished,Storage Space
    • Number of fireplaces: 2
    • Fireplace features: Brick, Gas, Stone
    Interior area
    • Total structure area: 1,806
    • Total interior livable area: 1,806 sqft
    • Finished area above ground: 1,806
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage, Unassigned
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Flat Thresholds, One Level
    Features
    • Stories: 1
    • Entry location: Elevator
    • Patio & porch: Deck
    • Waterfront features: Walk to Salt Water, Walk To Water
    Lot
    • Size: 0.86 Acres
    • Features: Local Historic District
    Details
    • Parcel number: NEWPM020B0218L4
    • Zoning: RES
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV, Elevator, Intercom

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Dry Wall, Brick, Masonry
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, Individual Meter
    • Sewer: Public Sewer
    • Water: In Fee, Municipal
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Hospital, Private School, Public School, Restaurants, Schools, Near Shopping, Near Swimming
    • Subdivision: Kay / Catherine
    HOA
    • Has HOA: No
    • HOA fee: $2,427 quarterly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $969/sqft
    • Tax assessed value: $1,545,400
    • Annual tax amount: $12,705
    • Date on market: 1/11/2025
    • Inclusions: The HOA fees are $2067.43 quarterly and the reserve account allocation to increase reserves is $359.55 quarterly which totals the $2, 426.98 a quarter, which equates to $809 / month but fees are paid quarterly. Fees include all common area maintenance & insurance + WATER + SEWER.

    Price history

    DateEventPrice
    6/9/2025Sold$1,750,000-4.1%$969/sqft
    Source: StateWide MLS RI #1375943 Report a problem
    4/25/2025Pending sale$1,825,000$1,011/sqft
    Source: StateWide MLS RI #1375943 Report a problem
    3/14/2025Contingent$1,825,000$1,011/sqft
    Source: StateWide MLS RI #1375943 Report a problem
    1/11/2025Price change$1,825,000-2.7%$1,011/sqft
    Source: StateWide MLS RI #1375943 Report a problem
    11/4/2024Price change$1,875,000-3.6%$1,038/sqft
    Source: StateWide MLS RI #1365087 Report a problem
    8/10/2024Listed for sale$1,945,000+151%$1,077/sqft
    Source: StateWide MLS RI #1365087 Report a problem
    11/14/2017Sold$775,000$429/sqft
    Source: StateWide MLS RI #1178658 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,428 +5.7%$1,545,400
    2024$12,703 +73.2%$1,545,400 +102.5%
    2023$7,335 $763,300
    2022$7,335 +3%$763,300
    2021$7,122 -0.7%$763,300 +9.4%
    2020$7,169 $697,400
    2019$7,169 +10.4%$697,400 +7.3%
    2018$6,495 $650,200
    Find assessor info on the county website

    Neighborhood: Kay/Catherine

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,970,600
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    Estimated market value
    $1,970,600