$2,900,000

About this home

Welcome to an exceptional Newport investment opportunity. This beautifully updated property features 12+ rooms, including 6 bedrooms and 8.5 baths, and holds the valuable City of Newport Transient Guest Facility Certificate. Each guest room includes its own private full bath, offering an ideal setup for high-quality guest stays. Recent upgrades include a full fire sprinkler and alarm system, new water/sewer and dedicated sprinkler lines, updated HVAC/mini-splits, new roof and decks, interior painting, many replaced windows, new flooring, and more—truly a turnkey offering. Located in a prime walkable area, guests enjoy easy access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, historic mansions, and top attractions. The property has a strong history of unique bookings, including movie crews, wedding parties, family reunions, tennis enthusiasts, and NYC getaway groups. With 7 off-street parking spaces, the possibilities for continued revenue growth are endless. Newport attracts over 3.5 million visitors annually and is one of the East Coast’s top wedding destinations. Its proximity to NYC, Boston, and Providence Airport ensures convenient year-round travel. With its active Newport license, this property can welcome daily guests throughout the year. Detailed financials available upon request. Showings coordinated with the listing agent.

Property facts

Property type

Single Family Residence

Style

Colonial

Year built

1863

Living area (sq ft)

5,331

Above-grade finished (sq ft)

5,081

Below-grade finished (sq ft)

250

Lot size (acres)

0.12

Total rooms

11

Stories

3

Garage spaces

0

Total parking

7

Annual taxes

$18,869

Tax year

2025

County

Newport

Features

Heating

Natural Gas, Baseboard

Basement

Full, Interior and Exterior, Unfinished

Appliances

Dishwasher, Dryer, Exhaust Fan, Range Hood, Microwave, Oven, Range, Refrigerator, Washer, Gas Water Heater

Interior

Wall (Plaster), Stairs, Insulation (Unknown)

Fireplace

Brick

Parking

No Garage

Construction

Plaster, Vinyl Siding

Sewer

Public

Water

Public

Waterfront

Walk to Salt Water

Lot

Fenced, Paved Driveway, Paved, Sprinklers, Underground Utilities

Location