$399,000

About this home

Welcome to 479 Park Avenue, a rare opportunity in one of Portsmouth's most desirable waterfront neighborhoods. Situated on a 3,600+ square foot lot just one house off the beautiful Sakonnet River, this property enjoys stunning 180-degree water views and endless potential for homeowners, investors, builders, or those seeking a seasonal coastal retreat. The existing home offers approximately 1,200 square feet of living space with three bedrooms, one full bathroom, a spacious living room, large kitchen, and a first-floor office that provides flexibility for remote work or additional living space. The fully fenced yard offers privacy and ample outdoor space for entertaining, gardening, or enjoying the coastal surroundings. Recent improvements include a brand-new roof installed in 2025, replacement windows throughout, updated flooring, and a recently updated bathroom, providing a solid foundation for future improvements or redevelopment. Located just steps from the water and within walking distance to local beaches, restaurants, and neighborhood amenities, this property offers an exceptional lifestyle opportunity in a highly sought-after location. Whether you're looking to renovate, invest, build new, or simply enjoy the charm of coastal Portsmouth, the possibilities here are endless. Property is being sold strictly as-is. Buyers and buyers' agents to perform all due diligence regarding redevelopment, renovation potential, flood zone requirements, and future use of the property.

Property facts

Property type

Single Family Residence

Style

Bungalow, Cape Cod

Year built

1941

Living area (sq ft)

1,281

Above-grade finished (sq ft)

1,281

Below-grade finished (sq ft)

0

Lot size (acres)

0.09

Total rooms

7

Stories

2

Garage spaces

0

Total parking

4

Annual taxes

$3,030

Tax year

2025

HOA / condo fee

$0

Fee frequency

Monthly

County

Newport

Features

Heating

Oil, Baseboard

Cooling

None

Basement

Full, Bulkhead, Unfinished, Utility

Interior

Wall (Dry Wall), Wall (Paneled), Plumbing (Mixed), Insulation (Unknown)

Fireplace

None

Parking

No Garage

Construction

Dry Wall, Paneled, Shingles

Utilities

Water Connected

Sewer

Septic Tank

Water

Public

Waterfront

Flood Insurance, Saltwater View

Community

Marina, Restaurants, Shopping, Near Swimming

Lot

Fenced

Location