425 Gibbs Avenue Newport, RI $ 3,550,000
425 Gibbs Avenue
$ 3,550,000
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425 Gibbs Avenue

Newport, RI, 02840
$ 3,550,000
Bedrooms5 Baths3.2 Sq 4,818

Monthly Estimate*

$ 24,798

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Single Family Home for sale in Newport, RI

for $3,550,000 with 5 bedrooms and 3 full baths, 2 half baths. This 4,818 square foot home was built in 1987 on a lot size of 0.46.

Fresh as New Coastal Cottage! Sweet salt air will draw you to this home just steps from the beach. Sweeping ceilings and bright light with open floor plan offering 2 primary suites, 3 additional bedrooms with 3 full and 1 half baths. Third floor flex room with additional half bath. This home has been redesigned and upgraded with all new custom wood windows, natural cedar siding, new gleaming hardwood floors and a new two car garage with loft, just to name a few. Sprawling lawn with manicured private backyard features a heated saltwater pool and lush plantings. Partially finished lower level with plenty of storage and a second laundry room. This well-appointed home is located in one of the most sought-after areas, walk to Bellevue Ave, beaches, downtown and the Tennis Hall of Fame!

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Single Family Pending

Price

$ 3,550,000

Bedrooms

5

Full Bath

3

Half Bath

2

Property Type

Single Family

Taxes

$ 13,622

Style

CabinCottage,Contemporary

Lot Size

0.46

Year Built

1987

Town/City

Newport

County/Region

Newport

MLS | Web ID

1353042

Features
General
Interior Features TubShower
Sewer Connected
Heating Gas HotWater
Cooling Ductless CentralAir
Utilities SewerConnected UndergroundUtilities
Possession Negotiable
Appliances Dryer Dishwasher Disposal GasWaterHeater Microwave Oven Range Refrigerator Washer
Zoning R20
HOA 0.0
Garage Spaces 2.0
Architectural Style CabinCottage Contemporary
Pool Features InGround SaltWater
Construction Materials Drywall ShingleSiding WoodSiding
Year Built 1987
Electric Item200AmpService
Stories 3
Levels ThreeOrMore
Property SubType SingleFamilyResidence
Tax Year 2023
Waterfront Features WalktoWater
Community Features NearSchools RecreationArea Restaurant Shopping TennisCourts
County Newport
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Total Rooms 11
Status Pending
City Newport
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 20038.0
Waterfront Y/N N
Carport Y/N N
Street Name Gibbs
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 13622.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 48
Standard Status Pending
Tax Assessed Value 1460000
Tax Lot 074
Property Sub Type Additional SingleFamilyResidence
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Interior
Basement ExteriorEntry Full InteriorEntry PartiallyFinished
Flooring CeramicTile Hardwood
Total Fireplaces 0
Fireplace Features None
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3346.0
Full Baths 3
Half Baths 2
Street Suffix Avenue
Total Bedrooms 5
Below Grade Finished Area 1472.0
Electric On Property Y/N N
Total Baths 5
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Exterior
Fencing Fenced
Parking Features Detached Garage
Water Source Connected
Total Parking 10.0
Lot Size Area 20038.0
Foundation Details ConcretePerimeter
Spa N
Building Area Total 4818.0
Lot Size Acres 0.46
Lot Size Units SquareFeet
Covered Spaces 2.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 425
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* Excluded Features
List By
Coldwell Banker Realty

Broker

lisa@thenewportgroupri.com

Email

Affordability Calculator

$25,933
Per Month
96%
4%
0%
Monthly Principal & Interest
$24,798
Monthly Property Taxes
$1,135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2024$3,550,000 Listed Price

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425 Gibbs Avenue, Newport, RI, 02840 is a Single Family Home for sale at $3,550,000 with 4,818 sqft and a lot size of 0.46. 425 Gibbs Avenue has 5 bedrooms, 3.2 baths, and was built in 1987. The property's zip code is 02840 which is in Newport, RI