7 Florence Avenue Newport, RI $ 1,997,000
7 Florence Avenue
$ 1,997,000
Recently Listed
Open House 5/29 4pm - 6pm
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7 Florence Avenue

Newport, RI, 02840
$ 1,997,000
Bedrooms5 Baths4.0 Sq 3,288

Monthly Estimate*

$ 12,296

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Single Family Home for sale in Newport, RI

for $1,997,000 with 5 bedrooms and 4 full baths. This 3,288 square foot home was built in 1945 on a lot size of 0.19.

A gracious residence tucked along a picturesque street just off of Ruggles, ideally located within walking distance to Gooseberry Beach, Newport's mansion district, and the city's celebrated shops, restaurants, and waterfront culture. Offering a rare combination of space, comfort, and amenities, this property represents a turn key opportunity with exceptional outdoor living, ample parking, and air conditioning. The spacious main level is filled with natural light and classic charm. A formal living room opens to the private outdoor oasis, while the updated kitchen is appointed with marble countertops and beautiful cabinetry. The kitchen flows naturally into both a formal dining room and a family room with fireplace. A first-floor bedroom and full bath provide outstanding flexibility for multigenerational living. Upstairs, three bedrooms share a full bath, while the attic offers bonus space. The primary suite is privately situated and accessed via its own staircase, and serves as a peaceful retreat. Walk-in closet with laundry, an ensuite bath with walk-in shower, and a covered balcony create a serene setting. A finished lower level adds versatility with full bath and flexible bonus space. Outside, a bluestone patio and expansive yard create the perfect backdrop for summer gatherings and enjoying Newport's lifestyle. Complete with solar panels and stylish updates, this special home seamlessly blends timeless character with modern convenience in a lovely, quiet neighborhood.

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Open House

5/29/2026 4:00 PM - 6:00 PM
5/30/2026 11:00 AM - 1:00 PM
7 Florence Avenue Newport, RI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 1,997,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 9,425

Style

Lot Size

0.19

Year Built

1945

Town/City

Newport

County/Region

Newport

MLS | Web ID

1413358

Features
General
Sewer Public Sewer
Heating Baseboard Hot Water Oil
Cooling Ductless
Possession Negotiable
Zoning R10A
Garage Spaces 1
Patio/Porch Features Patio Porch
Construction Materials Drywall Shingle Siding
Year Built 1945
Electric 200+ Amp Service
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Walk to Water
Community Features Golf Marina Near Hospital Near Schools Pool Recreation Area Restaurant Shopping Tennis Court(s)
County Newport
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name Ruggles
Garage Y/N true
Other Structures Outbuilding
Total Rooms 9
Full Baths 4
Status Active
City Newport
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 8276
Land Lease Y/N false
Tax Annual Amount 9425
Virtual Tour https://tour.RiLiving.com/7-Florence-Avenue-Newport-RI-02840
Standard Status Active
Tax Assessed Value 1312700
Tax Lot 342
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Attic Interior Steps Permanent Attic Stairs Storage Skylights Stall Shower Tub Shower Jetted Tub
Basement Interior Entry Partial Partially Finished
Flooring Carpet Ceramic Tile Hardwood
Total Fireplaces 2
Fireplace Features Masonry
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N true
Half Baths 0
Total Bedrooms 5
Below Grade Finished Area 433
Total Baths 4
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Exterior
Exterior Amenities Porch Patio
Parking Features Detached Garage
Water Source Connected
Total Parking 4
Inclusions Closing to occur after August 15th 2026. Home is equipped with audio/video surveillance.
Lot Size Area 8276
Foundation Details Concrete Perimeter
Spa true
Building Area Total 3288
Lot Size Acres 0.19
Covered Spaces 1
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* Excluded Features
List By
Mott & Chace Sotheby's Intl.

Broker

kelly.holmes@mottandchace.com

Email

Affordability Calculator

$13,081
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,296
Monthly Property Taxes
$785
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
5/25/2026$1,997,000 Listed Price

Map


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7 Florence Avenue, Newport, RI, 02840 is a Single Family Home for sale at $1,997,000 with 3,288 sqft and a lot size of 0.19. 7 Florence Avenue has 5 bedrooms, 4.0 baths, and was built in 1945. The property's zip code is 02840 which is in Newport, RI