Recently Listed Open House 6/13 12pm - 1:30pm
138 Gibbs Avenue
Newport, RI, 02840 $ 1,450,000
Bedrooms4 Baths1.1 Sq 2,278 Monthly Estimate*
$ 8,928
for $1,450,000 with 4 bedrooms and 1 full bath, 1 half bath. This 2,278 square foot home was built in 1920 on a lot size of 0.211.
Rarely does a property offer this combination of lot size, parking, walkability, and future potential in the heart of Newport. Set on an oversized, fully fenced 0.21 acre lot just moments from Easton's Beach, Cliff Walk, Bellevue Avenue, and downtown Newport, 138 Gibbs Avenue presents an exceptional opportunity in one of the city's most sought after neighborhoods. Offering 2,278 square feet of living space, this meticulously maintained home features beautiful hardwood floors, 4 bedrooms, 1.5 bathrooms, and a functional floor plan designed for comfortable everyday living. The expansive backyard provides a private retreat rarely found in Newport, complete with a spacious deck, and stone patio/outdoor fireplace, perfect for entertaining, relaxing, and enjoying Newport's coastal lifestyle. A detached two-car garage and parking for five additional vehicles provide a level of convenience seldom available in this location. While perfectly livable and well cared for as-is, the property also offers exciting opportunities for future enhancement. Buyers may explore additional expansion through remaining lot coverage or the potential for a third-floor dormer addition, allowing the home to evolve alongside their needs (subject to approvals). Whether seeking a year-round residence or seasonal retreat, 138 Gibbs Avenue delivers something increasingly difficult to find in Newport: space to enjoy today and flexibility for tomorrow.
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Open House
6/13/2026 12:00 PM - 1:30 PM
138 Gibbs 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
FeaturesGeneralSewer Connected
Heating Baseboard Gas
Cooling None
Utilities Sewer Connected
Possession Immediately
Garage Spaces 2
Construction Materials Drywall Vinyl Siding
Year Built 1920
Electric 100 Amp Service
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2026
County Newport
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name Kay/Catherine
Garage Y/N true
Total Rooms 11
Full Baths 1
Status Active
City Newport
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 9191
Land Lease Y/N false
Tax Annual Amount 5988
Virtual Tour https://tour.RiLiving.com/138-Gibbs-Avenue-Newport-RI-02840
Standard Status Active
Tax Assessed Value 831400
Tax Lot 347
Property Sub Type Additional Single Family Residence
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InteriorInterior Amenities Tub Shower
Basement Full Interior Entry Unfinished
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Insert
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
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ExteriorParking Features Detached Garage
Water Source Connected
Total Parking 7
Lot Size Area 9191
Foundation Details Concrete Perimeter
Building Area Total 2278
Lot Size Acres 0.211
Covered Spaces 2
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* Excluded FeaturesList BySerhant New EnglandBroker
benwillett@serhant.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,928
- Monthly Property Taxes
- $499
- 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.
Learn more about how to save NearbySingle family listings in Newport, RI
Average List Price $2,054,998
Percent of Sale Price 42%
About Newport, RI 25,085 Population
-5% Since 2002
$ 63,135 Median Income
37.91 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/3/2026 | $1,450,000 | | Listed Price |