28 Weaver Avenue
Newport, RI, 02840 $ 3,100,000
Bedrooms7 Baths8.1 Sq 5,331 Monthly Estimate*
$ 19,087
for $3,100,000 with 7 bedrooms and 8 full baths, 1 half bath. This 5,331 square foot home was built in 1863 on a lot size of 0.12.
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.
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FeaturesGeneralSewer Public Sewer
Heating Baseboard Ductless Gas
Cooling Ductless
Utilities Underground Utilities
Possession Negotiable
Zoning R10
Garage Spaces 0
Security Features Security System Owned
Construction Materials Plaster Vinyl Siding
Year Built 1863
Electric 200+ Amp Service
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Walk to Water
County Newport
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 11
Full Baths 8
Status Active
City Newport
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 5227
Land Lease Y/N false
Tax Annual Amount 18869
Virtual Tour https://tour.RiLiving.com/28-Weaver-Avenue-Newport-RI-02840
Standard Status Active
Tax Assessed Value 1752000
Tax Lot 143
Property Sub Type Additional Single Family Residence
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InteriorInterior Amenities Interior Steps Stall Shower Furnished
Basement Exterior Entry Full Interior Entry Unfinished
Flooring Ceramic Tile Hardwood
Furnished Y/N Furnished
Total Fireplaces 1
Fireplace Features Masonry
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 7
Below Grade Finished Area 250
Total Baths 9
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ExteriorExterior Amenities Sprinkler/Irrigation Paved Driveway
Fencing Fenced
Parking Features No Garage
Lot Features Paved Sprinkler System
Water Source Public
Total Parking 7
Lot Size Area 5227
Foundation Details Combination
Building Area Total 5331
Lot Size Acres 0.12
Covered Spaces 0
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
gaye.barnett@cbmoves.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $19,087
- Monthly Property Taxes
- $1,572
- 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 $2,416,680
Percent of Sale Price 22%
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 |
|---|
| 3/19/2026 | $3,100,000 | | Listed Price |