479 Park Avenue
Portsmouth, RI, 02871 $ 449,000
Bedrooms3 Baths1.0 Sq 1,281 Monthly Estimate*
$ 2,835
for $449,000 with 3 bedrooms and 1 full bath. This 1,281 square foot home was built in 1941 on a lot size of 0.09.
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.
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FeaturesGeneralSewer Connected
Heating Baseboard Oil
Cooling None
Utilities SewerConnected
Possession CloseThrough45Days
Zoning R10
Garage Spaces 0
Construction Materials Drywall ShingleSiding
Year Built 1941
Electric Amps200OrMore
View Saltwater Water
Stories Count 2
Levels Two
Property Subtype SingleFamilyResidence
Tax Year 2025
Community Features Marina Pool Restaurant Shopping
County Newport
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 7
Full Baths 1
Status Active
City Portsmouth
Disclosures OwnerHasFloodInsurance
Senior Community Y/N false
Lot Size Units SquareFeet
Lot Size Square Feet 3920
Land Lease Y/N false
Tax Annual Amount 3030
Virtual Tour https://media.zillowmediaexperts.com/videos/019f02b0-d1bd-734a-b62c-8b29b5585e98
Standard Status Active
Tax Assessed Value 228200
Tax Lot 177
Property Sub Type Additional SingleFamilyResidence
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InteriorInterior Amenities TubShower
Basement Full Unfinished
Flooring Laminate
Total Fireplaces 0
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 1
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ExteriorFencing Fenced
Parking Features NoGarage
Water Source Connected Public
Total Parking 4
Inclusions Home is being sold As Is. The deed will be a trustee’s deed
Lot Size Area 3920
Foundation Details Block ConcretePerimeter
Building Area Total 1281
Lot Size Acres 0.09
Frontage Length 85
Covered Spaces 0
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* Excluded FeaturesList ByParamount Properties GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,835
- Monthly Property Taxes
- $253
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Portsmouth, RI
Average List Price $1,300,806
Percent of Sale Price 190%
About Portsmouth, RI 17,895 Population
4% Since 2002
$ 86,767 Median Income
47.42 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/1/2026 | $449,000 | | Listed Price |