Price Reduced ListingPicture-perfect Point cottage! Offered for the first time in 20 years, 72 Third Street is a charming turn-of-the-century home just two blocks from the water in one of Newport's most beloved neighborhoods. Updated, bright and incredibly functional, the home offers great natural light, central air, two gas fireplaces and a flexible layout with one bedroom and full bath on the main level and two bedrooms upstairs. The fully finished basement, complete with a full bathroom and bulkhead access, adds valuable additional living space. Outside, enjoy a private patio, mature landscaping, gas lantern, beautiful stonework and the rare convenience of off-street parking for two cars. No flood insurance is currently required. Quiet neighborhood setting yet close to downtown, the harbor and easy access on and off the Newport Pell Bridge. With its versatile layout and location, the property also offers excellent rental potential. A classic Newport cottage combining historic charm, modern comfort and everyday practicality.
| MLS # | 1422332 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 35 |
| Listing Provided By | Edge Realty Ri | Alexander Fraioli |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,743 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R10 |
| Acreage | 0.07 |
| Golf Course | Yes |
| Rooms Total | 9 |
|---|---|
| Heating | Natural Gas, Gas Connected |
| Heating Yes / No | Yes |
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Appliances | Gas Water Heater |
| Interior Features | Wall (Dry Wall), Plumbing (Mixed) |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 2 |
| Fireplace Features | Gas Insert |
| Foundation Details | Concrete Perimeter, Mixed, Stone, Unknown |
|---|---|
| Lot Features | Local Historic District |
| Community Features | Golf, Hospital, Marina, Private School |
| Construction Materials | Dry Wall, Clapboard |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | No Garage |
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Electric | 150 Amp Service, 200+ Amp Service |
| Community Features | Golf, Hospital, Marina, Private School |
|---|
| Tax Annual Amount | 6896 |
|---|---|
| Tax Assessed Value | 960500 |
| Tax Lot | 195 |
| Tax Year | 2025 |
| State | RI |
|---|---|
| County | Newport |
| City | Newport |
| Zip Code | 02840 |
| Area | Newport |
| Community Name | The Point |
| Listing VS Median (in The Point) | |
Price: $1,429,000 low | high Med: $6,750 sqft: 1,743 low | high Med: 1,118 $ / sqft: $820 low | high Med: $6 On site: 35 low | high Med: 171 | |
| State | RI |
|---|---|
| County | Newport |
| City | Newport |
| Zip Code | 02840 |
| Area | Newport |
| Community Name | The Point |
| Listing VS Median (in The Point) | |
Price: $1,429,000 low | high Med: $6,750 sqft: 1,743 low | high Med: 1,118 $ / sqft: $820 low | high Med: $6 On site: 35 low | high Med: 171 | |
![]() | $1,150,000126 Second StreetNewport, RI 02840 |