Price Reduced Listing
$1,429,000
 $7,671 est/mo Sourced by Back At You

72 Third Street,Newport, RI 02840

Newport, RI 02840

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Description

Picture-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.

Details

MLS #1422332
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1890
Days On Site35
Listing Provided ByEdge Realty Ri | Alexander Fraioli

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,743
BasementY
Story(s)2
ZoningR10
Acreage0.07
Golf CourseYes

Interior

Rooms Total9
HeatingNatural Gas, Gas Connected
Heating Yes / NoYes
CoolingCentral Air
Cooling Yes / NoYes
AppliancesGas Water Heater
Interior FeaturesWall (Dry Wall), Plumbing (Mixed)
Fireplace Yes / NoYes
Fireplaces Total2
Fireplace FeaturesGas Insert

Exterior

Foundation DetailsConcrete Perimeter, Mixed, Stone, Unknown
Lot FeaturesLocal Historic District
Community FeaturesGolf, Hospital, Marina, Private School
Construction MaterialsDry Wall, Clapboard

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

UtilitiesSewer Connected, Water Connected
Electric150 Amp Service, 200+ Amp Service

Location

Community FeaturesGolf, Hospital, Marina, Private School

Taxes

Tax Annual Amount6896
Tax Assessed Value960500
Tax Lot195
Tax Year2025

Area Information

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameThe Point
Listing VS Median (in The Point)
Price:
$1,429,000
low | high
Med:
$6,750
100% of Average
sqft:
1,743
low | high
Med:
1,118
85.857716580608% of Average
$ / sqft:
$820
low | high
Med:
$6
100% of Average
On site:
35
low | high
Med:
171
20.46783625731% of Average
Sourced by Back At You

Market Activity 02840

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Learn More About This Property

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameThe Point
Listing VS Median (in The Point)
Price:
$1,429,000
low | high
Med:
$6,750
100% of Average
sqft:
1,743
low | high
Med:
1,118
85.857716580608% of Average
$ / sqft:
$820
low | high
Med:
$6
100% of Average
On site:
35
low | high
Med:
171
20.46783625731% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.71M - $1.786M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
126 Second Street Property Photo 1
$1,150,000
126 Second Street
Newport, RI 02840
Listing Updated: October 7, 2026 at 11:40:44 PM PDT