Price Reduction
Address
45 Third Street, Newport, RI
Price
$ 2,650,000
Property Attributes
  • MLS#1354589
  • TypeSingle Family
  • CountyNEWPORT
  • CityNewport
  • NeighborhoodThe Point
  • Zip02840
  • StyleColonial
  • Year Built1855
  • Taxes$ 9116
  • Price$ 2,650,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3379
  • Lot Size5,123 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Experience the timeless character of Walnut Point, a classic Greek Revival with charm and sophistication. With over 3,000 square feet of living space spread across 5 bedrooms, 3 baths, and a four-season garden studio, this home offers classic elegance and modern comfort. The lush secret garden is recognized by the Smithsonian as a notable Small Garden of America. Truly outdoor living space crafted for entertaining or a private retreat with a wisteria-covered pergola, bubbling fountains, a koi pond and walking paths to reading nooks. Expansive covered front porch sits above well-appointed stone walls and gardens. High ceilings, four gas fireplaces, multiple living areas, including a fully remodeled kitchen and wet bar are perfect for family gatherings and entertaining. The complete package of a finished home includes a garage space and multiple parking spots. Situated just a short jaunt from town and waterfront parks with boat and kayak launching ramps at the bottom of your street, you can easily live the Newport lifestyle but still enjoy the peace and quiet The Point offers. This home blending history, luxury and lifestyle can be yours to enjoy this summer.

Price History
3/21/2024 Listed $2,750,000
4/22/2024 4% - $2,650,000

General Features

Interior Features Attic,Bathtub,CableTV
Sewer Connected,PublicSewer
Heating Baseboard,Electric,ForcedAir,Gas,Zoned
Cooling HeatPump,WallUnits
Utilities SewerConnected
Possession Negotiable
Appliances Dryer,Dishwasher,Disposal,GasWaterHeater,Microwave,Oven,Range,Refrigerator,RangeHood,Washer
Exterior Features PavedDriveway
Zoning R10
Garage Spaces 1.0
Architectural Style Colonial
Construction Materials Drywall,Plaster,Clapboard,ShingleSiding,WoodSiding
Year Built 1855
Electric Item200AmpService,CircuitBreakers
Stories 3
Levels ThreeOrMore
Property SubType SingleFamilyResidence
Tax Year 2023
Waterfront Features WaterAccess,WalktoWater
Community Features HighwayAccess,Marina,NearHospital,PublicTransportation,RecreationArea,Restaurant,Shopping,TennisCourts,Sidewalks
County Newport
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Subdivision Name The Point
Garage Y/N Yes
Other Structures Outbuilding
Total Rooms 12
Status Active
City Newport
Buyer Agent Compensation 2.5% NVS
View Y/N No
Senior Community Y/N No
Lot Size Square Feet 5124.0
Waterfront Y/N No
Carport Y/N No
Street Name Third
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 9116.48
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://unbranded.youriguide.com/45_third_st_newport_ri/
Days on Market 32
Standard Status Active
Tax Assessed Value 1395500
Tax Lot 245
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No

Interior Features

Basement Full,InteriorEntry,Unfinished
Flooring Carpet,CeramicTile,Hardwood,Other
Total Fireplaces 6
Fireplace Features Gas,Masonry
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 3379.0
Full Baths 3
Street Suffix Street
Total Bedrooms 5
Below Grade Finished Area 0.0
Electric On Property Y/N No
LivingAreaSource Other
Total Baths 3

Exterior Features

Fencing Fenced
Parking Features Detached,Garage
Lot Features CornerLot
Water Source Connected,Public
Total Parking 4.0
Lot Size Area 5124.0
Foundation Details Stone
Spa No
Building Area Total 3379.0
Lot Size Acres 0.1176
Lot Size Units SquareFeet
Covered Spaces 1.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02840

Price
AVG $4.39M
$2.65M
Taxes
AVG $21,414
$9,116
Visits
AVG 334
205
Data Provided by Inside Real Estate®
Year Built
AVG 1922
1855

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