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Listed price in listed location currency (USD).
$3,100,000

797

MLS® 1406495

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 5331 sqft
Garage No
Taxes $18,869
Days Active 0
Lot Size 0.12 acres
Approx. Age 1863
Avg. Price Per Sqft $581
MLS® Number 1406495

Property Address: 28 Weaver Ave, Newport, RI, 02840-3544

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1406495
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1863
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$3,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
28 Weaver Ave, Newport, RI

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