162 Rhode Island Avenue

Newport, RI 02840

$2,995,000
Price
5
Beds
4,048 Sq. Ft.
$740 / Sq. Ft.
4,048
Sq. Ft.
$740
per Sq. Ft.

Description

Private and bucolic, TULIPWOOD is a remarkable 5-bedroom, 4.5-bath INDOOR-OUTDOOR home on a large HALF-ACRE property once part of the original Gibbs Estate in Newport's prized Kay/Catherine neighborhood. This romantic block, once referred to as LOVER'S LANE, is especially scenic, lined with fieldstone walls, specimen trees and storied architecture, and this Top-of-the-Hill location is a quick jaunt to Newport Harbor and a stone's throw to the Atlantic Ocean at Easton's Beach and the Cliff Walk; an...Private and bucolic, TULIPWOOD is a remarkable 5-bedroom, 4.5-bath INDOOR-OUTDOOR home on a large HALF-ACRE property once part of the original Gibbs Estate in Newport's prized Kay/Catherine neighborhood. This romantic block, once referred to as LOVER'S LANE, is especially scenic, lined with fieldstone walls, specimen trees and storied architecture, and this Top-of-the-Hill location is a quick jaunt to Newport Harbor and a stone's throw to the Atlantic Ocean at Easton's Beach and the Cliff Walk; an easy walk to Bellevue Avenue cafes, shops, tennis, and farmer's market. On arrival, the CIRCULAR DRIVEWAY provides a grand sense of arrival to lush grounds with beautiful flowers, mature shrubs and sprawling lawn. This beautifully organized OPEN CONCEPT layout retains several charming interior details, with reclaimed barn BEAMS and marble FIREPLACE mantel. The sunny and airy 1st floor has a wonderful great room with dining area and open kitchen - with French Doors opening out to an INVITING MAHOGANY DECK leading to a most private backyard for entertaining, gardening, and sports. Another wing features a discreet entrance, its own half bath, bedroom, kitchenette and stone patio - a perfect in-law, guest suite, art studio or home office. The second floor has wonderful treetop views in every direction, with four bedrooms, three baths (two are en-suite) and ample closets. The lower level offers a comfortable recreation room or guest suite with its own bath. A true in-town paradise!
  1. Listed by Dina Karousos/Nicole Lucenti Team • Brokerage DRE #REB.0013814 • Gustave White Sotheby's Realty
    P: (401)-451-6461 dkarousos@gustavewhite.com
  2. Listed by Daniel Cordeiro • Gustave White Sotheby's Realty
    P: (917)-748-8791 C: (917)-748-8791 dcordeiro@gustavewhite.com

Property Details for 162 Rhode Island Avenue

Subdivision Name
Kay Catherine - 1st Beach
Architectural Style
Cabin
Waterfront Features
Walk To Water
LISTING UPDATED: 02/12/2025 03:16 PM

Property Details for 162 Rhode Island Avenue

StatusActive
MLS #1376883
Days on Market21
Taxes$9,008 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1981
Lot Size0.50 AC / 21,780 SF
CountyNewport County

Building Information for 162 Rhode Island Avenue

Stories2Year Built1981Building Size-Lot Size0.50 AC / 21,780 SF

Property Information for 162 Rhode Island Avenue

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 3341
  • State Or Province: RI
  • Zoning: R20
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 8
Taxes and HOA Information
  • Tax Annual Amount: $9,008.00
  • Tax Assessed Value: 1291800
  • Tax Lot: 062/01/02
  • Tax Map Number: 30
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Fin SQFT: 3548.0
  • Below Grade Finished Area: 500.0
  • Building Area Total: 4048.0
  • Living Area: 4,048.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.5
  • Lot Size Area: 21780.0
  • Lot Size Square Feet: 21780.0
  • Lot Size Units: Square Feet
  • Parcel Number: 162RHODEISLANDAVNEWP
  • Stories: 2
  • Stories Total: 2
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1981
  • C L I P: 6,994,049,336
Utilities
  • Electric: Amps150, Amps200Or More, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement Y N: Yes
  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Cooling: Heat Pump, One Unit
  • Cooling Y N: Yes
  • Door Features: Storm Doors
  • Fireplace Features: Marble
  • Fireplaces Total: 2
  • Fireplace Y N: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Heating: Baseboard, Electric, Heat Pump, Hot Water, Oil, Zoned
  • Heating Y N: Yes
  • Interior Features: Skylights, Stall Shower, Tub Shower, Cable Tv
  • Levels: Two
  • Patio And Porch Features: Deck, Patio
  • Rooms Total: 11
  • Window Features: Skylights, Thermal Windows
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 162 Rhode Island Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 162 Rhode Island Avenue

Taxable ValueLand-Additions-Total-
Home Facts
Stories2StyleGovernmental / Public UseYear Built1981CountyNEWPORTAPNNEWP M:030 B:0062 L:CM

Schools near 162 Rhode Island Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - 9 to 12
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Pell Elementary School
PublicPK to 4

Newport Area Career Tech Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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162 Rhode Island Avenue is a single family home for sale in Newport, RI 02840. This property was listed for sale on January 27, 2025 by Gustave White Sotheby's Realty, it's currently listed at $2,995,000. It has been on the market for a total of 21 days and was last sold on October 5, 2020. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Pell Elementary School. 162 Rhode Island Avenue is a 5-bed, 5-bath, 4,048 sqft single family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Gustave White Sotheby's Realty

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.