28 Weaver Avenue, Newport, RI 02840
Local realty services provided by:ERA Empire Real Estate
Listed by: gaye barnett
Office: coldwell banker realty
MLS#:1406495
Source:RI_STATEWIDE
Price summary
- Price:$2,900,000
- Price per sq. ft.:$543.99
About this home
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....
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Home facts
- Year built:1863
- Listing ID #:1406495
- Added:146 day(s) ago
- Updated:August 08, 2026 at 02:01 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:9
- Full bathrooms:8
- Half bathrooms:1
- Rooms Total:11
- Flooring:Ceramic Tile, Hardwood
- Kitchen Description:Dishwasher, Exhaust Fan, Microwave, Oven, Range, Range Hood, Refrigerator
- Basement:Yes
- Basement Description:Exterior Entry, Full, Interior Entry, Unfinished
- Living area:5,331 sq. ft.
Heating and cooling
- Cooling:Ductless
- Heating:Baseboard, Gas
Structure and exterior
- Year built:1863
- Building area:5,331 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Paved, Sprinkler System
- Architectural Style:Colonial
- Construction Materials:Plaster, Vinyl Siding
- Exterior Features:Paved Driveway, Sprinkler Irrigation
- Foundation Description:Combination
- Levels:3 Story
Utilities
- Water:Public, Underground Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$543.99
- Tax amount:$18,869 (2025)
Features and amenities
- Appliances:Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Furnished, Gas Water Heater, Security System Owned
Parking
- Total parking spaces:7
- Parking description:No Garage, Paved Driveway
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