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261 Gibbs Ave, Newport, RI – $949,000

  • 4 Beds
  • 4 Baths
  • 4,586 Sqft
  • .31 Acres
  • 4 Beds
  • 4 Baths
  • 4,586 Sqft
  • .31 Acres

261 Gibbs Ave

This house is selling for only $206/sqft, an amazing deal for this prestigious neighborhood. Freshly painted, you could move in as is, with some finishing work to be done. Otherwise the option is to renovate the kitchen and baths, and make this house shine again. At almost $200/sqft, you have plenty of options. Remember, this doesn't even take into account that this property has one of the biggest carriage houses in the area! Its that simple. Do the math, one of the best investments/home values you will find in Newport. This 4500 + square foot house located in the charming Gibbs Ave area, is ready for your vision and attention. Currently a single family, this classic property awaits your renovation and design ideas. Consisting of 4-5 bedrooms bedrooms, and 3.5 bathrooms, this house has tons of living space. A finished attic adds to the spacious living area, and includes one of the full bathrooms, and could offer that extra bedroom if needed. Much of the house has it's original charm. A large Carriage house offers plenty of storage, along with potential apartment options.

Essential Information

  • MLS® #1238633
  • Price$949,000
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage4,586
  • Acres0.31
  • Year Built1870
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleHistoric/Antique
  • StatusActive Under Contract
  • HOA Dues0.00

Community Information

  • Address261 Gibbs Ave
  • CityNewport
  • CountyNewport
  • StateRI
  • Zip Code02840


  • UtilitiesWater Connected
  • Parking Spaces3
  • ParkingNone
  • GaragesNone


  • InteriorHardwood
  • Interior FeaturesAttic
  • AppliancesElectric Water Heater
  • HeatingHot Water, Oil
  • CoolingNone
  • FireplaceYes
  • # of Fireplaces4
  • # of Stories3
  • Stories3


  • ExteriorClapboard
  • ConstructionClapboard
  • FoundationStone

Additional Information

  • Date ListedOctober 10th, 2019
  • Days on Market181

Listing Details

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Information is deemed reliable but is not guaranteed. © 2020 State-Wide Multiple Listing Service. All rights reserved.

Listing information last updated on June 5th, 2020 at 8:31am EDT.