Property Description
Rarely does a property offer this combination of lot size, parking, walkability, and future potential in the heart of Newport. Set on an oversized, fully fenced 0.21 acre lot just moments from Easton's Beach, Cliff Walk, Bellevue Avenue, and downtown Newport, 138 Gibbs Avenue presents an exceptional opportunity in one of the city's most sought after neighborhoods. Offering 2,278 square feet of living space, this meticulously maintained home features beautiful hardwood floors, 4 bedrooms, 1.5 bathrooms, and a functional floor plan designed for comfortable everyday living. The expansive backyard provides a private retreat rarely found in Newport, complete with a spacious deck, and stone patio/outdoor fireplace, perfect for entertaining, relaxing, and enjoying Newport's coastal lifestyle. A detached two-car garage and parking for five additional vehicles provide a level of convenience seldom available in this location. While perfectly livable and well cared for as-is, the property also offers exciting opportunities for future enhancement. Buyers may explore additional expansion through remaining lot coverage or the potential for a third-floor dormer addition, allowing the home to evolve alongside their needs (subject to approvals). Whether seeking a year-round residence or seasonal retreat, 138 Gibbs Avenue delivers something increasingly difficult to find in Newport: space to enjoy today and flexibility for tomorrow.
Overview
Open House
Property Type
Residential
Location
138 Gibbs Avenue, Newport, RI 02840
MLS ID
1414298
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
4
Full Bathrooms
1
Half Bathrooms
1
Flooring
Hardwood
Appliances
Electric Water Heater
Other Interior Features
Tub Shower
Exterior
Stories
3
Garage Spaces
2.0
Water Source
Connected
Utilities
Sewer Connected
Parking
Detached, Garage
Heat Type
Baseboard, Gas
Air Conditioning
None
Sewer
Connected
Substructure
Concrete Perimeter
Details
Total Area
2,278 Sq.Ft.
Neighborhood
The Point
Architecture Styles
Colonial
Financial
Price
$1,450,000
Real Estate Tax
$5,988/yr
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