$2,600,000
SOLD APR 14, 2025
4 Beds
5 Baths
4,048 Sq Ft
0.5 Acres

Recently Sold

$642 Per Sq Ft

13% Below List Price

38 Days on Market

Highlights

  • Marina
  • Deck
  • 2 Fireplaces
  • Golf Course Community
  • Wood Flooring
  • Game Room

About This Home

As of April 2025

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!

Last Agent to Sell the Property

Dina Karousos

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 Listed on: 01/27/2025

Gustave White Sotheby's Realty

Co-Listed By

Daniel Cordeiro

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0048435

Gustave White Sotheby's Realty

Last Buyer's Agent

Daniel Cordeiro

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0048435

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,008

Year Built

  • Built in 1981

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R20

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Marble Fireplace
  • Thermal Windows
  • Living Room
  • Home Office
  • Game Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 062/01/02
  • Assessor Parcel Number 162RHODEISLANDAVNEWP

Community Details

Overview

  • Kay Catherine 1St Beach Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,008

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Inclusions: Assessment is based on Structure only as property is a legal condominium currently owned by one single owner. Taxes based on primary residence tax rate.
  • Subdivision Name: Kay Catherine - 1st Beach
  • Above Grade Finished Sq Ft: 3548.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1981
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-849-3000
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 500.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Skylights, Stall Shower, Tub Shower, Cable TV
  • Living Area: 4048.0
  • Dining Room Type: Game Room, Gym, Living Room, Office, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service, 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 162RHODEISLANDAVNEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9008.0
  • Tax Lot: 062/01/02
  • Tax Map Number: 30
  • Tax Year: 2024

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Stand Alone Refi Refinance Of Original Loan
Closed $150,000 No Value Available
Closed $50,000 No Value Available
Closed $101,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $2,600,000 -13.2% $642 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $2,995,000 +379.2% $740 / Sq Ft
10/05/2020 10/05/20 Sold $625,000 -3.7% $307 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $649,000 -- $318 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1376883

State-Wide MLS

APN: NEWP M:030 B:0062 L:CM