
162 Rhode Island Ave Newport, RI 02840
Old Beach NeighborhoodHighlights
- Marina
- Deck
- 2 Fireplaces
- Golf Course Community
- Wood Flooring
- Game Room
About This Home
As of April 2025Private 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
Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 Listed on: 01/27/2025

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

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

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
Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Tax History Compared to Growth
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 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Dina Karousos
Gustave White Sotheby's Realty
(401) 849-3000
3 in this area
219 Total Sales
-
D
Seller Co-Listing Agent in 2025
Daniel Cordeiro
Gustave White Sotheby's Realty
(917) 748-8791
1 in this area
9 Total Sales
-
H
Seller's Agent in 2020
Herve Barbera
Beycome Brokerage Realty
Map
Source: State-Wide MLS
MLS Number: 1376883

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