28 Weaver Ave Newport, RI 02840
Memorial Boulevard NeighborhoodEstimated payment $17,878/month
Highlights
- Colonial Architecture
- Furnished
- Ductless Heating Or Cooling System
- Wood Flooring
- Walking Distance to Water
- 2-minute walk to Freebody Park
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,869
Year Built
- Built in 1863
Lot Details
- 5,227 Sq Ft Lot
- Fenced
- Paved or Partially Paved Lot
- Sprinkler System
- Property is zoned R10
Home Design
- Colonial Architecture
- Combination Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 3-Story Property
- Furnished
- Fireplace Features Masonry
- Security System Owned
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 7 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Underground Utilities
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 143
- Assessor Parcel Number 28WEAVERAVNEWP
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $18,869 | $1,752,000 | $433,300 | $1,318,700 |
| 2024 | $18,326 | $1,752,000 | $433,300 | $1,318,700 |
| 2023 | $12,400 | $833,300 | $283,200 | $550,100 |
| 2022 | $11,946 | $829,000 | $283,200 | $545,800 |
| 2021 | $9,933 | $710,000 | $283,200 | $426,800 |
| 2020 | $11,053 | $716,800 | $272,200 | $444,600 |
| 2019 | $11,053 | $716,800 | $272,200 | $444,600 |
| 2018 | $10,738 | $716,800 | $272,200 | $444,600 |
| 2017 | $8,553 | $550,000 | $162,300 | $387,700 |
| 2016 | $8,338 | $550,000 | $162,300 | $387,700 |
| 2015 | $7,936 | $536,600 | $162,300 | $374,300 |
| 2014 | $7,327 | $438,200 | $138,000 | $300,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $3,100,000 | +69.9% | $582 / Sq Ft | |
| 01/28/2022 01/28/22 | Sold | $1,825,000 | -23.8% | $527 / Sq Ft | View Prior Sale |
| 12/29/2021 12/29/21 | Pending | -- | -- | -- | |
| 04/21/2021 04/21/21 | For Sale | $2,395,000 | -- | $691 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1406495
APN: NEWP-000034-000000-000143
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Ask me questions while you tour the home.