Single Family Residence at 16 Sherman Street, Newport
Single Family Residence at 16 Sherman Street, Newport, photo 2 of 23
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23 photos

$2,498,888

16 Sherman Street
Newport, RI 02840
Listed by Jennifer Boarder
Bedrooms
6
Bathrooms
3
Living area
3,600 sqft
Year built
1854

About this home

Newly offered at $2,498,888. There are houses to be admired, and houses made for living. 16 Sherman Street is decidedly both. This handsome 1856 Italianate in Newport’s Historic Hill offers approximately 3,600 square feet, six bedrooms, three full baths and gracious spaces made for gathering. For years, its rooms have welcomed holiday dinners, summer cocktails, family celebrations and weekends filled with friends. Brick patios and mature landscaping create a private garden for long lunches and summer evenings, while the third-floor balcony offers western views toward the Pell Bridge. The legal two-residence configuration provides exceptional flexibility: enjoy the property as a substantial single-family home with private quarters for family and out-of-town guests, or use the separate residence for potential rental income. Everyone can come, everyone can stay, and still have a little space of their own. Recent improvements include a new roof, updated electrical systems, engineered foundation reinforcement and extensive landscaping. Two off-street parking spaces and EV charging add convenience. From this in-town location, Bellevue Avenue, the harbor, Thames Street, restaurants and shops are within easy reach. A house with history, its real story is the life that happens here, summer evenings in the garden, holiday tables surrounded by family, friends from afar in their own private space, and Newport just beyond the front door. Offers to be submitted by Tuesday 9/22 at 5 PM.

Highlights

Fireplace

Property details

MLS #
1424259
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
1
On market date
September 23, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
N/A
Parking spaces
2
Lot size
0.1 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claiborne Pell Elementary
1.27 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Frank E. Thompson Middle
0.1 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
565
Student:teacher ratio
9.7:1
District
Newport
High
Rogers High School
1.61 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
639
Student:teacher ratio
11.4:1
District
Newport

Walkability

Blended score for Newport's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores9
Parks20
Schools11
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Newport, from live MLS data.

On the market 1 days -- 78 fewer days than Newport's current average of 79 days.
For reference, the median list price across 717 active listings in Newport right now is $5,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,199/mo
$499,778 down
$1,999,110 loan
Principal & interest$12,966
Property tax (est.)$2,082
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 23 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.