INNOVATE Real Estate
Single Family Residence at 5 Ellwood Place, Newport
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$799,000

5 Ellwood Place
Newport, RI 02840
Listed by Amy Hoag
Bedrooms
5
Bathrooms
2
Living area
2,335 sqft
Year built
1900

About this home

Motivated Seller!!! A true diamond in the rough, this classic Newport Dutch Colonial is full of character, charm, and endless potential. Tucked away on a quiet dead-end street within walking distance of everything Newport has to offer, this home features timeless architectural details, including hardwood floors, a slate roof, original moldings, stained glass, and built-in cabinets. Whether you choose to modernize the home or restore it to its original grandeur, the possibilities are endless. Offering five spacious bedrooms, two full baths, generously sized living areas, and a finished basement, this home provides ample space for a growing family or those seeking room to spread out. Recent updates include a new heating system, hot water heater, and upgraded electrical panel, providing a solid foundation for future improvements. Complete with off-street parking and a private backyard, this property is ready for its next chapter. Sold in as-is condition.

Property details

MLS #
1418595
Property type
Single Family Residence
Subdivision
Broadway/Kay/Friendship/Hospital
Status
Active
Days on market
53
On market date
July 22, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
2
Lot size
0.074 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Claiborne Pell Elementary
0.7 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
0.51 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
Middletown High School
1.68 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
620
Student:teacher ratio
11.9:1
District
Middletown

Walkability

Blended score for Newport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks20
Schools10
Transit stops20
Pharmacies4

Market position

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

On the market 53 days -- 25 fewer days than Newport's current average of 78 days.
For reference, the median list price across 763 active listings in Newport right now is $5,000.

Mortgage calculator

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Est. monthly payment
$4,962/mo
$159,800 down
$639,200 loan
Principal & interest$4,146
Property tax (est.)$666
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 25 days 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.