Melissa A Bills
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Single Family Residence at 49 1/2 Third Street, Newport
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49 photos

$2,875,000

49 1/2 Third Street
Newport, RI 02840
Listed by Michelle Kirby
Bedrooms
3
Bathrooms
3.1
Living area
2,347 sqft
Year built
2025

About this home

Located in Newport’s Historic Point neighborhood, this newly built Mansard-roofed cottage blends European elegance with coastal New England charm. Crafted by master carpenters, exceptional design has natural light throughout kitchen, dining, & living area. Exterior elements include slate & metal roof with copper downspouts and outdoor shower. The chef’s kitchen features Jadore Quartzite counters, custom floor-to-ceiling rustic alder caramel wood cabinetry, Italian Bertazzoni appliances, and wet bar with beverage fridge and wine storage. A Travertine fireplace with handmade ceramic tile connects the kitchen and living area. The custom dining banquette offers padded fabric seating and Sapele wood trim. A powder room completes the main level. Upstairs, three ensuite bedrooms are finished with hand-made Zellige Zia and Otto tile, Calcutta Violetta marble & brass fixtures. A sunlit bridge links the office/library to the primary suite with a cathedral ceiling, custom king-size Sapelle trimmed bed, and three closets. The primary bath has a skylit shower, double vanity with Bianco Luna quartz top, Concretti sinks, and built-in medicine cabinets. The partially finished lower level offers 8-ft ceilings and natural light, ideal for a gym or secondary living area. A laundry room includes a sink and washer/dryer hookups. Enjoy all Newport has to offer within walking distance to harbor and downtown restaurants, shops, museums and movie theater.

Highlights

Fireplace

Property details

MLS #
1419812
Property type
Single Family Residence
Subdivision
Historic Point/Newport Harbor
Status
Active
Days on market
10
On market date
August 5, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
2
Parking spaces
4
Lot size
0.101 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Claiborne Pell Elementary
1.14 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
0.47 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
Newport Area Career Tech Ctr
1.87 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
District
Newport

Mortgage calculator

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Est. monthly payment
$17,464/mo
$575,000 down
$2,300,000 loan
Principal & interest$14,918
Property tax (est.)$2,396
Home insurance (est.)$150

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Listed by Michelle Kirby

Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 12 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.