This house is selling for only $206/sqft, an amazing deal for this prestigious neighborhood. Freshly painted, you could move in as is, with some finishing work to be done. Otherwise the option is to renovate the kitchen and baths, and make this house shine again. At almost $200/sqft, you have plenty of options. Remember, this doesn't even take into account that this property has one of the biggest carriage houses in the area! Its that simple. Do the math, one of the best investments/home values you will find in Newport. This 4500 + square foot house located in the charming Gibbs Ave area, is ready for your vision and attention. Currently a single family, this classic property awaits your renovation and design ideas. Consisting of 4-5 bedrooms bedrooms, and 3.5 bathrooms, this house has tons of living space. A finished attic adds to the spacious living area, and includes one of the full bathrooms, and could offer that extra bedroom if needed. Much of the house has it's original charm. A large Carriage house offers plenty of storage, along with potential apartment options.
Off market
Zestimate®
$2,229,100
261 Gibbs Ave, Newport, RI 02840
4beds
4,586sqft
SingleFamily
Built in 1870
0.31 Acres Lot
$2,229,100 Zestimate®
$486/sqft
$6,480 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Other, Electric, Oil
Cooling
- None
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,586 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 0.31 Acres
Details
- Parcel number: NEWPM023B0014
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Other
Condition
- Year built: 1870
Utilities & green energy
- Electric: 220 Volts
- Sewer: Unknown
Community & neighborhood
Location
- Region: Newport
Other
Other facts
- BasementType: Full
- FinishedFloor: Hardwood
- Fireplace: Brick, Wood Frame
- HeatingFuel: Oil
- Plumbing: Mixed
- PropertyType: Single Family
- SubsidizedHousing: 0
- UnderConstruction: 0
- BasementAccess: Interior Only
- ApxHeatCost: Undetermined
- BasementFinish: Unfinished
- Electric: 220 Volts
- Insulation: Unknown
- Historic: Unknown
- Exterior: Clapboard
- HotWater: Electric
- FoundationType: Stone
- Sewer: Unknown
- Type: Historic
- HeatingSystem: Forced Water
- Interior: Attic, Stairs
- WaterSupply: Individual Meter
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,229,100
2% more+$44,582
With Zillow Showcase(estimated)$2,273,682