PRIME NEWPORT OASIS. Hidden in plain sight, this 31,000+ square foot property is one of the largest residential parcels in the desirable Kay/Catherine neighborhood, right off Bellevue Avenue, and a stone's throw to the Cliff Walk, Tennis Hall of Fame, Redwood Library and Newport Harbor. The property consists of 2 buildings - 40 Catherine, a 3-bedroom/2-bath house, and 42 Catherine, a charming 2-story converted barn with 2 one-bedroom apartments. 40 Catherine features a grand living room - once the office of architect George Champlin Mason – with wood-burning fireplace and tall Palladian arched windows. A great outdoor deck and wonderful yard offer seamless indoor-outdoor living with room for entertaining al fresco. A private bedroom suite is on its own floor upstairs, while the main floor includes a large open kitchen/dining, separate dining/study, bathroom and the second and third bedrooms. A first floor garage offers an additional 1500+ sf of storage space or potential additional living area. 42 Catherine offers all the charm of an historic barn conversion with potential for family compound, rental income and/or guest accommodation. The first floor is just one step up, spanning over 1300 sf, with a huge great room, Dutch door, charming patio, wood-burning fireplace, open kitchen, laundry, bathroom, and first floor bedroom. The second floor is an additional one-bedroom apartment, rented to a long-term tenant. Sublime!
Pending
$2,150,000
40-42 Catherine St, Newport, RI 02840
5beds
4,140sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$519/sqft
$-- HOA
What's special
- 78 days
- on Zillow |
- 50 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 13, 2025 at 10:45am
Listed by:
Daniel Cordeiro 401-849-3000,
Gustave White Sotheby's Realty
Source: StateWide MLS RI,MLS#: 1377626

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 6,556
- Total interior livable area: 4,140 sqft
Video & virtual tour
Property
Parking
- Total spaces: 7
- Parking features: Integral
- Attached garage spaces: 2
Lot
- Size: 0.72 Acres
- Features: Local Historic District
Details
- Parcel number: NEWPM022B0044
- Zoning: R20
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: Individual Meter
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Kay - Catherine
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $519/sqft
- Tax assessed value: $1,809,100
- Annual tax amount: $14,872
- Date on market: 2/6/2025
- Total actual rent: 1275
- Tenant pays: Heat
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