28 Weaver Ave, Newport, RI, 02840
About This Home
Welcome to an exceptional Newport investment opportunity. This beautifully updated property features 12+ rooms, including 6 bedrooms and 8.5 baths, and holds the valuable City of Newport Transient Guest Facility Certificate. Each guest room includes its own private full bath, offering an ideal setup for high-quality guest stays. Recent upgrades include a full fire sprinkler and alarm system, new water/sewer and dedicated sprinkler lines, updated HVAC/mini-splits, new roof and decks, interior painting, many replaced windows, new flooring, and more—truly a turnkey offering. Located in a prime walkable area, guests enjoy easy access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, historic mansions, and top attractions. The property has a strong history of unique bookings, including movie crews, wedding parties, family reunions, tennis enthusiasts, and NYC getaway groups. With 7 off-street parking spaces, the possibilities for continued revenue growth are endless. Newport attracts over 3.5 million visitors annually and is one of the East Coast’s top wedding destinations. Its proximity to NYC, Boston, and Providence Airport ensures convenient year-round travel. With its active Newport license, this property can welcome daily guests throughout the year. Detailed financials available upon request. Showings coordinated with the listing agent.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1863
Materials
- Foundation: Mixed
- Construction materials: Plaster,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Dishwasher,Dryer,Exhaust Fan,Range Hood,Microwave,Oven/Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Interior and Exterior,Unfinished
Bathroom
- Level: First
Bathroom
- Level: Third
Bathroom
- Level: Third
Bathroom
- Level: First
Bathroom
- Level: Second
Bathroom
- Level: Third
Bathroom
- Level: Second
Bathroom
- Level: Second
Bedroom6
- Level: Third
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Family Room
- Level: Third
Features
- Wall (Plaster),Stairs,Insulation (Unknown),Ceiling Fan(s)
- Flooring: Ceramic Tile,Hardwood
- Number of fireplaces: 1
- Fireplace features: Brick
- Fireplace: Yes
- Finished area below ground: 250
- Finished area above ground: 5,081
Great Room
- Level: First
Heating
- Heating features: Natural Gas,Baseboard
Interior Area
- Total structure area: 5,081
- Total interior livable area: 5,331 sqft
Kitchen
- Level: First
Laundry
- Level: First
Library
- Level: First
Master Bedroom
- Level: First
Office
- Level: First
Other
- Level: Second
Other
- Level: Third
Other
- Level: Second
Other
- Level: Second
Sun Room
- Level: First
Property
Details
- Zoning: R10
Features
- Fencing: Fenced
- Waterfront features: Walk to Salt Water
Lot
- Lot size: 5,227 sqft
- Features: Paved,Sprinklers
Parking
- Total spaces: 7
- Parking features: No Garage,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,663 | $175,956 |
| Home Insurance * | $973 | $11,676 |
| Property Taxes | $2,078 | $24,936 |
| Electricity | $1,085 | $13,028 |
| Total | $18,799 | $225,588 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $3,100,000 |
| 2022-01-28 | Sold | $1,825,000 |
| 2022-01-25 | Pending sale | $2,195,000 |
| 2021-12-03 | Contingent | $2,195,000 |
| 2021-08-21 | Price change | $2,195,000 |
| 2021-04-21 | Price change | $2,395,000 |
| 2020-11-21 | Listed for sale | $2,500,000 |
| 2020-06-18 | Listing removed | $6,375,000 |
| 2020-03-20 | Pending sale | $6,375,000 |
| 2020-02-12 | Listed for sale | $6,375,000 |
| 2019-10-08 | Listing removed | $5,925,000 |
| 2019-06-10 | Listed for sale | $5,925,000 |
| 2019-01-19 | Listing removed | $1,975,000 |
| 2018-11-08 | Price change | $1,975,000 |
| 2018-11-02 | Listed for sale | $1,750,000 |
| 2018-11-01 | Listing removed | $2,650 |
| 2018-10-30 | Price change | $2,650 |
| 2018-09-15 | Price change | $2,450 |
| 2018-09-01 | Listed for rent | $2,900 |
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