18 Ledge Rd, Newport, RI, 02840
About This Home
Offered for the first time in 50 years, this remarkable 1.6-acre Ledge Road property features a three-bed primary residence and a separate two-bed guest cottage – in all, a legal two-family lot with noteworthy flexibility in a tried-and-true upscale residential Newport neighborhood. Tucked into a private expanse of green grass and towering trees behind the iconic southernmost bend of Bellevue Avenue, Tree Haven enjoys endless possibility in a locale that will never lose its coveted status among Newport’s premiere addresses. A stone’s throw from Bailey’s Beach and the southwest terminus of the Cliff Walk, the Atlantic Ocean beckons from across the street. This listing radiates privacy, sophistication and temperament, a once-in-a-lifetime opportunity.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1967
Materials
- Foundation: Concrete Perimeter
- Construction materials: Dry Wall,Clapboard,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- 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: Partial,Interior Entry,Unfinished,Utility
Bedroom1
- Features: Ceiling Height 7 to 9 ft
- Level: First
Bedroom2
- Features: Ceiling Height 7 to 9 ft
- Level: First
Bedroom4
- Features: Ceiling Height 7 to 9 ft
- Level: First
Bedroom5
- Features: Ceiling Height 7 to 9 ft
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Dining Room
- Features: Ceiling Height 7 to 9 ft
- Level: First
Family Room
- Features: Ceiling Height 7 to 9 ft
- Level: First
Features
- Wall (Dry Wall),Plumbing (Copper),Plumbing (Mixed),Insulation (Ceiling),Insulation (Walls)
- Window features: Skylight(s)
- Flooring: Hardwood,Carpet
- Number of fireplaces: 2
- Fireplace features: Brick
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,400
Heating & Cooling
- Heating features: Electric,Natural Gas,Baseboard,Forced Water,Gas Connected
- Cooling features: Central Air
Interior Area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
Kitchen
- Features: High Ceilings
- Level: First
Library
- Features: Ceiling Height 7 to 9 ft
- Level: First
Living Room
- Features: High Ceilings
- Level: First
Property
Accessibility
- Accessibility features: Low Pile Carpet,One Level
Details
- Parcel number: NEWPM038B0021
- Zoning: R-60
- Foundation area: 5246
Features
- Patio & porch: Patio
- Fencing: Fenced
- Waterfront features: Access,Beach,Walk to Salt Water
Lot
- Lot size: 1.63 Acres
- Features: Local Historic District,Secluded,Wooded
Parking
- Total spaces: 9
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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
- Coastal Flooding
- Hurricane
- Lightning
- Strong Wind
- 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 | $36,407 | $436,884 |
| Home Insurance * | $2,415 | $28,980 |
| Property Taxes | $4,272 | $51,264 |
| Electricity | $692 | $8,309 |
| Total | $43,786 | $525,432 |
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 |
|---|---|---|
| 2026-08-11 | Price change | $6,800,000 |
| 2026-06-04 | Listed for sale | $7,200,000 |
| 2018-10-24 | Listing removed | $2,000 |
| 2018-09-30 | Price change | $2,000 |
| 2018-09-23 | Listed for rent | $2,300 |
View on Zillow