$3,100,000

28 Weaver Avenue, Newport, RI 02840

  • 7 beds |
  • 9 baths |
  • 5,331 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1863
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $582/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

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. https://www.homeatanywhere.com/28-Weaver-Avenue-Newport-RI-02840/mlsindex.html

Listing Status:
Active
Date Added:
March 19, 2026
Data Last Updated:
April 1, 2026 at 7:15AM
Listing Office:
Coldwell Banker Realty : 401-845-6900
MLS ID:
1406495
  • General: Interior StepsStall ShowerFurnished
  • Appliances: DryerDishwasherExhaust FanGas Water HeaterMicrowaveOvenRangeRefrigeratorRange HoodWasher
  • Basement: Exterior EntryFullInterior EntryUnfinished
  • Flooring: Ceramic TileHardwood
  • A/C: Ductless
  • Heating: BaseboardDuctlessGas
  • Fireplace: MasonryFireplaceFireplaces: 1
  • General: Sprinkler/IrrigationPaved Driveway
  • Style: Colonial
  • Parking: No GarageParking spaces: 7
  • General: PlasterVinyl Siding3Combination
  • Originating MLS: RIS_RIS
  • County: Newport
  • Zoning: R1028WEAVERAVNEWP
  • Fencing: Fenced
  • Utilities: Underground Utilities200+ Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: RIS_RIS

This listing courtesy of Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

F

Frank E. Thompson Middle School

55 Broadway, Newport, RI, 02840

Grades 5-8

0.82 miles away

F

Frank E. Thompson Middle School

55 Broadway, Newport, RI, 02840

Grades 5-8

0.82 miles away

N

Newport Area Career Tech Center

15 Wickham Rd, Newport, RI, 02840

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.