Open House Sat, Sep 12th 10:00 AM - 12:30 PM - Price Reduction
Address
16 Sherman Street, Newport, RI
Price
$ 2,900,000
Property Attributes
  • MLS#1420425
  • TypeSingle Family
  • Listing Status Active
  • CountyNewport
  • CityNewport
  • NeighborhoodHistoric Hill
  • Zip02840
  • Style
  • Year Built1850
  • Taxes$ 9362
  • Price$ 2,900,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size0.1 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

In the heart of Newport's Historic Hill, this handsome Italianate Victorian offers approximately 3600 square feet of living space with six bedrooms and three full baths. Generous rooms, high ceilings, and original architectural details give the house the scale and character of a classic Newport residence. The private garden is a rare find in this part of the city, with mature landscaping and two brick patios for outdoor dining and entertaining. A third floor balcony looks west toward the Pell Bridge and Newport's beautiful sunsets. Recent improvements include a new roof, updated electrical systems, engineered foundation supports, and extensive landscaping. A separate au pair suite offers flexibility for family or guests or as a single floor master suite. Off street parking for two cars and an EV charger complete this property that is exceptionally well suited to enjoy restaurants, shops, and beaches all within easy reach from home. See upgrade sheet. Motivated Seller. Also listed under MLS #1421009

Price History
8/20/2026 Listed $3,650,000
8/27/2026 7$3,395,000
9/6/2026 15$2,900,000

General Features

Sewer Connected,Public Sewer
Heating Baseboard,Central,Electric,Gas
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Close Through 45 Days
Zoning R10
Patio/Porch Features Balcony,Deck,Patio,Porch
Construction Materials Drywall,Plaster,Masonry
Year Built 1850
Electric 200+ Amp Service
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Newport
New Construction false
Property Type Residential
Subdivision Name Historic Hill
Garage Y/N false
Total Rooms 17
Full Baths 3
Status Active
City Newport
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 4356
Land Lease Y/N false
Tax Annual Amount 9362
Virtual Tour https://tour.RiLiving.com/16-Sherman-Street-Newport-RI-02840--1420425
Standard Status Active
Tax Assessed Value 1303900
Tax Lot 048
Property Sub Type Additional Single Family Residence

Interior Features

Interior Amenities Bathtub,Cathedral Ceiling(s),High Ceilings,Interior Steps,Skylights,Stall Shower,Tub Shower,Vaulted Ceiling(s)
Basement Exterior Entry,Full,Interior Entry,Unfinished
Flooring Carpet,Hardwood,Laminate
Total Fireplaces 3
Fireplace Features Masonry,Marble
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N true
Total Bedrooms 6
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Balcony,Deck,Porch,Patio
Parking Features No Garage
Water Source Connected
Total Parking 2
Lot Size Area 4356
Foundation Details Combination
Building Area Total 3600
Lot Size Acres 0.1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 02840

Price
AVG $2.92M
$2.9M
Taxes
AVG $16,554
$9,362
Year Built
AVG 1906
1850

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