16 Sherman Street Newport

$2,498,888
6 3 3,600 sq ft

The Property

Newly offered at $2,498,888. There are houses to be admired, and houses made for living. 16 Sherman Street is decidedly both. This handsome 1856 Italianate in Newport’s Historic Hill offers approximately 3,600 square feet, six bedrooms, three full baths and gracious spaces made for gathering.

For years, its rooms have welcomed holiday dinners, summer cocktails, family celebrations and weekends filled with friends. Brick patios and mature landscaping create a private garden for long lunches and summer evenings, while the third-floor balcony offers western views toward the Pell Bridge. The legal two-residence configuration provides exceptional flexibility: enjoy the property as a substantial single-family home with private quarters for family and out-of-town guests, or use the separate residence for potential rental income. Everyone can come, everyone can stay—and still have a little space of their own. Recent improvements include a new roof, updated electrical systems, engineered foundation reinforcement and extensive landscaping. Two off-street parking spaces and EV charging add convenience. From this in-town location, Bellevue Avenue, the harbor, Thames Street, restaurants and shops are within easy reach. A house with history, its real story is the life that happens here: summer evenings in the garden, holiday tables surrounded by family, friends from afar in their own private space, and Newport just beyond the front door. Offers to be submitted by Tuesday 9/22 at 5 PM.

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Listing Details

MLS Number

1424268

Lot Size:

0.10 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Storage Space, Utility
  • Balcony
  • Deck
  • Patio
  • Porch
  • Fireplace: Brick, Marble
  • Heating: Electric, Natural Gas, Baseboard, Central Stream
  • Heating Fuel: Electric, Natural Gas, Baseboard, Central Stream
  • Laundry
  • Local Historic District
  • Year Built: 1854

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today126-89.8% decrease in inventory
    New on Market *6251.2% increase in new listings
    Avg. Asking Price/Sq.Ft. *$718.01$54 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,487,300$418,414 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.38%5.1% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$834.49$80 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *6273 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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Listed by William Raveis Inspire
Email: Kim.Hebert@raveis.com
Phone: 401-846-3800

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