16 Sherman Street Newport

$3,395,000
6 3 3,600 sq ft

The Property

A grand two-family residence in the heart of Newport’s Historic Hill, 16 Sherman offers approximately 3,600 square feet of living space with six bedrooms and three full baths.Its scale, private outdoor areas and exceptional walkability create a rare opportunity for owner-occupancy, or investment in one of Newport’s most desirable neighborhoods.

The expansive main residence occupies the first two floors and would make an impressive owner’s unit.Traditionally Newport in character, it features high ceilings, generously proportioned rooms, original architectural details and higher-end finishes. A private, mature garden and brick patio provide secluded outdoor spaces for dining, entertaining and daily enjoyment.

The third floor is a completely separate apartment.Its bright, modern design offers a striking contrast to the traditional residence below.The apartment also enjoys its own private outdoor spaces: a west-facing balcony with views toward the Pell Bridge and Newport’s spectacular sunsets and its own outdoor garden patio.

Recent improvements to the property include a new roof, updated electrical systems, professionally engineered foundation reinforcement and extensive landscaping.Off-street parking for two cars and an EV charger add everyday convenience.

A distinctive Historic Hill property offering two private residences, separate outdoor retreats and the freedom to experience Newport largely on foot. Also offered as a single-family residence under MLS #1420425.

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Listing Details

MLS Number

1421009

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: 1850

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today110-90.7% decrease in inventory
    New on Market *51121.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$787.20$91 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,608,136$459,470 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.47%2.1% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$733.89$38 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9821 increase 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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