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54 Gibbs Avenue Newport

$1,370,000
5 2 2,264 sq ft

The Property

Welcome to 54 Gibbs Ave! Located in the desirable Kay/Catherine neighborhood, you are just a short stroll to the beaches, mansions, Cliff Walk & Downtown restaurants/shopping. This well-appointed, turnkey home has been lovingly updated and maintained by the current owners since purchasing it in 1996. This home maintains many original details yet has undergone numerous recent updates including a brand-new custom designed kitchen in 2024. The large 10,400 square foot lot is hard to come by in the area and provides serenity and seclusion from the world as well as a home to a variety of song birds that frequent it.

The property is actually comprised of three lots that were merged years ago however, with frontage on both Gibbs Ave and Findley Place and such a large developable footprint, this property provides a great array of future uses. In addition to the beautiful new kitchen, the first floor includes a spacious living room, formal dining room, a large walk in pantry, 2 bedrooms and a full bathroom. The second floor features 3 additional bedrooms, a full bathroom, and an office/6th sleeping space. Enjoy the summer month in your enormous private back yard and showering off from the beach in the outdoor shower and the winter months sitting by the working fireplace in the front living room. Off street parking for 2 could easily be expanded.

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Listing Details

MLS Number

1362877

Lot Size:

0.24 acres

Features

  • Basement: Full
  • Shingles
  • Fireplace: Brick
  • Heating: Forced Water
  • Heating Fuel: Oil
  • Extra Lot
  • Fenced
  • Sidewalks
  • Type: Bungalow
  • Year Built: 1910
  • Water Amenities: Walk to Salt Water

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today38-94.8% decrease in inventory
    New on Market *23130% increase in new listings
    Avg. Asking Price/Sq.Ft. *$867.19$45 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,812,692$324,073 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.03%-0.2% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$770.18$152 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8116 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?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Keller Williams Coastal

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