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7 Coddington Wharf Newport

$1,799,900
3 2.5 1,500 sq ft

The Property

Rare Waterfront Business District Legal 3 Bedroom Short Term Guest House. This Spectacular Newport Harbor beauty wows from the moment you enter. Beautifully, thoughtfully and thoroughly remodeled in 2022/2023. Lower level includes a 2 car garage and modern mudroom.

Main level is indulgent in its fabulous custom mill work throughout, gorgeous new wide plank flooring, custom cabinets and high end appliances including Jenn-Air Induction stove, Sub-Zero refrigerator, and sparkling quartz counters. The open concept allows for all your guests to be engaged whether in the cozy dining nook, kitchen or sunny (southern exposure) living area which includes a built in 55” TV. The gorgeous floors and custom millwork continue up the stairs and throughout the second level where you will find the primary bedroom with dreamy oversized marble shower, two additional bedrooms and a gorgeous full bath. The roof top deck offers a stunning and inviting view of Newport Harbor, the Newport Bridge, Ft Adams and of course, spectacular sunsets. Quaint, private fenced in courtyard in the back includes convenient gas line for your grill. Property includes one off street parking pass. Town water and sewer, gas heat and central air make this a gem difficult to part with. Strong rental history with over $100K in bookings in 2024 with room for more and already have $40K+ in bookings for 2025.

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Listing Details

MLS Number

1373081

Lot Size:

0.04 acres

Features

  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Heating: Natural Gas, Central Air, Forced Air
  • Heating Fuel: Natural Gas, Central Air, Forced Air
  • Garage: 1
  • Type: Contemporary, Cottage
  • Year Built: 2007
  • Water Amenities: Flood Insurance, Saltwater View, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Newport

  • Overview
    Homes for Sale Today34-95.6% decrease in inventory
    New on Market *8-52.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$753.34$54 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,453,667$277,167 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.39%-1.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$672.96$6 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9832 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?

    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 Coldwell Banker Coastal Homes

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