Address
40 Atlantic Street, Newport, RI
Price
$ 1,475,000
Property Attributes
  • MLS#1418922
  • TypeSingle Family
  • Listing Status Pending
  • CountyNewport
  • CityNewport
  • NeighborhoodFifth Ward
  • Zip02840
  • Style
  • Year Built1987
  • Taxes$ 5933
  • Price$ 1,475,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1754
  • Lot Size0.058 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Welcome to this 5th Ward corner-lot cutie, perfectly positioned just three blocks from King's Park, the beach, and the playground! Completely reimagined, this two-story, 3-bedroom, 2.5-bath home features a light-filled open-concept main floor anchored by warm white oak flooring, a spacious kitchen with a center island, and a dedicated dining area. Enjoy total peace of mind with extensive big-ticket upgrades, including a year old roof, new windows, new HVAC, and updated plumbing. The second floor offers three bedrooms, highlighted by a serene primary suite with its own private en-suite bath, while the finished basement provides flexible extra living space and a separate laundry area. Step outside to your outdoor oasis complete with a hardscaped patio, fully fenced backyard, wood-burning fire pit, convenient outdoor shower for post-beach days, fresh sod, new professional landscaping, and rare off-street parking for four vehicles. Turn-key, beautifully updated, and seconds from the water!

Price History
8/5/2026 Listed $1,475,000

General Features

Sewer Connected,Public Sewer
Heating Central,Forced Air,Gas,Zoned
Cooling Central Air
Utilities Sewer Connected
Possession Close Through 45 Days
Zoning R10
Patio/Porch Features Porch
Construction Materials Drywall,Clapboard,Shingle Siding
Year Built 1987
Electric 100 Amp Service
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Walk to Water
Community Features Marina,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,Tennis Court(s)
County Newport
New Construction false
Property Type Residential
Subdivision Name Fifth Ward
Garage Y/N false
Total Rooms 7
Full Baths 2
Status Pending
City Newport
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 2526
Land Lease Y/N false
Tax Annual Amount 5933
Virtual Tour https://tour.RiLiving.com/40-Atlantic-Street-Newport-RI-02840
Standard Status Pending
Tax Assessed Value 682900
Tax Lot 114
Property Sub Type Additional Single Family Residence

Interior Features

Interior Amenities Bathtub,Interior Steps,Stall Shower,Tub Shower
Basement Exterior Entry,Full,Interior Entry,Partially Finished
Flooring Ceramic Tile,Hardwood,Marble
Fireplace Features None
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Thermal Windows
Fireplace Y/N false
Half Baths 1
Total Bedrooms 3
Below Grade Finished Area 500
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Porch,Paved Driveway
Fencing Fenced
Parking Features No Garage
Lot Features Corner Lot
Water Source Connected,Public
Total Parking 4
Inclusions Taxes are based off the non-resident rate of $8.689 per thousand off of the current assessment. The resident/owner occupied rate is $7.177 per thousand Property is in the flood zone. Basement has a drainage system, vapor barrier and sump pump.
Lot Size Area 2526
Foundation Details Concrete Perimeter
Building Area Total 1754
Lot Size Acres 0.058

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 $2.97M
$1.48M
Taxes
AVG $15,903
$5,933
Year Built
AVG 1901
1987

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