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$699,000
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Property Description
Welcome to Newport living in the heart of the city's historic district. Located at 28 Kay Street, Unit 3, this charming and highly functional condo offers an exceptional opportunity to enjoy the best of Newport just steps from your front door. Walk to restaurants, shops, the harbor, and the newly redesigned The Vanderbilt, Auberge Resorts Collection with its beautiful rooftop bar and vibrant social scene. Legally a two-bedroom condo, the true appeal of this home is its incredibly versatile layout. The flexible bonus space is perfect for a second bedroom, home office, guest room, workout area, or creative studio, making the property ideal for today's live-work lifestyle. The unit also features a private outdoor patio area that, while intimate, is extremely usable and perfect for grilling, relaxing, or enjoying summer evenings outdoors. Additional highlights include two off-street parking spaces, a true rarity in Newport, along with an unbeatable walkable location close to downtown, Bellevue Avenue, beaches, and Newport's waterfront. Whether you are looking for a full-time residence, weekend getaway, or investment property, this condo offers flexibility, charm, and convenience in one of Newport's most desirable neighborhoods.
Full Property Details
Full Property Details for 28 Kay St #3
General
- Price: $699,000
- HOA FEE: $515/month
- Taxes: $1,500 (2025)
- Status: Active
- Type: Condo
- Source: STWMLS
- MLS ID: 1408799
- Updated: 5/20/2026
- Added to Site: 96 day(s) ago
Business
- Business Type: Other
Interior
- Number of Rooms: 4
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Masonry
- Appliances: Gas Water Heater
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 2
- Parking Features: Assigned, No Garage
Location
- County: Newport
- Subdivision: Kay/Catherine
- Building Name: John Irish House
Community
- Units Assoc/Comm: 6
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, 1 Unit
- Heating Type: Gas, Hot Water
Utilities
- Sewer: Connected
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Clapboard
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 903
- Square Feet: 903
- Living Area: 903 Sq. Ft.
- Finished Total: 903 Sq. Ft.
- Finished Above Grnd: 903 Sq. Ft.
- Year Built: 1856
Financial Considerations
- Association Fee: $515
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,500
- Tax Year: 2025
Disclosures and Reports
- Property ID: 28KAYST3NEWP
- Lot Number: 1
Listed by Edge Realty RI
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Schools
Schools serving 28 Kay St #3
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.2 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 1.3 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28 Kay St #3
Date
Details
Price
Change
Source
5/19/2026
Price Reduced
$699,000
-3.59%
MLS
4/02/2026
Listed
$725,000
-11.04%
MLS
10/14/2021
Sold
$815,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 28 Kay St #3
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,499
3%
$487,300
—
2024
$3,396
6%
$487,300
50%
2023
$3,214
3%
$324,000
—
2022
$3,114
3%
$324,000
—
2021
$3,023
—
$324,000
11%
2020
$3,014
—
$293,200
—
2019
$3,014
3%
$293,200
—
2018
$2,929
-11%
$293,200
—
2017
$3,287
3%
$293,200
—
2016
$3,205
2%
$293,200
—
2015
$3,128
-1%
$293,200
12%
2014
$3,151
3%
$261,300
—
2013
$3,060
—
$261,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 28 Kay St #3
28 Kay Street #3, Newport, RI 02840 (MLS# 1408799) is a Condo property with 2 bedrooms and 1 full bathroom. 28 Kay Street #3 is currently listed for $699,000 and was received on April 02, 2026. Want to learn more about 28 Kay Street #3? Do you have questions about finding other Condo real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

