Date
Details
Price
Change
Source
3/19/2026
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,100,000 Just Listed
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Property Description
Welcome to an exceptional Newport investment opportunity. This beautifully updated property features 12+ rooms, including 6 bedrooms and 8.5 baths, and holds the valuable City of Newport Transient Guest Facility Certificate. Each guest room includes its own private full bath, offering an ideal setup for high-quality guest stays. Recent upgrades include a full fire sprinkler and alarm system, new water/sewer and dedicated sprinkler lines, updated HVAC/mini-splits, new roof and decks, interior painting, many replaced windows, new flooring, and more truly a turnkey offering. Located in a prime walkable area, guests enjoy easy access to Bellevue Avenue, the Cliff Walk, the Tennis Hall of Fame, Thames Street dining and shops, beaches, historic mansions, and top attractions. The property has a strong history of unique bookings, including movie crews, wedding parties, family reunions, tennis enthusiasts, and NYC getaway groups. With 7 off-street parking spaces, the possibilities for continued revenue growth are endless. Newport attracts over 3.5 million visitors annually and is one of the East Coast's top wedding destinations. Its proximity to NYC, Boston, and Providence Airport ensures convenient year-round travel. With its active Newport license, this property can welcome daily guests throughout the year. Detailed financials available upon request. Showings coordinated with the listing agent.
Full Property Details
Full Property Details for 28 Weaver Ave
General
- Price: $3,100,000
- Taxes: $18,869 (2025)
- Status: Active
- Type: Commercial Residential Facility
- Source: STWMLS
- MLS ID: 1406499
- Updated: Today (3/19/2026)
- Added to Site: Today
Business
- Name: 28 Weaver LLC
- Business Type: Hotel/Motel
Rooms
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Recreation Room
- Security/Safety: Fire Alarm, Fire Escape, Secured Garage/Parking, Smoke Detector(s), Building Security, Fire Sprinkler System, Security Lights
Parking
- Total Spaces: 7
Location
- County: Newport
- Building Name: The Breakhouse
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Ductless, 1 Unit
Utilities
- Sewer: Connected, Public Sewer
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Attached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Stories/Levels: 0
- Building Size: 5181
- Finished Total: 5,181 Sq. Ft.
- Finished Above Grnd: 5,181 Sq. Ft.
- Year Built: 1863
- Other Struct. Feat.: Public Restrooms
Lot Features
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5227
- Frontage: City Street
- Sidewalks: Yes
- Potential Use: Residential, Recreational
Financial Considerations
- Tax Amount: $18,869
- Tax Year: 2025
- Owner Pays: Air Conditioning, Electricity, Exterior Maintenance, Gas, Grounds Care, Heat, Hot Water, Insurance, Management, Repairs
Disclosures and Reports
- Property ID: 28WEAVERAVNEWP
- Lot Number: 143
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 28 Weaver Ave
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.8 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 1.9 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.2 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 Weaver Ave
Tax History
Tax History for 28 Weaver Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,869
3%
$1,752,000
—
2024
$18,326
48%
$1,752,000
110%
2023
$12,400
4%
$833,300
1%
2022
$11,946
20%
$829,000
17%
2021
$9,933
-10%
$710,000
-1%
2020
$11,053
—
$716,800
—
2019
$11,053
3%
$716,800
—
2018
$10,738
26%
$716,800
30%
2017
$8,553
3%
$550,000
—
2016
$8,338
5%
$550,000
2%
2015
$7,936
8%
$536,600
22%
2014
$7,327
3%
$438,200
—
2013
$7,112
—
$438,200
—
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 Weaver Ave
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- Condo
- Active
- Updated 8 hours ago
- 2Beds
- 3Total Baths
- 2,003Sq. Ft.
Listed by Maura Hammick (860) 777-5052
- Single Family
- Active
- Updated 6 days ago
- 7Beds
- 6Total Baths
- 5,000Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 4Total Baths
- 2,424Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 2,208Sq. Ft.
- Single Family
- Active
- Updated 6 hours ago
- 3Beds
- 1Total Bath
- 2,112Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 2,326Sq. Ft.
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- Single Family
- Closed
- 5Beds
- 5Total Baths
- 3,134Sq. Ft.
Listed by Lisanne Morrison
28 Weaver Avenue, Newport, RI 02840 (MLS# 1406499) is a Commercial Residential Facility property. 28 Weaver Avenue is currently listed for $3,100,000 and was received on March 19, 2026. Want to learn more about 28 Weaver Avenue? Do you have questions about finding other Commercial Residential Facility real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.