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Property Description
Welcome to this beautifully renovated second-floor condo in the heart of Newport's historic Yachting Village on desirable Thames Street. This classic 2-bedroom, 1-bath unit offers an inviting open floor plan perfect for comfortable living and entertaining. The custom designer kitchen shines with stainless-steel appliances, beautiful inset cabinetry, quartz countertops, a cozy breakfast bar, and a large quartz island in the dining area. Hickory hardwood flooring flows throughout. The stunning designer bathroom features an open shower and radiant heat flooring for added luxury. Fully equipped with a mini-split system for efficient central heating and cooling. Step out onto your private balcony to enjoy breathtaking sunsets and panoramic views of Newport Harbor, all while overlooking the vibrant energy of downtown Thames Street. Just steps from world-class restaurants, shops, and attractions, this location can't be beat. Additional highlights include one assigned off-street parking space and low condo fees a high-yield investment opportunity with a solid rental track record.
Full Property Details
Full Property Details for 492 Thames St #3
General
- Price: $795,000
- HOA FEE: $180/month
- Taxes: $3,500 (2026)
- Status: Active
- Type: Condo
- Source: STWMLS
- MLS ID: 1411484
- Updated: 5/1/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Stall Shower, Furnished
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Paved Driveway
Parking
- Total Spaces: 1
- Parking Features: Assigned, No Garage
Location
- County: Newport
- Subdivision: Yachting Village
- Building Name: West Harborview Condo Association
- Near Highway: Yes
Community
- Units Assoc/Comm: 4
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Multiple Meters, Public
- Utility Description: Sewer Connected
Structural Information
- Architectural Style: High-Rise
- Structure Type: High Rise
- Detached/Attached: Detached
- Construction: Drywall, Other, Vinyl Siding
- Basement Desc.: None
- Entry Floor Number: 2
- Entry Location: Second Floor Access
- Stories/Levels: 4
- Building Size: 740
- Square Feet: 740
- Living Area: 740 Sq. Ft.
- Finished Total: 740 Sq. Ft.
- Finished Above Grnd: 740 Sq. Ft.
- Year Built: 1990
Lot Features
- Property View: Saltwater, Water
- Lot Features: Paved
Water Features
- Water View: Yes
- Water Front Desc.: Walk to Water
Financial Considerations
- Association Fee: $180
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,500
- Tax Year: 2026
Disclosures and Reports
- Property ID: 492THAMESST3NEWP
- Lot Number: 193
Listed by REMAX Revolution
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Schools
Schools serving 492 Thames St #3
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.9 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 2.1 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 0.8 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 492 Thames St #3
Date
Details
Price
Change
Source
5/01/2026
Listed
$795,000
57.43%
MLS
6/14/2021
Sold
$505,000
—
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 492 Thames St #3
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,158
6%
$478,500
—
2024
$3,933
23%
$478,500
49%
2023
$3,187
3%
$321,300
—
2022
$3,088
3%
$321,300
—
2021
$2,998
5%
$321,300
16%
2020
$2,843
—
$276,600
—
2019
$2,843
3%
$276,600
—
2018
$2,763
-11%
$276,600
—
2017
$3,101
3%
$276,600
—
2016
$3,023
2%
$276,600
—
2015
$2,951
-7%
$276,600
5%
2014
$3,172
3%
$263,000
—
2013
$3,080
—
$263,000
—
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 492 Thames St #3
492 Thames Street #3, Newport, RI 02840 (MLS# 1411484) is a Condo property with 2 bedrooms and 1 full bathroom. 492 Thames Street #3 is currently listed for $795,000 and was received on May 01, 2026. Want to learn more about 492 Thames 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.

