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$1,475,000 Just Listed
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Property Description
Picture-perfect Point cottage! Offered for the first time in 20 years, 72 Third Street is a charming turn-of-the-century home just two blocks from the water in one of Newport's most beloved neighborhoods. Updated, bright and incredibly functional, the home offers great natural light, central air, two gas fireplaces and a flexible layout with one bedroom and full bath on the main level and two bedrooms upstairs. The fully finished basement, complete with a full bathroom and bulkhead access, adds valuable additional living space. Outside, enjoy a private patio, mature landscaping, beautiful stonework and the rare convenience of off-street parking for two cars. No flood insurance is currently required. Quiet neighborhood setting yet close to downtown, the harbor and easy access on and off the Newport Pell Bridge. With its versatile layout and location, the property also offers excellent rental potential. A classic Newport cottage combining historic charm, modern comfort and everyday practicality.
Full Property Details
Full Property Details for 72 Third St
General
- Price: $1,475,000
- Taxes: $6,896 (2025)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1422332
- Updated: 9/2/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 9
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Insert, Gas
- Appliances: Gas Water Heater
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Total Spaces: 2
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: The Point
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning, Ductless
- Heating Type: Ductless, Gas
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- Architectural Style: Cabin
- Detached/Attached: Detached
- Construction: Drywall, Clapboard
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Finished, Interior Entry
- Stories/Levels: 2
- Building Size: 1743
- Square Feet: 1,743
- Living Area: 1,743 Sq. Ft.
- Finished Total: 1,743 Sq. Ft.
- Finished Above Grnd: 1,268 Sq. Ft.
- Finished Below Grnd: 475 Sq. Ft.
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size: 3049
Financial Considerations
- Tax Amount: $6,896
- Tax Year: 2025
Disclosures and Reports
- Property ID: 72THIRDSTNEWP
- Lot Number: 195
Listed by Edge Realty RI
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Schools
Schools serving 72 Third St
School District:Newport School District, Newport, RI
| Name | Grades | Distance |
|---|---|---|
Frank E. Thompson Middle School 55 Broadway, Newport, RI 02840 | 5-8 | 0.6 mi |
Pell Elementary School 35 Dexter Street, Newport, RI 02840 | PK-4 | 1.1 mi |
Rogers High School 15 Wickham Road, Newport, RI 02840 | 9-12 | 1.9 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 72 Third St
Date
Details
Price
Change
Source
9/02/2026
Listed
$1,475,000
201.02%
MLS
4/21/2005
Sold
$490,000
—
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 72 Third St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,896
3%
$960,500
—
2024
$6,695
7%
$960,500
53%
2023
$6,243
3%
$629,300
—
2022
$6,048
3%
$629,300
—
2021
$5,871
13%
$629,300
25%
2020
$5,181
—
$504,000
—
2019
$5,181
3%
$504,000
—
2018
$5,035
6%
$504,000
19%
2017
$4,738
3%
$422,700
—
2016
$4,620
2%
$422,700
—
2015
$4,510
-3%
$422,700
10%
2014
$4,631
3%
$384,000
—
2013
$4,497
—
$384,000
—
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 72 Third St
72 Third Street, Newport, RI 02840 (MLS# 1422332) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 72 Third Street is currently listed for $1,475,000 and was received on September 02, 2026. Want to learn more about 72 Third Street? Do you have questions about finding other Single Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

