Open House Sun, Sep 20th 12:00 PM - 02:00 PM - Price Reduction
Address
16 Sherman Street, Newport, RI
Price
$ 2,588,777
Property Attributes
  • MLS#1420425
  • TypeSingle Family
  • Listing Status Active
  • CountyNewport
  • CityNewport
  • NeighborhoodHistoric Hill
  • Zip02840
  • Style
  • Year Built1850
  • Taxes$ 9362
  • Price$ 2,588,777
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size0.1 Acres
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description

Newly offered at $2,588,777. There are houses to be admired, and houses made for living. 16 Sherman Street is decidedly both. This handsome 1856 Italianate in Newport's Historic Hill offers approximately 3,600 square feet, six bedrooms, three full baths and gracious spaces made for gathering. For years, its rooms have welcomed holiday dinners, summer cocktails, family celebrations and weekends filled with friends. Brick patios and mature landscaping create a private garden for long lunches and summer evenings, while the third-floor balcony offers western views toward the Pell Bridge. The legal two-residence configuration provides exceptional flexibility: enjoy the property as a substantial single-family home with private quarters for family and out-of-town guests, or use the separate residence for potential rental income. Everyone can come, everyone can stay and still have a little space of their own. Recent improvements include a new roof, updated electrical systems, engineered foundation reinforcement and extensive landscaping. Two off-street parking spaces and EV charging add convenience. From this in-town location, Bellevue Avenue, the harbor, Thames Street, restaurants and shops are within easy reach. A house with history, its real story is the life that happens here summer evenings in the garden, holiday tables surrounded by family, friends from afar in their own private space, and Newport just beyond the front door. Offers to be submitted by Tuesday 9/22 at 5 PM.

Price History
8/20/2026 Listed $3,650,000
8/27/2026 7$3,395,000
9/6/2026 15$2,900,000
9/18/2026 11$2,588,777

General Features

Sewer Connected,Public Sewer
Heating Baseboard,Central,Electric,Gas
Cooling Window Unit(s)
Utilities Sewer Connected
Possession Close Through 45 Days
Zoning R10
Patio/Porch Features Balcony,Deck,Patio,Porch
Construction Materials Drywall,Plaster,Masonry
Year Built 1850
Electric 200+ Amp Service
Stories Count 3
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Newport
New Construction false
Property Type Residential
Subdivision Name Historic Hill
Garage Y/N false
Total Rooms 17
Full Baths 3
Status Active
City Newport
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 4356
Land Lease Y/N false
Tax Annual Amount 9362
Virtual Tour https://tour.RiLiving.com/16-Sherman-Street-Newport-RI-02840--1420425
Standard Status Active
Tax Assessed Value 1303900
Tax Lot 048
Property Sub Type Additional Single Family Residence

Interior Features

Interior Amenities Bathtub,Cathedral Ceiling(s),High Ceilings,Interior Steps,Skylights,Stall Shower,Tub Shower,Vaulted Ceiling(s)
Basement Exterior Entry,Full,Interior Entry,Unfinished
Flooring Carpet,Hardwood,Laminate
Total Fireplaces 3
Fireplace Features Masonry,Marble
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Fireplace Y/N true
Total Bedrooms 6
LivingAreaSource Public Records
Total Baths 3

Exterior Features

Exterior Amenities Balcony,Deck,Porch,Patio
Parking Features No Garage
Water Source Connected
Total Parking 2
Lot Size Area 4356
Foundation Details Combination
Building Area Total 3600
Lot Size Acres 0.1

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 $3.01M
$2.59M
Taxes
AVG $15,991
$9,362
Year Built
AVG 1900
1850

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