138 Gibbs Avenue

Newport RI 02840

2278 sq. ft.

9191 sq. ft.

Single-Family

Last sold for $1,446,500

Ben Willett Team, last sold this property on 06 August 2026 after 63 days on market.

Overview

Rarely does a property offer this combination of lot size, parking, walkability, and future potential in the heart of Newport. Set on an oversized, fully fenced 0.21 acre lot just moments from Easton's Beach, Cliff Walk, Bellevue Avenue, and downtown Newport, 138 Gibbs Avenue presents an exceptional opportunity in one of the city's most sought after neighborhoods. Offering 2,278 square feet of living space, this meticulously maintained home features beautiful hardwood floors, 4 bedrooms, 1.5 bathrooms, and a functional floor plan designed for comfortable everyday living. The expansive backyard provides a private retreat rarely found in Newport, complete with a spacious deck, and stone patio/outdoor fireplace, perfect for entertaining, relaxing, and enjoying Newport's coastal lifestyle. A detached two-car garage and parking for five additional vehicles provide a level of convenience seldom available in this location. While perfectly livable and well cared for as-is, the property also offers exciting opportunities for future enhancement. Buyers may explore additional expansion through remaining lot coverage or the potential for a third-floor dormer addition, allowing the home to evolve alongside their needs (subject to approvals). Whether seeking a year-round residence or seasonal retreat, 138 Gibbs Avenue delivers something increasingly difficult to find in Newport: space to enjoy today and flexibility for tomorrow.

Features

4 bedrooms

2 bathrooms

7 carspaces

2 garage spaces

2278 sq. ft. floor area

9191 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Newport over the last 12 months, the estimated median property value of 138 Gibbs Avenue is $1.48m.

Median value

$1.48m

Estimated value range

$907k - $5.78m

Median days on market

Estimated value trend

-10%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Newport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 138 Gibbs Avenue

2026

Sold

$1,446,500

06 Aug 2026 by Ben Willett Team, of Serhant Rhode Island

Happy sellers in Newport

We have insufficient information to provide an overview of customer satisfaction for Newport. Viewing the agent profiles, reviews and sales for Newport can provide insights for this location.