Back 299 Prospect Avenue
Off Market

299 Prospect Avenue

Newport East RI 02842

3
3
4
1560 sq. ft.
4792 sq. ft.
Other
Last sold for $970,000
Newport Living GroupNewport Living Group, last sold this property on 21 January 2025 after 62 days on market.

Overview

Beautifully renovated 3-bedroom 2.5 bath Middletown home that combines classic charm with modern elegance. This 1,800-square-foot residence sits high on a corner lot and is flooded with natural light. The open floor plan is lined with windows creating a bright living and dining area adjacent to a gourmet kitchen. It is a true entertainer's dream with a large island with a quartz countertop and stainless-steel appliances. The first floor also offers a flex room that is currently used as a laundry area and office. The Murphy bed makes the bonus room the perfect space for overflow guests. The second floor is home to three bedrooms and two full bathrooms including the primary en-suite that is complete with a walk-in closet and original details that were preserved to keep the character of the home. There are beautiful hardwood floors throughout the home as well as mini splits to keep the house cool on summer days. The property is fully fenced-in and professionally landscaped. In addition, the house is wired for a hot tub, and there is a gravel area perfect for a fire pit. The back deck and ample parking with easy access to all that Middletown and Newport make this the perfect coastal retreat. The property has a strong history of short-term rental. Buyer to do their due diligence to acquire proper licensing and registration for short-term rentals.

Features

3 bedrooms
3 bathrooms
4 carspaces
1560 sq. ft. floor area
4792 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Newport East over the last 12 months, the estimated median property value of 299 Prospect Avenue is $957.5k.

Median value
$957.5k
Estimated value range
$665k - $1.05m
Median days on market
41
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Newport East. 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 299 Prospect Avenue

2026
Rented
Undisclosed
14 May 2026 by Castle Keep Realty Corp.
2025
Rented
Undisclosed
18 Mar 2025 by Hogan Associates
2025
Sold
$970,000
21 Jan 2025 by Newport Living Group, of Lila Delman Compass

Happy sellers in Newport East

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

Local market activity for 3 bedroom other properties in Newport East

In the last 12 months, 4 three-bedroom other properties similar to 299 Prospect Avenue, have been sold.

This represents a 67% increase in three-bedroom other properties sales when compared to the previous 12 months.

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