40 Atlantic Street

Newport RI 02840

1666 sq. ft.

2614 sq. ft.

Single-Family

Last sold for $825,000

Scott Champagne, last sold this property on 27 August 2025 after 96 days on market.

Overview

Located in Newport's high-demand Fifth Ward/Wellington neighborhood, this 1990-built Colonial is a prime investment just blocks from Newport Harbor, King Park, Thames Street, and award-winning restaurants. The home features 3 bedrooms, 1.5 baths, plus a bonus room on the main level currently used as a 4th bedroom or office boosting rental income and flexibility. It offers off-street parking, a private patio, small fenced yard, and a clean, dry full basement with laundry. Recent updates include a new roof, full interior and exterior paint, refreshed landscaping, and a brand-new water heater. Hardwood floors run throughout, and the kitchen and baths are clean and functional, with room for future updates reflected in the price. With a strong rental history, this property offers excellent returns and long-term upside in one of Newport's most walkable and investor-friendly locations. A rare opportunity to own a low-maintenance home with high income potential and unbeatable proximity to Ida Lewis Yacht Club, Gooseberry Beach, and Ocean Drive. Use as a high-performing rental, seasonal getaway, or future dream home the options are all here.

Features

3 bedrooms

2 bathrooms

4 carspaces

1666 sq. ft. floor area

2614 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Newport over the last 12 months, the estimated median property value of 40 Atlantic Street is $1.07m.

Median value

$1.07m

Estimated value range

$350k - $4.1m

Median days on market

Estimated value trend

42%

increase 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 40 Atlantic Street

2025

Sold

$825,000

27 Aug 2025 by Scott Champagne, of Compass

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.