OFF MARKET

Off Market Jul 2018 for $685K

$1,937,723

•

4,651

sq ft

283 Spring St, Newport, RI 02840

About this home

Originally known as the PETER LEE HOUSE, Circa 1740. Located on the corner of Spring and Brewer Street. AKA The birth place of the Iconic IDA LEWIS Because of her many rescues, Lewis became the best-known lighthouse keeper of her day. This gracious Georgian Colonial is conveniently located in the heart of downtown with plenty of parking space! The property is currently used as 3 family that could be converted back to a single family. Historic features remain including beautiful Dutch door, wide plank floors, 6 fire places. It has updated wiring, a newer gas furnace. Plenty of space remaining for a private back yard patio with an small cabin with a full bath and kitchenette. The house has tremendous potential. The seller is motivated and offers are encouraged. FLOOR PLAN ATTACHED.

Multi-familyProperty Type

1740Year Built

2,933 sq ftLot Size

$417Est. Price/Sq.Ft.

7 spacesParking

Listed by Elmehdi Mechtaly • Keller Williams Coastal

Bought with Lucas Barry • RE/MAX Profnl. Newport, Inc.

Bought with Elmehdi Mechtaly • Keller Williams Coastal

Redfin checked: 2 minutes ago

•Source:RIS #1193633

Redfin Estimate

$1,937,723

$1.3M since sold in July 2018$44K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.1% higher than the average sale price ($1.70M) of 6 comparable homes.

SOLD JUL 24, 2026
$1,810,000
A
6 beds3.5 baths3,010 sq ft
22 Farewell St, Newport, RI 02840
SOLD MAY 15, 2026
$1,625,000
B
4 beds3.5 baths2,756 sq ft
28 30 John St, Newport, RI 02840
SOLD JUN 3, 2026
$1,300,000
C
4 beds3.5 baths2,186 sq ft
60 Prospect Hill St, Newport, RI 02840
SOLD JUL 27, 2026
$1,350,000
D
4 beds3 baths2,302 sq ft
19 19.5 Third St, Newport, RI 02840
SOLD OCT 30, 2025
$2,400,000
E
5 beds4.5 baths3,198 sq ft
36 Bull St, Newport, RI 02840
SOLD APR 17, 2026
$1,705,000
F
4 beds3.5 baths2,440 sq ft
17 Old Beach Rd, Newport, RI 02840

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Earn from this home

Sell

$1,368,413

Est. take-home

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Market trends in 02840, RI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.0%

+0.4% MoM

Median sale price

$969K

$37K MoM

Avg. days on market

36d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

OPEN SAT, 10AM TO 11:30AM
$899,000
2 beds1.5 baths1,015 sq ft
19 .5 Third St #2, Newport, RI 02840
OPEN SAT, 11AM TO 12:30PM
$699,000
3 beds2 baths906 sq ft
85 Mill St #2, Newport, RI 02840
OPEN SAT, 11AM TO 12:30PM
$425,000
1 bed1 bath869 sq ft
85 Mill St #3, Newport, RI 02840
NEW 27 HRS AGO
$995,000
4 beds2 baths2,260 sq ft
7 8 Warner Pl, Newport, RI 02840
COMING SOON
$4,950,000
4 beds4 baths3,529 sq ft
119 Spring St, Newport, RI 02840
OPEN SUN, 11AM TO 12:30PM
$1,475,000
3 beds2.5 baths1,743 sq ft
72 Third St, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$1,299,000
6 beds4 baths2,596 sq ft
31 Prescott Hall Rd, Newport, RI 02840
$1,200,000
4 beds2 baths1,305 sq ft
31 Slocum St, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$1,050,000
2 beds1 bath1,200 sq ft
453 Bellevue Ave Unit CH, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$624,900
3 beds1.5 baths1,175 sq ft
19 Princeton St, Newport, RI 02840
See all

Provided by Redfin

Sale history for 283 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$7,440 (+5.7%)

$365,000 + $491,200

$856,200

2024

$7,038 (+13.5%)

$365,000 + $491,200

$856,200

2023

$6,200 (+3.2%)

$238,600 + $386,400

$625,000

2022

$6,006 (+3.0%)

$238,600 + $386,400

$625,000

2021

$5,831 (−5.6%)

$238,600 + $386,400

$625,000

2020

$6,174

$219,100 + $381,500

$600,600

2019

$6,174 (+2.9%)

$219,100 + $381,500

$600,600

2018

$6,000 (+5.4%)

$219,100 + $381,500

$600,600

2017

$5,695 (+2.6%)

$156,700 + $351,300

$508,000

2016

$5,552 (+2.4%)

$156,700 + $351,300

$508,000

2015

$5,420 (+10.8%)

$156,700 + $351,300

$508,000

2014

$4,893 (+3.0%)

$133,200 + $272,500

$405,700

2013

$4,751 (+4.4%)

$133,200 + $272,500

$405,700

2012

$4,549

$133,200 + $267,200

$400,400

Tax history for 283 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$7,440 (+5.7%)

$365,000 + $491,200

$856,200

2024

$7,038 (+13.5%)

$365,000 + $491,200

$856,200

2023

$6,200 (+3.2%)

$238,600 + $386,400

$625,000

2022

$6,006 (+3.0%)

$238,600 + $386,400

$625,000

2021

$5,831 (−5.6%)

$238,600 + $386,400

$625,000

2020

$6,174

$219,100 + $381,500

$600,600

2019

$6,174 (+2.9%)

$219,100 + $381,500

$600,600

2018

$6,000 (+5.4%)

$219,100 + $381,500

$600,600

2017

$5,695 (+2.6%)

$156,700 + $351,300

$508,000

2016

$5,552 (+2.4%)

$156,700 + $351,300

$508,000

2015

$5,420 (+10.8%)

$156,700 + $351,300

$508,000

2014

$4,893 (+3.0%)

$133,200 + $272,500

$405,700

2013

$4,751 (+4.4%)

$133,200 + $272,500

$405,700

2012

$4,549

$133,200 + $267,200

$400,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

3,049 Sq. Ft.

Year renovated

1982

Sq. Ft.

3,102

Year built

1740

Style

Single Family Residential

County

Newport County

APN

362789

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Parking
Features: No Garage
# of Parking (Total): 7

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3

Room Information
# of Rooms (Total): 14
Has Basement
Basement Information: Exterior Entry, Full, Interior Entry, Unfinished

Fireplace Information
Has Fireplace
# of Fireplaces: 6
Features: Masonry

Equipment
Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator

Interior Features
Window Features: Skylight(s), Thermal Windows
Furnished
Flooring: Hardwood
Other Features: Skylights, Tub Shower, Furnished

Exterior

Building Information
Stories (Total): 3
Construction Details: Vinyl Siding

Exterior Features
Exterior Features: Deck, Patio, Paved Driveway
Patio And Porch Features: Deck, Patio
Other Structures: Outbuilding

Lot Information
Lot Size Area: 2,933
Lot Size Acres: 0.07
Lot Features: Corner Lot
Waterfront Features: Walk to Water
Zoning: R10

Property Information
Above Grade Finished Area: 4,651
Foundation Details: Combination, Stone

Financial

Assessments and Fees
Assessed Value: $600,600

Tax Information
Annual Tax Amount: $6,732
Tax Year: 2018

Utilities

Utility Information
Utilities: Sewer Connected, Water Connected
Electic On Property
Electric: 200+ Amp Service
Sewer: Connected, Public Sewer
Water Source: Connected, Public

Heating & Cooling
Has Heating
Heating: Baseboard, Electric, Gas

Location

Multi Unit Information
# Of Units Total: 4
# Of Buildings: 1

Multi Unit Financial Information
Operating Expense: $14,000

Community Information
Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s), Sidewalks

Public facts

Beds: 7
Baths: 3.5
Sq. Ft.: 3,102
Stories: 3.0
Lot Size: 3,049 square feet
Style: Single Family Residential
Year Built: 1740
Year Renovated: 1982
County: Newport County
APN: 362789

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 0.6mi

3/10

Rogers High School

Public 9-12 • Assigned • 1.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 90° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Newport, RI • 02840

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.84M – $2.23M

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Nearby similar homes

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3D WALKTHROUGH

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OPEN SAT, 10AM TO 11:30AM

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FOR SALE BY OWNER

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3D WALKTHROUGH

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New listings for sale in 02840

OPEN SAT, 10AM TO 11:30AM

$899,000

2 beds1.5 baths1,015 sq ft

19 .5 Third St #2, Newport, RI 02840

OPEN SAT, 11AM TO 12:30PM

$699,000

3 beds2 baths906 sq ft

85 Mill St #2, Newport, RI 02840

OPEN SAT, 11AM TO 12:30PM

$425,000

1 bed1 bath869 sq ft

85 Mill St #3, Newport, RI 02840

NEW 27 HRS AGO

$995,000

4 beds2 baths2,260 sq ft

7 8 Warner Pl, Newport, RI 02840

COMING SOON

$4,950,000

4 beds4 baths3,529 sq ft

119 Spring St, Newport, RI 02840

OPEN SUN, 11AM TO 12:30PM

$1,475,000

3 beds2.5 baths1,743 sq ft

72 Third St, Newport, RI 02840

OPEN SAT, 10AM TO 11:30AM

$1,299,000

6 beds4 baths2,596 sq ft

31 Prescott Hall Rd, Newport, RI 02840

$1,200,000

4 beds2 baths1,305 sq ft

31 Slocum St, Newport, RI 02840

OPEN SAT, 10AM TO 11:30AM

$1,050,000

2 beds1 bath1,200 sq ft

453 Bellevue Ave Unit CH, Newport, RI 02840

Home values near 283 Spring St

Data from public records.

Address	Redfin Estimate
277 Spring Street, Newport, RI 4 Beds \| 2 Baths \| 2352 Sq. Ft.	$999,635
277 Spring Street, Newport, RI 4 Beds \| 2 Baths \| 2351 Sq. Ft.	$1,089,367

Address	Redfin Estimate
275 Spring Street, Newport, RI 11 Beds \| 4 Baths \| 5276 Sq. Ft.	$1,627,461
38 Brewer Street, Newport, RI 4 Beds \| 3 Baths \| 2580 Sq. Ft.	$1,024,841

Address	Redfin Estimate
275 Spring Street #271, Newport, RI 8 Beds \| 4 Baths \| 3590 Sq. Ft.	—
33 Ann Street, Newport, RI 8 Beds \| 5 Baths \| 4590 Sq. Ft.	$1,746,169

Property information provided by RIS when last listed in 2018. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02840, RI

Sale history for 283 Spring St

Tax history for 283 Spring St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02840

Home values near 283 Spring St

More real estate resources