OFF MARKET

Off Market Jan 2025 for $1.8M

$2,794,055

•

3,444

sq ft

40 Red Cross Ave, Newport, RI 02840

About this home

Location, Location, Location! This Custom-Built Coastal Cape Cod is located on a beautiful 20,000sq. ft. lot defined by a stone wall, mature plantings, circular drive and ample parking. Hardwood floors throughout, 1st floor Primary Suite with two individual walk-in closets, two private bathrooms, and WFH office. Two additional bedrooms with full bath, spacious living room with wood burning fireplace, formal dining room, wood paneled family room off the kitchen with custom designed wood burning fireplace surrounded by handcrafted tiles and custom cabinetry. The sun filled kitchen has large bay windows overlooking the deck and backyard, custom oak cabinets with designer hardware, floor to ceiling open pantry, charcoal granite countertops, stainless appliances, and breakfast area with French doors to deck & backyard. 2nd floor has a cozy bedroom en suite bath with sitting area/WFH office, ADA accessible 21x26 great room with gas fireplace, half bath, office or potential 5th bedroom. This charming house has several ADA features; stair chair to second floor great room, flat thresholds throughout the 1st floor & a wheelchair lift in the garage. Plus two car garage, storage/wood shed, Generac Generator, city water & natural gas - R20 zone. Enjoy the convenience of living centrally located to the local restaurants, shopping, the Tennis Hall of Fame, the beaches, Cliff Walk, Newport Harbor and Newport Mansions. Fantastic residence or rendezvous destination. Don't miss out on this gem!

Single-familyProperty Type

1953Year Built

0.46 acresLot Size

$811Est. Price/Sq.Ft.

2 car garageParking

Listed by Jennifer O'Hora Lawrence • Lila Delman Compass

Bought with Kara Malkovich • Lila Delman Compass

Redfin checked: a minute ago

•Source:RIS #1372671

Redfin Estimate

$2,794,055

$909K since sold in January 2025$227K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 30.1% higher than the average sale price ($2.15M) of 6 comparable homes.

SOLD JUL 30, 2026
$3,250,000
A
4 beds3.5 baths2,772 sq ft
47 Kane Ave, Middletown, RI 02842
SOLD APR 27, 2026
$1,660,000
B
4 beds5 baths2,648 sq ft
198 Gibbs Ave, Newport, RI 02840
SOLD OCT 28, 2025
$2,445,000
C
4 beds3 baths3,776 sq ft
60 Ayrault St, Newport, RI 02840
SOLD AUG 17, 2026
$1,775,000
D
5 beds4 baths3,288 sq ft
7 Florence Ave, Newport, RI 02840
SOLD DEC 17, 2025
$1,757,000
E
4 beds2.5 baths2,467 sq ft
8 Sylvan St, Newport, RI 02840
SOLD SEP 6, 2026
$2,000,000
F
4 beds4 baths3,605 sq ft
8 Champlin St, Newport, RI 02840

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Earn from this home

Sell

$1,166,592

Est. take-home

List your home with Redfin and save $27,941

Rent

$2,228/mo

Redfin rental estimate

List your home for rent

Market trends in 02840, RI

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.1%

1.0% MoM

Median sale price

$1.0M

$59K MoM

Avg. days on market

46d

10 days MoM

Recently sold homes

4 MoM

New listings for sale

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OPEN SAT, 1PM TO 4PM
$5,995,000
4 beds5 baths5,225 sq ft
1 Harbor View Dr, Newport, RI 02840
$575,000
2 beds2 baths1,015 sq ft
1 Oakwood Ter #7, Newport, RI 02840
OPEN SAT, 10AM TO 11AM
$745,000
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18 Barney St #2, Newport, RI 02840
$3,500,000
5 beds2 baths5,283 sq ft
24 26 Annandale Rd, Newport, RI 02840
$759,000
2 beds2 baths1,300 sq ft
7 Sheffield Ave Unit B, Newport, RI 02849
3D WALKTHROUGH
$999,000
2 beds1.5 baths1,396 sq ft
19 Third St, Newport, RI 02840
$1,225,000
3 beds3 baths2,656 sq ft
15 17 Dennison St, Newport, RI 02840
$749,000
2 beds1 bath888 sq ft
9 Loyola Ter, Newport, RI 02840
OPEN TODAY, 4:30PM TO 6:30PM
$1,490,000
2 beds2.5 baths1,244 sq ft
41 School St #1, Newport, RI 02840
See all

Provided by Redfin

Sale history for 40 Red Cross Ave

Date

Event

Price

RIS #1372671

Jan 17, 2025

Sold

$1,885,000

$547/sq ft

Dec 2, 2024

Pending

—

Dec 2, 2024

Relisted

—

Nov 26, 2024

Listing Removed

—

Nov 7, 2024

Listed

$1,995,000

$579/sq ft

RIS #1337020

Jul 17, 2023

Pending

—

Jul 17, 2023

Listing Removed

—

Jun 5, 2023

Listed

$2,195,000

$637/sq ft

RIS #1330335

May 10, 2023

Listing Removed

—

Mar 13, 2023

Relisted

—

Mar 4, 2023

Contingent

—

Feb 24, 2023

Listed

$2,295,000

$666/sq ft

RIS #745758

Nov 8, 2016

Price Changed

$699,000

$203/sq ft

Oct 31, 2007

Listing Removed

—

Jun 6, 2007

Listed

$749,000

$217/sq ft

RIS #842500

Sep 30, 2008

Sold

$660,000

$192/sq ft

Sep 10, 2008

Listing Removed

—

May 12, 2008

Listed

$699,000

$203/sq ft

RIS #654861

Feb 28, 2007

Listing Removed

—

Sep 3, 2006

Listed

$749,000

$217/sq ft

RIS #544789

Oct 6, 2005

Sold

$605,000

$176/sq ft

Jul 30, 2005

Listing Removed

—

Jul 2, 2005

Listed

$649,500

$189/sq ft

RIS #620402

Mar 20, 1998

Listing Removed

—

Oct 21, 1996

Listed

$247,000

$72/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$15,416 (+5.7%)

$839,800 + $934,400

$1,774,200

2024

$14,584 (+30.1%)

$839,800 + $934,400

$1,774,200

2023

$11,206 (+9.4%)

$535,100 + $594,500

$1,129,600

2022

$10,246 (+3.0%)

$535,100 + $531,100

$1,066,200

2021

$9,948 (+1.3%)

$535,100 + $531,100

$1,066,200

2020

$9,825

$497,000 + $458,700

$955,700

2019

$9,825 (+2.9%)

$497,000 + $458,700

$955,700

2018

$9,547 (+5.1%)

$497,000 + $458,700

$955,700

2017

$9,087 (+2.6%)

$320,000 + $490,600

$810,600

2016

$8,860 (+2.4%)

$320,000 + $490,600

$810,600

2015

$8,649 (−3.1%)

$320,000 + $490,600

$810,600

2014

$8,929 (+3.0%)

$261,800 + $478,600

$740,400

2013

$8,670 (+3.1%)

$261,800 + $478,600

$740,400

2012

$8,411

$261,800 + $478,600

$740,400

Tax history for 40 Red Cross Ave

Year

Property tax

Land + Additions

Assessment*

2025

$15,416 (+5.7%)

$839,800 + $934,400

$1,774,200

2024

$14,584 (+30.1%)

$839,800 + $934,400

$1,774,200

2023

$11,206 (+9.4%)

$535,100 + $594,500

$1,129,600

2022

$10,246 (+3.0%)

$535,100 + $531,100

$1,066,200

2021

$9,948 (+1.3%)

$535,100 + $531,100

$1,066,200

2020

$9,825

$497,000 + $458,700

$955,700

2019

$9,825 (+2.9%)

$497,000 + $458,700

$955,700

2018

$9,547 (+5.1%)

$497,000 + $458,700

$955,700

2017

$9,087 (+2.6%)

$320,000 + $490,600

$810,600

2016

$8,860 (+2.4%)

$320,000 + $490,600

$810,600

2015

$8,649 (−3.1%)

$320,000 + $490,600

$810,600

2014

$8,929 (+3.0%)

$261,800 + $478,600

$740,400

2013

$8,670 (+3.1%)

$261,800 + $478,600

$740,400

2012

$8,411

$261,800 + $478,600

$740,400

*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

Stories

Lot width

—

Lot depth

—

Lot size

0.46 Acres

Year renovated

1987

Sq. Ft.

3,444

Year built

1953

Style

Single Family Residential

County

Newport County

APN

363207

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2

Parking
Features: Attached, Garage, Garage Door Opener
# of Parking (Total): 8
# of Covered Spaces: 2

Interior

Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 2

Room Information
# of Rooms (Total): 13
Has Basement
Basement Information: Exterior Entry, Full, Interior Entry, Unfinished

Fireplace Information
Has Fireplace
# of Fireplaces: 3
Features: Gas, Masonry, Tile

Equipment
Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Water Heater

Interior Features
Window Features: Thermal Windows
Flooring: Ceramic Tile, Hardwood
Other Features: Attic, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Dry Bar, Tub Shower, Cable TV

Exterior

Building Information
Stories: 2
Stories (Total): 2
Construction Details: Drywall, Shingle Siding, Wood Siding

Exterior Features
Exterior Features: Deck, Paved Driveway
Patio And Porch Features: Deck

Lot Information
Lot Size Area: 20,000
Lot Size Acres: 0.4591
Lot Features: Corner Lot
Waterfront Features: Walk to Water
Frontage Length: 300
Zoning: R 20

Property Information
Above Grade Finished Area: 3,444
Foundation Details: Concrete Perimeter

Financial

Assessments and Fees
Assessed Value: $1,744,200

Tax Information
Annual Tax Amount: $14,337
Tax Year: 2025

Utilities

Utility Information
Utilities: Sewer Connected
Electric: Circuit Breakers, Generator
Sewer: Connected, Public Sewer
Water Source: Connected, Public

Heating & Cooling
Has Heating
Heating: Forced Air, Gas, Individual, Zoned

Location

HOA Information
Annually

Community Information
Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)

Public facts

Beds: 4
Baths: 5.0
Sq. Ft.: 3,444
Stories: 2.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1987
County: Newport County
APN: 363207

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 0.7mi

3/10

Rogers High School

Public 9-12 • Assigned • 1.4mi

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

5/10 Heat Factor

7 days above 90° expected this year, 16 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

$2.66M – $3.21M

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OPEN SAT, 1PM TO 4PM

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OPEN SAT, 10AM TO 11AM

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Home values near 40 Red Cross Ave

Data from public records.

Address	Redfin Estimate
36 Red Cross Ave, Newport, RI 5 Beds \| 2.5 Baths \| 2779 Sq. Ft.	$2,715,416
33 Red Cross Ave, Newport, RI 7 Beds \| 4.5 Baths \| 2711 Sq. Ft.	$2,074,537

Address	Redfin Estimate
37 Red Cross Ave, Newport, RI 4 Beds \| 2.5 Baths \| 2938 Sq. Ft.	$1,960,073
43 Red Cross Ave, Newport, RI 12 Beds \| 4 Baths \| 6404 Sq. Ft.	$2,049,544

Address	Redfin Estimate
39 Red Cross Ave, Newport, RI 3 Beds \| 2.5 Baths \| 1944 Sq. Ft.	$1,561,844
37 Red Cross Ave, Newport, RI 4 Beds \| 2.5 Baths \| 2938 Sq. Ft.	$1,998,560

Property information provided by RIS when last listed in 2024. 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 40 Red Cross Ave

Tax history for 40 Red Cross Ave

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 40 Red Cross Ave

More real estate resources