OFF MARKET

Off Market Dec 2021 for $650K

$1,183,662

•

1,974

sq ft

523 Spring St, Newport, RI 02840

About this home

John Carey Jr. , Gardener's Cottage. Mystery surrounds this fabulous property that was once an adjunct to the Oakwood estate - an 1876 classic Queen Anne? Or a colonial structure with 1600's structural elements re-made to Queen Anne style by architects Sturgis & Brigham. Built on-site or moved to present location? In all ways, this cottage adds wonderfully to what makes Newport so special with its abundant architectural appeals and styles. House needs work and will be a superlative when complete. A pre-listing home inspection report is available for serious buyers.

Single-familyProperty Type

1876Year Built

3,851 sq ftLot Size

$600Est. Price/Sq.Ft.

1 car garageParking

Listed by Chan LYELL • Gustave White Sotheby's Realty

Bought with Pawler Garrahan • Residential Properties Ltd.

Redfin checked: a few seconds ago

•Source:RIS #1285758

Redfin Estimate

$1,183,662

$534K since sold in December 2021$28K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.1% lower than the average sale price ($1.39M) of 6 comparable homes.

SOLD JUN 15, 2026
$1,750,000
A
3 beds2.5 baths1,953 sq ft
71 Pope St, Newport, RI 02840
SOLD JUN 23, 2026
$1,675,000
B
3 beds2.5 baths1,560 sq ft
75 Roseneath Ave, Newport, RI 02840
SOLD JUN 11, 2026
$950,000
C
3 beds2 baths1,802 sq ft
5 Meikle Ave, Newport, RI 02840
SOLD APR 30, 2026
$988,200
D
3 beds2.5 baths1,631 sq ft
31 Edward St, Newport, RI 02840
SOLD MAY 1, 2026
$1,795,000
E
5 beds2.5 baths1,909 sq ft
39 Connection St, Newport, RI 02840
SOLD MAR 31, 2026
$1,210,000
F
3 beds2.5 baths1,467 sq ft
59 Houston Ave, Newport, RI 02840

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Earn from this home

Sell

$641,635

Est. take-home

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Rent

$1,665/mo

Redfin rental estimate

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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

NEW 2 HRS AGO
$3,500
1 bed2 baths750 sq ft
65 Ridge Rd, Newport, RI 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 31 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
See all

Provided by Redfin

Redfin agents who toured

Huge amount of potential for an investment property in Newport!
5 years ago• May not reflect the current state of the home
Colleen Mercurio
Redfin Premier agent

Sale history for 523 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$8,904 (+5.7%)

$462,200 + $562,500

$1,024,700

2024

$8,423 (+25.2%)

$462,200 + $562,500

$1,024,700

2023

$6,725 (+3.2%)

$304,200 + $373,700

$677,900

2022

$6,515 (+3.0%)

$304,200 + $373,700

$677,900

2021

$6,325 (+11.9%)

$304,200 + $373,700

$677,900

2020

$5,653

$282,800 + $267,100

$549,900

2019

$5,653 (+2.9%)

$282,800 + $267,100

$549,900

2018

$5,494 (+5.3%)

$282,800 + $267,100

$549,900

2017

$5,217 (+2.6%)

$217,500 + $247,900

$465,400

2016

$5,087 (+2.4%)

$217,500 + $247,900

$465,400

2015

$4,966 (+0.8%)

$217,500 + $247,900

$465,400

2014

$4,925 (+3.0%)

$170,000 + $238,400

$408,400

2013

$4,782 (+3.1%)

$170,000 + $238,400

$408,400

2012

$4,639

$170,000 + $238,400

$408,400

Tax history for 523 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$8,904 (+5.7%)

$462,200 + $562,500

$1,024,700

2024

$8,423 (+25.2%)

$462,200 + $562,500

$1,024,700

2023

$6,725 (+3.2%)

$304,200 + $373,700

$677,900

2022

$6,515 (+3.0%)

$304,200 + $373,700

$677,900

2021

$6,325 (+11.9%)

$304,200 + $373,700

$677,900

2020

$5,653

$282,800 + $267,100

$549,900

2019

$5,653 (+2.9%)

$282,800 + $267,100

$549,900

2018

$5,494 (+5.3%)

$282,800 + $267,100

$549,900

2017

$5,217 (+2.6%)

$217,500 + $247,900

$465,400

2016

$5,087 (+2.4%)

$217,500 + $247,900

$465,400

2015

$4,966 (+0.8%)

$217,500 + $247,900

$465,400

2014

$4,925 (+3.0%)

$170,000 + $238,400

$408,400

2013

$4,782 (+3.1%)

$170,000 + $238,400

$408,400

2012

$4,639

$170,000 + $238,400

$408,400

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

Public record

Public record
Permits

Beds

Baths

2.5

Stories

Lot width

—

Lot depth

—

Lot size

3,920 Sq. Ft.

Year renovated

1987

Sq. Ft.

1,845

Year built

1890

Style

Single Family Residential

County

Newport County

APN

98063

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

May 23, 2023 • Active

Building

Perform structural work to reinforce or replace framing for floor systems and the foundation. Ensure the structure is brought up to code according to the stamped structural plans.

Addition

Feb 22, 2023 • Final

Electrical

Install a temporary electrical service in the front yard.

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 1

Parking
Features: Detached, Garage
# of Parking (Total): 3
# of Covered Spaces: 1

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1

Room Information
# of Rooms (Total): 7
Has Basement
Basement Information: Exterior Entry, Full, Interior Entry, Unfinished

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Features: Masonry

Equipment
Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Washer

Interior Features
Window Features: Storm Window(s)
Flooring: Hardwood
Other Features: Attic, Tub Shower, Cable TV

Exterior

Building Information
Stories: 3
Stories (Total): 3
Construction Details: Plaster, Clapboard, Shingle Siding

Exterior Features
Exterior Features: Patio
Patio And Porch Features: Patio

Lot Information
Lot Size Area: 3,851
Lot Size Acres: 0.0884
Waterfront Features: Walk to Water
Zoning: Res10

Property Information
Above Grade Finished Area: 1,974
Foundation Details: Block, Stone

Financial

Assessments and Fees
Assessed Value: $677,900

Tax Information
Annual Tax Amount: $6,325
Tax Year: 2021

Utilities

Utility Information
Utilities: Sewer Connected
Electric: 100 Amp Service, Circuit Breakers
Sewer: Connected, Public Sewer
Water Source: Public

Heating & Cooling
Has Heating
Heating: Baseboard, Hot Water, Oil, Zoned

Location

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

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,845
Stories: 2.0
Lot Size: 3,920 square feet
Style: Single Family Residential
Year Built: 1890
Year Renovated: 1987
County: Newport County
APN: 98063

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 1.1mi

3/10

Rogers High School

Public 9-12 • Assigned • 0.7mi

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, 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

$1.13M – $1.36M

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New listings for sale in 02840

NEW 2 HRS AGO

$3,500

1 bed2 baths750 sq ft

65 Ridge Rd, Newport, RI 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 31 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

Home values near 523 Spring St

Data from public records.

Address	Redfin Estimate
525 Spring St, Newport, RI 6 Beds \| 4 Baths \| 4550 Sq. Ft.	$2,069,805
521 Spring St, Newport, RI 4 Beds \| 1 Baths \| 1568 Sq. Ft.	$1,182,611

Address	Redfin Estimate
519 Spring St, Newport, RI 3 Beds \| 3.5 Baths \| 2554 Sq. Ft.	$1,756,939
517 Spring St, Newport, RI 3 Beds \| 2 Baths \| 2153 Sq. Ft.	$1,350,762

Address	Redfin Estimate
541 Spring St, Newport, RI 6 Beds \| 3.5 Baths \| 2946 Sq. Ft.	$1,733,911
521 Spring St, Newport, RI 4 Beds \| 1 Baths \| 1552 Sq. Ft.	$1,150,922

Property information provided by RIS when last listed in 2021. 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

Redfin agents who toured

Sale history for 523 Spring St

Tax history for 523 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 523 Spring St

More real estate resources