OFF MARKET

Off market jan 2019 for $322K

$589,334

•

1,250

sq ft

569 Spring St Unit 1N, Newport, RI 02840

About this home

Welcome to Grey Gables, built in 1870 by Charles Handy Russell for his daughter. This classic Stick Style home has been converted to four spacious condominium units. This incredibly charming 2 bedroom first floor unit has high original tin ceilings and other original architectural details, plus an eat-in kitchen, formal dining room and private entrance. Located in town on the corner of Webster and Spring Street you have off street parking, but can easily walk to all the nearby restaurants, shopping, historical sites, marina and wharves.

CondoProperty Type

1870Year Built

$471Est. Price/Sq.Ft.

1 spaceParking

Listed by Michelle Drum • Gustave White Sotheby's Realty

Listed by Susan Bistline • Gustave White Sotheby's Realty

Bought with Kate Greenman • Gustave White Sotheby's Realty

Redfin checked: 3 minutes ago

•Source:RIS #1210010

Redfin Estimate

$589,334

$267K since sold in January 2019$15K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.1% lower than the average sale price ($787K) of 6 comparable homes.

SOLD SEP 22, 2026
$1,050,000
A
2 beds1 bath1,200 sq ft
453 Bellevue Ave Unit CH, Newport, RI 02840
SOLD SEP 14, 2026
$960,000
B
2 beds2 baths1,272 sq ft
2 Eastnor Rd Unit D, Newport, RI 02840
SOLD SEP 4, 2026
$700,000
C
2 beds1 bath1,064 sq ft
18 Barney St #3, Newport, RI 02840
SOLD AUG 7, 2026
$695,000
D
2 beds2 baths1,235 sq ft
541 Bellevue Ave #6, Newport, RI 02840
SOLD JUL 30, 2026
$575,000
E
2 beds1 bath1,003 sq ft
401 Bellevue Ave #308, Newport, RI 02840
SOLD JUL 16, 2026
$740,000
F
2 beds1 bath1,064 sq ft
18 Barney St #1, Newport, RI 02840

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Earn from this home

Sell

$336,421

Est. take-home

List your home with Redfin and save $5,893

Rent

$3,154/mo

Redfin rental estimate

List your home for rent

Market trends in 02840, RI

Last updated September 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

NEW 16 HRS AGO
$999,990
2 beds2 baths1,129 sq ft
1314 Capella South #1314, Newport, RI 02840
NEW 19 HRS AGO
10 Hammond St, Newport, RI 02840
$1,150,000
6 beds3 baths2,128 sq ft
10 Hammond St, Newport, RI 02840
$3,300,000
4 beds4.5 baths2,883 sq ft
50 School St #8, Newport, RI 02840
OPEN SAT, 10AM TO 11:30AM
$399,000
4 beds1 bath1,472 sq ft
54 Homer St, Newport, RI 02840
$1,200,000
3 beds3 baths2,079 sq ft
7 Sheffield Ave, Newport, RI 02840
OPEN SAT, 10:30AM TO 12PM
$1,200,000
3 beds2.5 baths1,757 sq ft
23 Pell St, Newport, RI 02840
$950,000
2 beds2 baths1,474 sq ft
426 Spring St Unit B101, Newport, RI 02840
$998,000
4 beds3 baths1,860 sq ft
28 Merton Rd, Newport, RI 02840
$825,000
3 beds2 baths1,533 sq ft
12 Blackwell Pl, Newport, RI 02840
$629,000
2 beds1 bath1,174 sq ft
46 Chastellux Ave Unit M7, Newport, RI 02840
See all

Provided by Redfin

Sale history for 569 Spring St Unit 1N

Date

Event

Price

RIS #1403743

Jan 29, 2026

Rental Removed

$5,000

$4/sq ft

Jan 27, 2026

Listed for Rent

$5,000

$4/sq ft

RIS #1377965

Jul 16, 2025

Rental Removed

$2,700

$2/sq ft

Feb 11, 2025

Listed for Rent

$2,700

$2/sq ft

RIS #1352078

Jul 1, 2024

Rental Removed

$4,500

$4/sq ft

Jun 13, 2024

Price Changed

$4,500

$4/sq ft

Feb 2, 2024

Listed for Rent

$5,000

$4/sq ft

RIS #1352070

Feb 2, 2024

Rental Removed

$2,800

$2/sq ft

Feb 1, 2024

Listed for Rent

$2,800

$2/sq ft

RIS #1338287

Jul 31, 2023

Rental Removed

—

RIS #906578

Sep 20, 2019

Price Changed

$108,000

$86/sq ft

Aug 2, 1999

Sold

$102,500

$82/sq ft

Jun 25, 1999

Listing Removed

—

Apr 22, 1999

Listed

$115,000

$92/sq ft

RIS #1210010

Jan 15, 2019

Sold

$322,500

$258/sq ft

Jan 9, 2019

Pending

—

Dec 7, 2018

Contingent

—

Dec 7, 2018

Pending

—

Dec 3, 2018

Price Changed

$350,000

$280/sq ft

Nov 21, 2018

Listed

$365,000

$292/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,798 (+6.2%)

$322,000

2024

$2,635 (−1.1%)

$320,600

2023

$2,664 (+3.3%)

$268,500

2022

$2,580 (+3.0%)

$268,500

2021

$2,505 (+8.0%)

$268,500

2020

$2,320

$225,700

2019

$2,320 (+2.9%)

$225,700

2018

$2,255 (−10.9%)

$225,700

2017

$2,530 (+2.6%)

$225,700

2016

$2,467 (+2.5%)

$225,700

2015

$2,408 (−12.2%)

$225,700

2014

$2,742 (+3.0%)

$227,400

2013

$2,663 (+3.1%)

$227,400

2012

$2,583

$227,400

Tax history for 569 Spring St Unit 1N

Year

Property tax

Land + Additions

Assessment*

2025

$2,798 (+6.2%)

$322,000

2024

$2,635 (−1.1%)

$320,600

2023

$2,664 (+3.3%)

$268,500

2022

$2,580 (+3.0%)

$268,500

2021

$2,505 (+8.0%)

$268,500

2020

$2,320

$225,700

2019

$2,320 (+2.9%)

$225,700

2018

$2,255 (−10.9%)

$225,700

2017

$2,530 (+2.6%)

$225,700

2016

$2,467 (+2.5%)

$225,700

2015

$2,408 (−12.2%)

$225,700

2014

$2,742 (+3.0%)

$227,400

2013

$2,663 (+3.1%)

$227,400

2012

$2,583

$227,400

*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

—

Year renovated

1982

Sq. Ft.

960

Year built

1900

Style

Condo/Co-op

County

Newport County

APN

246882

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Parking
Features: Assigned, No Garage
# of Parking (Total): 1

Interior

Bathroom Information
# of Full Bathrooms: 1

Room Information
# of Rooms (Total): 5
Has Basement
Basement Information: Interior Entry, Partial, Unfinished

Laundry Information
Features: Common Area

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Masonry

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

Interior Features
Flooring: Hardwood, Laminate
Other Features: Tub Shower, Cable TV

Exterior

Building Information
Stories: 3
Stories (Total): 3
Building Name: Grey Gables
Construction Details: Drywall, Plaster, Clapboard

Lot Information
Lot Features: Corner Lot
Waterfront Features: Walk to Water
Zoning: R10

Property Information
Above Grade Finished Area: 1,250
Entry Location: First Floor Access,Private Entry
Entry Level: 1
Foundation Details: Combination, Stone

Financial

Assessments and Fees
Assessed Value: $225,700

Tax Information
Annual Tax Amount: $2,254.74
Tax Year: 2018

Rental Information
Pets Allowed Details: Call, Cats OK, Dogs OK, No, Negotiable, No Pet Restrictions, Size Limit, Yes

Utilities

Utility Information
Electric: 100 Amp Service
Sewer: Public Sewer
Water Source: Multiple Meters, Public

Heating & Cooling
Has Heating
Heating: Gas, Hot Water

Location

Multi Unit Information
# Of Units In Community: 4

HOA Information
Association Fee: $240
Monthly

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

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 960
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1900
Year Renovated: 1982
County: Newport County
APN: 246882

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 1.3mi

3/10

Rogers High School

Public 9-12 • Assigned • 0.6mi

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, 15 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

$560,000 – $678,000

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Nearby similar homes

NEW 16 HRS AGO

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New listings for sale in 02840

NEW 16 HRS AGO

$999,990

2 beds2 baths1,129 sq ft

1314 Capella South #1314, Newport, RI 02840

NEW 19 HRS AGO

$1,150,000

6 beds3 baths2,128 sq ft

10 Hammond St, Newport, RI 02840

$3,300,000

4 beds4.5 baths2,883 sq ft

50 School St #8, Newport, RI 02840

OPEN SAT, 10AM TO 11:30AM

$399,000

4 beds1 bath1,472 sq ft

54 Homer St, Newport, RI 02840

$1,200,000

3 beds3 baths2,079 sq ft

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OPEN SAT, 10:30AM TO 12PM

$1,200,000

3 beds2.5 baths1,757 sq ft

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2 beds2 baths1,474 sq ft

426 Spring St Unit B101, Newport, RI 02840

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Home values near 569 Spring St Unit 1N

Data from public records.

Address	Redfin Estimate
569 Spring Street #1S, Newport, RI 2 Beds \| 1.5 Baths \| 1180 Sq. Ft.	$651,722
569 Spring Street #3, Newport, RI 2 Beds \| 1 Baths \| 1190 Sq. Ft.	$578,263

Address	Redfin Estimate
571 Spring Street, Newport, RI 8 Beds \| 3 Baths \| 6014 Sq. Ft.	—
569 Spring Street #2, Newport, RI 3 Beds \| 1 Baths \| 1450 Sq. Ft.	$881,127

Address	Redfin Estimate
573 Spring Street, Newport, RI 4 Beds \| 3 Baths \| 2440 Sq. Ft.	$1,732,793
567 Spring Street, Newport, RI 6 Beds \| 3.5 Baths \| 3817 Sq. Ft.	$2,381,374

Property information provided by RIS when last listed in 2026. This data may not match . Learn more.

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