About this home

Picture-perfect Point cottage! Offered for the first time in 20 years, 72 Third Street is a charming turn-of-the-century home just two blocks from the water in one of Newport's most beloved neighborhoods. Updated, bright and incredibly functional, the home offers great natural light, central air, two gas fireplaces and a flexible layout with one bedroom and full bath on the main level and two bedrooms upstairs. The fully finished basement, complete with a full bathroom and bulkhead access, adds valuable additional living space. Outside, enjoy a private patio, mature landscaping, gas lantern, beautiful stonework and the rare convenience of off-street parking for two cars. No flood insurance is currently required. Quiet neighborhood setting yet close to downtown, the harbor and easy access on and off the Newport Pell Bridge. With its versatile layout and location, the property also offers excellent rental potential. A classic Newport cottage combining historic charm, modern comfort and everyday practicality.

Facts and features

Schools

• Frank E. Thompson Middle School

  elementary · 5-8 · 0.6 mi

  3

• Rogers High School

  high · 9-12 · 2.0 mi

  4

• St Michaels Country Day School

  elementary · K-8 · 1.2 mi

• Pell Elementary School

  elementary · K-4 · 1.1 mi

  4

• St George's School

  high · 9-12 · 1.8 mi

• Valley Community School Middletown

  elementary · 1.9 mi

Price history

• Sep 26, 2026 · Price Changed$1,429,000
• Sep 2, 2026 · Listed$1,475,000
• Apr 21, 2005 · Sold$490,000
• Jul 22, 2004 · Sold$277,500

Tax history

• 2025$6,896 tax · $960,500 assessed
• 2023$6,243 tax · $629,300 assessed
• 2022$6,048 tax · $629,300 assessed
• 2021$5,871 tax · $629,300 assessed
• 2020$5,181 tax · $504,000 assessed
• 2019$5,181 tax · $504,000 assessed
• 2018$5,035 tax · $504,000 assessed
• 2017$4,738 tax · $422,700 assessed

Home value

$1,382,974

• Quantarium$1,382,974
• Collateral Analytics$1,460,000
• Cotality$1,361,900

Where it is