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$3,195,000

108 Prospect Hill St Newport, RI 02840

4 beds
4 full
2,665 sqft
0.07 acres
$1,199 / sqft
House

Property details

About 108 Prospect Hill St

Built in 1749 and meticulously restored in 2024, this extraordinary Newport home seamlessly blends historic charm with modern luxury. Listed on the National Register of Historic Places, this 2,652 square foot residence features four bedrooms and four beautifully appointed full bathrooms. Thoughtfully designed outdoor spaces with mahogany decks on every level, including the third floor, offer a perfect retreat to enjoy the fresh coastal air. The first floor features a flexible bedroom or den, a dining room with a wet bar, a living room with custom wall paneling and a gas fireplace, all accented by refinished wide-plank white pine floors. The kitchen is a chef's dream, boasting high-end appliances, Taj Mahal quartzite countertops, and exquisite finishes. Upstairs, the primary suite includes a gas fireplace & a luxurious bathroom. A second guest room, a full bathroom, a cozy sitting area, and a laundry room with custom cabinetry complete this level. The third floor offers an additional living space with a custom bar, a full bathroom, and a charming bunk room with three built-in beds. Modern updates include new electrical system, a high-efficiency HVAC system, and a bluestone patio surrounded by a new cedar fence. With two off-street parking spaces and a prime location in the heart of Newport, this home is just steps away from renowned restaurants, shops, and the harbor. A rare opportunity to own a piece of history reimagined for today's discerning buyer!

Highlights

Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air
Size2,665 sqft
BasementYes
Lot size0.0689 Acres
Year built1749
ParkingNo Garage
MLS #1382658
WaterfrontWaterfront
FireplaceGas

Virtual tour

Summary

  • Full Bathrooms: 4
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Wood, Carpet
  • Interior: Wet Bar, Cathedral Ceiling(s), High Ceilings, Skylights, Stall Shower, Tub Shower, Vaulted Ceiling(s)
  • Fireplace: Gas
  • Total Bedroom Count: 4
  • Parking: No Garage
  • Waterfront: Waterfront
  • Exterior: Deck, Patio
  • Architectural Style: Historic/Antique
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • List Price: $3,195,000
  • Price/SqFt: $1,198
  • Annual Tax Amount: $11,310
  • Tax Year: 2024
  • Year Built: 1749
  • Stories: 3
  • Living Area: 2,665 SqFt
  • Lot Size: 0.0689 Acres
  • MLS Number: 1382658
  • MLS Name: RIS
  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/6/2025, 4:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 07, 2023
Home Sold
$1,500,000

Tax history

YearAssessmentProperty Tax
2024$1,375,900$11,310
2023$1,097,200$10,884
2022$1,097,200$10,544
2021$1,097,200$10,237
2020$909,500$9,350
2019$909,500$9,350

History based on county public records data.

Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

1.6 mi

35 Dexter St

5

Joseph Gaudet Academy

Public District 4-4

2.9 mi

1113 Aquidneck Ave

7

Melrose Avenue School

Public District PK-4

3.8 mi

76 Melrose Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,642. The majority of Newport, RI residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
40%
35k-100k
30%
100k-200k
7%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
3%
Single, with Kids
23%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
35%
18-34 yrs old
34%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • VolvoVolvo
  • MazdaMazda

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Newport, RI

Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.

The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.

Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.

Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.

About 108 Prospect Hill St

The listing price of 108 Prospect Hill St property is $3,195,000.

The property 108 Prospect Hill St is a house located in Newport, Rhode Island, 02840.

Active Listing: 108 Prospect Hill St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 108 Prospect Hill St are: Claiborne Pell Elementary School (GreatSchools Rating 4/10), Joseph Gaudet Academy (GreatSchools Rating 5/10), Melrose Avenue School (GreatSchools Rating 7/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Lawn Avenue School (GreatSchools Rating 8/10), Rogers High School (GreatSchools Rating 3/10), Middletown High School (GreatSchools Rating 4/10), North Kingstown High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $11,310 (source: MLS/based on county public records data).

The last sale was on September 7, 2023 for $1,500,000 (source: MLS/tax record).

The property at 108 Prospect Hill St has 4 bedrooms and 4 bathrooms.

The property 108 Prospect Hill St is 2,665 SqFt (source: MLS/tax record).

The year of construction for 108 Prospect Hill St is 1749.

This home is located at 108 Prospect Hill St in Newport, RI and zip code 02840. This 2,665 square foot home, which was built in 1749, sits on a 0.07 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $3,195,000.

In June 2025, from all listings sold in Newport, RI there were more than 5 sold above asking price, over 14 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Newport, RI between May and June 2025 increased by 23.7%. Listings spent 41 days on the market in June 2025, and had a median list price of $958,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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