#1387019, Listing office: Residential Properties Ltd.
$2,235,000 List price
2040 E Main Rd Portsmouth, RI 02871
3 beds
3 full, 1 partial
4,488 sqft
$498 / sqft
House
Property details
About 2040 E Main Rd
COASTAL LUXURY AWAITS AT 2040 EAST MAIN RD, PORTSMOUTH, RI! This completely renovated masterpiece is the epitome of modern elegance meets seaside charm. Whether you're looking for a year-round coastal retreat, a vacation getaway, or a high-performing investment property, this home is a rare find that checks every box. Thoughtfully reimagined inside and out, the interior boasts timeless style, high-end finishes, and a layout designed for comfort and entertaining. Outside, your private backyard oasis features a gunite pool and fabulous entertainment space, perfect for relaxing or hosting unforgettable gatherings. Located just minutes from world-renowned Newport, you'll enjoy the ideal blend of peaceful island living with access to vibrant shops, fine dining, and rich historic beauty. And yes the beach is right around the corner, offering everything you'd expect from a premier Rhode Island lifestyle. SCHEDULE YOUR PRIVATE SHOWING TODAY LUXURY COASTAL LIVING STARTS HERE!
Highlights
Home typeSingle Family Residence
HeatingElectric, Forced Air, Heat Pump
StatusActive
CoolingHeat Pump, Central Air
Size4,488 sqft
BasementYes
Year built1989
ParkingAttached, Garage
MLS #1385291
Attached garageYes
WaterfrontBeach
FireplaceInsert, Wood Burning
ViewWater
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
- Basement: Yes
- Flooring Type: Hardwood, Marble
- Interior: Wet Bar, Bathtub, Cathedral Ceiling(s), High Ceilings, Skylights, Stall Shower, Tub Shower, Vaulted Ceiling(s), Cable TV
- Fireplace: Insert, Wood Burning
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Attached, Garage
- Waterfront: Beach
- View: Water
- Exterior: Deck, Porch, Patio, Paved Driveway
- Architectural Style: Contemporary
- Heating: Electric, Forced Air, Heat Pump
- Cooling: Heat Pump, Central Air
- List Price: $2,235,000
- Price/SqFt: $497
- Annual Tax Amount: $7,680
- Tax Year: 2024
- Year Built: 1989
- Stories: 2
- Living Area: 4,488 SqFt
- MLS Number: 1385291
- MLS Name: RIS
- Office Name: Lillian Montalto Signature Prp
- Office Phone: (978) 475-1400
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: 7/24/2025, 2:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 29, 2022 | Home Sold | $660,000 |
| Jul 07, 2000 | Home Sold | $340,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $582,700 | $7,680 |
| 2023 | $582,700 | $7,447 |
| 2022 | $452,800 | $7,086 |
| 2021 | $452,800 | $6,930 |
| 2020 | $461,500 | $6,955 |
| 2019 | $422,300 | $6,926 |
History based on county public records data.
Nearby schools
9
Melville Elementary School
Public District KG-4
0.9 mi
•1351 W Main Rd
10
Hathaway Elementary School
Public District KG-4
2.1 mi
•53 Tallman Ave
6
Fort Barton Elementary School
Public District KG-4
3.5 mi
•99 Lawton Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,632. Residents of Portsmouth, RI typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
38%
35k-100k
32%
100k-200k
14%
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?
30%
Single, No Kids
8%
Single, with Kids
31%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
11%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Portsmouth, RI
Transportation in Portsmouth includes a network of roads that connect residents to nearby cities and amenities. Public transit options are available, with schedules that accommodate the commuting patterns of residents. The town also supports alternative transportation methods, such as biking and walking, with certain areas designed to be particularly pedestrian-friendly. While specific ride-sharing statistics are not mentioned, such services are commonly used in the area.
The community is served by a range of educational institutions, including public and private schools that cater to various educational needs. Healthcare services are accessible, with facilities providing primary care and specialized treatments. The public library system supports lifelong learning and community activities. Retail and dining options reflect the local culture, offering a blend of traditional New England fare and contemporary cuisine.
Portsmouth is known for its serene coastal charm and strong sense of community. The town prides itself on its rich history and natural beauty, with numerous parks and public spaces that encourage outdoor activities. Annual events and local traditions are a testament to the town's cultural vitality and community engagement.
Portsmouth's housing market is characterized by a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, with colonial, ranch, and Cape Cod homes dotting the landscape. The market is balanced with a mix of older homes that reflect the town's historical roots and newer constructions that offer modern amenities. While the exact homeownership rate is not specified, the market suggests a healthy balance between owned and rented properties.
About 2040 E Main Rd
The listing price of 2040 E Main Rd property is $2,235,000.
The property 2040 E Main Rd is a house located in Portsmouth, Rhode Island, 02871.
Active Listing: 2040 E Main Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2040 E Main Rd are: Melville Elementary School (GreatSchools Rating 9/10), Hathaway Elementary School (GreatSchools Rating 10/10), Fort Barton Elementary School (GreatSchools Rating 6/10), Portsmouth Middle School (GreatSchools Rating 8/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Tiverton Middle School (GreatSchools Rating 4/10), Portsmouth High School (GreatSchools Rating 7/10), Middletown High School (GreatSchools Rating 4/10), Tiverton High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $7,680 (source: MLS/based on county public records data).
The last sale was on July 29, 2022 for $660,000 (source: MLS/tax record).
The property at 2040 E Main Rd has 3 bedrooms and 3 full and 1 half bathrooms.
The property 2040 E Main Rd is 4,488 SqFt (source: MLS/tax record).
The year of construction for 2040 E Main Rd is 1989.
This home is located at 2040 E Main Rd in Portsmouth, RI and zip code 02871. This 4,488 square foot home was built in 1989. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $2,235,000.
Over 8 listings were sold over their listed price in June 2025 in Portsmouth, RI. In the same period over 15 listings were sold below the listed price and 3 listings were sold for the listed price. Between May and June 2025, Portsmouth, RI real estate market has seen increase in the number of listings by 15.6%. In June 2025 median list price was $706,250 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.