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$2,850,000

3 Bridge St Newport, RI 02840

5 beds
4 full, 1 partial
3,134 sqft
0.08 acres
$909 / sqft
House

Property details

About 3 Bridge St

A Historic Gem Reimagined in Newport! Welcome to the Joseph Stevens Penny Post House, a masterfully restored Georgian residence built in the 18th century and fully renovated in 2017. This historic treasure includes a main house and a fully remodeled 780-square-foot Folly Guest House with atrium a rare dual-dwelling blocks from Newport Harbor. The main residence features 4 bedrooms, 3 full and 1 half baths, and showcases beautifully exposed post-and-beam timbers, custom caf -style blinds, and three gas fireplaces. The open-concept living/dining are ideal for entertaining, a stunning wine bar and a chef's kitchen with quartz countertops, JennAir appliances, custom cabinetry, and high-end fixtures. The 2nd floor offers 3 spacious bedrooms and 2 luxurious baths, with stain-resistant porcelain tile and Hansgrohe multi-head showers. 2 original wood-burning fireplaces add warmth and character. The 3rd floor loft includes a full bath, perfect for guests. The Folly Guest House is a striking blend of modern design and historic charm, features post-and-beam architecture, an airy atrium, and a spiral staircase. The loft has a bedroom with back-lit crown molding, a full bath with laundry, and natural light. New plumbing, electrical, HVAC, and water/sewer lines.3 off st parking spots, 2 res st passes, a prime location near Thames St shops, restaurants, and entertainment, a rare opportunity to own a true piece of Newport's architectural legacy elegantly modernized for today's lifestyle.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas, Radiant
StatusActive
CoolingDuctless, Central Air
Size3,134 sqft
BasementYes
Lot size0.0793 Acres
Year built1790
ParkingNo Garage
MLS #1390702
WaterfrontWaterfront
FireplaceInsert, Gas, Masonry, Stone

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Other
  • Interior: Stall Shower, Tub Shower
  • Fireplace: Insert, Gas, Masonry, Stone
  • Total Bedroom Count: 5
  • Parking: No Garage
  • Waterfront: Waterfront
  • Exterior: Patio
  • Architectural Style: Colonial, Historic/Antique
  • Heating: Forced Air, Natural Gas, Radiant
  • Cooling: Ductless, Central Air
  • List Price: $2,850,000
  • Price/SqFt: $909
  • Annual Tax Amount: $16,368
  • Tax Year: 2024
  • Year Built: 1790
  • Stories: 2
  • Living Area: 3,134 SqFt
  • Lot Size: 0.0793 Acres
  • MLS Number: 1390702
  • MLS Name: RIS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (401) 845-6900

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: 7/26/2025, 8:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 25, 2018
Home Sold
$1,575,000
Oct 18, 2016
Home Sold
$450,000

Tax history

YearAssessmentProperty Tax
2024$1,991,300$16,368
2023$1,262,800$12,527
2022$1,262,800$12,136
2021$982,800$9,170
2020$905,100$9,304
2019$905,100$9,304

History based on county public records data.

Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

1.2 mi

35 Dexter St

5

Joseph Gaudet Academy

Public District 4-4

2.6 mi

1113 Aquidneck Ave

7

Melrose Avenue School

Public District PK-4

3.4 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 $74,449. Most Newport, RI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
47%
35k-100k
19%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
3%
Single, with Kids
27%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
25%
18-34 yrs old
44%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Yoga/pilatesYoga/pilates
  • Symphony or OperaSymphony or Opera
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • H&MH&M
  • Chico'sChico's
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market
  • Bob EvansBob Evans

What do the neighbors drive?

  • AudiAudi
  • VolvoVolvo
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • NewsNews
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 3 Bridge St

The listing price of 3 Bridge St property is $2,850,000.

The property 3 Bridge St is a house located in Newport, Rhode Island, 02840.

Active Listing: 3 Bridge St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3 Bridge 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 $16,368 (source: MLS/based on county public records data).

The last sale was on September 25, 2018 for $1,575,000 (source: MLS/tax record).

The property at 3 Bridge St has 5 bedrooms and 4 full and 1 half bathrooms.

The property 3 Bridge St is 3,134 SqFt (source: MLS/tax record).

The year of construction for 3 Bridge St is 1790.

This home is located at 3 Bridge St in Newport, RI and zip code 02840. This 3,134 square foot home, which was built in 1790, sits on a 0.08 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $2,850,000.

In June 2025 more than 5 listings in Newport, RI were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 14 were sold below. 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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