$1,850,000
 $9,931 est/mo Sourced by Back At You

57 Farewell Street,Newport, RI 02840

Newport, RI 02840

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Description

Every Newporter knows this house, the iconic red duplex marking the drive into town on Farewell Street. Local tradition holds it as America's first duplex, built circa 1750, a claim legendary architectural historian Antoinette Downing called a rare and significant example of Colonial-era duplex construction. Built by brothers Joseph and William Cozzens, a hat maker and a wig maker, the house features 12 working fireplaces with original tile surrounds, generously scaled rooms with high ceilings, and original staircases with ornate period detail. Both sides offer formal living rooms, dining rooms, and a study with built-in bookcases, plus two bedrooms and a full bath. 59 Farewell also has a finished third floor with two bedrooms and a bath. One of the original Operation Clapboard restorations, the house was purchased in 1965 by its current owners and lovingly brought back to life as a demonstration project, earning a place in countless books, magazines, and newspaper articles. Outside, a secret garden enclosed by a tall paneled fence offers a private retreat, while dedicated parking on either side serves both residences. Not in the Historic District, the property offers flexibility with renovations and can be converted to two condos without zoning approval, a great investment opportunity. Offered for the first time in over 50 years, this is a rare chance to own one of Newport's true landmarks. Sold AS IS, pre-inspection report available.

Details

MLS #1422890
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1750
Days On Site24
Listing Provided ByGustave White Sotheby's Realty | Shana Speer

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet3,848
BasementY
Story(s)3
Units2
Building(s)1
Acreage0.18

Interior

Rooms Total18
HeatingOil, Baseboard
Heating Yes / NoYes
CoolingNone
Cooling Yes / NoNo
Interior FeaturesWall (Plaster), Attic, Attic Stairs, Attic Storage, Plumbing (Mixed), Insulation (Unknown)
Fireplace Yes / NoYes
Fireplaces Total12
Fireplace FeaturesBrick
Laundry FeaturesIn Building

Exterior

Foundation DetailsBrick/Mortar
Lot FeaturesCorner Lot
Construction MaterialsPlaster, Clapboard

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesNo Garage

Utilities

SewerPublic Sewer
Electric100 Amp Service

Taxes

Tax Annual Amount30091
Tax Assessed Value3169500
Tax Lot161
Tax Year2026

Area Information

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameFarewell
Listing VS Median (in Farewell)
Price:
$1,850,000
low | high
Med:
$1,850,000
50% of Average
sqft:
3,848
low | high
Med:
3,848
50% of Average
$ / sqft:
$481
low | high
Med:
$481
50% of Average
On site:
24
low | high
Med:
24
100% of Average
Sourced by Back At You

Market Activity 02840

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Learn More About This Property

StateRI
CountyNewport
CityNewport
Zip Code02840
AreaNewport
Community NameFarewell
Listing VS Median (in Farewell)
Price:
$1,850,000
low | high
Med:
$1,850,000
50% of Average
sqft:
3,848
low | high
Med:
3,848
50% of Average
$ / sqft:
$481
low | high
Med:
$481
50% of Average
On site:
24
low | high
Med:
24
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.387M - $2.312M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
12 Poplar Street Property Photo 1
$1,999,000
12 Poplar Street
Newport, RI 02840
12 Poplar Street Property Photo 1
$1,999,000
12 Poplar Street
Newport, RI 02840
Listing Updated: September 28, 2026 at 6:40:21 PM PDT
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