This place is prime location. You're smack in the middle of town and close enough to everything that if you were in town and wanted to run back to the house to grab a coat or use the bathroom, you could. I could imagine that if you had a few drinks in town, you'd be really happy that you could stumble home easily and safely. We didn't use our car at all while we were in Newport and parking at Jeff's is available.
We even decided to walk down Bellevue to look at the houses from Jeff's place. We were able to stop at a few mansions to look at the outdoor gardens before continuing on to The Breakers. It was a good walk but completely do-able and my favorite activity on our vacation. To give you proximity, we Ubered back from The Breakers for $8.
The house has everything you need from dish soap to paper towels and extra toothbrushes. There was even milk in the fridge when we got there. The outdoor balcony offered some time under the stars as well. Jeff's place is charming and well laid out to feel like home. We're excited to head back there soon.