Nestled within the breathtaking 77-acre Gray Craig estate, this remarkable 1.39-acre building lot offers an idyllic canvas for your dream home. Just a half mile from the serene shores of Second Beach and a mere mile and a half from the vibrant heart of downtown Newport, the location is both harmonious and convenient. Enjoy nearby natural wonders such as Sachuest Wildlife Preserve, Norman Bird Sanctuary, and the picturesque Third Beach and Sweet Berry Farm. As you meander down the long, stately drive of Gray Craig, you'll immediately sense the unique charm and exclusivity of this property—one of only eight buildable sites within this prestigious estate. This is a rare opportunity to create your own sanctuary in one of the area's last remaining prime lots. The parcel is perfectly flat and ready for development, with convenient access to town water and sewer services, or ample space for private systems. Surrounded by mature trees and stunning rock outcroppings, this lot not only provides privacy but also a beautiful natural backdrop. Don't miss your chance to build a truly private estate mere moments from the delightful beaches of Newport. Seize this unparalleled opportunity to embrace coastal living in a serene, upscale setting! Translate
Lot/land
Price cut: $100K (11/9)
$1,750,000
141 Gray Craig Rd, Middletown, RI 02842
--beds
0baths
1.39Acres
Unimproved Land
Built in ----
1.39 Acres Lot
$-- Zestimate®
$--/sqft
$42/mo HOA
What's special
- 82 days |
- 387 |
- 11 |
Zillow last checked: 8 hours ago
Listing updated: November 20, 2025 at 09:22pm
Listed by:
Eric Kirton 401-743-2744,
Lila Delman Compass
Source: StateWide MLS RI,MLS#: 1395214
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Waterfront features: Walk to Salt Water
Lot
- Size: 1.39 Acres
- Features: Historic, Rural, Suburban
- Topography: Level
Details
- Parcel number: MIDDM0126B00L204
- Zoning: r-60
- Zoning description: Residential
- Wooded area: 40
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Connected, Fiber Optic, Electricity Available, Natural Gas Available, Muncipal Water, Sewer Available
Community & HOA
Community
- Features: Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Gray Craig/Beaches/Indian
HOA
- Has HOA: No
- HOA fee: $500 annually
Location
- Region: Middletown
Financial & listing details
- Tax assessed value: $809,900
- Annual tax amount: $9,119
- Date on market: 9/18/2025
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2025 | Price change | $1,750,000-5.4% |
Source: | ||
| 9/18/2025 | Listed for sale | $1,850,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,119 | $809,900 |
| 2024 | $9,119 +42.2% | $809,900 +51.8% |
| 2023 | $6,414 | $533,600 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 02842
Nearby schools
GreatSchools rating
- 6/10Aquidneck SchoolGrades: PK-3Distance: 0.9 mi
- 8/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Middletown High SchoolGrades: 9-12Distance: 1.9 mi
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