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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

    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
    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#: 1395214MLS Logo

    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
    DateEventPrice
    11/9/2025Price change$1,750,000-5.4%
    Source: StateWide MLS RI #1395214 Report a problem
    9/18/2025Listed for sale$1,850,000
    Source: StateWide MLS RI #1395214 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 02842

    Nearby schools

    GreatSchools rating

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