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Lot/land
  • $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
    221 days
    |
    293
    |
    16
    |

    Zillow last checked:

    Listing updated:

    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

        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

        YearProperty taxesTax assessment
        2025$9,119 $809,900
        2024$9,119 +42.2%$809,900 +51.8%
        2023$6,414 $533,600
        2022$6,414 $533,600
        2021$6,414 -0.4%$533,600 +14%
        2020$6,438 +0.1%$467,900
        2018$6,434 -6.5%$467,900 +4.8%
        2016$6,882 +2.5%$446,300
        2015$6,712 +2.2%$446,300 +9.3%
        2014$6,565 +2.3%$408,500
        2013$6,418 +2%$408,500
        2012$6,291 +15.3%$408,500
        2011$5,458 -9.3%$408,500 -9.3%
        2010$6,017 +0.9%$450,400
        2009$5,963 +25.8%$450,400 +4.6%
        2007$4,741 +3.9%$430,600
        2006$4,564 +7.3%$430,600 +65.5%
        2005$4,254 +6.5%$260,200
        2004$3,994 $260,200

        Find assessor info on the county website

        Monthly 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.

        Climate risks

        Neighborhood: 02842

        Getting around

        6 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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