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For sale
  • $5,100,000

    216 Gray Craig Rd, Middletown, RI 02842

    5beds
    10,263sqft
    : 
    $32,258/mo
    Get pre-qualified
    Single Family Residence
    Built in 1926
    2.76 Acres Lot
    $4,988,700 Zestimate®
    $497/sqft
    $-- HOA

    What's special

    Beautiful patioFamily roomSpacious great roomLarge primary suite
    Built in 1926 and nestled within a 77 acre estate association, “The Stables at Gray Craig" is one of the more peaceful and private residences on Aquidneck Island. Offering 5 bedrooms, 4 full and 2 half baths within more than 10,000ft., the main house and its guest quarters are abundant in period detail and charm. The first level is both elegant and comfortable and is comprised of a spacious great room, an office which leads to a beautiful patio, dining room which is conveniently located next to the expansive kitchen, family room, two bathrooms, and two bedrooms. The second level consists of a large primary suite, a guest bedroom and 2 full baths. The third level is a separate seating area with a private balcony that overlooks spectacular grounds with a wonderful ocean view. The lower level is partially finished w/ a magnificent wine cellar and lounge area, gym and half bath. The original Gray Craig estate was designed by well-known architect Harrie T. Lindeberg and was centered around a chateau-like home which included kennels, greenhouses, a secret garden, tea house, gate house and "The Stables". Currently, the Gray Craig estate is a private association which abuts acres of conservation land and wildlife sanctuaries. Located 2+ miles from Newport and a mile from Sachuest Beach, the location is a perfect retreat for those who desire privacy, but also enjoy having the ocean and all that Newport has to offer within close proximity.
    8 days
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    1,588
    |
    99
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    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Kirton 401-743-2744,

    Lila Delman Compass

    Source: StateWide MLS RI,MLS#: 1419604MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Bathroom
      • Features: Bath w Tub, Bath w Shower Stall
      Heating
      • Oil, Forced Air, Radiant
      Cooling
      • Central Air
      Features
      • Plumbing (Mixed)
      • Flooring: Ceramic Tile, Hardwood, Marble
      • Basement: Partial,Interior and Exterior,Partially Finished,Bath/Stubbed,Common,Wine Cellar
      • Number of fireplaces: 5
      • Fireplace features: Marble, Stone, Wood Burning
      Interior area
      • Total structure area: 10,263
      • Total interior livable area: 10,263 sqft
      • Finished area above ground: 10,263
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 14
      • Parking features: Detached
      • Garage spaces: 4
      Lot
      • Size: 2.76 Acres
      Details
      • Additional structures: Guest House
      • Parcel number: MIDDM0126B00L212
      • Zoning: R-60

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Masonry
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1926

      Utilities & green energy

      • Electric: Circuit Breakers
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Golf, Private School, Public School, Near Shopping, Near Swimming
      HOA
      • Has HOA: No
      Location
      • Region: Middletown

      Financial & listing details

      • Price per square foot: $497/sqft
      • Tax assessed value: $5,107,000
      • Annual tax amount: $43,869
      • Date on market: 8/3/2026

        Estimated market value

        $4,988,700

        $4.74M - $5.24M

        $2,347/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$5,100,000-5.6%$497/sqft
        Source: StateWide MLS RI #1419604 Report a problem
        6/19/2025Listing removed$5,400,000$526/sqft
        Source: StateWide MLS RI #1362082 Report a problem
        6/26/2024Listed for sale$5,400,000-11.5%$526/sqft
        Source: StateWide MLS RI #1362082 Report a problem
        4/5/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/13/2023Listed for rent$10,000+150%$1/sqft
        Source: Zillow Rentals Report a problem
        11/1/2022Listing removed--
        Source: StateWide MLS RI #1312469 Report a problem
        7/13/2022Price change$6,100,000-6.2%$594/sqft
        Source: StateWide MLS RI #1312469 Report a problem
        6/16/2022Listed for sale$6,500,000+4233.3%$633/sqft
        Source: StateWide MLS RI #1312469 Report a problem
        1/19/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/17/2021Price change$4,000-55.6%
        Source: Zillow Rental Manager Report a problem
        11/6/2021Listed for rent$9,000-40%$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/12/2021Listing removed--
        Source: StateWide MLS RI Report a problem
        8/6/2020Listed for rent$15,000+650%$1/sqft
        Source: Hogan Associates #1260422 Report a problem
        6/29/2017Listing removed$2,000
        Source: Century 21 via MLS #1155832 Report a problem
        4/22/2017Price change$2,000-33.3%
        Source: CENTURY 21 Topsail Realty #1155832 Report a problem
        4/5/2017Listed for rent$3,000
        Source: Century 21 Topsail Realty #1155832 Report a problem
        6/10/2014Sold$150,000-90%$15/sqft
        Source: Public Record Report a problem
        2/8/1999Sold$1,500,000$146/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$57,505 $5,107,000
        2024$57,505 -4.2%$5,107,000 +2.3%
        2023$60,024 $4,993,700
        2022$60,024 +15.5%$4,993,700 +15.5%
        2021$51,970 -5.5%$4,323,600 +8.2%
        2020$54,995 +0.1%$3,996,700
        2018$54,955 -6.2%$3,996,700 +5.2%
        2016$58,585 +2.5%$3,799,300
        2015$57,141 +19.5%$3,799,300 +27.6%
        2014$47,832 +2.3%$2,976,500
        2013$46,761 +2%$2,976,500
        2012$45,838 +15.3%$2,976,500
        2011$39,766 -6.7%$2,976,500 -6.7%
        2010$42,618 +0.9%$3,190,000
        2009$42,236 +21.1%$3,190,000 +0.7%
        2007$34,863 +3.9%$3,166,500
        2006$33,565 -4.4%$3,166,500 +47.4%
        2005$35,126 +12.9%$2,148,400 +6%
        2004$31,102 $2,026,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02842

        Getting around

        7 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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