Residential Building Lot within
For Sale
$1,750,000
141 Gray Craig Road, Middletown, RI 02842
LAND - Middletown, RI
Lot Size1.39 Acres
Days on Market317
Property Features for 141 Gray Craig Road
General Information
Property type
Land
Property subtype
Other
Zoning
r-60
Zoning description
Residential
Subdivision
Gray Craig/Beaches/Indian
Lot features
Historic, Rural, Suburban
Standard status
Active
Lot size
1.39 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9119
HOA Fee
$500 Annually
Utilities
Utilities
Natural Gas Available
Listing Agency:
Lila Delman Compass
(401) 848-2101
Listed By:
Eric Kirton · License #REB.0018697
(401) 743-2744
Added: Sep 18, 2025
Changed: Jul 23
Last Checked: Jul 31 at 12:06AM
MLS# 1395214
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.39-acre residential building lot sits within the 77-acre Gray Craig estate and is described as perfectly flat and ready for development. The parcel is set among mature trees and includes rock outcroppings, offering a natural, private setting for a future home.
The property is located at 141 Gray Craig Road in Middletown, with access to town water and sewer services noted in the remarks, or room for private systems. The estate setting provides a long, stately drive to the site, and the surrounding area includes nearby coastal and conservation amenities referenced in the listing, including Second Beach, Third Beach, Sachuest Wildlife Preserve, and Norman Bird Sanctuary.
The remarks also note the estate contains only eight buildable sites, positioning this lot as one of a limited number of opportunities within the Gray Craig property.
The property is located at 141 Gray Craig Road in Middletown, with access to town water and sewer services noted in the remarks, or room for private systems. The estate setting provides a long, stately drive to the site, and the surrounding area includes nearby coastal and conservation amenities referenced in the listing, including Second Beach, Third Beach, Sachuest Wildlife Preserve, and Norman Bird Sanctuary.
The remarks also note the estate contains only eight buildable sites, positioning this lot as one of a limited number of opportunities within the Gray Craig property.
Key Highlights
- Prime 1.39‑acre building lot within the prestigious 77‑acre Gray Craig estate.
- Conveniently located: half mile to Second Beach, 1.5 miles to downtown Newport.
- One of only eight buildable sites, offering exclusivity and privacy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 02842, RI
17,115
Population
8,255
Households
2.1
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
1,369
Density / Sq Mi
$97,650
Median Household Income
$47,307
Median Earnings
$1,906
Median Rent
$536,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.39-acre, flat building lot in a limited eight-site estate with utilities access and natural privacy features.
Where is this residential land & home lot located?
The property is located at 141 Gray Craig Road Middletown, RI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime 1.39‑acre building lot within the prestigious 77‑acre Gray Craig estate.; Conveniently located: half mile to Second Beach, 1.5 miles to downtown Newport.; One of only eight buildable sites, offering exclusivity and privacy.
