Gray Craig Estate Building
For Sale
$1,750,000
141 Gray Craig Road, Middletown, RI 02842
1.39-acre building lot near Newport beaches and downtown.
Property Size60,548 SF
Lot Size1.39 Acres
Price / SF$28.90
Days on Market373
Property Features for 141 Gray Craig Road
General Information
Standard status
Active
Size
60,548 SF
Lot size
1.39 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$9,119
Amenities
40.0
Listing Agency:
Compass
(401) 743-2744
Listed By:
Eric Kirton · License #REB.0018697
(401) 743-2744
Source:
Compass
Added: Aug 5, 2025
Changed: Aug 8
Last Checked: Jul 16 at 4:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This 1.39-acre building lot is located within the 77-acre Gray Craig estate, approximately a half mile from Second Beach and one and a half miles from downtown Newport. Nearby natural areas include Sachuest Wildlife Preserve, Norman Bird Sanctuary, Third Beach, and Sweet Berry Farm. The property is one of eight buildable sites within the estate. The parcel is flat and ready for development, with access to town water and sewer services, or space for private systems. Mature trees and rock outcroppings surround the lot, providing privacy and a natural backdrop. This property offers the opportunity to build a private estate near Newport beaches.
Key Highlights
- Prime 1.39‑acre building lot within the prestigious 77‑acre Gray Craig estate.
- Conveniently located: half mile to Second Beach and 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 building lot near Newport beaches and downtown.
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 and 1.5 miles to downtown Newport.; One of only eight buildable sites, offering exclusivity and privacy.
