Gray Craig Estate Building
For Sale
$1,750,000
141 Gray Craig Road Middletown, Middletown, RI 02842
1.39-acre building lot near Newport beaches and downtown.
Property SizeContact for details
Lot Size1.39 Acres
Days on Market91
Property Features for 141 Gray Craig Road Middletown
General Information
Standard status
Active
Lot size
1.39 Acres
Property subtype
Land
Zoning
r-60
Taxes and HOA fees
Annual Taxes
$9,119
Listing Agency:
(508) 501-1443
Listed By:
Crystal Silva
(508) 501-1443
Source:
Milestonerealtyinc
Added: May 15
Changed: Aug 8
Last Checked: Aug 8 at 7:40AM
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 Crystal Silva
Investment Insights
Based on property information with market context.
Located within the 77-acre Gray Craig estate, this 1.39-acre building lot offers a setting for residential construction. The property is situated approximately a half mile from Second Beach and one and a half miles from downtown Newport. Nearby points of interest include Sachuest Wildlife Preserve, Norman Bird Sanctuary, Third Beach, and Sweet Berry Farm. The property is one of eight buildable sites within the Gray Craig estate. The parcel is flat and ready for development, with access to town water and sewer services, and space for private systems. Mature trees and rock outcroppings surround the lot, providing privacy and a natural backdrop. This property offers the opportunity for coastal living in an upscale setting.
Key Highlights
- 1.39‑acre building lot within the prestigious 77‑acre Gray Craig estate, offering exclusivity and privacy.
- Prime location: half mile from Second Beach and 1.5 miles from downtown Newport.
- One of only eight buildable sites within Gray Craig, representing a rare opportunity.
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 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: 1.39‑acre building lot within the prestigious 77‑acre Gray Craig estate, offering exclusivity and privacy.; Prime location: half mile from Second Beach and 1.5 miles from downtown Newport.; One of only eight buildable sites within Gray Craig, representing a rare opportunity.
