Residential

Middletown, RI Residential Land & Home Lots for Sale

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Residential Building Lot within Estate
Updated: Sep 18, 2025
Residential Building Lot within Estate

141 Gray Craig Road, Middletown, RI 02842

$1,750,000
1.39 AC lot
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.
Flat, ready‑to‑develop parcel with access to town water and sewer (or space for private systems).
Surrounded by mature trees and rock outcroppings, providing a beautiful natural backdrop.
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LAND - Middletown, RI
Updated: Jun 17
LAND - Middletown, RI

Reservoir Road, Middletown, RI 02842

$1,295,000
0.18 AC lot
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LAND - Middletown, RI
LAND - Middletown, RI

Revolution Way, Middletown, RI 02842

$305,000
0.16 AC lot

Land · 0.16 Acres

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LAND - Middletown, RI
LAND - Middletown, RI

Revolution Way, Middletown, RI 02871

$325,000
0.17 AC lot

Land · 0.17 Acres

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Middletown, RI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Development Land with Utilities
Residential Development Land with Utilities

78 Narragansett Avenue, Jamestown, RI 02835

$1,000,000
0.34 AC lot

Buildable land in Jamestown with town water and sewer available at the site.

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Jamestown Land Opportunity
Jamestown Land Opportunity

N Main Road, Jamestown, RI 02835

$895,000
1.51 AC lot

Land available in Jamestown, RI, with development or conservation potential.

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Residential Lot in Portsmouth, RI
Residential Lot in Portsmouth, RI

61 Willow Lane, Portsmouth, RI 02871

$449,000
0.43 AC lot

Approved residential lot in Portsmouth, close to water access.

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Buildable Residential Lot with Garage
Buildable Residential Lot with Garage

249 Middle Road, Portsmouth, RI 02871

$399,000
0.47 AC lot

Buildable lot with an approved 3-bedroom septic design and existing garage and shed, abutting conservation land.

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Middletown, RI Residential Land & Home Lots Market Trends and Statistics

Explore 4 residential land & home lots for sale in Middletown, RI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 82,908 square feet of properties for sale, with an estimated market value of $3,675,000.

Sale prices for home sites in Middletown, RI start at $305,000, averaging $918,750, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Residential land & home lots 1

Demographics Overview

Population 17K
Population Growth (5Y) +5.8%
Median Household Income $97,650
College Educated 70.2%

High-Yield Neighborhoods for Investment

Identify Middletown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02842 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $15.53 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Newport County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Newport County

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