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Residential Land for Sale in Middletown, Rhode Island

141 Gray Craig Rd, Middletown, RI 02842

$1,750,000
1.39 acres
Active
$100k drop
Est $12,746/mo

Nestled within the breathtaking 77-acre Gray Craig estate, this remarkable 1.39-acre building lot offers an idyllic canvas for your dream home. Just a half mile from the serene shores of Second Beach and a mere mile and a half from the vibrant heart of downtown Newport, the location is both harmonious and convenient. Enjoy nearby natural wonders such as Sachuest Wildlife Preserve, Norman Bird Sanctuary, and the picturesque Third Beach and Sweet Berry Farm.

As you meander down the long, stately drive of Gray Craig, you'll immediately sense the unique charm and exclusivity of this property--one of only eight buildable sites within this prestigious estate. This is a rare opportunity to create your own sanctuary in one of the area's last remaining prime lots.

The parcel is perfectly flat and ready for development, with convenient access to town water and sewer services, or ample space for private systems. Surrounded by mature trees and stunning rock outcroppings, this lot not only provides privacy but also a beautiful natural backdrop.

Don't miss your chance to build a truly private estate mere moments from the delightful beaches of Newport. Seize this unparalleled opportunity to embrace coastal living in a serene, upscale setting!

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Location

Street address
141 Gray Craig Rd
Community
Gray Craig/Beaches/Indian
Elevation
55 feet
Coordinates
41.4976, -71.2629

Property details

Acreage
1.39 acres
Zoning
Residential
MLS #
SWMLS 1395214
Posted

Property taxes

2024
$9,119

Expenses

Home Owner Assessments Fee
$500 annually

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Exterior

Features
Historic, Rural, Suburban

Listing history

DateEventPriceChangeSource
Nov 9, 2025Price drop$1,750,000$100,000 -5.4%SWMLS
Sept 18, 2025New listing$1,850,000SWMLS
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This 1.39-acre property is located at 141 Gray Craig Rd in Middletown, RI 02842. The property is available for sale for $1,750,000 with a price per acre of $1,258,993.

Checked 11 mins ago — Updated

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