Backup offers
#1377580, Listing Office: Hogan Associates Christie's
$5,400,000 List price
216 Gray Craig Rd Middletown, RI 02842
5 beds
4 full, 2 partial
10,263 sqft
2.8 acres
$526 / sqft
House
Property details
About 216 Gray Craig Rd
Built in 1926 and nestled within a 77 acre estate association, The Stables at Gray Craig" is one of the more peaceful and private residences on Aquidneck Island. Offering 5 bedrooms, 4 full and 2 half baths within more than 10,000ft., the main house and its guest quarters are abundant in period detail and charm. The first level is both elegant and comfortable and is comprised of a spacious great room, an office which leads to a beautiful patio, dining room which is conveniently located next to the expansive kitchen, family room, two bathrooms, and two bedrooms. The second level consists of a large primary suite, a guest bedroom and 2 full baths. The third level is a separate seating area with a private balcony that overlooks spectacular grounds with a wonderful ocean view. The lower level is partially finished w/ a magnificent wine cellar and lounge area, gym and half bath. The original Gray Craig estate was designed by well-known architect Harrie T. Lindeberg and was centered around a chateau-like home which included kennels, greenhouses, a secret garden, tea house, gate house and "The Stables". Currently, the Gray Craig estate is a private association which abuts acres of conservation land and wildlife sanctuaries. Located 2+ miles from Newport and a mile from Sachuest Beach, the location is a perfect retreat for those who desire privacy, but also enjoy having the ocean and all that Newport has to offer within close proximity.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Oil, Radiant
StatusActive
CoolingCentral Air
Size10,263 sqft
BasementYes
Lot size2.76 Acres
Year built1926
ParkingDetached, Garage
MLS #1362082
FireplaceMarble, Stone
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Appliances: Water Heater
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood, Marble
- Interior: Bathtub, Stall Shower, Wine Cellar
- Fireplace: Marble, Stone
- Total Bedroom Count: 5
- Attached Garage: No
- Parking: Detached, Garage
- Architectural Style: Historic/Antique
- Heating: Forced Air, Oil, Radiant
- Cooling: Central Air
- List Price: $5,400,000
- Price/SqFt: $526
- HOA Amount: $500
- HOA Frequency: Monthly
- Annual Tax Amount: $57,505
- Tax Year: 2024
- Year Built: 1926
- Stories: 2
- Living Area: 10,263 SqFt
- Lot Size: 2.76 Acres
- MLS Number: 1362082
- MLS Name: RIS
- Office Name: Lila Delman Compass
- Office Phone: (401) 848-2101
- Office Email: robert.leighton@compass.com
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 1:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,400,000
216 Gray Craig Rd
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 10, 2014 | Home Sold | $150,000 |
| Feb 08, 1999 | Home Sold | $1,500,000 |
| Feb 08, 1999 | Home Sold | $100,000 |
| Feb 03, 1993 | Home Sold | $97,500 |
| Aug 17, 1992 | Home Sold | $315,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,107,000 | $57,505 |
| 2023 | $4,993,700 | $62,871 |
| 2022 | $4,993,700 | $60,024 |
| 2021 | $4,323,600 | $51,970 |
| 2020 | $3,996,700 | $54,995 |
| 2018 | $3,996,700 | $54,955 |
History based on county public records data.
Nearby schools
5
Joseph Gaudet Academy
Public District 4-4
1.6 mi
•1113 Aquidneck Ave
4
Claiborne Pell Elementary School
Public District PK-4
2.3 mi
•35 Dexter St
9
Melville Elementary School
Public District KG-4
5.8 mi
•1351 W Main Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $107,000. Residents of Middletown, RI typically earn between $100k-200k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
10%
<35k
36%
35k-100k
37%
100k-200k
17%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
6%
Single, with Kids
32%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
12%
18-34 yrs old
44%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Middletown, RI
Transportation in Middletown is facilitated by a network of roads that connect residents to neighboring cities and attractions. Public transit options are available, providing connections to key areas within the town and beyond. The community's layout encourages walkability in certain districts, particularly around commercial centers and residential neighborhoods. For those who prefer cycling, there are bike-friendly routes that make navigating the town more accessible. While specific ride-sharing services are not mentioned, such options are commonly used by residents for added convenience.
The community is served by a range of essential services, ensuring residents have access to necessary amenities. The educational landscape includes several public schools that cater to different age groups, as well as private institutions that offer alternative educational pathways. Healthcare needs are met by local clinics and nearby hospitals that provide a spectrum of medical services. Middletown also features a public library system that supports lifelong learning. Retail and dining options are plentiful, with local businesses and eateries reflecting the town's coastal culture and culinary diversity.
Middletown is celebrated for its serene coastal charm and a strong sense of community. The town's character is defined by its picturesque landscapes, including well-maintained beaches and public parks that offer residents a peaceful retreat. Local events and festivals throughout the year, such as the Middletown Founders Day Parade, reflect the town's rich history and foster a sense of pride among residents. The community's ambiance is further enhanced by its commitment to preserving its natural beauty and historical significance.
Middletown's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that span from classic colonial to contemporary. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience. The area's construction history is varied, with many homes dating back to the mid-20th century, while recent developments have introduced modern amenities and designs into the mix.
About 216 Gray Craig Rd
The listing price of 216 Gray Craig Rd property is $5,400,000.
The property 216 Gray Craig Rd is a house located in Middletown, Rhode Island, 02842.
Active Listing: 216 Gray Craig Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 216 Gray Craig Rd are: Joseph Gaudet Academy (GreatSchools Rating 5/10), Claiborne Pell Elementary School (GreatSchools Rating 4/10), Melville Elementary School (GreatSchools Rating 9/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Portsmouth Middle School (GreatSchools Rating 8/10), Middletown High School (GreatSchools Rating 4/10), Rogers High School (GreatSchools Rating 3/10), Portsmouth High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $57,505 (source: MLS/based on county public records data).
The last sale was on June 10, 2014 for $150,000 (source: MLS/tax record).
The property at 216 Gray Craig Rd has 5 bedrooms and 4 full and 2 half bathrooms.
The property 216 Gray Craig Rd is 10,263 SqFt (source: MLS/tax record).
The year of construction for 216 Gray Craig Rd is 1926.
This home is located at 216 Gray Craig Rd in Middletown, RI and zip code 02842. This 10,263 square foot home, which was built in 1926, sits on a 2.76 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $5,400,000.
Over 1 listings were sold over their listed price in April 2025 in Middletown, RI. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price. In April 2025 in Middletown, RI there were 34.3% more homes for sale than in March. In April 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $725,000.
From Rocket Homes Real Estate and based on county public records data.