$5,400,000

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

  • 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: 2/22/2025, 6:20:49 AM 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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $107,000. The majority of Middletown, RI residents have income between $100k-200k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

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/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Middletown, RI

About 216 Gray Craig Rd

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.

In January 2025, from all listings sold in Middletown, RI there were more than 2 sold above asking price, over 11 sold below and more than 3 were sold right at the asked price. Between December and January 2025, Middletown, RI real estate market has seen decrease in the number of listings by 7%. In January 2025 median list price was $719,000 and the average listing age was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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