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$815,000
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Property Description
Completely renovated from top to bottom, this impressive side-by-side duplex offers a perfect balance of modern design, comfort, and versatility ideal for both owner-occupants and savvy investors alike. Ideally located just off Boulevard, less than 3 miles from First and Second Beach and only 1 mile from downtown Newport, it's a rare opportunity to own a fully updated property in one of Aquidneck Island's most desirable coastal neighborhoods. Each townhouse-style unit features two spacious bedrooms and one full bath, with open-concept layouts and brand-new full kitchens showcasing modern cabinetry, countertops, appliances, and lighting. Every surface has been refreshed with refinished hardwood floors, updated electrical and LED fixtures, and energy-efficient mini-split systems for year-round comfort. The improvements extend to the exterior with a new front fa ade, new interior and exterior doors, new walkways, new entry lighting, and fresh landscaping that enhance the home's curb appeal. Each unit also includes private patios, in-unit laundry, and full dry basements offering ample storage space. Set on a generous corner lot, the property provides off-street parking for up to five vehicles and a spacious backyard perfect for entertaining or relaxing outdoors. Move-in ready and minutes from beaches, shops, restaurants, and downtown Newport, this turnkey duplex delivers it all modern living, prime location, and excellent investment potential
Full Property Details
Full Property Details for 1 Shangri-La Ln
General
- Sold For: $815,000
- Taxes: $4,863 (2025)
- Status: Closed
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1409005
- Added to Site: 96 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Attic, Interior Steps, Permanent Attic Stairs, Storage, Stall Shower
- Fireplace(s): None
- Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
- Flooring: Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit
Additional Information
- Tennis: Yes
Parking
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Fenner Ave
- Near Highway: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Baseboard, Ductless, Electric, Gas
Utilities
- Sewer: Connected, Public Sewer
- Water: Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: Side By Side
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
- Stories/Levels: 2
- Building Size: 1764
- Finished Total: 1,764 Sq. Ft.
- Finished Above Grnd: 1,764 Sq. Ft.
- Year Built: 1944
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 6534
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $4,863
- Tax Year: 2025
- Tenant Pays: Hot Water
Disclosures and Reports
- Property ID: 13SHANGRI-LALANEMDLT
- Lot Number: 19
Listed by Residential Properties Ltd.
Sold by Cote Partners Realty LLC
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Schools
Schools serving 1 Shangri-La Ln
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Aquidneck School 70 Reservoir Road, Middletown, RI 02842 | PK-3 | 1 mi |
Joseph Gaudet Academy 1113 Aquidneck Avenue, Middletown, RI 02842 | 4- | 1.4 mi |
Joseph H. Gaudet School 1113 Aquidneck Avenue, Middletown, RI 02842 | 5-8 | 1.4 mi |
Middletown High School 130 Valley Road, Middletown, RI 02842 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Shangri-La Ln
Date
Details
Price
Change
Source
6/24/2026
Sold
$815,000
-1.81%
MLS
4/28/2026
Price Reduced
$830,000
-2.35%
MLS
4/02/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1 Shangri-La Lane, Middletown, RI 02842 (MLS# 1409005) is a Multi-Family property that was sold at $815,000 on June 24, 2026. Want to learn more about 1 Shangri-La Lane? Do you have questions about finding other Multi-Family real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

