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$1,750,000
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Property Description
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! Translate
Full Property Details
Full Property Details for 141 Gray Craig Rd
General
- Price: $1,750,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $9,119 (2024)
- Status: Active
- Type: Lots/Land
- Source: STWMLS
- MLS ID: 1395214
- Updated: 11/9/2025
- Added to Site: 120 day(s) ago
Additional Information
- Tennis: Yes
Location
- County: Newport
- Subdivision: Gray Craig/Beaches/Indian
Utilities
- Water: Public
- Utility Description: Electricity Available, Fiber Optic Available
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 0
Lot Features
- Lot Size (Acres): 1.39
- Lot Size (Sq. Ft.): 60,548
- Lot Size: 60548
- Topography: Level
- Lot Features: Level, Wetlands
- Potential Use: Single Family
- Zoning: Residential
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Tax Amount: $9,119
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Aerial, Site Plan, Survey
- Property ID: 141GRAYCRAIGRDMDLT
- Lot Number: 204
Listed by Lila Delman Compass
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Schools
Schools serving 141 Gray Craig Rd
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Middletown High School 130 Valley Road, Middletown, RI 02842 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 141 Gray Craig Rd
Date
Details
Price
Change
Source
11/09/2025
Price Reduced
$1,750,000
-5.41%
MLS
9/18/2025
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 141 Gray Craig Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,549
5%
$809,900
—
2024
$9,119
36%
$809,900
52%
2023
$6,718
5%
$533,600
—
2022
$6,414
—
$533,600
—
2021
$6,414
—
$533,600
14%
2020
$6,438
—
$467,900
—
2018
$6,434
-7%
$467,900
5%
2016
$6,882
3%
$446,300
—
2015
$6,712
2%
$446,300
9%
2014
$6,565
2%
$408,500
—
2013
$6,418
—
$408,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 141 Gray Craig Rd
141 Gray Craig Road, Middletown, RI 02842 (MLS# 1395214) is a Lots/Land property with a lot size of 1.39 acres. 141 Gray Craig Road is currently listed for $1,750,000 and was received on September 18, 2025. Want to learn more about 141 Gray Craig Road? Do you have questions about finding other Lots/Land real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

