40 Indian Terrace, Middletown, RI 02842 - Photo 1

1/1

$867,500

Sold
Closed
Multi-Family
2 Units
4 Total Beds
0.51 Acres

1/1

Property Description

Nestled in one of Middletown's most picturesque areas, this single-story bungalow offers a rare combination of privacy and location. Set on a secluded lot surrounded by mature trees, the home provides a serene retreat while still being just a short walk to Pebble Beach on Indian Avenue. A legal 2 family, this property has endless potential as a year-round residence, vacation home, or investment opportunity. Its peaceful setting and proximity to the coastline make it a unique chance to create your dream home in one of Aquidneck Island's most desirable neighborhoods.

Full Property Details

Full Property Details for 40 Indian Terrace

General

Sold For: $867,500
Taxes: $6,993 (2024)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1396167
Added to Site: 114 day(s) ago

Interior

Number of Rooms: 8
Interior Features: Attic, Storage, Skylights, Stall Shower, Tub Shower, Wood Burning Stove
Fireplace: Yes
Number of Fireplaces: 3
Fireplace(s): Insert, Masonry, Wood Burning
Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
Flooring: Ceramic Tile, Hardwood

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: In Unit

Exterior

Exterior Features: Patio
Porch/Patio/Deck: Patio

Parking

Total Spaces: 6
Parking Features: No Garage

Location

County: Newport
Subdivision: Pebble Beach

Heating & Cooling

Cooling Type: None
Heating Type: Hot Water, Oil

Utilities

Sewer: Septic Tank
Water: Well
Well: Yes

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Drywall, Shingle Siding
Basement Desc.: Crawlspace
Windows: Skylight(s)
Stories/Levels: 1
Building Size: 2032
Finished Total: 2,032 Sq. Ft.
Finished Above Grnd: 2,032 Sq. Ft.
Year Built: 1957

Lot Features

Lot Size (Acres): 0.51
Lot Size (Sq. Ft.): 22,216
Lot Size: 22216
Fencing (Description): Fenced

Water Features

Water Front Desc.: Walk to Water

Financial Considerations

Operating Expenses: $5,855
Tax Amount: $6,993
Tax Year: 2024

Disclosures and Reports

Property ID: 40INDIANTERMDLT
Lot Number: 40

Listed and Sold by Jamestown Real Estate LLC

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— 40 Indian Terrace —

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Schools

Schools serving 40 Indian Terrace

School District:Middletown School District

Name	Grades	Distance
Joseph Gaudet Academy 1113 Aquidneck Avenue, Middletown, RI 02842	4-	2.2 mi
Aquidneck School 70 Reservoir Road, Middletown, RI 02842	PK-3	2.5 mi
Joseph H. Gaudet School 1113 Aquidneck Avenue, Middletown, RI 02842	5-8	2.2 mi
Middletown High School 130 Valley Road, Middletown, RI 02842	9-12	2.5 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 40 Indian Terrace

Date

Details

Price

Change

Source

11/07/2025

Sold

$867,500

-1.14%

MLS

9/25/2025

Listed

$877,500

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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