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$900,000
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Property Description
Originally built as a side-by-side duplex, it is currently being used as a spacious single family with office space. This residence features beautiful hardwood floors throughout the main living areas and bedrooms. The home is designed with two heating systems, two hot water tanks, two electrical services, and two water meters, accommodating a multitude of living arrangements. Two wood-burning fireplaces add a cozy touch, while the whole house generator ensures uninterrupted comfort. Currently one kitchen so another would need to be added along with some dividing walls to convert back to a two family. The setup is ideal for multi-generational living, with the flexibility to convert back into two units, as permitted by right. The finished lower level offers ample space for a variety of uses. The private yard, partially fenced, is a tranquil oasis featuring a large deck perfect for relaxation or hosting gatherings. There is a free-standing shed to store yard tools and beach gear. Tucked away in a quiet cul-de-sac, this home promises privacy and tranquility while still being incredibly close to the bustling beaches, chic shopping, and a diverse array of restaurants. Its proximity to the War College, the base, and downtown Newport makes it a coveted location for those seeking the perfect balance of peaceful living and accessibility. Also listed as a single family #1401321
Full Property Details
Full Property Details for 7 Restmere Terrace
General
- Price: $900,000
- Taxes: $8,952 (2025)
- Status: Active
- Type: Multi-Family
- Source: STWMLS
- MLS ID: 1401324
- Updated: 1/15/2026
- Added to Site: 30 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Attic, Stall Shower, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Masonry
- Appliances: Dryer, Oven, Range, Refrigerator, Water Heater, Washer
- Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Deck, Paved Driveway
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 8
- Parking Features: No Garage
Location
- County: Newport
- Subdivision: Miantonomi Av/Boulevard
- Near Highway: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Hot Water, Oil
Utilities
- Sewer: Connected, Public Sewer
- Water: Connected, Multiple Meters, Public
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Architectural Style: SideBySide
- Detached/Attached: Detached
- Construction: Drywall, Plaster, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Unfinished
- Windows: Thermal Windows
- Stories/Levels: 1
- Building Size: 2212
- Finished Total: 2,212 Sq. Ft.
- Finished Above Grnd: 2,212 Sq. Ft.
- Year Built: 1960
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.3534
- Lot Size (Sq. Ft.): 15,392
- Lot Size: 15392
- Lot Features: Cul-De-Sac
Financial Considerations
- Tax Amount: $8,952
- Tax Year: 2025
Disclosures and Reports
- Property ID: 7RESTMERETERMDLT
- Lot Number: 136
Listed by Lila Delman Compass
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Schools
Schools serving 7 Restmere Terrace
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Middletown High School 130 Valley Road, Middletown, RI 02842 | 9-12 | 0.9 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 7 Restmere Terrace
Date
Details
Price
Change
Source
12/18/2025
Listed
$900,000
227.27%
MLS
11/05/2002
Sold
$275,000
—
Public Record
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 7 Restmere Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$759,600
50%
2023
-100%
$506,600
—
2022
$252
—
$506,600
—
2021
$251
—
$506,600
16%
2021
$251
100%
$434,900
—
2018
100%
$434,900
18%
2016
100%
$368,800
—
2015
100%
$368,800
5%
2014
100%
$352,400
—
2013
—
$352,400
—
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 7 Restmere Terrace
7 Restmere Terrace, Middletown, RI 02842 (MLS# 1401324) is a Multi-Family property with 2 units containing 6 bedrooms and 4 full bathrooms. 7 Restmere Terrace is currently listed for $900,000 and was received on December 18, 2025. Want to learn more about 7 Restmere Terrace? 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.

