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$780,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,920 Sq. Ft.
  • 0.21 Acres
  • 1 Car Garage
  • Updated 4 days ago

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Open House: 4:30 PM - 6:00 PM

Thursday 9/17 4:30 PM - 6:00 PM

340 Old Mill Lane,Portsmouth, RI 02871

340 Old Mill LanePortsmouthRI02871

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Portsmouth living just minutes from the beach! Positioned perfectly near local shorelines and easy Newport routes, this light-filled 3-bedroom, 2-bathroom Ranch offers generous living space and as you step inside to an open-concept main level featuring a fully equipped eat-in kitchen and seamless living area, including a serene primary suite. The fully finished walkout lower level doubles your living space, complete with a sprawling family room, two bonus rooms (perfect for a home office, gym, or guest space), dedicated laundry, and even a custom built-in dog house under the stairs for your furry friends! Outdoors, enjoy effortless coastal living on your private patio, ideal for weekend BBQs, and rinse off after a day at the beach in your private outdoor shower. Complete with a detached garage, strong rental history, and a brand-new septic system, this coastal retreat is ready to serve as your ideal primary home, weekend getaway, or turnkey investment property.

Full Property Details for 340 Old Mill Ln

General

  • Price: $780,000
  • Taxes: $6,782 (2025)
  • Status: Active
  • Type: Single Family
  • Source: STWMLS
  • MLS ID: 1422588
  • Updated: 9/11/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 7
  • Interior Features: Attic, Interior Steps, Stall Shower
  • Fireplace(s): Free Standing
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Hardwood, Other

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Patio, Paved Driveway
  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Total Spaces: 5
  • Parking Features: Detached, Garage

Location

  • County: Newport
  • Subdivision: Old Mill/India Ave
  • Near Highway: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air, Oil

Utilities

  • Sewer: Septic Tank
  • Water: Connected

Structural Information

  • Architectural Style: Ranch
  • Detached/Attached: Detached
  • Construction: Drywall, Masonry, Shingle Siding
  • Basement: Yes
  • Basement Desc.: Exterior Entry, Full, Finished, Interior Entry
  • Stories/Levels: 2
  • Building Size: 1920
  • Square Feet: 1,920
  • Living Area: 1,920 Sq. Ft.
  • Finished Total: 1,920 Sq. Ft.
  • Finished Above Grnd: 960 Sq. Ft.
  • Finished Below Grnd: 960 Sq. Ft.
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147.6
  • Lot Size: 9147.6
  • Lot Features: Corner Lot

Water Features

  • Water Front Desc.: Walk to Water

Financial Considerations

  • Tax Amount: $6,782
  • Tax Year: 2025

Disclosures and Reports

  • Inclusions: Taxes based on the residential resident tax rate of $9.839 per $1, 000 of assessed value.
  • Property ID: 340OLDMILLLANEPORT
  • Lot Number: 127

Listed by Lila Delman Compass

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Listing agent

— 340 Old Mill Ln —

  • Lila Delman Compass

401-338-3771

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 340 Old Mill Ln

School District:Portsmouth School District, Portsmouth, RI
NameGradesDistance
Portsmouth Middle School, Portsmouth, RI
125 Jepson Lane, Portsmouth, RI 02871
5-83.5 mi
Melville School
1351 West Main Road, Portsmouth, RI 02871
K-45 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 340 Old Mill Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2026
Listed
$780,000
132.84%
MLS
5/13/2021
Sold
$335,000
—
Public Record
Get Price Alerts and Save Property
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 for 340 Old Mill Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,607
1%
$346,900
—
2024
$4,572
3%
$346,900
—
2023
$4,433
-2%
$346,900
19%
2022
$4,522
2%
$290,600
—
2021
$4,449
2%
$290,600
—
2020
$4,379
15%
$290,600
25%
2019
$3,798
3%
$231,600
—
2018
$3,699
4%
$231,600
—
2017
$3,571
-1%
$231,600
3%
2016
$3,589
1%
$224,300
—
2015
$3,544
—
$224,300
—
2014
$3,544
2%
$224,300
-6%
2013
$3,460
—
$238,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Lila Delman Compass

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340 Old Mill Lane, Portsmouth, RI 02871 (MLS# 1422588) is a Single Family property with 3 bedrooms and 2 full bathrooms. 340 Old Mill Lane is currently listed for $780,000 and was received on September 11, 2026. Want to learn more about 340 Old Mill Lane? Do you have questions about finding other Single Family real estate for sale in Portsmouth? You can browse all Portsmouth real estate or contact a Coldwell Banker agent to request more information.

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