265 Prospect, Middletown, RI, 02842

Rare opportunity to complete a luxurious custom coastal estate a bike ride away from the beaches of Middletown & Newport! Situated on a generous half-acre lot in a highly desirable location, this expansive new construction is currently framed and ready for the next owner to bring the vision to life. The approved plans showcase an impressive 6-bedroom, 4.5-bath main residence thoughtfully designed for modern coastal living and large-scale entertaining. The open, light-filled layout features expansive living areas, a chef-inspired kitchen, and seamless indoor-outdoor flow ideal for gatherings and summer living near the shore. Above the attached two-car garage, the design includes a private 1-bedroom, 1-bath accessory dwelling unit (ADU), perfect for extended family, guests, or flexible living arrangements. Exceptional outdoor living, highlighted by an in-ground pool and generous entertaining spaces with wrap around deck/porch. Offered as-is with framing complete, this property presents a unique opportunity for builders, investors, or buyers seeking to customize a luxury residence in one of the area's most sought-after coastal communities. All architectural plans and design documents will transfer to the new owner, providing a head start toward completing this stunning home. Create your dream retreat just moments from Newport’s world-class beaches, dining, and coastal attractions!

Residential
$2,500,000
Location
City/TownMiddletown
CountyNewport
Community FeaturesBus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area5,000 sq. ft.
Rooms12
HeatingOil, Other
CoolingCentral Air
Additional Information
Tax Assessment$862,000
Exterior
PoolIn Ground
Pool FeaturesIn Ground
Acreage4.5922
Exterior FeaturesDeck, Porch, Screened Pch/Patio/Dck/Brzwy
Waterfront FeaturesAccess, Beach
Listed By: J. Christopher Real Estate Grp

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