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$1,395,000

3 Oak Street
Middletown, RI 02842
Listed by Newport Living Group
Bedrooms
3
Bathrooms
4.5
Living area
2,670 sqft
Year built
2019

About this home

Discover the epitome of versatile luxury on Oak Street! Tucked away on a cul-de-sac in the highly coveted Boulevard neighborhood, this newer-construction Colonial seamlessly balances sophisticated coastal living with unmatched functionality. Whether you are seeking an effortless second home getaway, a lucrative short-term rental investment, or a magnificent year-round residence, this property delivers. Designed for hosting gatherings, the outdoor living space is a masterpiece of design. Entertaining patio features a custom grilling pavilion under an attractive gazebo, complete with stone countertop, wet bar, refrigerator, built-in fire pit, and mounted flat-screen TV. Multiple seating enclaves are scattered throughout a large, manicured lot, offering privacy & tranquility. The pristine three-car garage boasts radiant heated epoxy floors, mounted TV, and convenient full bathroom. Historically used as an elaborate game room, this space serves as a major draw. All three bedrooms feature en-suite bathrooms (all with heated floors), spacious walk-in closets, and mounted TVs, a rare layout maximizing comfort. The primary suite boasts a south-facing balcony & personal wet bar. Third floor expansion for additional bedrooms. Other conveniences include a chef’s kitchen, island, mud room, whole house generator, solar panels, and second-floor laundry. Property has strong rental history. Buyer to do their due diligence to acquire proper licensing and registration for short-term rentals.

Highlights

Fireplace

Property details

MLS #
1416526
Property type
Single Family Residence
Subdivision
The Boulevard | High Street
Status
Active
Days on market
3
On market date
June 29, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
3
Parking spaces
6
Lot size
0.34 sqft
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Claiborne Pell Elementary
0.33 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
10.9:1
District
Newport
Middle
Gaudet Middle School
1.17 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
463
Student:teacher ratio
11.3:1
District
Middletown
High
Middletown High School
0.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
620
Student:teacher ratio
11.9:1
District
Middletown

Walkability

Blended score for Middletown's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

81
Highly walkable
out of 100
EPA National Walkability Index
13.5 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks12
Schools10
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in Middletown, from live MLS data.

On the market 3 days -- 81 fewer days than Middletown's current average of 84 days.
For reference, the median list price across 203 active listings in Middletown right now is $22,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$8,551/mo
$279,000 down
$1,116,000 loan
Principal & interest$7,238
Property tax (est.)$1,163
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated July 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.