Single Family Residence at 118 Newport Avenue, Middletown
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$2,989,000

118 Newport Avenue
Middletown, RI 02842
Listed by Dina Karousos/Nicole Lucenti Team
Bedrooms
6
Bathrooms
7
Living area
4,134 sqft
Year built
2026

About this home

BRAND NEW CONSTRUCTION! - READY FOR IMMEDIATE OCCUPANCY - Ideally located just minutes from the beaches in Middletown and the shops, restaurants, and historic charm of downtown Newport, this newly constructed residence offers comfortable coastal open-concept living with thoughtful design throughout.With 6 bedrooms, all with en-suite baths, and 2 1/2 baths, the home works equally well as a primary residence or a second home getaway. The open floor plan suits today’s lifestyle, providing easy flow for everyday living and plenty of room for hosting family and friends. The kitchen, which features an oversized quartz island, and a luxury stainless appliance suite - Subzero 42" Refrigerator, Wolf 36" induction cooktop, Wolfe double ovens, Cove dishwasher, connects seamlessly to the main living area, where one of three gas fireplaces adds warmth and character. A first-floor bedroom offers flexibility for guests or office space, and a separate family room on this level provides additional living options.The second floor includes a spacious family room with a fireplace and three en-suite bedrooms, each with radiant heated bathroom floors for added comfort. The third level offers even more flexible living space, along with two additional en-suite bedrooms, ideal for guests or extended family.With multiple living areas across three levels, this home provides a great balance of shared gathering spaces and private retreats, all in a highly desirable coastal location.

Highlights

Fireplace

Property details

MLS #
1423373
Property type
Single Family Residence
Subdivision
Easton's Point - 1st Beach
Status
Active
Days on market
4
On market date
September 15, 2026
Stories
N/A
Total bathrooms
7
Garage spaces
N/A
Parking spaces
6
Lot size
0.15 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Aquidneck School
0.14 mi away · Grades -1-3
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
308
Student:teacher ratio
12.8:1
District
Middletown
Middle
Frank E. Thompson Middle
1.6 mi away · Grades 5-8
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
565
Student:teacher ratio
9.7:1
District
Newport
High
Middletown High School
1.64 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

56
Somewhat walkable
out of 100
EPA National Walkability Index
8.8 / 20 -- Below average walkable
Nearby-amenity density
73 / 100
Restaurants & cafes11
Grocery stores1
Parks12
Schools4
Transit stops9
Pharmacies0

Market position

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

On the market 4 days -- 81 fewer days than Middletown's current average of 85 days.
For reference, the median list price across 193 active listings in Middletown right now is $15,000.

Mortgage calculator

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

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Est. monthly payment
$18,150/mo
$597,800 down
$2,391,200 loan
Principal & interest$15,509
Property tax (est.)$2,491
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 6 days ago.

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.