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For salePrice cut: $250K (8/26)
$1,500,000
5beds
3,112sqft

20 Samson Ln, Middletown, RI 02842

5beds
3,112sqft
Single family residence
Built in 1992
0.47 Acres
2 Attached garage spaces
$482 price/sqft

What's special

Exceptional opportunity to acquire a fully furnished, turnkey short-term rental with a proven track record of success in the heart of Middletown and a fully transferable short-term rental zoning certificate. Generating approximately $347,000 in annual gross rental income, this property offers investors and second-home buyers a rare combination of strong cash flow and coastal lifestyle. Thoughtfully designed to accommodate large groups, this spacious 5-bedroom, 3-bath home spans three levels of living and entertainment space. The main level features an inviting living room, well-appointed kitchen, primary suite, an additional bedroom, and full bath. Upstairs offers three additional bedrooms, a full bath, and laundry area. The lower level is dedicated to entertainment, featuring a game room complete with pool table, foosball, shuffleboard, arcade games, bar area, and private theater room. Outside, guests enjoy a backyard retreat with a hot tub, fire pit, and outdoor seating areas. Ideally located minutes from Middletown's beaches, downtown Newport, shopping, dining, and area attractions, this highly sought-after vacation rental is being offered fully furnished and ready for its next owner to continue generating income from day one. Whether you're seeking a high-performing investment property, a 1031 exchange opportunity, or a coastal getaway with exceptional earning potential, 20 Samson Lane delivers. Financial information and rental history available upon request.

17 days
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841
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37
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Source: StateWide MLS RI,MLS#: 1421640MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Slocum Home Team 401-593-1129,

eXp Realty

Source: StateWide MLS RI,MLS#: 1421640MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
Heating
  • Electric, Natural Gas, Forced Water, Heat Pump
Cooling
  • Ductless
Appliances
  • Included: Electric Water Heater, Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
Features
  • Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
  • Flooring: Hardwood, Vinyl
  • Basement: Full,Interior and Exterior,Partially Finished,Living Room,Media Room,Utility
  • Has fireplace: No
  • Fireplace features: None
Interior area
  • Total structure area: 2,112
  • Total interior livable area: 3,112 sqft
  • Finished area above ground: 2,112
  • Finished area below ground: 1,000
Video & virtual tour

Property

Parking
  • Total spaces: 6
  • Parking features: Attached, Garage Door Opener, Driveway
  • Attached garage spaces: 2
  • Has uncovered spaces: Yes
Features
  • Patio & porch: Deck
Lot
  • Size: 0.47 Acres
Details
  • Parcel number: MIDDM0105B00L611
  • Other equipment: Cable TV

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subtype: Single Family Residence
Materials
  • Dry Wall, Shingles, Vinyl Siding, Wood
  • Foundation: Concrete Perimeter
Condition
  • New construction: No
  • Year built: 1992

Utilities & green energy

  • Electric: 100 Amp Service, Common Meter
  • Utilities for property: Sewer Connected, Water Connected, Underground Utilities

Community & HOA

Community
  • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
HOA
  • Has HOA: No
Location
  • Region: Middletown

Financial & listing details

  • Price per square foot: $482/sqft
  • Tax assessed value: $875,200
  • Annual tax amount: $7,933
  • Date on market: 8/26/2026

Price history

DateEventPrice
8/26/2026Price change$1,500,000-14.3%$482/sqft
Source: StateWide MLS RI #1421640 Report a problem
7/22/2026Price change$1,750,000-7.7%$562/sqft
Source: StateWide MLS RI #1414479 Report a problem
6/11/2026Listed for sale$1,895,000+132.8%$609/sqft
Source: StateWide MLS RI #1414479 Report a problem
1/20/2025Listing removed$4,700$2/sqft
Source: Zillow Rentals Report a problem
12/30/2024Price change$4,700-21.7%$2/sqft
Source: Zillow Rentals Report a problem
12/20/2024Listed for rent$6,000$2/sqft
Source: Zillow Rentals Report a problem
10/3/2024Sold$814,000+1.9%$262/sqft
Source: StateWide MLS RI #1364448 Report a problem
9/26/2024Pending sale$799,000$257/sqft
Source: StateWide MLS RI #1364448 Report a problem
8/19/2024Contingent$799,000$257/sqft
Source: StateWide MLS RI #1364448 Report a problem
8/8/2024Listed for sale$799,000+375.6%$257/sqft
Source: StateWide MLS RI #1364448 Report a problem
12/18/1996Sold$168,000+14.3%$54/sqft
Source: Public Record Report a problem
1/10/1992Sold$147,000$47/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$9,855 $875,200
2024$9,855 +54.3%$875,200 +64.7%
2023$6,387 $531,400
2022$6,387 $531,400
2021$6,387 +5.9%$531,400 +28.2%
2020$6,030 +0.7%$414,400
2018$5,990 +0.5%$414,400 +7.2%
2016$5,961 +2.5%$386,600
2015$5,814 -3.4%$386,600 +3.2%
2014$6,021 +2.3%$374,700
2013$5,887 +2%$374,700
2012$5,770 +15.3%$374,700
2011$5,006 -12.4%$374,700 -12.4%
2010$5,713 +0.9%$427,600
2009$5,661 +8.4%$427,600 -9.8%
2007$5,220 +3.9%$474,100
2006$5,025 +4%$474,100 +60.4%
2005$4,831 +6.5%$295,500
2004$4,536 $295,500

Find assessor info on the county website

Monthly payment

Est. payment
$8,673/mo
Principal & interest
$7735
Property taxes
$938
More affordability toolsChevron Right

Estimated market value

$1,426,700

$1.36M - $1.50M

$5,247/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 02842

Nearby schools

Forest Avenue School
Grades K-31.7 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
Joseph H. Gaudet School
Grades 6-82.2 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
6/10
Middletown High School
Grades 9-122.2 miles
6/10
GreatSchools® Rating
College Readiness Rating
6/10