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Pending
    • $1,150,000

    227 Prospect Ave, Middletown, RI 02842

    4beds
    2,220sqft
    : 
    $6,916/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    0.58 Acres Lot
    $1,161,700 Zestimate®
    $518/sqft
    $-- HOA

    What's special

    Cozy wood stoveCharming stone wallThree guest bedroomsSpacious family roomEat-in kitchenMature landscapingFormal dining room
    Nestled on a beautifully maintained corner lot in one of Middletown's established neighborhoods, this classic home offers an exceptional opportunity just 1.5 miles from Surfer's End and the area's renowned beaches. Set on a picturesque half-acre of rolling lawn, the property features mature landscaping, a charming stone wall, and a thriving vegetable garden and fantastic deck overlooking the yard. Inside, generous living spaces provide the perfect foundation for your vision. The first floor includes a spacious family room anchored by a cozy wood stove, an eat-in kitchen, formal dining room, formal living room, and a convenient powder room. Upstairs, three guest bedrooms share a full hallway bath, while the primary suite offers its own private full bath. Lovingly maintained over the years, this home is ready for its next chapter. With solid construction, a functional floor plan, and an unbeatable location close to beaches, shopping, schools, and downtown Newport, this is a rare opportunity to personalize a home with great bones in a highly desirable setting.
    55 days
    |
    83
    |
    2
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca King 401-849-3000,

    Gustave White Sotheby's Realty

    Source: StateWide MLS RI,MLS#: 1416346MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bathroom
      • Features: Bath w Shower Stall, Bath w Tub & Shower
      Heating
      • Oil, Forced Water
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
      Features
      • Wall (Dry Wall), Stairs, Plumbing (Mixed), Ceiling Fan(s)
      • Flooring: Hardwood, Carpet
      • Doors: Storm Door(s)
      • Windows: Insulated Windows
      • Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
      • Attic: Attic Storage
      • Number of fireplaces: 1
      • Fireplace features: Brick
      Interior area
      • Total structure area: 2,220
      • Total interior livable area: 2,220 sqft
      • Finished area above ground: 2,220
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Attached, Garage Door Opener, Integral, Driveway
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Deck
      Lot
      • Size: 0.58 Acres
      • Features: Corner Lot, Sidewalks
      Details
      • Parcel number: MIDDM0120B00L622
      • Zoning: R40
      • Other equipment: Wood Stove

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Dry Wall, Clapboard, Wood
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Private, Well
      • Utilities for property: Sewer Connected, Underground Utilities

      Community & HOA

      Community
      • Features: Near Public Transport, Golf, Highway Access, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
      • Subdivision: River Run / Prospect
      HOA
      • Has HOA: No
      Location
      • Region: Middletown

      Financial & listing details

      • Price per square foot: $518/sqft
      • Tax assessed value: $807,300
      • Annual tax amount: $9,514
      • Date on market: 6/25/2026
      • Inclusions: Please note that the taxes noted are at the NON-resident tax rate.

        Estimated market value

        $1,161,700

        $1.10M - $1.22M

        $6,349/mo

        Price history

        DateEventPrice
        7/20/2026Pending sale$1,150,000$518/sqft
        Source: StateWide MLS RI #1416346 Report a problem
        6/28/2026Contingent$1,150,000$518/sqft
        Source: StateWide MLS RI #1416346 Report a problem
        6/25/2026Listed for sale$1,150,000$518/sqft
        Source: StateWide MLS RI #1416346 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,090 $807,300
        2024$9,090 +39%$807,300 +48.3%
        2023$6,541 $544,200
        2022$6,541 $544,200
        2021$6,541 -9.7%$544,200 +6.4%
        2020$7,247 +0.2%$511,300
        2018$7,235 +2%$511,300 +11.2%
        2016$7,093 +2.5%$460,000
        2015$6,918 -1.1%$460,000 +5.7%
        2014$6,994 +2.3%$435,200
        2013$6,837 +2%$435,200
        2012$6,702 +15.3%$435,200
        2011$5,814 -13%$435,200 -13%
        2010$6,684 +0.9%$500,300
        2009$6,624 +8.3%$500,300 -10%
        2007$6,117 +3.9%$555,600
        2006$5,889 +1.3%$555,600 +56.3%
        2005$5,811 +6.5%$355,400
        2004$5,455 $355,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02842

        Getting around

        27 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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