Beautifully renovated 3-bedroom 2.5 bath Middletown home that combines classic charm with modern elegance. This 1,800-square-foot residence sits high on a corner lot and is flooded with natural light. The open floor plan is lined with windows creating a bright living and dining area adjacent to a gourmet kitchen. It is a true entertainer's dream with a large island with a quartz countertop and stainless-steel appliances. The first floor also offers a flex room that is currently used as a laundry area and office. The Murphy bed makes the bonus room the perfect space for overflow guests. The second floor is home to three bedrooms and two full bathrooms including the primary en-suite that is complete with a walk-in closet and original details that were preserved to keep the character of the home. There are beautiful hardwood floors throughout the home as well as mini splits to keep the house cool on summer days. The property is fully fenced-in and professionally landscaped. In addition, the house is wired for a hot tub, and there is a gravel area perfect for a fire pit. The back deck and ample parking with easy access to all that Middletown and Newport make this the perfect coastal retreat. The property has a strong history of short-term rental. Buyer to do their due diligence to acquire proper licensing and registration for short-term rentals.
Sold for $970,000
$970,000
299 Prospect Ave, Middletown, RI 02842
3beds
1,560sqft
Single Family Residence
Built in 1900
4,791.6 Square Feet Lot
$1,004,400 Zestimate®
$622/sqft
$7,575 Estimated rent
Home value
$1,004,400
$824,000 - $1.24M
$7,575/mo
Zestimate® history
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$4,707/mo
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Zillow last checked:
Listing updated:
Listed by:
Newport Living Group 401-338-3771,
Lila Delman Compass
Bought with:
Dan Babich, RES.0034612
HomeSmart Professionals
Source: StateWide MLS RI,MLS#: 1372729
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bathroom
- Level: Second
Bathroom
- Level: First
Other
- Level: Second
Other
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Other
- Level: First
Living room
- Level: First
Mud room
- Level: First
Storage
- Level: Lower
Heating
- Electric, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood
- Basement: Full,Interior Entry,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
- Finished area above ground: 1,560
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Features
- Patio & porch: Deck
- Fencing: Fenced
- Waterfront features: Walk To Water
Lot
- Size: 4,791 sqft
- Features: Corner Lot
Details
- Parcel number: MIDDM0120B00L48
- Zoning: R20
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Wood
- Foundation: Stone
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Private, Well
- Utilities for property: Sewer Connected, Water Available
Community & neighborhood
Community
- Community features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Recreational Facilities, Restaurants, Near Shopping, Near Swimming, Tennis
Location
- Region: Middletown
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listing removed | $10,000$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/6/2026 | Price change | $10,000-16.7%$6/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2026 | Price change | $12,000-20%$8/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/12/2025 | Listed for rent | $15,000$10/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/21/2025 | Sold | $970,000-2.5%$622/sqft |
Source:  StateWide MLS RI #1372729 Report a problem | ||
| 1/15/2025 | Pending sale | $995,000$638/sqft |
Source: StateWide MLS RI #1372729 Report a problem | ||
| 12/20/2024 | Contingent | $995,000$638/sqft |
Source: StateWide MLS RI #1372729 Report a problem | ||
| 12/12/2024 | Price change | $995,000-9.5%$638/sqft |
Source: StateWide MLS RI #1372729 Report a problem | ||
| 11/11/2024 | Listed for sale | $1,100,000+147.7%$705/sqft |
Source: StateWide MLS RI #1372729 Report a problem | ||
| 10/15/2020 | Sold | $444,000-1%$285/sqft |
Source: StateWide MLS RI #1248863 Report a problem | ||
| 6/17/2020 | Price change | $448,500-2.3%$288/sqft |
Source: WILLIAM RAVEIS CHAPMAN ENSTONE #1248863 Report a problem | ||
| 3/4/2020 | Listed for sale | $459,000$294/sqft |
Source: WILLIAM RAVEIS CHAPMAN ENSTONE #1248863 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,399 | $657,100 |
| 2024 | $7,399 +47.1% | $657,100 +57% |
| 2023 | $5,030 | $418,500 |
| 2022 | $5,030 | $418,500 |
| 2021 | $5,030 -9.4% | $418,500 +19.5% |
| 2020 | $5,551 +0.2% | $350,100 |
| 2018 | $5,539 +19.3% | $350,100 +16.3% |
| 2016 | $4,641 +2.5% | $301,000 |
| 2015 | $4,527 -0.6% | $301,000 +6.2% |
| 2014 | $4,553 +2.3% | $283,300 |
| 2013 | $4,451 +2% | $283,300 |
| 2012 | $4,363 +12.4% | $283,300 -2.5% |
| 2011 | $3,882 -7.5% | $290,600 -7.5% |
| 2010 | $4,199 +0.9% | $314,300 |
| 2009 | $4,161 +7.4% | $314,300 -10.7% |
| 2007 | $3,874 +3.9% | $351,900 |
| 2006 | $3,730 +3.5% | $351,900 +59.6% |
| 2005 | $3,605 +6.5% | $220,500 |
| 2004 | $3,385 | $220,500 |
Find assessor info on the county website
Neighborhood: 02842
Nearby schools
GreatSchools rating
- 10/10Aquidneck SchoolGrades: PK-3Distance: 0.2 mi
- 6/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Middletown High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,004,400
Get a cash offer in 3 minutes
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Estimated market value
$1,004,400
- Rhode Island
- Newport County
- Middletown
- 02842
- 299 Prospect Ave
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