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Explore Similar Apartments Within 2 Miles of Melville, RI

  • /31

    $660,000

    • 3 Beds
    • 2 Baths
    • 1,470 Sq Ft

    167 Water St, Portsmouth, RI 02871

    Welcome to 167 Water Street, nestled in Portsmouth's sought-after Water Street neighborhood where stunning water views and a short walk to the shoreline offer the quintessential coastal lifestyle. This classic 3-bedroom Cape is full of New England charm and potential, ready for your vision and personal updates to make it shine. The main home features hardwood floors, sun-filled spaces, and

    Christine Farley Century 21 Topsail Realty

    167 Water St, Portsmouth, RI 02871
  • /25

    $584,200

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft

    188 Greene Ln, Middletown, RI 02842

    CONTRACTORS and INVESTORS TAKE NOTICE! Fantastic opportunity and location near the Navy base with huge potential. Legal 2 family with multiple out buildings. Each unit has 2 beds, 1 bath, living room and eat in kitchen. Laundry is located in the basement. There are 2 oil tanks and 2 heating systems. Needs a complete rehab but well worth the effort. Property is being sold "AS IS" and Subject to

    Trish Gray Century 21 Topsail Realty

    188 Greene Ln, Middletown, RI 02842

Why Live in Melville

Melville, a small neighborhood in Portsmouth with a population of around 1,500, offers a blend of serene beach life and proximity to larger cities. Known for its creative dining scene and stunning mansions, Melville attracts both year-round residents and seasonal visitors. The neighborhood features well-regarded schools, including Melville Elementary, Portsmouth Middle School, and Portsmouth High School, all highly rated. Dining options include the Ragged Island Brewing Company, housed in a remodeled 1890s farmhouse, and the Gulf Stream Bar and Grill, offering seafood in a historic Navy training center. For outdoor activities, residents enjoy the Green Animals Topiary Garden, Portsmouth RI Dog Park, and Glen Park, which hosts various shows and sports facilities. Boating is popular, with several marinas available for docking. Homes in Melville range from inland ranches and bilevels to oceanfront Colonial Revivals and farmhouse-inspired ramblers, often featuring large porches with ocean views. The Carnegie Abbey Golf Club offers exclusive homes with access to a private course and stunning bluff views. While the area is remote, requiring a car for most errands, it remains tranquil and free from heavy traffic and airport noise. Nearby Bristol and Newport provide additional entertainment, including the Newport Folk and Jazz Festivals and the oldest Fourth of July parade in the country.

Home Trends in Melville, RI

Housing Trends

Median Sale Price
$800,000
Median Single Family Sale Price
$1,270,000
Median Townhouse Sale Price
$500,000
Median 2 Bedroom Sale Price
$835,000
Median 1 Bedroom Sale Price
$430,000
Average Price Per Sq Ft
$501
Number of Homes for Sale
15
Last 12 months Home Sales
33
Months of Supply
5.50
Median List Price
$925,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-2%
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