216 Gray Craig Rd Middletown, RI 02842
Sachuest NeighborhoodEstimated payment $32,814/month
Total Views
19,856
5
Beds
6
Baths
10,263
Sq Ft
$526
Price per Sq Ft
Highlights
- Guest House
- Wine Cellar
- Marble Flooring
- Golf Course Community
- 2.76 Acre Lot
- Antique Architecture
About This Home
Built in 1926 and nestled within a 77 acre estate association, The Stables at Gray Craig" is one of the more peaceful and private residences on Aquidneck Island. Offering 5 bedrooms, 4 full and 2 half baths within more than 10,000ft., the main house and its guest quarters are abundant in period detail and charm. The first level is both elegant and comfortable and is comprised of a spacious great room, an office which leads to a beautiful patio, dining room which is conveniently located next to the expansive kitchen, family room, two bathrooms, and two bedrooms. The second level consists of a large primary suite, a guest bedroom and 2 full baths. The third level is a separate seating area with a private balcony that overlooks spectacular grounds with a wonderful ocean view. The lower level is partially finished w/ a magnificent wine cellar and lounge area, gym and half bath. The original Gray Craig estate was designed by well-known architect Harrie T. Lindeberg and was centered around a chateau-like home which included kennels, greenhouses, a secret garden, tea house, gate house and "The Stables". Currently, the Gray Craig estate is a private association which abuts acres of conservation land and wildlife sanctuaries. Located 2+ miles from Newport and a mile from Sachuest Beach, the location is a perfect retreat for those who desire privacy, but also enjoy having the ocean and all that Newport has to offer within close proximity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $43,869
Year Built
- Built in 1926
Lot Details
- 2.76 Acre Lot
- Property is zoned R-60
HOA Fees
- $500 Monthly HOA Fees
Parking
- 4 Car Detached Garage
Home Design
- Antique Architecture
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 10,263 Sq Ft Home
- 2-Story Property
- 5 Fireplaces
- Marble Fireplace
- Stone Fireplace
- Wine Cellar
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Partially Finished Basement
- Partial Basement
- Interior and Exterior Basement Entry
Additional Homes
- Guest House
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Radiant Heating System
- Oil Water Heater
Listing and Financial Details
- Tax Lot 212
- Assessor Parcel Number 216GRAYCRAIGRDMDLT
Community Details
Recreation
- Golf Course Community
Additional Features
- Shops
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $57,505 | $5,107,000 | $1,779,800 | $3,327,200 |
| 2023 | $62,871 | $4,993,700 | $1,227,200 | $3,766,500 |
| 2022 | $60,024 | $4,993,700 | $1,227,200 | $3,766,500 |
| 2021 | $51,970 | $4,323,600 | $1,227,200 | $3,096,400 |
| 2020 | $54,995 | $3,996,700 | $1,095,800 | $2,900,900 |
| 2018 | $54,955 | $3,996,700 | $1,095,800 | $2,900,900 |
| 2016 | $58,585 | $3,799,300 | $1,052,600 | $2,746,700 |
| 2015 | $57,141 | $3,799,300 | $1,052,600 | $2,746,700 |
| 2014 | $47,832 | $2,976,500 | $977,000 | $1,999,500 |
| 2013 | $46,761 | $2,976,500 | $977,000 | $1,999,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2024 06/22/24 | For Sale | $5,400,000 | 0.0% | $526 / Sq Ft |
| 10/18/2022 10/18/22 | Rented | $3,000 | 0.0% | -- |
| 10/07/2022 10/07/22 | For Rent | $3,000 | 0.0% | -- |
| 07/20/2022 07/20/22 | Rented | $3,000 | 0.0% | -- |
| 07/15/2022 07/15/22 | Under Contract | -- | -- | -- |
| 07/02/2022 07/02/22 | For Rent | $3,000 | -- | -- |
Source: State-Wide MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $1,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,566,243 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $1,534,500 | VA | |
| Closed | $750,000 | Balloon | |
| Previous Owner | $3,200,000 | No Value Available | |
| Previous Owner | $250,000 | No Value Available | |
| Previous Owner | $1,500,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: State-Wide MLS
MLS Number: 1362082
APN: MIDD-000126-000000-000212
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