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$5,100,000

Listing Price

5beds

5baths

7,763sqft

307,534sqft lot

216 Gray Craig Rd, Middletown, RI 02842

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  • Home value, equity and ownership info

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For Sale

Off Market

Single Family

Home type

656.96

Price / sqft

1926

Year built

Home Details

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.

Interior Details

Square Feet
  • 7763

Bedrooms
  • 5

Bathrooms
  • 5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 307534

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Colonial

Exterior
  • Stone

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Tile

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$54,995

$1,095,800

$2,900,900

--%

$3,996,700

2018

$54,955

$1,095,800

$2,900,900

--%

$3,996,700

2016

$58,585

$1,052,600

$2,746,700

--%

$3,799,300

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Average Home Price in 02842

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$5,100,000

5 Beds

5 Baths

7,763 Sqft

307,534 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
5,100,000
$
Down payment
1,020,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
30,600
$
HOA (Monthly)
0
$
PMI
0
$
$33,013
Your Payment
Total Monthly Payment:$33,013
Percent of Income:566%
Affordable:No

Details for 216 GRAY CRAIG RD

Property Debt

Foreclosure Contact Details

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