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515 Indian Avenue

Middletown, RI 02842
  • $8,295,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1411471
UPDATED: 53 min ago
$8,295,000
  • 4
    BEDS
  • 1.7
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 6,131
    SQFT
  • $1,353
    $/SQFT
Type:
Multi-Family
Built:
1988
County:
Area:

School Ratings & Info

Description

WATERFRONT on INDIAN AVENUE. C ad M le F ilte, One Hundred Thousand Welcomes. An extraordinary waterfront compound located on the historic grounds of Stonybrook Estate. The property features a 4,609 square foot Manor House built in 1988, a historically significant 1,522 square foot Horace Trumbauer Gate House constructed in 1935, and a gunite pool with cabana overlooking the Sakonnet River. This gracious contemporary home was custom-designed with traditional elements including a steeply pitched slate roof, tall gables and half-timbering. Through the front door is a comfortable, open floor plan with stunning water views from nearly every room. The kitchen, living, dining and primary bedrooms all provide access to stone terraces around the pool and lush gardens with opportunities for a relaxing indoor-outdoor lifestyle. Enjoy expansive water views and meticulously landscaped grounds with specimen trees and an English Garden. This bucolic setting is on the rural and much-loved Indian Avenue, just 1.5 miles from beautiful Second and Third Beaches and 15 minutes to downtown Newport.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-05-15T09:37:53.017.
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515 Indian Avenue Middletown, RI 02842

  • Price: $8,295,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 53 min ago
  • MLS #: 1411471
4
Beds
4
Baths
2
½ Baths
1.7
Acres
6,131
SQFT
$1,353
$/SQFT
1988
Built
County:
Newport
Area:
Middletown
Property Description
WATERFRONT on INDIAN AVENUE. C ad M le F ilte, One Hundred Thousand Welcomes. An extraordinary waterfront compound located on the historic grounds of Stonybrook Estate. The property features a 4,609 square foot Manor House built in 1988, a historically significant 1,522 square foot Horace Trumbauer Gate House constructed in 1935, and a gunite pool with cabana overlooking the Sakonnet River. This gracious contemporary home was custom-designed with traditional elements including a steeply pitched slate roof, tall gables and half-timbering. Through the front door is a comfortable, open floor plan with stunning water views from nearly every room. The kitchen, living, dining and primary bedrooms all provide access to stone terraces around the pool and lush gardens with opportunities for a relaxing indoor-outdoor lifestyle. Enjoy expansive water views and meticulously landscaped grounds with specimen trees and an English Garden. This bucolic setting is on the rural and much-loved Indian Avenue, just 1.5 miles from beautiful Second and Third Beaches and 15 minutes to downtown Newport.
Exterior Features

Construction Materials Drywall Masonry Covered Spaces 2 Door Features Storm Door(s) Exterior Features Deck Patio Foundation Details Concrete Perimeter Garage YN Yes Lot Features Private Secluded Waterfront Other Structures Guest House Outbuilding Parking Features Attached Garage Parking Total 10 Patio And Porch Features Deck Patio View Saltwater Water View YN Yes Waterfront Features Beach Front Ocean Front Water Access Walk to Water Waterfront Waterfront YN Yes

Interior Features

Appliances Dryer Dishwasher Exhaust Fan Microwave Oven Oil Water Heater Range Refrigerator Washer Basement Full Interior Entry Unfinished Basement YN Yes Cooling Central Air Cooling YN Yes Fireplace Features Masonry Stone Fireplace YN Yes Fireplaces Total 3 Flooring Ceramic Tile Hardwood Carpet Heating Forced Air Oil Heating YN Yes Interior Features Attic Wet Bar Cedar Closet(s) Stall Shower Tub Shower Window Features Thermal Windows

Property Features

Accessibility Features Accessibility Features Accessible Full Bath Accessible Doors Attached Garage YN Yes Business Type Other Community Features Golf Marina Near Hospital Near Schools Pool Recreation Area Restaurant Shopping Tennis Court(s) Electric 200+ Amp Service Human Modified YN No Land Lease YN No New Construction YN No Operating Expense 0 Pool Features In Ground Property Sub Type Multi Family Security Features Security System Owned Senior Community YN No Sewer Septic Tank Tax Annual Amount 62581 Tax Assessed Value 5308000 Tax Lot 166 Tax Year 2025 Utilities Underground Utilities Water Source Private Well Zoning R60

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Mott & Chace Sotheby's Intl.: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-05-15T09:37:53.017.
 
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John Krekorian | Flagship Forbes Global Properties
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Narragansett RI, 02882