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265 Prospect Avenue, 
Middletown, RI 02842

$2,500,000


7

Beds


6

Baths


5,000

Sq Ft


Single Family


Virtual Tour

Active

Listed by

James Karalekas

J. Christopher Real Estate Grp

Last updated:

March 24, 2026, 10:31 AM

MLS#

1406343

Source:

RI STATEWIDE

About This Home

265 Prospect Avenue

Rare opportunity to complete a luxurious custom coastal estate a bike ride away from the beaches of Middletown & Newport! Situated on a generous half-acre lot in a highly desirable location, this expansive new construction is currently framed and ready for the next owner to bring the vision to life. The approved plans showcase an impressive 6-bedroom, 4.5-bath main residence thoughtfully designed for modern coastal living and large-scale entertaining. The open, light-filled layout features expansive living areas, a chef-inspired kitchen, and seamless indoor-outdoor flow ideal for gatherings and summer living near the shore. Above the attached two-car garage, the design includes a private 1-bedroom, 1-bath accessory dwelling unit (ADU), perfect for extended family, guests, or flexible living arrangements. Exceptional outdoor living, highlighted by an in-ground pool and generous entertaining spaces with wrap around deck/porch. Offered as-is with framing complete, this property presents a unique opportunity for builders, investors, or buyers seeking to customize a luxury residence in one of the area's most sought-after coastal communities. All architectural plans and design documents will transfer to the new owner, providing a head start toward completing this stunning home. Create your dream retreat just moments from Newport's world-class beaches, dining, and coastal attractions!

Home Facts

Single Family

6 Baths

7 Bedrooms

Built in 2026

Price Summary

2,500,000

$500 per Sq. Ft.

MLS #:

1406343

Last Updated:

March 24, 2026, 10:31 AM

Added:

12 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

5

Interior

Living Area:

5,000 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary

Building Area:

5,000 Sq. Ft.

Year Built:

2026


Lot

Lot Size (Sq. Ft):

200,036


Finances & Disclosures

Finances

Price:

$2,500,000

Price per Sq. Ft:

$500 per Sq. Ft.

MLS Logo
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: March 24, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.