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4 Beds
6 Baths
6,131 sqft

$7,900,000

515 Indian Avenue, Middletown RI, 02842

Price per sqft$1,288.53
Built in1988
Property size6,131 sqft
Property typeMulti-family

Overview

Under contract

Active Under Contract

Listed Apr 30, 2026

Updated 4 days ago

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.

$52,559/mo

Est. mortgage payment based on a $7,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1411471

Interior Features

Bedrooms
4
Bathrooms
6
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1.7 Acres

Other Property Details

Taxes
$62,581
Tax Frequency
Annually
Garage
Yes
View
Yes
Pool
Yes
Waterfront
Yes
55+/Senior Community
No

Courtesy of Mott & Chace Sotheby's Intl., 401-266-9900

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Mott & Chace Sotheby's International 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.

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Data last updated 4:19 AM UTC, 9/30/2026.

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