1 Ichabod Lane Middletown

$3,400,000
8 8.5 8,000 sq ft

The Property

“Restmere” is a magnificent Italianate villa designed in 1857 by renowned architect Richard Upjohn, celebrated for Trinity Church in New York, and Kingscote in Newport. Listed on the National Register of Historic Places, this turnkey estate seamlessly blends 19th-century grandeur with modern comfort. The thoughtful restoration received the prestigious Doris Duke Award and Rhody Award. The property offers 8 bedrooms and 8.5 bathrooms.

The main house features a veranda, 6 bedrooms, 6.5 baths, chef’s kitchen, and formal layout ideal for entertaining. Preserved Old World details include 12-foot ceilings, grand staircase, parquet floors, wainscoting, crown moldings, stained glass, divided-light windows, antique lighting, marble fireplaces, claw-foot tubs, French doors, and antique hardware. The third floor also functions as a separate penthouse apartment with private entrance, 3 bedrooms, 3 baths, laundry, and kitchen, while the detached townhouse apartment offers private entrance, 2 bedrooms, 2 baths, laundry, and kitchen, creating exceptional flexibility for guests or passive income. The above-grade basement boasts 9-foot ceilings, brick walls, arched windows, studio, gallery, pub, and three rooms awaiting conversion. Set on professionally landscaped grounds with stone walls, patios, pergola, fireplace, rose gardens, irrigation, and off-street parking, Restmere is a rare opportunity to become the next steward of an historic estate and family compound.

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Listing Details

MLS Number

1405217

Lot Size:

0.00 acres

Features

  • Basement: Full, Interior and Exterior, Partially Finished, Laundry, Living Room, Office, Storage Space, Utility
  • Hospital
  • Restaurants
  • Schools
  • Shopping
  • Deck
  • Patio
  • Porch
  • Fireplace: Gas, Marble
  • Heating: Oil, Central Air, Forced Water
  • Heating Fuel: Oil, Central Air, Forced Water
  • Cul-De-Sac
  • Paved
  • Sprinklers
  • Year Built: 1857
  • Water Amenities: Walk to Salt Water

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Market Trends for Single Family Homes
in Middletown

  • Overview
    Homes for Sale Today30-93.7% decrease in inventory
    New on Market *10-9.1% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$506.59$26 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,020,062$589,062 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *92.88%7.5% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$525.42$77 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *7926 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Serhant New England

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