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561 Indian Avenue Middletown

$2,969,950
4 5.1 5,572 sq ft

The Property

Located in one of Aquidneck Island’s most coveted areas, this sprawling Indian Avenue waterfront home has been enjoyed by one family for generations. Originally built in 1860, the home was completely remodeled in 2004 while preserving it’s undeniable character and charm. With over 5,500 sq ft of living space, each room flows nicely from one to the next, with wide entryways, high ceilings and hardwoods throughout. The large foyer leads to a quaint library w/fireplace.

Beyond, is the living room w/fireplace, offering exceptional views of the Sakonnet River with french doors leading to both the expansive stone patio and covered porch. The west side of the home offers a cozy family room with fireplace, a dining room and large kitchen (one of two), a pantry, laundry room and full bath. The second kitchen was added during the remodel and opens to the patio area. On the second floor, the master suite has cathedral ceilings with a private balcony overlooking the water. A second bedroom also has a private balcony, with views of the water to the south. Two additional bedrooms and two full baths, one with the convenience of second floor laundry. There are extra sleeping areas which could also be used for an office, workout room or sitting areas. The property is further enhanced by a 3+ acre waterfront lot with beach access, which is preserved, maintained and enjoyed by a small, private association. Mooring available.

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Listing Details

MLS Number

1251055

Lot Size:

0.92 acres

Features

  • Basement: Full
  • Balcony
  • Masonry
  • Patio
  • Porch
  • Shingles
  • Storm Door
  • Wood
  • Fireplace: Brick
  • Heating: Forced Air
  • Heating Fuel: Oil
  • Extra Lot
  • Waterfront
  • Waterview
  • Type: Cottage
  • Year Built: 1860
  • Water Amenities: Beach, Mooring, River, Saltwater Front, Saltwater View, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Middletown

  • Overview
    Homes for Sale Today32-88.6% decrease in inventory
    New on Market *15-11.8% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$310.19$92 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$568,995$39,687 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *97.99%-0.4% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$308.49$14 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8914 increase 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 Gustave White Sotheby's Realty

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