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Molly Armando | Tides Real Estate

molly@tidesre.com +1(508) 817-6435

$ 3,350,000

Est. payment -/mo

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1 Ichabod LN Middletown, RI 02842

8 Beds

9 Baths

8,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $418

Subdivision Newport East

MLS Listing ID 1409467

Bedrooms 8

Full Baths 8

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 8,000

Year Built 1857

Annual Tax Amount $12,421

Tax Year 2025

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Multi Family

Property Description

Looking for an owner-occupied investment opportunity in Newport County? "Restmere" is an 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 a Doris Duke Award, and Rhody Award. The main 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 four rooms awaiting ADU conversion. Restmere is a rare opportunity to become the next steward of an historic estate and family compound.

Location

State RI

County Newport

Community Newport East

Rooms

Basement Exterior Entry, Full, Interior Entry, Partially Finished

Interior

Interior Features Attic, Wet Bar, Bathtub, Interior Steps, Stall Shower, Tub Shower

Heating Hot Water, Oil

Cooling Central Air

Flooring Hardwood

Fireplaces Number 3

Fireplaces Type Gas, Marble

Inclusions Third floor tenants in place until 5/31/2026 Townhouse tenants in place until 11/30/2026

Fireplace Yes

Appliance Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Deck, Porch, Patio, Sprinkler/Irrigation

Community Features Near Hospital, Near Schools, Restaurant, Shopping

Waterfront Description Walk to Water

Porch Deck, Patio, Porch

Total Parking Spaces 10

Garage No

Building

Lot Description Cul-De-Sac, Paved, Sprinkler System

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Plaster

New Construction No

Others

Senior Community No

Tax ID 1ICHABODLANEMDLT

Virtual Tour https://tour.RiLiving.com/1-Ichabod-Lane-Middletown-RI-02842--1409467

Listed by Serhant New England

Molly Armando | Tides Real Estate

Broker | License ID: 9585698

+1(508) 817-6435

Molly Armando | Tides Real Estate

1 Ichabod LN Middletown, RI 02842

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1 Ichabod LN