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$2,500,000
New Listing

265 Prospect Avenue
Middletown, RI 02842

For Sale|Single Family Residence|Active
7
Beds
6
Total Baths
5
Full Baths
1
Partial Bath
5,000
SqFt
$500
/SqFt
2026
Built
County:
Newport
265 Prospect Avenue265 Prospect Avenue265 Prospect Avenue265 Prospect Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$11,406
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$2,500,000
Days On Site 
0 Days
Bedrooms 
7
Inside Area (SqFt) 
5,000 sqft
Total Baths 
6
Full Baths 
5
Partial Baths 
1
Lot Size 
4.5922 Acres
Year Built 
2026
MLS® Number 
1406343
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Builder
Friends & Family
Recent Activity
15 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
4.5922
Attached Garage 
Yes
Foundation 
CombinationConcrete Perimeter
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
3
Parking 
PavedAttachedGarage
Parking Spaces 
8
Property Condition 
Under ConstructionNew Construction
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
5000
SqFt Total 
5000
Style 
Contemporary
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Basement 
Exterior EntryFullInterior EntryUnfinished
Cooling 
Central Air
Fireplace Features 
None
Flooring 
Hardwood
Heating 
OilOther
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Exterior Features
Construction Details 
Shingle Siding
Patio And Porch 
DeckPorchScreened
Pool Features 
In Ground
Waterfront Features 
Beach Access
Community Features
Community Features 
GolfOtherPoolRestaurantTennis Court(s)
Listing courtesy of James Karalekas of J. Christopher Real Estate Grp (718) 704-8891



Listing information is provided by Participants of the State-Wide MLS of Rhode Island, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, State-Wide MLS of Rhode Island, Inc.
Last checked: 2026-03-14 10:53 AM UTC

Neighborhood & Commute
Source: Walkscore
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