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Coldwell Banker Realty
481 Oliphant Lane, Middletown, RI 02842
- $700,000
- 5
- BD
- 2
- BA
- 1,986
- SqFt
- Sold Price
- $700,000
- List Price
- $750,000
- Status
- CLOSED
- MLS#
- 1421417
- Closing Date
- Oct 14, 2026
- Year Built
- 1900
- Levels
- Two
- Style
- Colonial
- Bedrooms
- 5
- Bathrooms
- 2
- Acres
- 0.51
- Living Area
- 1,986
- Subdivision
- Oliphant
Property Description
Set on a half-acre lot in the heart of Middletown, 481 Oliphant Lane is a great combination of space, location, and income-producing potential on Aquidneck Island. This 5-bedroom, 2-bath Colonial is minutes from Newport Vineyards, Newport National Golf Club, Wanumetonomy CC, local walking trails, and Middletown's beaches, with downtown Newport approximately 15 minutes away. A Transient Guest license is currently in place, creating an opportunity for legal short-term rental use and added flexibility as a primary residence, second home, or investment property. The first floor offers a spacious kitchen with a brick fireplace, living and dining areas, a full bathroom, and a large bedroom with an adjoining bonus room ideal for a home office, guest space, or additional living area. The second floor includes 4 additional bedrooms, a full bathroom, and original built-ins that add to the home's classic New England character. The property provides a large yard, ample off-street parking, a detached one-car garage, and an additional storage shed, offering plenty of room for year-round or seasonal living. With convenient access to Newport, Portsmouth, the Naval Station Newport, NUWC, beaches, golf courses, vineyards, and the broader Aquidneck Island community, 481 Oliphant Lane is well positioned for buyers seeking a spacious Middletown home with short-term rental potential in a central location.
Additional Information
- Taxes
- $6,505
- Lot Size
- 22,216
- Interior Features
- Tub Shower
- Flooring
- Hardwood
- Heating
- Baseboard, Hot Water, Oil, Zoned
- Cooling System Type
- Window Unit(s)
- Sewer
- Connected, Public Sewer
- Water Source
- Connected, Public
- Appliances
- Dryer, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
- Fireplaces
- 1
- Basement
- Full, Unfinished
- Exterior Features
- Deck, Porch
- Garage Spaces
- 1
- Parking Spaces
- 9
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Listing courtesy of RE/MAX Results. Contact:
Selling Office: Century 21 Topsail Realty.
IDX information is provided exclusively for consumers’ 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 is not guaranteed. © 2026 State-Wide Multiple Listing Service. All rights reserved. Data Last Updated: