USARIMiddletown481 Oliphant Ln
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$750,000

For Sale

A day ago

481 Oliphant Ln, Middletown, RI

House

MLS® 1421417

5 Bed

2 Bath

1986 sqft

9 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1986 sqft
Garage Yes
Taxes $6,505
Days Active 1
Lot Size 0.51 Acres
Approx. Age 1900
Avg. Price Per Sqft $377
MLS® Number 1421417

Property Address: 481 Oliphant Ln, Middletown, RI, 02842-4611

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1421417
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1900
BasementFull, Unfinished
DrivewayDetached, Garage
Garage Spaces
HeatBaseboard, Hot Water, Oil, Zoned
A/CWindow Units

Extras

Property has valid lead certificate and Transient Guest License with town of Middletown.

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 24, 2026List Date
$750,000List Price
Dec 16, 2024End Date
$4,000Sold Price

Leased

Nov 6, 2024List Date
$3,800List Price
  • Commute

Commute

Starting Address
Destination Address
481 Oliphant Ln, Middletown, RI

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