Exceptional custom-built post-and-beam home on coveted Third Beach Road. A short distance to the Norman Bird Sanctuary and beaches in artistically known, Paradise Valley. Designed for passive solar, with high end systems and thoughtful, recent upgrades by the present owners. Mature gardens including meditation stone created by renowned artist/mason, Fud Benson. Inviting indoor/outdoor flow, bluestone patio, outdoor shower for sandy summer days, with abundant perennials and four season outdoor beauty. Radiant heat throughout the first floor, stone fireplace & wood storage, central air, outdoor generator, and finished lower level with loads of storage, temperature-controlled Wine Room, full bath including refreshing Steam Room. The original structure was built in 1982 and includes a one-car garage. An addition was completed in 1999 to include large family room and fireplace and a separate oversized attached garage with bonus room, full bath above plus a subterranean garage and separate dry attic for added storage. An oasis in Middletown with easy commute into Newport and off island.
Single-familyProperty Type
1982Year Built
0.92 acresLot Size
$615Est. Price/Sq.Ft.
2 car garageParking
Listed by Kim Fleming• Gustave White Sotheby's Realty
Bought with Fitzpatrick Team• RE/MAX Profnl. Newport, Inc.
Extremely well-built/maintained passive solar design w/ many high-end system upgrades. Office over gar w/ lav. Fin. basemt includes bath w/ steamshower. Extensive landscaping. Outdoor shower. Many extras. Beautifully done house in terrific setting.
Year
Property tax
Land + Additions
Assessment*
2025
$14,188 (+4.7%)
$476,400 + $727,000
$1,203,400
2024
$13,550 (+0.3%)
$476,400 + $727,000
$1,203,400
2023
$13,514 (+4.7%)
$322,200 + $751,200
$1,073,400
2022
$12,902 (+43.9%)
$322,200 + $751,200
$1,073,400
2021
$8,968 (−2.1%)
$322,200 + $423,900
$746,100
2020
$9,160
$281,300 + $384,400
$665,700
2018
$9,153 (−3.0%)
$281,300 + $384,400
$665,700
2016
$9,432 (+2.5%)
$267,900 + $343,800
$611,700
2015
$9,200 (+4.0%)
$267,900 + $343,800
$611,700
2014
$8,845 (+2.3%)
$218,100 + $332,300
$550,400
2013
$8,647 (+2.0%)
$218,100 + $332,300
$550,400
2012
$8,476
$218,100 + $332,300
$550,400
Tax history for 240 Third Beach Rd
Year
Property tax
Land + Additions
Assessment*
2025
$14,188 (+4.7%)
$476,400 + $727,000
$1,203,400
2024
$13,550 (+0.3%)
$476,400 + $727,000
$1,203,400
2023
$13,514 (+4.7%)
$322,200 + $751,200
$1,073,400
2022
$12,902 (+43.9%)
$322,200 + $751,200
$1,073,400
2021
$8,968 (−2.1%)
$322,200 + $423,900
$746,100
2020
$9,160
$281,300 + $384,400
$665,700
2018
$9,153 (−3.0%)
$281,300 + $384,400
$665,700
2016
$9,432 (+2.5%)
$267,900 + $343,800
$611,700
2015
$9,200 (+4.0%)
$267,900 + $343,800
$611,700
2014
$8,845 (+2.3%)
$218,100 + $332,300
$550,400
2013
$8,647 (+2.0%)
$218,100 + $332,300
$550,400
2012
$8,476
$218,100 + $332,300
$550,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.