This home's estimate is 32.3% higher than the average sale price ($936K) of 6 comparable homes.
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331 Third Beach Rd, Middletown, RI 02842
About this home
Beach Bound Beauty! Welcome to 331 Third Beach Road, an Idyllic location: private country seaside living at its best near the Atlantic Ocean with remarkable beaches that neighbor the protected lands of Norman Bird Sanctuary. Bike rides or walks to Sachuest Point National Wildlife Refuge, Sweet Berry Farm, a charming farm market, and Caf . This exceptional location is artistically known as Paradise Valley, surrounded by undeveloped land. This sun-lit ranch-style home offers one-level living, three bedrooms, and two baths, with two unique separate wings for private living. It also has a finished basement, a wood stove-set partial bath, an attached garage, and a quaint front porch with a spacious back deck overlooking pristine considerable grounds with mature gardens, specimen flowering trees, and award-winning rose gardens. A true gardener haven! The property provides an excellent opportunity to live in a secluded and tranquil setting with sensational ocean breezes yet minutes from Newport. Built in the 50s with a solid construction, integrity, and good maintenance, with unique and charming upgrades. Freshly painted with the original Red Oak flooring, all beautifully refinished. The perfect beach house, second home, year-round living, or a possible investment with Airbnb summer weekly rentals allowed. Come view this island oasis, ideally located to enjoy a remarkable coastal saltlife lifestyle. Move in ready!
Redfin Estimate
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Market trends in 02842, RI
Last updated July 2026
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Provided by Redfin
Sale history for 331 Third Beach Rd
$6/sq ft
$6/sq ft
$6/sq ft
$6/sq ft
$7/sq ft
$490/sq ft
$534/sq ft
$5,316/sq ft
$558/sq ft
$534/sq ft
$558/sq ft
$607/sq ft
Tax history for 331 Third Beach Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Garage/Carport Information
- Has Garage
- Has Attached Garage
- # of Garage Spaces: 1
- Parking
- Features: Attached, Garage
- # of Parking (Total): 7
- # of Covered Spaces: 1
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 2
- Room Information
- # of Rooms (Total): 5
- Has Basement
- Basement Information: Full, Interior Entry, Partially Finished
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Features: Insert, Masonry, Wood Burning
- Equipment
- Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Washer
- Interior Features
- Window Features: Thermal Windows
- Door Features: Storm Door(s)
- Furnished
- Flooring: Carpet, Ceramic Tile, Hardwood
- Other Features: Attic, Bathtub, Furnished, Wood Burning Stove
Exterior
- Building Information
- Stories (Total): 1
- Construction Details: Plaster, Masonry, Wood Siding
- Exterior Features
- Exterior Features: Breezeway, Deck, Porch, Paved Driveway
- Patio And Porch Features: Deck, Porch, Screened
- Other Structures: Outbuilding
- Security Features: Security System Owned
- Lot Information
- Lot Size Area: 15,000
- Lot Size Acres: 0.3444
- Waterfront Features: Beach Access, Walk to Water
- Frontage Length: 150
- Zoning: R-20
- Property Information
- Below Grade Finished Area: 260
- Above Grade Finished Area: 1,800
- Foundation Details: Concrete Perimeter
Financial
- Assessments and Fees
- Assessed Value: $785,400
- Tax Information
- Annual Tax Amount: $5,214
- Tax Year: 2023
Utilities
- Utility Information
- Electric: Generator
- Sewer: Private Sewer
- Water Source: Connected, Well
- Heating & Cooling
- Has Cooling
- Has Heating
- Heating: Baseboard, Hot Water, Oil, Zoned
Location
- Community Information
- Community Features: Golf, Marina, Recreation Area
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,791
- Stories: 1.0
- Lot Size: 0.34 acres
- Style: Single Family Residential
- Year Built: 1953
- Year Renovated: —
- County: Newport County
- APN: 525362
Around this home
Schools
Public PreK-3 • Assigned • 1.6mi
Public 6-8 • Assigned • 1.7mi
Public 9-12 • Assigned • 2.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 90° expected this year, 17 days in 30 years
80% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 02842
Home values near 331 Third Beach Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2039 Sq. Ft. | $810,684 |
2 Beds | 3 Baths | 1443 Sq. Ft. | $812,011 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1775 Sq. Ft. | $823,151 |
3 Beds | 3 Baths | 2592 Sq. Ft. | $1,461,872 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1491 Sq. Ft. | $874,542 |
4 Beds | 2.5 Baths | 1491 Sq. Ft. | $852,559 |
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