OFF MARKET

Off market dec 2020 for $1.3M

$2,154,421

Est. refi paymentEst. refi $8,988/mo

•

3,080

sq ft

516 Third Beach Rd, Middletown, RI 02842

About this home

"Sachuest Farm" Private horse farm compound containing a main house, guest cottage, barn, and just under 4 acres all a short walk from Middletown's beaches. This is the first time in several generations this property has been offered for sale. Directly across the street from the Norman Bird Sanctuary and surrounded by several other conserved parcels you get the feeling of being in the country with close proximity to Newport and the ocean beaches. A 2 bedroom main house, a 2 bedroom cottage, and an 8 stall barn currently provide ample income and create a quaint and charming costal farm steps from the beach. An extremely rare opportunity.

Multi-familyProperty Type

1978Year Built

3.86 acresLot Size

$699Est. Price/Sq.Ft.

3 car garageParking

Listed by David Huberman • Gustave White Sotheby's Realty

Bought with David Huberman • Gustave White Sotheby's Realty

Redfin checked: a minute ago

•Source:RIS #1265904

Redfin Estimate

$2,154,421

$829K since sold in December 2020$74K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20% higher than the average sale price ($1.80M) of 6 comparable homes.

SOLD JUN 3, 2026
$1,225,000
A
4 beds3 baths2,864 sq ft
20 Bartlett Rd, Middletown, RI 02842
SOLD FEB 27, 2026
$1,700,000
B
4 beds3 baths3,422 sq ft
79 Peckham Ln, Middletown, RI 02842
SOLD JUL 8, 2026
$3,400,000
C
4 beds3.5 baths3,537 sq ft
56 Summerfield Ln, Middletown, RI 02842
SOLD AUG 13, 2026
$945,500
D
4 beds4 baths3,208 sq ft
141 Peckham Rd, Little Compton, RI 02837
SOLD AUG 27, 2026
$2,200,000
E
4 beds3 baths3,457 sq ft
6 Moorings Way, Little Compton, RI 02837
SOLD DEC 30, 2025
$1,300,000
F
4 beds2.5 baths3,303 sq ft
10 Bartlett Rd, Middletown, RI 02842

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Earn from this home

Sell

$1,088,672

Est. take-home

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Refinance

Est. cash available

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Market trends in 02842, RI

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.7%

0.5% MoM

Median sale price

$734K

$41K MoM

Avg. days on market

57d

5 days MoM

Recently sold homes

5 MoM

New listings for sale

VIDEO TOUR
$925,000
3 beds2 baths1,933 sq ft
32 Bliss Mine Rd, Middletown, RI 02842
$3,500,000
2 beds2.5 baths2,167 sq ft
575 Tuckerman Ave #2, Middletown, RI 02842
$550,000
3 beds1 bath1,092 sq ft
20 Wood Rd, Middletown, RI 02842
$895,000
3 beds3 baths1,842 sq ft
484 Oliphant Ln, Middletown, RI 02842
$2,870,000
5 beds4 baths4,622 sq ft
157 Ellery Ave, Middletown, RI 02842
$946,000
2 beds2 baths1,436 sq ft
31 Loring St, Middletown, RI 02842
$3,675,000
4 beds5 baths4,509 sq ft
188 Allston Ave, Middletown, RI 02842
See all

Provided by Redfin

Sale history for 516 Third Beach Rd

Year

Property tax

Land + Additions

Assessment*

2025

$20,783 (+4.7%)

$1,172,900 + $356,400

$1,529,300

2024

$19,850 (−0.8%)

$1,172,900 + $356,400

$1,529,300

2023

$20,002 (+4.8%)

$786,300 + $283,300

$1,069,600

2022

$19,092

$786,300 + $283,300

$1,069,600

2021

$786,300 + $283,300

$1,069,600

2020

$276,700 + $262,300

$539,000

2018

$276,700 + $262,300

$539,000

2016

$263,300 + $242,000

$505,300

2015

$263,300 + $242,000

$505,300

2014

$223,000 + $245,300

$468,300

2013

$223,000 + $245,300

$468,300

2012

$223,000 + $245,300

$468,300

Tax history for 516 Third Beach Rd

Year

Property tax

Land + Additions

Assessment*

2025

$20,783 (+4.7%)

$1,172,900 + $356,400

$1,529,300

2024

$19,850 (−0.8%)

$1,172,900 + $356,400

$1,529,300

2023

$20,002 (+4.8%)

$786,300 + $283,300

$1,069,600

2022

$19,092

$786,300 + $283,300

$1,069,600

2021

$786,300 + $283,300

$1,069,600

2020

$276,700 + $262,300

$539,000

2018

$276,700 + $262,300

$539,000

2016

$263,300 + $242,000

$505,300

2015

$263,300 + $242,000

$505,300

2014

$223,000 + $245,300

$468,300

2013

$223,000 + $245,300

$468,300

2012

$223,000 + $245,300

$468,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

3.86 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Newport County

APN

92203

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 3

Parking
Features: Attached, Detached, Garage
# of Parking (Total): 13
# of Covered Spaces: 3

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3

Room Information
# of Rooms (Total): 10
Has Basement
Basement Information: Exterior Entry, Full, Interior Entry, Unfinished

Laundry Information
Features: In Unit

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Masonry

Equipment
Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer

Interior Features
Window Features: Skylight(s)
Flooring: Ceramic Tile, Laminate, Carpet
Other Features: Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower, Central Vacuum

Exterior

Building Information
Stories (Total): 1
Construction Details: Drywall, Wood Siding

Exterior Features
Exterior Features: Breezeway, Deck, Porch
Patio And Porch Features: Deck, Porch
Other Structures: Barn(s), Outbuilding
Fencing: Fenced

Land Information
Yes
Horse Amenities: Horses Allowed, Stable(s)

Lot Information
Lot Size Area: 168,142
Lot Size Acres: 3.86
Waterfront Features: Walk to Water
Zoning: R-60

Property Information
Above Grade Finished Area: 3,080
Foundation Details: Concrete Perimeter

Financial

Assessments and Fees
Assessed Value: $539,000

Tax Information
Annual Tax Amount: $7,416
Tax Year: 2020

Utilities

Utility Information
Electric: 200+ Amp Service
Sewer: Septic Tank
Water Source: Private

Heating & Cooling
Has Cooling
Cooling: 1 Unit
Has Heating
Heating: Baseboard, Electric, Oil

Location

Multi Unit Information
# Of Units Total: 3
# Of Buildings: 4

Multi Unit Financial Information
Operating Expense: $9,500

Community Information
Community Features: Golf, Marina, Near Schools, Shopping

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3.86 acres
Style: Other
Year Built: —
Year Renovated: —
County: Newport County
APN: 92203

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Aquidneck School

Public PreK-3 • Assigned • 1.6mi

10/10

Joseph H. Gaudet School

Public 6-8 • Assigned • 2.0mi

7/10

Middletown High School

Public 9-12 • Assigned • 2.2mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 90° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Middletown, RI • 02842

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$2.05M – $2.48M

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New listings for sale in 02842

VIDEO TOUR

$925,000

3 beds2 baths1,933 sq ft

32 Bliss Mine Rd, Middletown, RI 02842

$3,500,000

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575 Tuckerman Ave #2, Middletown, RI 02842

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20 Wood Rd, Middletown, RI 02842

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3 beds3 baths1,842 sq ft

484 Oliphant Ln, Middletown, RI 02842

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188 Allston Ave, Middletown, RI 02842

Home values near 516 Third Beach Rd

Data from public records.

Address	Redfin Estimate
486 3rd Beach Rd, Middletown, RI 2 Beds \| 3 Baths \| 1016 Sq. Ft.	$731,843
464 3rd Beach Rd, Middletown, RI 2 Beds \| 2.5 Baths \| 4004 Sq. Ft.	$1,221,123

Address	Redfin Estimate
474 3rd Beach Rd, Middletown, RI 4 Beds \| 2.5 Baths \| 2404 Sq. Ft.	$953,401
386 3rd Beach Rd, Middletown, RI 4 Beds \| 2.5 Baths \| 2767 Sq. Ft.	$996,959

Address	Redfin Estimate
400 3rd Beach Rd, Middletown, RI 4 Beds \| 2 Baths \| 3404 Sq. Ft.	$1,196,755
444 3rd Beach Rd, Middletown, RI 2 Beds \| 2 Baths \| 5691 Sq. Ft.	$1,782,476

Property information provided by RIS when last listed in 2020. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02842, RI

Sale history for 516 Third Beach Rd

Tax history for 516 Third Beach Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02842

Home values near 516 Third Beach Rd

More real estate resources