1 Ichabod Lane Middletown, RI $ 3,350,000
1 Ichabod Lane
$ 3,350,000
Recently Listed
Share Save

1 Ichabod Lane

Middletown, RI, 02842
$ 3,350,000
Bedrooms8 Baths8.1 Sq 8,000

Monthly Estimate*

$ 20,627

1 Ichabod Lane, Middletown, RI 02842 - Image 1
1 Ichabod Lane, Middletown, RI 02842 - Image 2
1 Ichabod Lane, Middletown, RI 02842 - Image 3
1 Ichabod Lane, Middletown, RI 02842 - Image 4
1 Ichabod Lane, Middletown, RI 02842 - Image 5
1 Ichabod Lane, Middletown, RI 02842 - Image 6
1 Ichabod Lane, Middletown, RI 02842 - Image 7
1 Ichabod Lane, Middletown, RI 02842 - Image 8
1 Ichabod Lane, Middletown, RI 02842 - Image 9
1 Ichabod Lane, Middletown, RI 02842 - Image 10
1 Ichabod Lane, Middletown, RI 02842 - Image 11
1 Ichabod Lane, Middletown, RI 02842 - Image 12
1 Ichabod Lane, Middletown, RI 02842 - Image 13
1 Ichabod Lane, Middletown, RI 02842 - Image 14
1 Ichabod Lane, Middletown, RI 02842 - Image 15
1 Ichabod Lane, Middletown, RI 02842 - Image 16
1 Ichabod Lane, Middletown, RI 02842 - Image 17
1 Ichabod Lane, Middletown, RI 02842 - Image 18
1 Ichabod Lane, Middletown, RI 02842 - Image 19
1 Ichabod Lane, Middletown, RI 02842 - Image 20
1 Ichabod Lane, Middletown, RI 02842 - Image 21
1 Ichabod Lane, Middletown, RI 02842 - Image 22
1 Ichabod Lane, Middletown, RI 02842 - Image 23
1 Ichabod Lane, Middletown, RI 02842 - Image 24
1 Ichabod Lane, Middletown, RI 02842 - Image 25
1 Ichabod Lane, Middletown, RI 02842 - Image 26
1 Ichabod Lane, Middletown, RI 02842 - Image 27
1 Ichabod Lane, Middletown, RI 02842 - Image 28
1 Ichabod Lane, Middletown, RI 02842 - Image 29
1 Ichabod Lane, Middletown, RI 02842 - Image 30
1 Ichabod Lane, Middletown, RI 02842 - Image 31
1 Ichabod Lane, Middletown, RI 02842 - Image 32
1 Ichabod Lane, Middletown, RI 02842 - Image 33
1 Ichabod Lane, Middletown, RI 02842 - Image 34
1 Ichabod Lane, Middletown, RI 02842 - Image 35
1 Ichabod Lane, Middletown, RI 02842 - Image 36
1 Ichabod Lane, Middletown, RI 02842 - Image 37
1 Ichabod Lane, Middletown, RI 02842 - Image 38
1 Ichabod Lane, Middletown, RI 02842 - Image 39
1 Ichabod Lane, Middletown, RI 02842 - Image 40
1 Ichabod Lane, Middletown, RI 02842 - Image 41
1 Ichabod Lane, Middletown, RI 02842 - Image 42
1 Ichabod Lane, Middletown, RI 02842 - Image 43
1 Ichabod Lane, Middletown, RI 02842 - Image 44
1 Ichabod Lane, Middletown, RI 02842 - Image 45
1 Ichabod Lane, Middletown, RI 02842 - Image 46
1 Ichabod Lane, Middletown, RI 02842 - Image 47
1 Ichabod Lane, Middletown, RI 02842 - Image 48
View a Virtual Tour

Multi-Family Home for sale in Middletown, RI

for $3,350,000 with 8 bedrooms and 8 full baths, 1 half bath. This 8,000 square foot home was built in 1857 on a lot size of 0.43.

Looking for an owner-occupied investment opportunity in Newport County? "Restmere" is an Italianate villa designed in 1857 by renowned architect Richard Upjohn, celebrated for Trinity Church in New York, and Kingscote in Newport. Listed on the National Register of Historic Places, this turnkey estate seamlessly blends 19th-century grandeur with modern comfort. The thoughtful restoration received a Doris Duke Award, and Rhody Award. The main property offers 8 bedrooms and 8.5 bathrooms. The main house features a veranda, 6 bedrooms, 6.5 baths, chef's kitchen, and formal layout ideal for entertaining. Preserved Old World details include 12-foot ceilings, grand staircase, parquet floors, wainscoting, crown moldings, stained glass, divided-light windows, antique lighting, marble fireplaces, claw-foot tubs, French doors, and antique hardware. The third floor also functions as a separate penthouse apartment with private entrance, 3 bedrooms, 3 baths, laundry, and kitchen, while the detached townhouse apartment offers private entrance, 2 bedrooms, 2 baths, laundry, and kitchen creating exceptional flexibility for guests or passive income.The above-grade basement boasts 9-foot ceilings, brick walls, arched windows, studio, gallery, pub, and four rooms awaiting ADU conversion. Restmere is a rare opportunity to become the next steward of an historic estate and family compound.

See more

Multi-Family Active

Price

$ 3,350,000

Bedrooms

8

Full Bath

8

Half Bath

1

Property Type

Multi-Family

Taxes

$ 12,421

Style

Lot Size

0.43

Year Built

1857

Town/City

Middletown

County/Region

Newport

MLS | Web ID

1409467

Features
General
Sewer Public Sewer
Heating Hot Water Oil
Cooling Central Air
Possession Close Through 45 Days Negotiable
Garage Spaces 0
Patio/Porch Features Deck Patio Porch
Construction Materials Plaster
Year Built 1857
Electric 200+ Amp Service
Property Subtype Multi Family
Tax Year 2025
Business Type Other
Waterfront Features Walk to Water
Community Features Near Hospital Near Schools Restaurant Shopping
County Newport
Operating Expense 0
New Construction false
Property Type Residential Income
Subdivision Name Newport East
Garage Y/N false
Total Rooms 26
Full Baths 8
Status Active
City Middletown
Senior Community Y/N false
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 18731
Land Lease Y/N false
Tax Annual Amount 12421
Virtual Tour https://tour.RiLiving.com/1-Ichabod-Lane-Middletown-RI-02842--1409467
Standard Status Active
Tax Assessed Value 1432700
Tax Lot 140
See more
Interior
Interior Amenities Attic Wet Bar Bathtub Interior Steps Stall Shower Tub Shower
Basement Exterior Entry Full Interior Entry Partially Finished
Flooring Hardwood
Total Fireplaces 3
Fireplace Features Gas Marble
Total Stories 0
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features In Unit
Total Bedrooms 8
Total Baths 9
See more
Exterior
Exterior Amenities Deck Porch Patio Sprinkler/Irrigation
Parking Features No Garage
Lot Features Cul-De-Sac Paved Sprinkler System
Water Source Public
Total Parking 10
Inclusions Third floor tenants in place until 5/31/2026 Townhouse tenants in place until 11/30/2026
Lot Size Area 18731
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 8000
Lot Size Acres 0.43
Covered Spaces 0
See more
* Excluded Features
List By
Serhant New England

Broker

benwillett@serhant.com

Email

Affordability Calculator

$21,662
Per Month
95%
5%
0%
Monthly Principal & Interest
$20,627
Monthly Property Taxes
$1,035
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
4/8/2026$3,350,000 Listed Price

Map


See all

1 Ichabod Lane, Middletown, RI, 02842 is a Multi-Family Home for sale at $3,350,000 with 8,000 sqft and a lot size of 0.43. 1 Ichabod Lane has 8 bedrooms, 8.1 baths, and was built in 1857. The property's zip code is 02842 which is in Middletown, RI