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157 Ellery Ave, Middletown, RI, 02842

5beds
5baths
4,622sqft
$2,895,000
$626price/sqft
$19,472/moest. monthly cost
$778,880/yrincome needed

About This Home

Experience coastal living in this newly constructed luxury home on Easton's Point, minutes from beaches, restaurants, shopping, and downtown Newport. Thoughtfully designed with four levels of living space, this architecturally crafted home offers five bedrooms, five baths, and a blend of elegance, comfort, and functionality. The main level features an open-concept floor plan centered around a stunning chef's kitchen with an oversized island, premium stainless-steel appliances, and a beautifully appointed wet bar. The spacious living and dining areas are anchored by a gas fireplace and flow seamlessly through sliding doors to a private backyard complete with a patio, seating wall, and mature landscaping. The second floor offers three spacious bedrooms, including a primary suite with an en-suite bath and his-and-hers walk-in closets, an office, and a convenient laundry room. The third level provides two additional bedrooms and a versatile flex space highlighted by water views from a covered balcony. The finished lower level is designed for entertainment, featuring a large family room, wet bar, and half bath. Additional amenities include a two-car garage, whole-house generator, exquisite craftsmanship, and remarkable attention to detail throughout. Offering the perfect blend of high-end design and coastal charm, this exceptional Easton's Point residence is equally suited for year-round living or as a premier summer retreat. Taxes TBD.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

10/10
Aquidneck SchoolGrades PK-30.2 mi
7/10
Joseph H. Gaudet SchoolGrades 6-81.8 mi
6/10
Middletown High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Dry Wall,Paneled,Shingles

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Dishwasher,Dryer,Exhaust Fan,Range Hood,Microwave,Oven/Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Partially Finished,Bath/Stubbed,Family Room,Storage Space,Utility,Work Shop

Bathroom

  • Features: High Ceilings
  • Level: First
  • Area: 21
  • Dimensions: 7

Bathroom

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 72
  • Dimensions: 8

Bathroom

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 88
  • Dimensions: 8

Bathroom

  • Features: Ceiling Height 7 to 9 ft
  • Level: Lower
  • Area: 42
  • Dimensions: 7

Bedroom2

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 255
  • Dimensions: 15

Bedroom3

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 168
  • Dimensions: 14

Bedroom4

  • Features: Ceiling Height 7 to 9 ft
  • Level: Third
  • Area: 132
  • Dimensions: 11

Bedroom5

  • Features: Ceiling Height 7 to 9 ft
  • Level: Third
  • Area: 306
  • Dimensions: 17

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Dining Area

  • Features: High Ceilings
  • Level: First
  • Area: 117
  • Dimensions: 13

Family Room

  • Features: Ceiling Height 7 to 9 ft
  • Level: Lower
  • Area: 338
  • Dimensions: 13

Features

  • Wall (Dry Wall),Wall (Paneled),Dry Bar,Stairs,Wet Bar,Plumbing (Mixed),Insulation (Cap),Insulation (Ceiling),Insulation (Floors),Insulation (Walls)
  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Hardwood,Marble
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 753
  • Finished area above ground: 3,869

Great Room

  • Features: Ceiling Height 7 to 9 ft
  • Level: Third
  • Area: 294
  • Dimensions: 21

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Ductless

Interior Area

  • Total structure area: 3,869
  • Total interior livable area: 4,622 sqft

Kitchen

  • Features: High Ceilings
  • Level: First
  • Area: 221
  • Dimensions: 17

Laundry

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 40
  • Dimensions: 8

Living Room

  • Features: High Ceilings
  • Level: First
  • Area: 351
  • Dimensions: 27

Master Bedroom

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 342
  • Dimensions: 19

Office

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 66
  • Dimensions: 11

Other

  • Features: High Ceilings
  • Level: First
  • Area: 56
  • Dimensions: 7

Storage

  • Features: Ceiling Height 7 to 9 ft
  • Level: Lower
  • Area: 60
  • Dimensions: 5

Storage

  • Features: Ceiling Height 7 to 9 ft
  • Level: Lower
  • Area: 24
  • Dimensions: 8

Utility Room

  • Features: Ceiling Height 7 to 9 ft
  • Level: Lower
  • Area: 297
  • Dimensions: 27

Property

Details

  • Parcel number: MIDDM0115BSEL199
  • Zoning: R10

Features

  • Patio & porch: Patio,Porch
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Walk to Salt Water

Lot

  • Lot size: 7,649 sqft

Parking

  • Total spaces: 6
  • Parking features: Integral,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,638$175,656
Home Insurance *$1,217$14,604
Property Taxes $2,676$32,112
Electricity $941$11,295
Total$19,472$233,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$667,611/yr
40% on housing$584,160/yr
45% on housing$519,253/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.3%
6.3%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$626This listing

vs Other Active Listings

Avg $/sqft

ZIP 02842$392
Newport County$546

vs Homes Sold Last Month

Median $/sqft

ZIP 02842$380
Newport County$380

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Price change$2,895,000
2026-06-09Listed for sale$3,000,000
2024-12-10Sold$725,000
2024-11-15Pending sale$725,000
2024-11-14Contingent$725,000
2024-11-08Price change$725,000
2024-09-30Listed for sale$825,000
2024-09-23Listing removed$895,000
2024-09-21Listed for sale$895,000
2024-09-18Contingent$895,000
2024-07-23Price change$895,000
2024-06-13Listed for sale$945,000
2014-11-17Sold$100,000
2014-05-28Sold$66,600
1996-04-03Sold$90,000

For Sale by Agent

AgentKevan Campbell
BrokerageHogan Associates Christie's

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