1 Ichabod LANE, Middletown, RI  |  Multi Family:$3,350,000
8   9
MLS Number: 1409467 - ACTIVE
Lot Size:0.43 Acres
Year Built:1857
Rooms:26
Listed By: Serhant New England
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.
Appliances:
Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
Appliances:
Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
Architectural Style:
--
Buildings:
1
Business Type:
Other
Community Features:
Hospital, Restaurants, Schools, Shopping
Construction Materials:
Plaster
Cooling:
Central Air
Door Features:
--
Electric:
200 Amps
Existing Lease Type:
--
Finished Floor:
Hardwood
Garage Spaces:
0
Gross Bldg. Area:
8,000 sq. ft.
Handicap Accessible:
--
Has View:
--
Has Waterfront:
--
Heating:
Oil, Central Air, Forced Water
Heating Systems:
3
Laundry:
In Unit
Levels:
--
Lot:
Cul-De-Sac, Paved, Sprinklers
Lot Frontage:
Neighborhood:
Newport East
Number Of Units Total:
3
Other Monthly Rent:
None
Other Structures:
--
Owner Pays:
Heat
Owner Pays:
Heat
Parking Features:
No Garage
Pool:
--
Property Sub Type:
Multi Family
PropertySubType:
Multi Family
PropertyType:
Residential Income
Sewer:
Public Sewer
Structure Type:
--
Tenant Pays:
Heat
Tenant Pays:
Heat
Total Fireplaces:
3
Total Parking:
10
Under Construction:
No
View:
--
Waterfront Features:
Walk to Salt Water
Zip Code:
02842
Unit Details
 
Total Rooms
Bedrooms
Full Baths
Monthly Rent
Unit #1
13
3
3
--
Unit #2
6
2
2
$2,700
Unit #3
7
3
3
$3,500
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