$920,000

1 Shangri-La Lane, Middletown, RI 02842

  • 4 beds |
  • 2 baths |
  • 2,655 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1944
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $347/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Completely renovated from top to bottom, this impressive side-by-side duplex offers a perfect balance of modern design, comfort, and versatility—ideal for both owner-occupants and savvy investors alike. Ideally located just off Boulevard, less than 3 miles from First and Second Beach and only 1 mile from downtown Newport, it’s a rare opportunity to own a fully updated property in one of Aquidneck Island’s most desirable coastal neighborhoods. Each townhouse-style unit features two spacious bedrooms and one full bath, with open-concept layouts and brand-new full kitchens showcasing modern cabinetry, countertops, appliances, and lighting. Every surface has been refreshed with refinished hardwood floors, updated electrical and LED fixtures, and energy-efficient mini-split systems for year-round comfort. The improvements extend to the exterior with a new front façade, new interior and exterior doors, new walkways, new entry lighting, and fresh landscaping that enhance the home’s curb appeal. Each unit also includes private patios, in-unit laundry, and full dry basements offering ample storage space. Set on a generous corner lot, the property provides off-street parking for up to five vehicles and a spacious backyard perfect for entertaining or relaxing outdoors. Move-in ready and minutes from beaches, shops, restaurants, and downtown Newport, this turnkey duplex delivers it all—modern living, prime location, and excellent investment potential

Listing Status:
Active
Date Added:
November 6, 2025 at 06:00AM
Listing Office:
Residential Properties Ltd. : 401-619-5622
MLS ID:
1399313
  • General: Interior StepsStall Shower
  • Appliances: DishwasherGas Water HeaterMicrowaveOvenRangeRefrigerator
  • Laundry: In Unit
  • Basement: Exterior EntryFullInterior EntryUnfinished
  • Flooring: HardwoodVinyl
  • A/C: Ductless
  • Heating: BaseboardDuctlessElectricGas
  • Fireplace: Fireplaces: 0
  • Parking: No GarageParking spaces: 0
  • General: DrywallPlasterVinyl Siding2Combination
  • Originating MLS: RIS_RIS
  • County: Newport
  • Zoning: R1013SHANGRI-LALANEMDLT
  • Utilities: Sewer Connected200+ Amp ServiceSeparate Meters
  • Water: Public
  • Sewer: ConnectedPublic Sewer
  • Source: RIS_RIS

This listing courtesy of Residential Properties Ltd.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Aquidneck School

70 Reservoir Rd, Middletown, RI, 02842

Grades PK-3

0.98 miles away

J

Joseph H. Gaudet School

1113 Aquidneck Ave, Middletown, RI, 02842

Grades 5-8

1.42 miles away

M

Middletown High School

130 Valley Rd, Middletown, RI, 02842

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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