Exceptional opportunity to acquire a fully furnished, turnkey short-term rental with a proven track record of success in the heart of Middletown and a fully transferable short-term rental zoning certificate. Generating approximately $347,000 in annual gross rental income, this property offers investors and second-home buyers a rare combination of strong cash flow and coastal lifestyle. Thoughtfully designed to accommodate large groups, this spacious 5-bedroom, 3-bath home spans three levels of living and entertainment space. The main level features an inviting living room, well-appointed kitchen, primary suite, an additional bedroom, and full bath. Upstairs offers three additional bedrooms, a full bath, and laundry area. The lower level is dedicated to entertainment, featuring a game room complete with pool table, foosball, shuffleboard, arcade games, bar area, and private theater room. Outside, guests enjoy a backyard retreat with a hot tub, fire pit, and outdoor seating areas. Ideally located minutes from Middletown's beaches, downtown Newport, shopping, dining, and area attractions, this highly sought-after vacation rental is being offered fully furnished and ready for its next owner to continue generating income from day one. Whether you're seeking a high-performing investment property, a 1031 exchange opportunity, or a coastal getaway with exceptional earning potential, 20 Samson Lane delivers. Financial information and rental history available upon request.
Downtown Middletown, located between Newport’s Broadway corridor and the Sakonnet River shoreline, is a commercial and residential Newport East neighborhood with a strip-mall spine and pockets of older village fabric. The neighborhood’s character concentrates around West Main Road (RI-114) near Coddington Highway, where plazas, diners, and everyday storefronts line the traffic hum. Local pillars include Sweet Berry Farm, Newport Vineyards, and the Norman Bird Sanctuary, each shaping the area’s weekend rhythm. Architecture shifts from mid-century ranches and capes to newer townhome clusters set back from the road. Side streets feel quieter, with small parks and school grounds breaking up the blocks. Coastal geography stays close, with marsh edges and bikeable lanes leading toward beaches and trails.
Provided by Walk Score and Local Logic
Offer insights
20 Samson Ln · $1,500,000
$1.51M and above
75% chance or better to win
Why $1.51M+ is a strong offer
DAYS ON MARKET
17 days
The average home goes pending in 62 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Cable TV
Partially finished basement with interior and exterior entry
Bedrooms
Total of 9 rooms including living and media spaces
Bathrooms
3 full bathrooms
Kitchen
Oven
Range
Microwave
Dishwasher
Refrigerator
Electric water heater
Laundry & utility
Washer
Dryer
Utility room
Flooring
Hardwood
Vinyl
Heating & cooling
Heat pump
Hot water heating
Electric heating
Gas heating
Ductless cooling
Exterior features
Deck
Paved driveway
Outdoor deck/patio
Home design
2 stories
Below-grade finished area
Above-grade finished area
Parking
Attached garage with garage door opener
2 garage spaces (2 covered)
Total parking for 6 vehicles
Construction
Drywall interior
Shingle siding
Vinyl siding
Wood siding
Concrete perimeter foundation
Utilities
Sewer connected
Water connected
Underground utilities
100 amp electric service
HOA & community
Community offers golf, marina, pool, tennis courts, recreation area, shopping, restaurants, public transportation and highway access; near hospital and schools
Electricity and solar
View estimated energy costs and solar savings for this home
The first time offered in 28 years! Superb location for this 5 bedroom, 3 bath home in desirable neighborhood with a convenient location off of Green Lane in Middletown. 7 total rooms, large unfinished basement, air conditioning, generator, 2 car attached garage and a rear deck overlooking the expansive 1/2 acre lot. Solar panels on the rear of the home make this home very energy efficient. Not many homes come on the market in this neighborhood, make this your new home! Priced well below the new Middletown assessment.
RIS #607650
Dec 18, 1996
Sold
$168,000
$54/sq ft
Apr 22, 1996
Listed
$169,900
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,319 (+4.7%)
$519,200 + $356,000
$875,200
2024
$9,855 (+47.3%)
$519,200 + $356,000
$875,200
2023
$6,690 (+4.7%)
$279,200 + $252,200
$531,400
2022
$6,387
$279,200 + $252,200
$531,400
2021
$6,387 (+12.0%)
$279,200 + $252,200
$531,400
2020
$5,702
$213,600 + $200,800
$414,400
2018
$5,698 (−4.4%)
$213,600 + $200,800
$414,400
2016
$5,961 (+2.5%)
$184,600 + $202,000
$386,600
2015
$5,814 (−3.4%)
$184,600 + $202,000
$386,600
2014
$6,021 (+2.3%)
$167,800 + $206,900
$374,700
2013
$5,887 (+2.0%)
$167,800 + $206,900
$374,700
2012
$5,770
$167,800 + $206,900
$374,700
Public record
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.47 Acres
Year renovated
—
Finished Sq. Ft.
2,112
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,112
Year built
1992
Style
Single Family Residential
County
Newport County
APN
89794
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 22, 2026.
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
6/10 Heat Factor
7 days above 92° expected this year, 16 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)
36
24
37
25
48
34
56
42
64
52
76
61
79
67
76
62
72
59
64
51
54
41
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 20 Samson Ln
$1,455,202
$45K under list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $718K to $1.3M.