The Meadowlark property has a total assessed value of just over $1 million, with the land valued at $806,000.

MIDDLETOWN — A real estate developer who has proposed an eight-home subdivision on Prospect Avenue is involved in the $2.65 million purchase of the abutting Meadowlark mobile home and RV park.

Eugene Goldstein acquired the 10-acre camping site, under the auspices of Beach View RV Park LLC, from the estate of the late Mae L. Rideout, according to the quit claim deed filed at Town Hall on Aug. 13. In February 2002, Goldstein purchased, under his name, the 9-acre parcel next door for $400,000, online real estate records show.

Eugene Goldstein and Larry Goldstein are the listed managers of Beach View RV Park LLC, according to paperwork filed with the Rhode Island Department of State. The Providence address used for the limited liability company is the same address of Goldstein Associates, the real estate development firm, for which both Goldsteins are partners.

Eugene Goldstein filed an application with the town to subdivide the 9-acre tract into eight housing lots and construct a street that ends in a cul-de-sac to connect the development to Prospect Avenue. On Monday, the Planning Board agreed to continue the application to its next regular business meeting Sept. 11 at the request of Goldstein’s attorney, David Martland.

Attempts to reach Goldstein on Monday to ask about his plans for the Meadowlark property were unsuccessful. A manager at the campground said he would forward the new owner a request for comment from a reporter.

Both properties owned by Goldstein are zoned low-density residential, with minimum lot sizes of 40,000 square feet. Because the proposed housing development is a "conservation subdivision" and would preserve about 4.4 acres of open space, the minimum lot size is 15,000 square feet, according to project plans.

The Meadowlark property has a total assessed value of just over $1 million, with the land valued at $806,000, and the 9-acre parcel is assessed at $474,000.

Goldstein Associates specializes in the “development, acquisition and ownership of commercial real estate,” its website says. “Our primary focus is investing in strategically located open-air shopping centers and street retail properties.” One of the projects cited on the website is Middletown Plaza on West Main Road that features Staples, Home Depot and Aldi. Eugene Goldstein was listed as a manager of Middletown Plaza LLC, which owns the shopping center, at the time the limited liability company was organized in 1997, according to a filing with the Department of State.

dgomes@newportri.com