NEWPORT, RI – May 26, 2021 – Lila Delman Compass continues to lead Rhode Island’s luxury market with the significant sale of ‘Hilltop’, 97-105 Ruggles Avenue in Newport, for $3,075,000. Annie Becker, Lila Delman Compass Associate Broker, represented the buyer in this transaction. According to data maintained by the RI Statewide MLS, this transaction marks one of the top ten sales in Newport year-to-date.*
Lila Delman Compass has participated in six of the top ten single-family home sales in Newport so far this year. Having represented more luxury buyers and sellers than any other firm, Lila Delman Compass is on track to maintain their position as the number one luxury brokerage in Rhode Island for the 12th consecutive year.*
“This house and these buyers are a perfect match. The pedigree of owners and architects is as intriguing as the interior detail and beautiful woodwork,” commented Annie Becker. “My clients will do careful restoration and adapt this home to their lifestyle before they make it their primary residence and write the next chapter in the story of ‘Hilltop’.”
Steeped in history ‘Hilltop’ is a storied estate. Once the home of Richard Grosvenor, an esteemed Newport artist, the property was commissioned by Theodore W. Phinney and designed by renowned architect Richard Morris Hunt. Sited on over three private acres adorned with specimen trees and rolling lawns, the home sits perched up on a hill. Upon pulling into the circular driveway the stone and shingle exterior evokes a timeless elegance reminiscent of Hunt’s architectural style. The interiors are absolutely spectacular with intricate millwork and a flowing layout that is ideal for entertaining. The pièce de resistance is the light-filled two-story library with original leaded glass windows. Spanning over 7,800 square feet this spacious home has a total of five bedroom, six full and two half bathrooms and plenty of room for guests. Just a short distance to downtown Newport, beaches, tennis, golf, and yacht clubs, this rare offering is a true gem.
*Highest sale representation is based on information from the RI Statewide MLS for the period of January 1,2021 – May 27, 2021. *#1 luxury ranking based on the highest volume of $1M+ sales in RI each year, based on information from RI Statewide MLS for period January 1 1993 – December 31 2020. Neither Lila Delman Compass nor the MLS guarantees or are responsible for the accuracy of the data provided to them. Data maintained by the MLS may not reflect all real estate activity in the market. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.