NARRAGANSETT, RI – May 25, 2021 – Lila Delman Compass continues to lead Rhode Island’s luxury market with the significant sale of 12 Sea Gate Drive in Narragansett, for $3,480,000. Stella Fitzsimmons, Lila Delman Compass Sales Associate, represented the buyer in this transaction. According to data maintained by the RI Statewide MLS, this transaction marks the third highest sale in Narragansett year-to-date.*
Lila Delman Compass has participated in three of the top five single-family home sales in Narragansett 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.*
“I was honored to assist in the sale of another oceanfront property in Narragansett’s coveted Estate Area,” commented Stella Fitzsimmons. “As native Rhode Islander’s my clients had always dreamed of living on Ocean Road. With very limited inventory currently on the market, they decided to purchase a property they could reimagine to create their own masterpiece for generations to come.”
Located off of desirable Ocean Road, 12 Sea Gate Drive is a rare open-ocean offering sited on a private laneway in the center of the Estate Area. Located on over 1.8 oceanfront acres, this breathtaking property enjoys captivating panoramic views of the Atlantic Ocean and the granite coastline. Spanning over 2,300 sq ft the home offers five-bedrooms and three-full baths. The Cape-Cod style home, built in 1959, embodies complete serenity, with its spectacular sunrises views, sound of crashing waves, and smell of salty air.
*Highest sale representation is based on information from the RI Statewide MLS for the period of January 1,2021 – May 25, 2021. *#1 luxury ranking based on 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.