Lila Delman Real Estate announced the sale Friday of 31 Ridge Road in Newport for $8,500,000. The property sold for $550,000 more than the original list price and was under contract in six days. Lila Delman Real Estate was both the listing and the selling company. PresidentMelanie Delman and Broker Associate Robin Nicholson represented the seller; Sales Associate Kate Leonard represented the buyer.
“Newport is experiencing an increase in demand for the type of spectacular waterfront property Ridge Road exemplifies.” said Melanie Delman.
This exceptional Newport waterfront property includes fabulous panoramic views of Newport Harbor, Jamestown and Narragansett Bay from a private 4.36 acre enclave. The waterside pool and spa overlook the harbor and the sweeping lawn of Hammersmith Farm. A private drive leads into one of Newport’s most dramatic and picturesque settings.
ABOUT LILA DELMAN REAL ESTATE
Lila Delman founded the company’s original office in Narragansett nearly 50 years ago. Since then, Lila Delman Real Estate has grown to include 6 strategically located offices, over 100 REALTORS®, a marketing department that creatively uses online social media, and an award winning website. As an exclusive marketing partner of Christie’s International Real Estate, Mayfair International Realty and Luxury Portfolio, the firm is consistently a frontrunner in the luxury market. For more information please visithttp://www.LilaDelman.com.