JAMESTOWN, RI – August 5, 2020 – Lila Delman Real Estate is pleased to announce the sale ‘Northpoint’, 1088 East Shore Road, in Jamestown for $5,662,500. Pila Pexton, Lila Delman Sales Associate, represented the seller, while Bob Bailey, Sales Manager of Lila Delman’s Jamestown Office, represented the buyer. This is the fifth time in the last 14 years that Lila Delman has sold the property.

According to data maintained by the Rhode Island Statewide MLS, this transaction marks the second highest sale in Jamestown year-to-date. In 2020, Lila Delman has participated in five out of Jamestown’s top ten sales, which is more than any other firm. As leaders in the Jamestown market, Bob Bailey and Pila Pexton have each participated in two of these top sales.*

“I believe that pre-launch preparation is critical to a strong and quick transaction. From consulting to staging to editing, I commit to my clients that we will get the job done as quickly and impactfully, as possible,” commented Pila Pexton. “Under contract in 21 days, and closed in 41, ‘Northpoint’ exemplifies up-front work leading to long term benefit.”

“It is incredibly encouraging to see the influx of market activity in Jamestown, across all price-points,” commented Bob Bailey. “With low inventory on the Island, prospective sellers recognize this period as a strong time to sell and subsequently, buyers are moving quickly.”

Set on 1.57 private acres, ‘Northpoint’ is an enchanting waterfront estate with a deep-water dock, three moorings, an electric boat lift and 215 feet of private beach. The lush grounds that lead to the water feature a flagstone terrace, heated swimming pool and English garden maze full of hydrangeas, lilacs, peonies and roses. Elegant and unpretentious in every way, the modern redesign on the five-bedroom, six-and-two-half-bathroom home commands refreshing water views from nearly every room.

*This representation is based on information from the Rhode Island State Wide MLS for the period of January 1, 2020 – August 5, 2020. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.