NARRAGANSETT, RI – September 20, 2018 – Lila Delman Real Estate continues its history of excellence with the sale of 45 Thule Cove Road in Narragansett for $8,200,000 on August 17, 2018. Janet Kermes, Sales Associate, represented the buyer.This transaction marks the highest sale in Narragansett since the inception of the current Rhode Island Statewide MLS System*, exceeding the previous record set by Lila Delman for the sale of 580 Ocean Road at $6.4 million in 2010. This also represents the second highest sale statewide, year-to-date according to data from the Rhode Island Statewide MLS*.
“The buyers were first introduced to the property last summer when they rented the home through Lila Delman. It is truly a one-of-a-kind property which offers beautiful ocean views at each turn.” commented Janet Kermes.
“This closing was the culmination of an 18 month journey which was only made possible by the patience, dedication, and creativity displayed by Janet Kermes, the clients and our company leadership. I am very proud of and happy for all those involved” said John Hodnett, Principal Broker/Owner of Lila Delman Real Estate.
This stunning oceanfront home, designed by notable architect Jim Estes of Estes Twombly Architects, is sited on 4+ acres within Whale Rock, a private enclave on Cormorant Point across from Narragansett Beach. Measuring 5,202 square feet across two levels, the home has five bedrooms, four and two-half baths, 15 foot ceilings with exposed beams, and a fieldstone terrace with a pool and raised spa.
*This representation is based on information from the Rhode Island Association of Realtors (alternatively, from State Wide MLS) for the period of January 01, 1994 – September 20, 2018. 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.