Stonington, CT – October 13, 2023 – Lila Delman Compass is pleased to announce the sale of ‘The Point House’, 5 Water Street, in Stonington, Connecticut for $7,500,000. Lori Joyal, Managing Broker of Lila Delman Compass’ Watch Hill Office, represented the Seller. According to data maintained by the CT SmartMLS, this transaction marks the highest single-family home sale ever recorded in Stonington. The record breaking sale comes on the heels of Lori’s recent sale of 87 Latimer Point, which previously held the record for the highest sale in Stonington, CT since December 2018.*
‘The Point House’, which was originally built in 1908 by the Army Corps of Engineers for the lighthouse keeper, sits in front of the Stonington Lighthouse with 270 degree water views of Fishers Island, Watch Hill, Montauk and Block Island. The home boasts 7 bedrooms, 6 full & 2 half bathrooms, 3 wood-burning fireplaces, a wine cellar & sauna. Property highlights include a heated swimming pool, stone terraces and a dock.
“I was honored to represent this majestic waterfront home that is rich with history”, commented Lori Joyal. “I love what I do and it is exemplified by my total dedication to my clients in each transaction.”
Over the course of her decorated career, Lori Joyal has successfully closed over $940,000,000 in sales volume. Year-to-date, Lori has participated in all 3 of Stonington’s top sales.*
ABOUT LILA DELMAN COMPASS:
In 2021, Rhode Island’s first name in luxury real estate, Lila Delman, proudly joined Compass, the Nation’s #1 real estate brokerage.** Today, Lila’s Legacy lives on with great strength, backed by the power of Compass. In Rhode Island, Compass owns and operates 12 offices, including Lila Delman Compass, Compass Providence and the soon-to-open Compass Barrington.
Lila Delman Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. *Sale representation based on information from the CT SmartMLS for the period of 12.3.95 – 10.12.23 for all closed transactions in Stonington, CT. **As of 2022, closed sales volume. Source: RealTrends 3/9/23.