JAMESTOWN, RI – May 18, 2020 – Lila Delman Real Estate continues to drive market activity in Newport County with sale of 0 Melrose Avenue in Jamestown for $1,235,000. Bob Bailey, Sales Manager of Lila Delman’s Jamestown Office, represented the seller while Nancy Cresser, Lila Delman Sales Associate, represented the buyer.

Year-to-date, Lila Delman has participated in three out of Jamestown’s top five sales, which is more than any other firm, according to data maintained by the Rhode Island Statewide MLS.*

Historically, Bob Bailey has successfully closed over $274,000,000 in Jamestown sales, ranking him as the top sales associate in the municipality by at least $86,000,000.*

“0 Melrose Avenue was one of the last available waterfront lots on Dutch Harbor,” commented Bob Bailey. “With an existing private dock and spectacular sunset views, the 1.6 acre property presented an incredible opportunity to build a dream home in close proximity to town.”

“Demand for waterfront offerings in Jamestown remains high as buyers continued to identify the town as a private, yet community-driven coastal retreat,” closed Nancy Cresser. “Property values in Jamestown, particularly those with water amenities, continue to appreciate.”

*This representation is based on information from the Rhode Island State Wide MLS for the period of January 1, 1993 – May 18, 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.