Record Sale in Charlestown: Waterfront Estate on Ninigret Pond Sells for $4.025M

CHARLESTOWN, RHODE ISLAND – April 21, 2017 – Lila Delman Real Estate International continues to lead the state with extraordinary sales in 2017. High Point, one of Charlestown’s iconic properties, was sold for $4,025,000 by Lori Joyal, Managing Broker of Lila Delman Real Estate International’s Watch Hill office. This marks the highest sale in Charlestown since January 15, 2008, according to data from the Rhode Island Statewide MLS.*

The residence, constructed c. 1920 and thoroughly renovated, is sited on 5.49 acres on Ninigret Pond in the exclusive community of Arnolda. Measuring 5,424 square feet across two levels, the house has four bedrooms, six fireplaces, a dock and a boathouse.

“This unprecedented offering is one of the most iconic properties in Charlestown,” commented Lori. “ The extraordinary desire for our beautiful Rhode Island coastal properties continues to rise as evidenced by the overwhelming demand.”

Lila Delman Real Estate International has participated in the top four highest-priced, single-family home sales statewide, year-to-date, according to data from the Rhode Island Statewide MLS.*

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ABOUT LILA DELMAN REAL ESTATE INTERNATIONAL

Lila Delman founded the company’s original office in Narragansett over 50 years ago. Since then, Lila Delman Real Estate International has grown to include 6 strategically located offices, over 100 associates, a marketing department that creatively uses online social media, and an award-winning website. Utilizing international marketing partners such as 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 visit LilaDelman.com.

For more information, please contact Catherine Cloney at Lila Delman Real Estate International at 401-662-2570 or catherine.cloney@liladelman.com.

*This representation is based in whole or in part on data supplied by the State-Wide Multiple Listing Service. 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.