Lila Delman Real Estate Sells Narragansett Property at a Historic Price

November 15, 2010

Lila Delman Real Estate Sells Narragansett Property at a Historic Price

The property at 580 Ocean Road in Narragansett sold on November 15, 2010 for $6,400,000; the highest sale in Narragansett history.  Lila Delman Real Estate was both the listing and selling company.  Principal Broker John Hodnett represented the seller; Realtor® Rosemary Simpson represented the buyer.  Additionally, Lila Delman Real Estate has sold two of the three highest sales ever in Narragansett during 2010.

We are starting to see some confidence in the luxury segment as evidenced by these transactions in Narragansett and the sales we are conducting in additional luxury markets during the 2010 calendar year – John Hodnett, Principal Broker of Lila Delman Real Estate

The property on Ocean Road is sited on the former location of the main house of the Dunmere Estate, which was originally built in the 1880’s for Robert Graham Dun of Dun and Bradstreet and considered the premier showplace property for Narragansett’s Victorian era summer crowd.  This sprawling contemporary sits 35 feet above crashing waves on almost six oceanfront acres.

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* #1 LUXURY RANKING BASED ON HIGHEST TOTAL DOLLAR VOLUME OF THE TOP 10 HOME SALES IN THE STATE OF RI FOR 2016. ALL REPRESENTATIONS IN THIS PRESENTATION ARE BASED IN WHOLE OR IN PART ON DATA SUPPLIED BY THE STATEWIDE MLS. 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.
MLS
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Lila Delman Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing brokers.
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