23 Oct

COMMODORE WILLIAM EDGAR HOUSE C. 1885 SELLS FOR $3.534M, MARKING RHODE ISLAND’S HIGHEST MULTI-FAMILY SALE THIS YEAR*

COMMODORE WILLIAM EDGAR HOUSE C. 1885 SELLS FOR $3.534M, MARKING RHODE ISLAND’S HIGHEST MULTI-FAMILY SALE THIS YEAR*

Lila Delman Real Estate continues its history of excellence with the sale of the Commodore William Edgar House c. 1885, 25 Old Beach Road, in Newport for $3,534,500. This transaction marks the highest multi-family home sale in Rhode Island year-to-date, according to data maintained by the Rhode Island Statewide MLS.* Kendra Toppa, Lila Delman’s Newport Sales Manager, and the late Melanie Delman represented the seller.

“One of Lila Delman’s strengths is marketing unique and important properties,” commented Kendra Toppa. “We believe respecting a property’s provenance and place within Newport’s historical fabric is key to achieving a successful outcome for our clients.”

The Commodore William Edgar House c. 1885 is a traditional Georgian Wrenian Colonial Revival designed by the esteemed architectural firm McKim, Mead & White for a founding member of the New York Yacht Club. Measuring 13,682 square feet across two units, the property features a total of ten bedrooms, eight bathrooms and intricate design details throughout.

Prior to this transaction, Lila Delman held the record for the highest multi-family home sale in Newport this year for the sale of 29 Bull Street at $1,255,000.*

*This representation is based on information from the Rhode Island Association of Realtors (alternatively, from State Wide MLS) for the period of January 01, 2018 – October 22, 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.