Lila Delman Real Estate announced the sale Friday of 31 Ridge Road in Newport for $8,500,000. The property sold for $550,000 more than the original list price and was under contract in six days. Lila Delman Real Estate was both the listing and the selling company. President Melanie Delman and Broker Associate Robin Nicholson represented the seller; Sales Associate Kate Leonard represented the buyer.
“Newport is experiencing an increase in demand for the type of spectacular waterfront property Ridge Road exemplifies.” said Melanie Delman.
This exceptional Newport waterfront property includes fabulous panoramic views of Newport Harbor, Jamestown and Narragansett Bay from a private 4.36 acre enclave.
The waterside pool and spa overlook the harbor and the sweeping lawn of Hammersmith Farm. A private drive leads into one of Newport's most dramatic and picturesque settings.