| | Advanced Search

 

Del’s Lemonade Tops List for ‘Most Significant’ Chain Restaurant in Rhode Island—Del's Lemonade was named the "most significant restaurant…

Providence Named One of the 11 Greatest Foodie Cities In America—Providence was ranked one of the 11 greatest…

Hasbro Will Open Exhibit on the Creation of “Transformers”—Hasbro Inc., will unveil its new exhibit “From…

Stan Tran Unveils Job Plan—Republican candidate for Rhode Island’s 1st Congressional District…

Commerce RI Partners to Lower Costs of Solar Power in Rhode Island—The Rhode Island Commerce Corporation (Commerce RI), the…

Secretary of Defense Chuck Hagel to Speak at “Defense Innovation Days” Event—Secretary of Defense Chuck Hagel and several other…

Misquamicut Beach to Present FallFest—The Misquamicut Business Association will host FallFest at…

Gronkowski “Good to Go” Week 1—Rob Gronkowski told reporters at Gillette Stadium that…

Russell Moore: Experience Makes Caprio a No-Brainer for Treasurer—Let's face it: politics is strange business.

Smart Benefits: Two Regs Issued on Contraceptive Coverage—Two regulations on contraceptive coverage were recently issued…

 
 

NEW: Oceanfront Land in Little Compton Sells For $7.8 Million

Tuesday, December 04, 2012

 

An aerial view of the breathtaking location of Seaconnet Point Farm in Little Compton, a significant portion of which was sold this week. Photo: Residential Properties.

A significant portion of the unequaled oceanfront property known as Seaconnet Point Farm in Little Compton, Rhode Island, has sold for $7,800,000 in the last week. This is the highest property sale in Little Compton this year. The transfer to the new owner consists of two separate parcels on Washington Road, titled Watch House and Carriage House for the structures on the land. Judy Chace of Residential Properties Ltd. sold the property.

Panoramic views + privacy

The combined lots occupy 16.25 acres on the southwestern most tip of Little Compton. From this vantage point are panoramic views of the ocean, islands, lighthouse, beaches, ponds, swans, meadows, harbor, marina, and sunsets. Privacy is buffered by 46 protected acres. Watch House's 11.7 acres boast a wholly private white-sand beach, a coastal pond, and a building site set 260 feet from the sea on a broad and level lawn over granite, perched above the 500-year floodplain with commanding views in all directions. Carriage house is the next contiguous land up Washington Road away from the ocean.

More properties have sold so far this year in Little Compton than for all of 2011 and Ms. Chace has been involved in several of these. She also sold the Seaconnet Point Farm's "High Point", which was part of the original estate, in October of 2011 for $3.15 million. Of the Farm's 74.6 acres, 45.9 have been placed in permanent conservation with easement to these properties. The local market is on track to have nearly a 47% increase in unit volume and should also exceed the town’s $907,238 average sales price versus last year.

 

Related Articles

 

Enjoy this post? Share it with others.




Write your comment...

You must be logged in to post comments.