Mott & Chace Sotheby’s International Realty Announces The 903 Residences at Providence Place are Now Completely Sold Out
Mott & Chace Sotheby’s International Realty is pleased to announce the successful sellout of The 903 Residences at Providence Place. The sale of over 230 condominium homes took place ahead of the projected timeline while establishing new gross and price per square foot rates in the market.
As the exclusive listing brokerage of the The 903 Residences, the firm successfully sold out all units, achieving over $77 million, according to the data available from Rhode Island Statewide Multiple Listing Service. The Mott & Chace Sotheby’s International Realty specialists, Ben Scungio, Sara Chaffee, Kimberly Marion, and The Blackstone Team, were the driving force in repositioning the structure of the established condominium association from long term rentals to individually-owned units marketed to owner-occupants.
The firm is the only residential brokerage in the state to have facilitated two large scale condominium sell outs. Mott & Chace Sotheby’s International Realty’s accomplishment at The 903 Residences follows the firm’s successful sellout of the Arcade Providence micro-lofts earlier this year.
By establishing a well-executed business strategy and a targeted marketing plan, Mott & Chace Sotheby’s International Realty delivered The 903 Residences’ management company a blueprint to resulting in the sellout that maximized values.
“Our partnership with Mott & Chace Sotheby’s International Realty exceeded our expectations, executing the strategy with results that speak for themselves,” noted Tina Bacci and Wayne Lopez, Principals at RESIS Real Estate Sales Integration Solutions. “The first-rate team, with superior local knowledgeable, was just as determined as we were to bring The 903 Residences to the next level. Thank you to all involved.”
“We are honored to share this success with our clients, our sales associates, and the team at The 903 Residences”, states Ben Scungio, Regional Manager and Team Lead for The 903 project. “This was an incredible project to have been involved with, exemplifying once again that Mott & Chace Sotheby’s Realty has the experience and expertise to handle large, long term, and complex partnerships.”
This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market.
We elevate the real estate experience for agents too.
Congratulations to all on being 2022 Rhode Island Monthly Professional Excellence in Real Estate Winners!
Mott & Chace Sotheby’s International Realty Announces The 903 Residences at Providence Place are Now Almost Completely Owner Occupied
Mott & Chace Sotheby’s International Realty is pleased to announce The 903 Residences at Providence Place is nearing full owner occupancy. With approximately 25 units remaining, the condominium association is estimated to be completely owner occupied by the end of August 2022.
The firm is the only residential brokerage in the state to facilitate a large-scale condominium sell out. According to the data available from Rhode Island Multiple Listing Service, the brokerage sold over $25M in total sales volume and over 90 units in 2021.
Additionally, Mott & Chace Sotheby’s International Realty has facilitated the sale of more than 206 units at The 903 Residences over the past three years with a total of $67M+ in sales volume.
With the help and direction of the Mott & Chace Sotheby’s International Realty team, The 903 Residences’ management company has maximized the investment by maintaining rental cash flow with the leases in place and presenting tenants the opportunity to buy their units.
“We are thrilled with the outcome of the partnership with Mott & Chace Sotheby’s International Realty,” says Wayne Lopez, Director of Sales and Marketing at RESIS. “A well-executed business strategy coupled with excellent marketing and knowledgeable agents helped us move the needle on this project and create more housing opportunities in Providence.”
Mott & Chace Sotheby’s International Realty is the exclusive listing brokerage of the condominium units at The 903 Residences. The specialists, Ben Scungio, Sara Chaffee, Kimberly Marion, and The Blackstone Team, are the driving force in changing the structure of the established condominium association from long term rentals to primarily owner-occupied units.
“Due to the incredible work by the sales team, this has been an amazing accomplishment. This success of this project highlights the talent and capabilities of Mott & Chace Sotheby’s International Realty. Thank you to all!” states Ben Scungio, Regional Manager and Team Lead for The 903 partnership.
This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service through 1/13/2022.
What You Can Buy for $700,000 in Rhode Island
Looking for the right house at the right price? Not easy in today’s high-demand real estate market.
The folks at Mott & Chace Sotheby’s International have selected a collection of homes from across the region in the $700,000 price range.
Take a tour.
Tranquility and peace! Walk down the abutting path, strolling through a bird sanctuary, to beach access with stunning ocean views right from your home. Unique opportunity to own a legal multi-family zoned home and cottage, beach access to Long Meadow Fishing Area/Beach with a great location for kayaking. Completely renovated and rebuilt in 2007 with an addition added on, here are just some of the features of this custom home. Oversized lot with 3 to 5 possible beds, 4 1/2 baths, huge master bedroom with a gorgeous walk-in closet, hardwoods throughout, mahogany trim throughout, sprinklers, radiant heat flooring including floor of 2 car oversized garage, 27′ x 29′ great room/media room, wired for surround sound in living room/master bedroom/great room, 8 outside water spigots including one near garage offering hot and cold water, solar heat is almost ready to use with a few updates, two 220 amp circuits in garage for possibly electric car charging station, generator hookup available, even heated wall tile in master bedroom shower! Don’t miss your opportunity to view this very special property. Includes a full in-law or 1-bed cottage with 3 separate entrances, for rental income of approximately $15,000 annually.
Listed by Ben Scungio
Classic four-bedroom, two-bath colonial with spacious eat-in kitchen, replacement Pella windows, recently installed a/c, roof, and generator. The first floor offers a generous living room with a gas fireplace and dining room. The second floor offers 4 bedrooms. Hardwood floors throughout the first and second floor. Entertaining is easy with the oversized private backyard with an in-ground pool and patio. The partially finished basement is perfect for storage or a workout area. The bike path is within 2-minutes and the beach is a short 5-minute drive.
Listed by Kim Marion
An amazing opportunity to live in a private retreat in the highly coveted Oak Forest neighborhood in this story-book Dennis Talbot home! Talbot homes are well-known as a gold standard of quality construction in Little Compton. You will embrace the beauty of every season surrounded by numerous walls of windows, cathedral ceilings with natural wood beams, and a glassed three-season room opening to a large deck. The focal point of the living room is a massive wood-burning brick fireplace. Additionally, enjoy the warmth of the wood stove in the dining area. The first-floor bedroom overlooks a tree-lined street and stone walls. Upstairs you will find the primary suite, walk-in closet, full bath, and loft office space with clever built-in storage. Just minutes to the beach and town Commons, farm stands, and the trails at Simmons Mill Pond, you’ll enjoy the best that Little Compton has to offer. Situated on nearly 4-acres in a wonderful neighborhood, you can walk and meet your neighbors while still having the peace and quiet you expect in the country. The lovely acreage surrounding the house creates the perfect summer retreat or full-time residence for the nature lover. The home features too many upgrades to list; including a 40-year roof with warranty, Anderson skylights, propane heating system, Kohler generator with OnCue Monitoring System, AcquaScience water filtration system, Pioneer Dehumidifying System, and ADT Security system.
Last week, several Mott & Chace Sotheby’s International Realty agents attended the Ninja Selling training installation on Cape Cod. Please join us in congratulating all of our Ninjas!
Luxury Real Estate Experts
Mott & Chace Sotheby’s International Realty is the premier choice for Rhode Island luxury real estate. Spearheaded by two of Rhode Island’s most accomplished and respected brokers, we represent some of the most distinctive properties in Coastal Southern New England. It is our mission to provide you with the world-class service and property exposure that you expect when working with a Sotheby’s International Realty® affiliate.
According to data available from Rhode Island Multiple Listing Service, Mott & Chace Sotheby’s International Realty has participated in the following top sales this year.
6 McKenzie Drive | $1,449,000 | Highest Ever Residential Sale in Smithfield
Seller represented by Donna Conway, Sales Associate
23 Overlook Trail | $1,450,000 | Highest Ever Sale in Scituate
Seller represented by Donna Conway, Sales Associate
101 North Main Street | $900,000 | Highest Residential Sale in Providence 2021
Buyer represented by Ben Scungio, Sales Associate/Office Manager
256 East Shore Road | $6,970,000 | Highest Sale in Jamestown 2021
Seller represented by Nicole Carstensen, Sales Associate
35 Bridgham Farm Road | $975,000 | Highest Sale in East Providence 2021
Seller represented by Amy I. Doorley-Lucas, Sales Associate
85 Nayatt Road | $4,587,500 | Highest Sale in Barrington 2021
Buyer represented by Ray Mott, Co-Owner/Broker
At Mott & Chace Sotheby’s International Realty, we understand how to leverage the power of local expertise with the worldwide reach of the iconic Sotheby’s brand. Our agents have deep and far-reaching knowledge of their local markets. The Sotheby’s International Realty network connects your real estate needs to a global network of over 17,000 sales associates located in approximately 800 offices in 61 countries and territories worldwide. Truly, this is the quintessential luxury real estate brand. Put our global connections and targeted reach to work for your home today.
This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service.
Properties for Sale on East Side of Providence From $1.4M to $7.9M
Saturday, July 03, 2021 | GoLocal Prov and Mott & Chace Content Partnership | GoLocalProv.com
The East Side is one of the most desirable neighborhoods on the East Coast. A historic neighborhood with many park-like streets in the middle of the city.
If the East Side is desirable, then these are among the most desired homes.
Take a look at what the folks at Mott & Chace have to offer.
Immaculate, Turn of the Century Home in the College Hill area of Providence’s East Side. Italianate style with stunning architectural detail, gleaming inlaid hardwood floors, fireplaces and huge stone patio creates a fantastic private outdoor space. Side entrance off magnificent brick parking plaza with space for 4 vehicles. Completely remodeled and designed professional kitchen with top-of-the-line Sub Zero freezer, refrigerated drawers, Viking Stove, soapstone counters, dazzling hardwood floors to name a few of the features. This spacious estate features 8 bedrooms and 3 full baths and a lavette. Newer state of the art heating system. Quintessential East Side Home. A short walk to the train station and 30 minutes to Boston, 3 hours to New York City and less than 40 minutes to any of RI’s beaches. Providence offers some of the finest Colleges, Universities, Art Museums, Theatres, Fine Dining and Entertainment venues in New England.
Listed by Liz Kinnane
Family owned and first time offered for sale since the home was built in 1937. The stately home was built by architect Albert Harkness for the daughter of John R. Freeman for whom the street and the well-known 60 +/- acre Freeman plat were named. The striking brick surround home with slate roof is a blend of Federal, Greek Revival, English Regency and Modernism. This attention to detail is evident throughout this beautifully constructed home. Hand carved moldings, forged ironwork, mahogany doors and imported flooring from a pub in Ireland are a few examples seen throughout the house. The gracious octagonal Foyer is flanked by a formal dining room and a formal living room, both with wood carved surround fireplaces. A sunny, spacious kitchen has a a butler’s pantry with glass cabinets a wet bar and a breakfast nook that overlooks the park like grounds. A cozy library with fireplace, powder room and sunporch complete this first floor. Upstairs there are three ensuite bedrooms, an office, dressing room and a large hallway. The third floor is accessed by a back stairway has four rooms and a full bathroom. The basement is full and has a finished room with a large stone fireplace and a wet bar. This rare offering consists of three lots of record, the main house, the garden lot and the tennis court. Come view this home to fully appreciate all the fine craftsmanship throughout. An unparalleled opportunity for gracious East Side living awaits the next owner.
Timing is everything! Rare opportunity to live and work remotely from this last true Providence “Estate”. Luxury at its best, the property offers an incredible 4br 9000 sq ft manor house with large reception and entertaining areas including a separate 2-story gallery, and a modernized 1971 sq ft Carriage house/office with a full kitchen and 1 1/2 baths, located on 3.37 acres of glorious private park-like gardens. Currently 2 lots (460 & 440 Rochambeau). The opportunities are endless!
From Edge Hill to Oak Hill—Homes for Sale for About $500,000
Sunday, June 13, 2021 | GoLocal Prov and Mott & Chace Content Partnership | GoLocalProv.com
Take a look at three homes around Rhode Island that price for about $500,000.
The team at Mott & Chace Sotheby’s International has selected a range of properties.
44 Fowler, in the Oak Hill neighborhood of Pawtucket, just north of the East Side, is a single-level mid-century home built in 1956. The property is in pristine condition inside and out with no amenity overlooked. The main level offers 4 bedrooms, including a primary suite, 2.5 baths and 2,000 sqft of living space. This level includes a bonus room perfect for an office, home gym or spacious mudroom with sliders to a private patio perfect for entertaining. The newly remodeled stainless and granite kitchen with island overlooks both the living and dining room. The integral 2-car garage walks right into the modernly finished basement, which could be used as a full in-law apartment, kid-zone or media space. This lower level adds another 800 sqft to the home and has its own full bath and laundry, plus lots of dry storage. New roof, fresh exterior paint and central AC–all on a 6200 sqft that is across the street from a park with tennis courts. Many options for the sophisticated buyer looking for a turnkey property in an amazing location.
Listed by Ben Scungio
One of the most recognized homes that overlooks Roger Williams Park, this brick center hall colonial was architect-designed by Jos. M. Mosher and is ready for the next owner to make it their own. Throughout the first and second floor you will find many period architectural details The first floor offers a large living room, dining room, half bath, kitchen and screened in porch which overlooks the park. The second floor offers 4 bedrooms and a full bathroom. The third floor is unfinished attic space currently perfect for storage but has the potential to be finished.
Listed by Amy I. Doorley-Lucas
Live and Play by Greenwich Bay! ‘The Willet’ design in desirable Anglesea II offers the space of a single-family home with benefits of low maintenance condo lifestyle. The main living spaces with cathedral ceilings provide an open living and dining room with hardwood flooring, transom windows and a double-sided gas fireplace that opens to a home office/den. The eat-in kitchen is well equipped for cooking and entertaining as well as a built-in desk area. Choose the first or second-floor primary bedroom, and make your guests comfortable in the third ensuite bedroom on the upper level. Two car, attached garage and full basement. Walk to the water and Rocky Point State Park/Beach. Play Golf, Tennis and swim at nearby Warwick Country Club or Harbour Lights. Dock your boat at a nearby Marina. Within minutes to all conveniences. Ten Minutes to TF Green/Commuter Rail.
Mott & Chace Sotheby’s International Realty has listed an incredible East Side of Providence estate. One of the capital city’s finest luxury properties located on a private manicured 2.6-acre lot, 460 Rochambeau Avenue is on the market for an asking price of $7,900,000. Heidi Farmer, Sales Associate, and Ben Scungio, Regional Manager, are representing the seller.
Built in 1915, was designed by Eliezer B Homer for Rhode Island School of Design instructor William Brigham and his wife, Clara. A rare offering, the property is the last privately owned estate on the East Side of Providence. With two separate quarters, a 9,000 square foot main home, and a 1,975 carriage house with a full kitchen and one and one-half bathrooms, the residence is perfectly situated for modern lifestyle trends such as remote work or multigenerational spaces.
Located on a beautiful private corner lot on Blackstone Boulevard, this magnificent property offers an abundance of living and working spaces, creating many possibilities and solutions for prospective owners. The carriage home and gallery are accessible via separate entrance into the property. The gallery, at over 1,700 square feet, boasts enough space to hold events safely.
Heidi Farmer says, “With today’s demands for a balanced live/workspace, this rare home offers it all – peace and serenity to be found right in the middle of the city.”
Prominent features include a mature tree-lined driveway behind a gate, lush greenery and gardens throughout the grounds, original architectural details, four bedrooms, three bathrooms, and three half bathrooms.
“We are proud to bring this unique opportunity to the Providence luxury market,” adds Ben Scungio. “A distinct property such as 460 Rochambeau Avenue deserves the attention a distinct luxury real estate firm can garner. Mott & Chace Sotheby’s International Realty has the power of global reach to offer a best in class experience to our client.”
Best Value, Cool Condominiums in Providence
Take a look a collection of condos in Providence for no more than a tad over $500,000.
The folks at Mott & Chace Sotheby’s International Realty have put together some great suggestions for you.
Multiple Units Available
Listed by The 903 Residences Specialists
Just footsteps away from everything that downtown Providence has to offer the 903 Residences provide a tranquil oasis to call home when you are not exploring the city. On your downtime enjoy the unprecedented amenities at the 903 including a 24-hour fitness center, resort-style swimming pool, Jacuzzi, surround sound movie theater, clubhouse, concierge, and garage parking with electric car charging stations. With a variety of studio, one-bedroom, and two-bedroom homes the 903 has something for everyone. The apartment homes feature all the conveniences and fixtures one desires such as central air, in-home washers and dryers, and modern kitchens with stainless steel appliances.
Listed by Sam Glicksman
Housed in a Historic Tudor Victorian, this elegant two-bedroom condominium is highlighted by a private entrance, beautiful stainless/granite kitchen, hardwood floors, fireplace, fenced-in patio, large windows, high ceilings & crown molding. Other features include an entry foyer, in-unit laundry, in-fee hot water, storage & assigned parking. Centrally located within walking distance to Wayland Square, Thayer, Brown, RISD, and Downtown restaurants, shopping, and transit.
Listed by Stephen Antoni
Beautifully appointed two bedrooms and two bathroom corner unit with sweeping views of the Eastside and river located on the 11th Floor in Providence’s luxury high-rise at Waterplace residences. 1,200 square feet of living space with top-of-the-line Bosch stainless steel appliances, granite counters, marble counters in bathrooms and great storage space. The unit comes with deeded indoor, underground parking and a storage unit. Full-service amenities with 24-hour concierge service, fitness center, rooftop terrace, community room, restaurant, and much more. The convenient downtown location is a short walk to the train station that can connect you to Boston in less than an hour or RI’s International airport in 20 minutes. Enjoy the great restaurants, cultural and educational places to visit in Rhode Island.