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Featured • News • Press • Sotheby's International Realty •
August 17, 2020
Mott & Chace Sotheby’s International Realty Breaks Another Record with Jamestown Sale
Mott & Chace Sotheby’s International Realty announces with great pleasure the sale of 260 Beavertail Road for $9,125,000. The seller was represented by Judy Chace, Broker/Co-Owner, and Erin Marsh, Sales Associate, and the buyer was represented by Bridgette Soby, Narragansett Office Manager/Sales Associate: all of Mott & Chace Sotheby’s International Realty.
According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 260 Beavertail Road is the highest sale in Jamestown in MLS history. This is also the fourth highest sale statewide this year.
Breaking a record set by the firm last year, this sale surpasses the previous highest sale in Jamestown at 609 Beavertail Road, which was sold by Judy Chace and Erin Marsh in June 2019.
The firm continues to prevail in the Jamestown market. Solidifying its presence as the luxury leader in Jamestown, Mott & Chace Sotheby’s International Realty has represented both sellers and buyers in the three of the four top sales in the municipality so far this year. Year to date, the firm has represented 67% of the single-family properties sold over $5M in the municipality, according to data available from the Rhode Island Multiple Listing Service.
“Due to uncertainty in these unpredictable times, we have seen an uptick in buyers coming from outside of Rhode Island,” says Judy Chace. “Due to its scenic nature and appealing location, Jamestown in particular has seen an exponential increase in market activity. Everyone wants to live here!”
With just seven years of service in the luxury market, associates of Mott & Chace Sotheby’s International Realty have represented more clients in the top ten Jamestown sales in MLS history than any other firm. In less than a decade, the firm has successfully grown to a top position in the state and looks forward to continuing to represent the state’s most significant and extraordinary properties.
“My client came to me looking for something else entirely,” says Bridgette Soby. “With the help and creativity of my colleagues, we were able to offer something unique to their lifestyle. We were able to expertly evolve this sale to suit this client due to our expertise and willingness to go above and beyond.”
Erin Marsh adds, “Backed by a brand that represents luxury and service, Mott & Chace Sotheby’s International Realty has risen to the top of the real estate market, this has never been more apparent than in what we have accomplished in Jamestown. We are a collaborative agency and in working together, we help clients reach their goals.”
Judy Chace affirms, “When you have the right team, the possibilities are endless. We are a young firm, but we are experienced agents backed by an established brand. We are creative, collaborative, innovative, and ready to help you find your home.”
260 Beavertail Road is an elegant oceanfront estate set on over 45 elevated acres. What was once the site of Beavertail Country Club, the property features 1,800 feet of coastline overlooking the West Passage of the Narragansett Bay. With the more than 6,500 square feet, the home boasts five bedrooms, four full bathrooms and two half bathrooms.
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 for the period of 01/01/2020 through 08/17/2020 and SFM listings with no date restrictions.
Mott & Chace Sotheby’s International Realty Announces Significant Sale in Jamestown by Judy Chace and Erin Marsh
Mott & Chace Sotheby’s International Realty is proud to announce the sale of 90 Battery Lane for $5,500,000. The sellers were represented by Judy Chace, Broker/ Co-Owner, and the buyers were represented by Erin Marsh, Sales Associate: both of Mott & Chace Sotheby’s International Realty.
Designed by noted architect Ron DiMauro, the nearly 9,000 square foot dwelling is a custom-built shingle style home situated on 3.7 waterfront acres overlooking Narragansett Bay. According to data available from the Rhode Island Multiple Listing Service, the sale of this property is the fourth highest sale in Jamestown in 2020.
Mott & Chace Sotheby’s International Realty associates have participated in three of the top four sales in the municipality this year and represented five clients, more than double any other firm. The growing success of the firm is attributed to the partnership with Sotheby’s International Realty and the global reach of the network.
“We have a strong presence in Jamestown,” says Judy Chace. “This coastal community is a very special place, and we are proud to represent some of the most exceptional properties in town.”
Erin Marsh adds, “Having grown up in Jamestown, I can attest to just how special it is. I enjoy introducing clients to this piece of paradise with confidence that they will love it just as much as I do. I am proud to be affiliated with Mott & Chace Sotheby’s International Realty, with our exceptional ability to continue to break records in Jamestown.”
“Our success is a direct result of our knowledge of the local luxury market, combined with unparalleled marketing and client care,” Judy Chace affirms. “The global reach of the Sotheby’s International Realty brand gives us an edge, certainly, but what really makes the difference for our clients is that we know the communities we serve, and we are excited to help them make an exceptional home here.”
Featured • Press • Sotheby's International Realty •
July 31, 2020
Mott & Chace Sotheby’s International Realty Announces Significant Sale in Exeter by Erin Marsh and Kelly Holmes
Mott & Chace Sotheby’s International Realty is pleased to announce the sale of 52 Kayla Ricci Way for $899,000. Erin Marsh, Sales Associate and Kelly Holmes, Sales Associate: both of Mott & Chace Sotheby’s International Realty represented the seller. The buyer was represented by Shana Speer of William Raveis Chapman Enstone.
According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 52 Kayla Ricci Way is the highest single-family sale in Exeter since August 2018.
Nestled on four acres in the desirable Quail Ridge neighborhood of Saunderstown this thoughtfully designed, custom-built home offers over 3,800 square feet with four bedrooms and three and one half bathrooms, a large eat-in-kitchen featuring plenty of storage, expansive island, walk-in pantry, and stainless appliances, and opens to a coffered ceiling living room with a stone fireplace.
Surrounded by natural beauty with mature landscaping and wildflower gardens, the property includes a heated 20×40 pool, a fully loaded pool house, outdoor kitchen, firepit, and screened gazebo with lighting.
“This home offers a perfect blend of privacy and convenience,” says Erin Marsh. “It is a private oasis and entertaining is easy indoors and out.”
“This much-coveted area is ideally located where the towns of North Kingstown, Narragansett, South Kingstown, and Exeter meet, just minutes from several beautiful beaches and the village of Wickford,” says Kelly Holmes. “This great home is ready for the next owner to enjoy the South County lifestyle that awaits.”
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 SFM for the period of 01/01/2020 through 07/31/2020.
Blog • Featured • News • Press • Sotheby's International Realty •
July 9, 2020
Mott & Chace Sotheby’s International Realty Announces Significant Sale in Narragansett by Erin Marsh and Judy Chace
Mott & Chace Sotheby’s International Realty is pleased to announce the sale of 12 Sea Gate Drive for $3,400,000. Judy Chace, Co-Owner/Broker of Mott & Chace Sotheby’s International Realty represented the seller. Erin Marsh, Sales Associate of Mott & Chace Sotheby’s International Realty represented the buyer.
According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 12 Sea Gate Drive is the third highest single-family sale in Narragansett this year.
The exceptional oceanfront setting features sweeping and unobstructed views of the Atlantic Ocean. Available for the first time in generations, the classic Cape Cod style home sits on nearly three acres of direct ocean frontage on a private laneway off of Ocean Road.
“Come and enjoy the wide expanse of rocky coast ocean frontage while listening to the crashing waves along the shore,” says Erin Marsh. “This is the perfect family summer retreat to be loved for years to come.”
Judy Chace adds, “Narragansett has been a coveted summer destination since the Gilded Age and the coast remains lined with shingle-style architectural treasures.”
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 for SFM listings for the period of 01/01/2020 through 07/09/2020.
Blog • Featured • News • Press • Sotheby's International Realty •
July 9, 2020
Mott & Chace Sotheby’s International Realty Announces Significant Sale in Narragansett by Erin Marsh and Judy Chace
Mott & Chace Sotheby’s International Realty is pleased to announce the sale of 12 Sea Gate Drive for $3,400,000. Judy Chace, Co-Owner/Broker of Mott & Chace Sotheby’s International Realty represented the seller. Erin Marsh, Sales Associate of Mott & Chace Sotheby’s International Realty represented the buyer.
According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 12 Sea Gate Drive is the third highest single-family sale in Narragansett this year.
The exceptional oceanfront setting features sweeping and unobstructed views of the Atlantic Ocean. Available for the first time in generations, the classic Cape Cod style home sits on nearly three acres of direct ocean frontage on a private laneway off of Ocean Road.
“Come and enjoy the wide expanse of rocky coast ocean frontage while listening to the crashing waves along the shore,” says Erin Marsh. “This is the perfect family summer retreat to be loved for years to come.”
Judy Chace adds, “Narragansett has been a coveted summer destination since the Gilded Age and the coast remains lined with shingle-style architectural treasures.”
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 for SFM listings for the period of 01/01/2020 through 07/09/2020.
Blog • News • Press • Sotheby's International Realty •
May 21, 2020
Mott & Chace Sotheby’s International Realty Announces Significant Sale in East Greenwich by Judy Chace and Erin Marsh
Mott & Chace Sotheby’s International Realty is pleased to announce the sale of 6 Old Farm Road for $2,350,000. Judy Chace, Broker/Co-Owner of Mott & Chace Sotheby’s International Realty represented the seller. Erin Marsh, Sales Associate, also of Mott & Chace Sotheby’s International Realty, coordinated the transaction on behalf of the buyer.
According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 6 Old Farm Road is the top single-family sale in East Greenwich in over twelve years.
“Even during these uncertain times, serious buyers are finding oasis here in Rhode Island,” states Judy Chace.
The exceptional custom home combines superior craftsmanship and pure elegance. Through iron gates leading to a courtyard with a fountain and circular drive, the thoughtfully designed 7,500 square foot stone and clapboard manor home has four bedrooms and five full and two half bathrooms.
Featuring a lower level complete with a bar, wine storage, and a cinema quality home theater, plus an outdoor terrace complete with a Viking kitchen and a 360-degree infinity pool, this house offers plenty of space for entertaining.
“This gorgeous property has it all,” says Erin Marsh. “Superior quality and perfected details with high-tech state-of-the-art systems and amenities. One-of-a-kind properties like this do not come around often.”
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 for SFM listings for the period of 01/01/2020 through 5/21/2020.
PBN Article: R.I.’s Height of Luxury: Deman Remains High as Volume of High-Priced Home Sales Plateaus
The appetite for luxury homes along the Rhode Island coast doesn’t seem to be waning, as evidenced by two transactions above the $10 million mark in 2019. But with the number of high-end sales plateauing in recent years, the question arises: Has the volume of Rhode Island’s luxury market reached its peak?
For nearly a decade, annual sales of homes with a price of $1 million or more soared from a low of 85 in 2009 – in the midst of the Great Recession – to a record-setting 276 in 2018. Yet, for the past three years, the number of luxury transactions has leveled off, with 272 sales in 2017, 276 in 2018 and 274 in 2019, according to data provided by the Rhode Island Association of Realtors.
While a tight supply of high-priced homes may be dampening total sales in some areas, the state’s real estate agents insist Rhode Island’s luxury market still has room to grow.
“In speaking with luxury specialists, the consensus is that there is no expectation of this market subsiding,” said Shannon Buss, president of the Rhode Island Association of Realtors and a broker associate at Randall Realtors. “I spoke with an agent in Newport who is a luxury specialist. He said that homes of significance are consistently entering the market. There is not a concern at this time that inventory will cap.”
In particular, homes with water views continue to be hot commodities and are being priced as such.
Case in point: The Sea Grace estate on Ocean Road in Narragansett, which went on the market in January. The gated, 2-acre waterfront property features a 12,000-square-foot home with six bedrooms and seven baths, a 36-foot infinity pool and lawn that sweeps down to a rocky shoreline. Asking price: $19 million.
“The majority of luxury homebuyers in Rhode Island are looking for some kind of water amenity,” Buss said. “Properties without ocean views or frontage have experienced longer days on market than those offering coastal amenities.”
Cynthia Moretti, a broker at Lila Delman Real Estate in Newport, who represented the buyer of a $5 million property on East Shore Road in Jamestown, acknowledged a “supply-demand imbalance” for waterfront single-family homes. She says it’s caused in part because the wealthy are getting a bigger bang for their buck when buying vacation homes in the Ocean State compared with coastal locations in Massachusetts and Long Island, N.Y.
“I’m anticipating an increase in the sale of our waterfront properties for premium prices,” she said. “People want to live on the shoreline, and they love new construction. Demand is driving the price of properties up and buyers are scooping up coastline lots, or buying property, and rebuilding because turnkey inventory is limited.”
Despite demand for luxury homes, matters beyond Rhode Island’s borders, as well as in the state, could throw a bit of uncertainty into the mix.
“Global economic events, domestic policies and local economic conditions have their effect on the rise or fall of the luxury housing market,” Moretti said. “It’s difficult to know for certain, especially in our current environment, but I remain optimistic that we will see a continued demand for luxury properties, specifically those that are turnkey.”
Despite a slight decline in the number of luxury sales, the demand translated into two mammoth transactions in 2019, both oceanfront homes selling for more than $10 million.
A Bluff Avenue estate near pop singer Taylor Swift’s home in the Watch Hill section of Westerly sold for $17.6 million, while a billionaire tech mogul purchased a mansion on Newport’s storied Bellevue Avenue for $11 million. They ranked first and second on the list of top 10 home sales for the year.
By comparison, the most-pricey home transaction in 2018 was the $9 million purchase by Judy Sheindlin, of “Judge Judy” fame, of a Newport estate called The Birdhouse.
The $17.6 million Bluff Avenue sale last year was believed to be the second-highest-priced residential sale in Rhode Island history, eclipsed only by the $17.75 million Swift paid for her oceanfront mansion a short distance away on the same street in 2013.
Lori Joyal, a broker at Lila Delman and the agent for the seller of the Watch Hill property, said she has “seen an uptick in Rhode Island’s luxury market, as savvy buyers identified great value in waterfront properties when compared [with] markets such as Cape Cod and [Martha’s Vineyard and Nantucket] or the Hamptons [on Long Island].
“The historic sale of 10 Bluff Ave. is a testament to today’s luxury buyer’s appreciation for turnkey properties and the premium associated with this convenience,” Joyal said.
Still, real estate agents acknowledge that move-in-ready inventory at the highest end of the market along the coast is scarce right now.
“A house like this [at 10 Bluff Ave.], with such spectacular beachfront acreage, comes along very infrequently in Watch Hill,” said Donna Simmons, the agent for the buyers and a broker at Mott & Chace Sotheby’s International Realty.
The second-highest sale for 2019 was the purchase of Seacliff mansion in Newport, by tech mogul Larry Ellison for $11 million. Ellison is amassing a collection of Newport mansions. His purchase marks the fourth property in his portfolio on Bellevue Avenue.
The next-highest sale was $8 million for a shoreline property at 609 Beavertail Road in Jamestown. The 7-acre, 8,534-square-foot estate is located on an oceanfront cliff. Mott & Chace represented both sides of the sale.
Judy Chace, the listing agent, said the home “is an architecturally stunning contemporary with dramatic Newport Harbor views and a guest house in perfect condition. The buyer wanted an easy-living, oceanfront family estate that was beautifully designed and move-ready.”
Erin Marsh, the broker who represented the buyer, echoed Chace’s sentiments.
“The coastal luxury/second-home market continues to be strong in Rhode Island, with beautiful, sandy beaches and quaint seaside towns – real estate is viewed as reasonable considering the lifestyle the state offers,” Marsh said.
TOP TEN REAL ESTATE SALES 2019
1. 10 Bluff Ave. | Westerly
PRICE: $17,600,000
DATE SOLD: Nov. 1, 2019
BUYERS: Paul Cappuccio and Matt Shea
SELLER: Kevin Wendle
BROKER: Mott & Chace Sotheby’s International Realty (buyer); Lila Delman Real Estate (seller)
YEAR BUILT: 1903
BATHROOMS: 8 full, 1 half
BEDROOMS: 9
LIVING SPACE: 10,000 square feet
PREVIOUS PRICE: Originally listed for $18,900,000 in May 2019.
2. Sea Cliff | 562 Bellevue Ave. | Newport
PRICE: $11,000,000
DATE SOLD: Jan. 31, 2019
BUYER: Larry Ellison
SELLER: Peter Madden
BROKER: N/A
YEAR BUILT: N/A
BATHROOMS: 4 full, 2 half
BEDROOMS: 5
LIVING SPACE: N/A
PREVIOUS PRICE: Last assessed at $6,800,000 in 2018.
3. 609 Beavertail Road | Jamestown
PRICE: $8,000,000
DATE SOLD: June 21, 2019
BUYER: Barclays Trust
SELLER: Nelson Northern Properties LLC
BROKER: Mott & Chace Sotheby’s International Realty (buyer and seller)
YEAR BUILT: 1996
BATHROOMS: 5 full, 3 half
BEDROOMS: 5
LIVING SPACE: 8,534 square feet
PREVIOUS PRICE: Originally listed for $8,975,000 in June 2018.
4. 146 Brenton Road | Newport
PRICE: $7,300,000
DATE: Jan. 22, 2019
BUYER: Pumo LLC
SELLER: Anthony W. Ruggiero
BROKER: Gustave White Sotheby’s International Realty (buyer); William Raveis Chapman Enstone (seller)
YEAR BUILT: 1987
BATHROOMS: 6 full, 3 half
BEDROOMS: 5
LIVING SPACE: 6,357 square feet
PREVIOUS PRICE: Originally listed for $7,950,000 in September 2018.
5. 850 East Shore Road | Jamestown
PRICE: $6,325,000
DATE SOLD: April 22, 2019
BUYERS: Barbara R. Kirk, Karl D. Kirk Jr. and Katherine R. Kirk
SELLERS: Mary G. Long and Ronald E. Long
BROKER: Mott & Chace Sotheby’s International Realty (buyer and seller)
YEAR BUILT: 1680
BATHROOMS: 2 full, 1 half
BEDROOMS: 5
LIVING SPACE: 4,188 square feet
PREVIOUS PRICE: Originally listed for $6,850,000 in June 2018.
6. 229 Ruggles Ave. | Newport
PRICE: $6,200,000
DATE SOLD: Sept. 30, 2019
BUYER: Midcliff LLC
SELLER: R&D Trust
BROKER: Lila Delman Real Estate (buyer and seller)
YEAR BUILT: 1886
BATHROOMS: 10 full, 1 half
BEDROOMS: 12
LIVING SPACE: 13,748 square feet
PREVIOUS PRICE: Originally listed for $7,700,000 in May 2019.
7. 35-36 Beach Drive | Little Compton
PRICE: $5,075,000
DATE SOLD: May 29, 2019
BUYER: Christopher and Julie Darnell
SELLER: Donald F. and Eleanor B. O’Neill
BROKER: Keller Williams Realty Group (buyer); Mott & Chace Sotheby’s International Realty (seller)
YEAR BUILT: 1987
BATHROOMS: 4 full, 1 half
BEDROOMS: 4
LIVING SPACE: 4,178 square feet
PREVIOUS PRICE: Originally listed for $5,075,000. Date N/A.
8. 238 East Shore Road | Jamestown
PRICE: $5,000,000
DATE SOLD: May 31, 2019
BUYER: Seaspray LLC
SELLER: Jamestown Cottages Co. LLC
BROKER: Lila Delman Real Estate (buyer and seller)
YEAR BUILT: 2018
BATHROOMS: 3 full, 1 half
BEDROOMS: 4
LIVING SPACE: 3,540 square feet
PREVIOUS PRICE: Originally listed for $5,750,000 in July 2018.
9. 66 Williams St. | East Side of Providence
PRICE: $4,600,000
DATE SOLD: Dec. 18, 2019
BUYER: Lorne A. Adrain
SELLER: Jocelin Hamblett
BROKER: CrossRoads Real Estate Group (buyer); Mott & Chace Sotheby’s International Realty (seller)
YEAR BUILT: 1810
BATHROOMS: 5 full, 4 half
BEDROOMS: 6
LIVING SPACE: 11,790 square feet
PREVIOUS PRICE: Originally listed for $5,500,000 in February 2019.
10. 40 Newton Ave. | Narragansett
PRICE: $4,500,000
DATE SOLD: April 15, 2019
BUYER: Michael J. Gretz
SELLER: Guy Lancellotti III
BROKER: Island Realty (buyer); Lila Delman Real Estate (seller)
YEAR BUILT: 1884
BATHROOMS: 7 full, 1 half
BEDROOMS: 5
LIVING SPACE: 8,882 square feet
PREVIOUS PRICE: Originally listed for $6,495,000 in August 2017.
Blog • News • Sotheby's International Realty •
December 24, 2019
Mott & Chace Sotheby’s International Realty Announces Significant Sale in Narragansett by Judy Chace and Erin Marsh
Mott & Chace Sotheby’s International Realty is proud to announce the sale 94 Central Street for $1,600,000. The sellers were represented by Judy Chace, Broker/Co-Owner, and Erin Marsh, Sales Associate: both of Mott & Chace Sotheby’s International Realty. Elizabeth Cournoyer of Residential Properties, Ltd. represented the buyers.
The iconic property known as “LaSata”, Native American for “House of Peace”, was built in 1887. Once owned by M.C. Bouvier, a Wall Street financier and great uncle to Jacqueline Bouvier Kennedy Onassis and her sister Princess Lee Radziwell who summered there as young girls, this meticulously restored 5,445 square foot historic home is simply delightful.
The nine bedroom and four- and one-half bathroom, set on beautifully landscaped 1.22 acres with colorful flower gardens, lush lawns and wonderful trees boasts six fireplaces, hardwood floors throughout, a charming carved staircase and oversized windows.
“This remarkable home is as special as it is historic,” says Erin Marsh. “We are proud to have represented the seller in this sale.”
“Clients trust us with a special piece of their lives,” adds Judy Chace. “We deliver results and continue to lead in the luxury market.”
Blog • Featured • Sotheby's International Realty •
December 18, 2019
Mott & Chace Sotheby’s International Realty Represented More Buyers and Sellers in the Top Sales of 2019
This year, Mott & Chace Sotheby’s International Realty has commanded the luxury side of Rhode Island real estate. 2019 has seen some of the highest recorded sales in MLS history, and agents of Mott & Chace Sotheby’s International Realty have represented five out of ten clients in these top sales: more than any other firm.
10 Bluff Avenue located in Westerly was sold for $17,600,000 and represents the highest recorded single-family property sale ever in Watch Hill. The home, located between The Ocean House and Taylor Swift’s property, is also the highest ever recorded single-family sale statewide. Swift’s privately purchased home remains the highest single-family property sale statewide. 10 Bluff Avenue is the highest known sale in Watch Hill since then.
Buyer’s Agent: Donna Simmons, Mott & Chace Sotheby’s International Realty
Seller’s Agent: Lori Joyal, Lila Delman Real Estate
Another record-breaking oceanfront sale by Mott & Chace Sotheby’s International Realty was made in July when agents of the firm represented both sides of 609 Beavertail Road, Jamestown. The $8,000,000 sale included the spectacular seven-acre contemporary estate and additional adjoining lot, set high on a cliff at Jamestown’s southern tip overlooking picturesque Newport Harbor. This represents the highest recorded single-family property sale ever in Jamestown, according to data available from the Rhode Island Multiple Listing Service. This is the second highest single-family sale statewide of 2019.
Buyer’s Agent: Erin Marsh, Mott & Chace Sotheby’s International Realty
Seller’s Agent: Judy Chace, Mott & Chace Sotheby’s International Realty
The sale of 850 East Shore Road, Jamestown for $6,325,000 ranks as the fourth highest sale in Rhode Island in 2019. The second highest transaction in Jamestown this year, agents of Mott & Chace Sotheby’s International Realty represented clients on both ends of the transaction at “Cajacet Farm”. The home, built in 1690, is rich in history; Local legend is that Captain Kidd visited in 1699 and asked his friend to hide his treasure while he returned to England. Kidd was arrested and never returned.
Buyer’s Agent: Erin Marsh, Mott & Chace Sotheby’s International Realty
Seller’s Agent: Judy Chace, Mott & Chace Sotheby’s International Realty
News • Press • Uncategorized •
June 27, 2019
Mott & Chace Sotheby’s International Realty Announces Significant Sale in Jamestown by Judy Chace and Erin Marsh
Mott & Chace Sotheby’s International Realty is proud to announce the record-breaking oceanfront sale of 609 Beavertail Road for $8,000,000. The sale includes the spectacular seven-acre contemporary estate and additional adjoining lot, set high on a cliff at Jamestown’s southern tip overlooking picturesque Newport Harbor. The sellers were represented by Judy Chace, Broker/ Co-Owner and the buyers were represented by Erin Marsh, Sales Associate; both of Mott & Chace Sotheby’s International Realty.
This represents the highest recorded single family property sale ever in Jamestown, according to data available from the Rhode Island Multiple Listing Service. This is also the highest single family sale statewide so far this year.
Judy Chace said, “As a 30-year veteran in this business, I am still awed by the beauty of our state and was honored to have been chosen to represent this stunning one-of-a-kind coastal treasure. I loved showing the home and am so happy to have assisted the seller in finding the home’s perfect new owner.”
Solidifying its presence as the luxury leader in Jamestown, Mott & Chace Sotheby’s International Realty has represented both the sellers and buyers in the top two sales in the municipality this year.
“As a second generation native of this beautiful island, Jamestown is part of my DNA,” says Erin Marsh. “It is a pleasure to introduce clients to the island and it’s a wonderful feeling when they fall in love and decide to call it home.”
Mott & Chace Sotheby’s International Realty remains Rhode Island’s leading luxury real estate company for residential sales volume over $1 million. At just six years in business, the firm has attained the top position in the state and looks forward to continuing to successfully represent the state’s most significant and exceptional properties. 
