House Lust: This Is What $43 Million Gets You in Newport
Seaward, the priciest property in Rhode Island history, has seven bedrooms, nine bathrooms, forty-five waterfront acres, eighty-two windows and a pavillion big enough to host 1,000 of your closest friends for dinner.
New York. Connecticut. Definitely California. But $43.5 million for property in little Rhode Island?
That’s the asking price for Seaward, a Newport estate listed with Boston’s Compass in late June. The price tag, the highest in Rhode Island MLS history, makes fiscal sense: The two newly renovated homes on the property are buffered by forty-five blissful acres, an unheard-of swath of land in property-dense Newport. The main house overlook Prices Neck Cove with the Atlantic beyond — all viewable from the infinity edge pool and from many of the cumulative eighty-two windows (yes, the listing is that specific) in the main and guest homes.
An early incarnation of the property — which was called Avalon at the time — was owned by the late International Tennis Hall of Fame founder, James Van Alen, and his wife, Candace. The Van Alens gutted the main house in the ’70s after a fire nearly destroyed it. The current owners bought the home for $10.3 million in 2004. They knocked down the main house and started from scratch, building a glamorous 7,000 square foot mansion in its place, and added the 3,000 square foot guest cottage. A pavilion can accommodate 2,000 people for a cocktail party and 1,000 seated dinner guests; now that’s what I call intimate.
Here’s your House Lust:
For more information about Seaward, contact Jeannemarie Conley at 617-312-3991 or visit compass.com.