Joyal of Lila Delman Real Estate handles $7.5 million sale in Weekapaug, RI

October 09, 2020 - Rhode Island

Weekapaug, RI Lila Delman Real Estate has completed the sale of “Oceanwide,” 15 Spray Rock Rd. for $7.5 million. Lori Joyal, managing broker of Lila Delman’s Watch Hill office, represented the seller and facilitated for the buyer. 

This transaction marks the highest sale in town ever recorded by the Rhode Island Statewide MLS, second only to a private transaction. Additionally, the sale of Oceanwide marks one of the top ten sales statewide this year.

“It is an incredibly active time for Rhode Island’s luxury real estate market, and I remain encouraged that there are no signs of it slowing down,” said Joyal. “Property values remain strong along the coast and savvy, informed buyers are seeing newfound opportunity in our beautiful Ocean State.”

Year-to-date, Joyal ranks as the top producing associate in Washington County and the top producing individual associate in the state.

Designed by iconic interior designer Albert Hadley, Oceanwide is a 5,000 s/f shingle-style estate built in 1919 that carries the charm reminiscent of the era. A rare offering in an exclusive seven-home enclave, the waterfront property offers direct beach access. Architectural details include expansive floor-to-ceiling windows with views of the Atlantic Ocean and two grand fieldstone fireplaces.

*This representation is based on information from the Rhode Island State Wide MLS for the period of January 1, 1993 – September 14, 2020. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.

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