791 Indian Avenue - Middletown, RIMiddlewtown, RI Lila Delman Real Estate International completed the sale of 791 Indian Ave. for $5.175 million, the highest sale for a home in Middletown in the past year and a half.
The waterfront property is known as Sentosa, which means peace and tranquility. Built in 2009 to the highest architectural and construction standards, Sentosa features 6000 s/f of living space, multiple fireplaces, and an elevator. Melanie Delman and Alyce Wright of Lila Delman Real Estate International represented the sellers in this transaction.
“This home was thoughtfully designed with exquisite detailing, and the views of the Sakonnet and the Narragansett Bay are incredible,” said Melanie Delman, president of Lila Delman Real Estate International.
According to recent data from the Rhode Island Statewide Multiple Listing Service, this is the eighth residential sale in excess of $5 million in Middletown since 2000. Notably, Lila Delman Real Estate International has been involved with all eight of these sales, as Lila Delman Real Estate International represented every seller and also brought five of the buyers of these luxury properties.
“In a time of concerns about market fluctuations and foreign markets, luxury real estate continues to hold its own, and command value,” said Delman.