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Rhode Island
Posted: November 8, 2024
Moretti and Bailey of Lila Delman Compass
sell 340 East Shore Rd.
Jamestown, RI Lila Delman Compass brokered the sale of 340 East Shore Rd. for $12.25 million. Cynthia Moretti and Bob Bailey of Lila Delman Compass’ Jamestown office represented the seller in this transaction.
‘Fowler’s Rocks’ is a waterfront shingle-style estate, showcasing views of the East Passage of Narragansett Bay from every room. Spanning nearly six acres of privacy, the grounds, gardens and stone walls create a coastal setting. Originally built in 1892, its architectural charm and period details are still intact and attributed to architect Charles Bevins. A deep water dock, boat lift, two moorings, and seaside pavilion with fireplace enjoy sunrises and seaside entertainment on the Bay.
“We are honored and delighted to have represented and marketed ‘Fowler’s Rocks’, a truly majestic, historic, grand summer cottage for the second time,” said Bailey. “Nearly 20 years ago, I represented the buyers, while Cynthia Moretti represented the sellers. Together, we became very fond of the family and enjoyed wonderful times at this stunning property over many years. We will always treasure those memories, and hope the new owners fall in love with this wonderful estate as much as we and the sellers had.”
According to data maintained by the Rhode Island Statewide MLS, this home marks the highest sale in Rhode Island, YTD,* and the highest single family home sale in Jamestown’s history.**
Lila Delman Compass is the #1 brokerage, and #1 luxury brokerage in Jamestown for total sales volume, year-to-date.*
Lila Delman Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws.
*Sale rankings and closing price information is based on information from the Rhode Island Statewide MLS for all sales for the period of January 1, 2024 – October 28, 2024.
**Sale rankings and closing price information is based on information from the Rhode Island Statewide MLS for all sales for the period of January 1, 1991 – October 28, 2024. Luxury ranking based on sales volume of real estate transactions closed over $1 million. 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.
***As of 2023, closed sales volume. Source: RealTrends 3/9/24.
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Rhode Island
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