News: Brokerage

Mott & Chace Sotheby’s International Realty sells 597 Beavertail Rd. for $7.819 million

Jamestown, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 597 Beavertail Rd. for $7.819 million. The sellers were represented Judy Chace, broker/co-owner and Erin Marsh, sales associate, both of Mott & Chace Sotheby’s International Realty. Eric Kirton of Lila Delman Compass represented the buyers.

According to data from the Multiple Listing Service, this is the second highest sale in Jamestown for 2024.

Sited on an elevated seven acres, “Lion Head” is an oceanfront estate with views of Newport Harbor. A private laneway leads to an architecturally designed classic stick and shingle home. With five bedrooms and a kitchen, the home is inviting and welcoming for guests and family.

“I am thrilled to have helped my sellers in passing on this exquisite estate,” said Chace. “Beavertail is a unique part of the state with stunning views and natural beauty, and I hope the new owners will be able to take pleasure in all that it has to offer.”

“This elegant home is stunning inside and out,” said Marsh. “I love all the details and architecture that makes it so unique, and I am pleased that our clients trusted us in the process of selling this prized coastal property.”

MORE FROM Brokerage

Repeatable routine in commercial real estate - by Daniel Gardner

For some context, I quit a perfectly good salary-and-benefits job with roughly $500 to my name. Looking back, it was either incredibly brave or one of the worst financial decisions of my life. Fortunately, it worked out. Remember, I have a real estate license now in addition to that $500, and I was now working as a rental agent in Newton Centre.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.