It marks the highest single-family transaction in Little Compton this year.
Teri Degnan Real Estate & Consulting LTD announced Thursday the sale of 101 Round Pond Road in Little Compton for $2.79 million.
It marks the highest single-family transaction in Little Compton this year, according to data available from Rhode Island Statewide Multiple Listing Service. The sellers were represented by Tim Dargan, sales associate at Teri Degnan.
The seven-bedroom oceanfront cottage is situated on just over an acre of land and offers unobstructed panoramic water views. Just steps from private Tappens Beach and enveloped by saltwater breezes with captivating vistas from every room, the nearly century-old cottage is ready to be restored and reinvented.
“This property is truly one of a kind, offering 458 feet of ocean frontage, ample privacy and unparalleled views,” said Teri Degnan, owner of the brokerage. “Its sale demonstrates the continuing demand for premier waterfront property in Rhode Island and specifically, Newport County.”
The buyer of the home was represented by Victor Pereira of Residential Properties, Ltd., in Providence.