Teri Degnan Real Estate & Consulting LTD announces the sale of 695 Ocean Road in Narragansett for $1.4 million.
Set on 12 private acres, this is the largest property transaction and highest residential sale in Narragansett this year according to data available from Rhode Island Statewide Multiple Listing Service. The sellers were represented by Teri Degnan, owner/broker of Teri Degnan Real Estate & Consulting LTD in Newport.
The sprawling family compound consists of the main home dating back to 1890 which offers 4177 square feet of combined living space featuring four bedrooms, two and a half bathrooms, original architectural details throughout, an in-ground swimming pool and a large, two-level detached garage. The property also boasts a five bedroom, two bathroom log cabin anchored by a two-story fieldstone fireplace – all just steps from Scarborough Beach.
“This property is truly unique, offering the rare opportunity to breathe new life into a 131-year-old home surrounded by acres of green space but in the heart of Narragansett,” said Teri Degnan. “It’s been a pleasure to represent the sellers and see this property begin its new chapter while starting off the new sales year in a positive way.”
The buyers were represented by Jim Durkin of Durkin Cottage Realty.