News: Rhode Island

Arakelian of Lila Delman Compass sells 108 Sand Hill Cove for $3.776 million

Narrangansett, RI Lila Delman Compass continues to lead Washington County’s real estate market with the sale of 108 Sand Hill Cove Rd. for $3.776 million. Gregory Arakelian, commercial director and sales associate of Lila Delman Compass represented the seller.  According to data maintained by the Rhode Island Statewide MLS, this transaction marks the highest recorded price per s/f sale in the town since 2015, when Lila Delman Compass sold 131 Boston Neck Rd.

“Greg’s performance was Pro Bowl status, having participated in 3 beachfront sales on Sand Hill Cove Rd.,” said Stephen and Hallie Gostkowski, sellers and New England Patriots all-time leading scorer, 4-time pro bowl, 3-time world champion. “His expertise and skillful negotiation resulted in a great profit for us and a record sale for Narragansett, and we recommend him to any public figure requiring premium care and discretion.”

108 Sand Hill Cove Rd. is a beachside hideaway. This property’s light-filled living spaces, with harbor of refuge views, look out to a wraparound sundeck for front row panorama of both sunrises and sunsets over a white sandy beach. The 4-bedroom, 3-full bath turnkey home features an open concept floor plan, including an oversized kitchen, dining and living room. Other highlights include 113 feet of sand frontage, private boardwalk to beach, oversized outdoor shower, integral speaker system, parking deck, ground floor family room, and kayak/SUP/bicycle storage.

Lila Delman Compass is having a record year in Washington County, leading the County with over $182 million in closed sales volume year-to-date. In Narragansett Lila Delman Compass has participated in three out of the top five sales in 2021.*

*Highest sale representation is based on information from the R.I. Statewide MLS for the period of January 1, 2015 – July 2, 2021. *#1 luxury ranking based on highest volume of $1M+ sales in R.I. each year, based on information from R.I. Statewide MLS for period January 1, 1993 – December 31, 2020. Neither Lila Delman Compass nor the MLS guarantees or are responsible for the accuracy of the data provided to them.

Data maintained by the MLS may not reflect all real estate activity in the market. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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