News: Rhode Island

Mott & Chace sells 33 Bay St. for $10.4 million

Westerly, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 33 Bay St. for $10.4 million. Judy Chace, broker/co-owner of Mott & Chace Sotheby’s International Realty represented the buyer and Geb Masterson, sales associate of Mott & Chace Sotheby’s International Realty facilitated on behalf of the sellers 

The sale of 33 Bay St. is the highest single-family sale this year, according to data available from Rhode Island Statewide Multiple Listing Service. This transaction is the highest residential sale in Westerly since the sale of 9 Water’s Edge Rd., also brokered by Masterson. It is also the second highest residential sale statewide in 2020.

“Our affiliation with the Sotheby’s International Realty network continues to power our success. My client, an international buyer, was referred to me by a past client who recognizes our dominance,” said Chace. “Our global connections paired with a deep understanding of the high-end Coastal Rhode Island market has made our firm the leader in Rhode Island luxury real estate.

The waterfront estate features six bedrooms, six full bathrooms and three half bathrooms. Features of the main residence include three fireplaces, an elevator, a wine cellar and a sauna. Additionally, the property includes a saltwater pool, boat house, guest dwelling, large dock, tennis court and a putting green.

“I am grateful for the opportunity to continue to work within the Watch Hill community,” said Masterson. “It is a little piece of paradise in Rhode Island that people near and far constantly discover and fall in love with.”

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