News: Front Section

Mott & Chace Sotheby’s International Realty brokers $2.2 million sale

Warwick, RI Mott & Chace Sotheby’s International Realty has completed the sale of 444 Narragansett Bay Ave. for $2.2 million. The sellers were represented by Donna Conway and Amy Doorley-Lucas, both of Mott & Chace Sotheby’s International Realty, and they also facilitated the transaction for the buyers.

Sited on over two waterfront acres, this property’s natural setting is second to none. With an in-ground swimming pool and park-like grounds, the multifamily zoning is unique in this area. The main house features an attached two-story guest house with a private entry, and the standalone carriage house boasts a four-bay garage with unlimited potential above.

According to data from the Multiple Listing Service, this is highest priced sale in Warwick this year.

“This location is second to none,” said Conway. “The bay views are expansive and breathtaking.”

“This is the perfect place to enjoy Tuesday regattas, fireworks, and magnificent sunsets. Just three doors down, Warwick Country Club offers a premiere 18-hole Donald Ross golf course with tennis, swimming, sailing, and dining,” said Doorley-Lucas.

This is the second time Conway and Doorley-Lucas have worked together to sell this property. In April of 2022, Doorley-Lucas represented the sellers, and Conway represented the buyers.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary