News: Rhode Island
Posted: May 8, 2020
Toppa of Lila Delman Real Estate sells 5.6 acre “Lands End” in Newport for $8.6 million
Newport, RI Lila Delman Real Estate has sold the iconic ‘Land’s End’, 42 Ledge Rd., for $8.6 million. Kendra Toppa, sales manager of Lila Delman’s local office and Christie’s luxury specialist, represented the seller. This transaction marks one of the top three sales Statewide year-to-date.*
“From the onset, I considered this opportunity a true privilege and am grateful the sellers entrusted me and my team at Lila Delman with creatively marketing and positioning this storied legacy property – the crown jewel of Newport real estate,” said Toppa.
Located on the Southeastern point of Aquidneck Island, ‘Land’s End’ is on 5.6 oceanfront acres along the city’s Cliff Walk, having 1,200 feet of frontage. The eight-plus bedroom family home, with three-bedroom carriage house, offers ocean views from virtually every room. Once home to Pulitzer Prize wining author Edith Wharton, key property features include a chef’s kitchen, a billiard room, eight working fireplaces, a full house generator and a saltwater pool.
“Lila Delman Real Estate extends our sincerest gratitude for the landmark opportunity to list and sell one of Newport’s most significant and beloved properties,” said Pamela Delman-Hodnett, owner of the firm. “Closed in under one year, we are thrilled for our clients and wish the new owners a lifetime of happiness as they carry on the legacy of this incredible estate.”
According to data maintained by the Rhode Island Statewide MLS, four oceanfront homes in Newport have sold within the last year. Lila Delman participated in three out of these four sales, which is more than that of any other firm.
Additionally, Lila Delman associates have represented more buyers and sellers in these transactions, representing five out of the eight sides of these sales. The next closest competitor participated in two sides.
*This representation is based on information from the Rhode Island State Wide MLS for the period of April 9, 2019 – April 9, 2020. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.
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