Coastal estate in Westerly sells for $17.7M

TREASURE HILL, an 11,000-square-foot coastal estate at 2 Kidd’s Way in the Watch Hill section of Westerly, was sold recently for $17.7 million, which is the largest sale of 2022 in Rhode Island to date. / COURTESY LILA DELMAN COMPASS

WESTERLY – “Treasure Hill,” an 11,000-square-foot coastal estate at 2 Kidd’s Way in the Watch Hill section of town, was sold for $17.7 million, Lila Delman Real Estate Ltd., doing business as Lila Delman Compass, which represented the seller, announced Tuesday.

It is the highest-priced home to be sold in both the town and state this year. This sale eclipses the 7,300-square-foot home at 8 Westerly Road, which sold for $9.5 million on Oct. 27. It also marks the second-highest sale in both the town and Washington County history, behind the sale of 16 Bluff Ave., which sold for $17.75 million in 2013.

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Treasure Hill sits on 1 acre on the second-highest elevation in the Watch Hill neighborhood. The property with 18 bedrooms and seven bathrooms offers views of the ocean.

The home features a grand pub room with a tin ceiling, a wine tasting room, plus an in-house gym with a sauna and full bathroom. The estate has a deeded right of way to the beach at the end of the driveway.

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The buyer, who was unidentified, was represented by Olga B. Goff Real Estate.

According to town records, Diane McLean previously owned the property.

The town last valued the home at $7.9 million in 2021, according to property records. 

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