Estate sells for $15M in Newport, most expensive sale in R.I. in two years

FAIRHOLME, AN estate on Newport's Cliff Walk, sold Monday for $15 million, the most expensive sale in Rhode Island in two years, according to Lila Delman Real Estate International, which represented the seller. / COURTESY LILA DELMAN REAL ESTATE INTERNATIONAL
FAIRHOLME, AN estate on Newport's Cliff Walk, sold Monday for $15 million, the most expensive sale in Rhode Island in two years, according to Lila Delman Real Estate International, which represented the seller. / COURTESY LILA DELMAN REAL ESTATE INTERNATIONAL
NEWPORT – An oceanfront estate overlooking the Cliff Walk sold on Monday for $15 million, the most expensive residential sale in Rhode Island in the past two years, according to Lila Delman Real Estate International, which represented the seller. Known as Fairholme, the property includes 4.3 acres and 425 feet of ocean frontage, according to…

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