Laureen Koch, a sales associate with Lila Delman Real Estate, in late November represented the buyers of the largest sale in North Kingstown this year that did not have a water view. The house, at 258 Finch Lane, closed for $1.3 million. The house sits on 1.8 acres and has five bedrooms, 11-foot ceilings and detailed woodwork. Amenities include a library, a gym and a heated gunite pool. She spoke to the Providence Business News about the sale.
PBN: Why did this property, without a water view, sell for well over $1 million?
KOCH: Mostly it’s the neighborhood and the privacy and the location.
PBN: Could you elaborate. What about the location is nice about this site?
KOCH: It was on a couple of acres and it was very park-like. But it was completely private. You can’t see into it from the side or the back. There is also some protected land behind it, which gave it some privacy. It had a greenhouse. It has everything in your own oasis back there. It had this big, gorgeous greenhouse for inside and outside plantings that were protected, so the deer don’t get at it. It had an in-ground pool. And the inside had tremendous detail and character.
PBN: Were the buyers looking for privacy in this purchase? You often don’t get that on beachfront parcels.
KOCH: I think they liked the privacy. But for these particular buyers it was a multigenerational family. So, they were looking for a layout that would suit everybody. Between the layout of the house and the grounds. It has a separate wing, basically two masters on opposite sides of the house.
PBN: What about North Kingstown in general? Was this a rare offering in the town?
KOCH: It was unique in that it had the grounds and the beautiful interior. North Kingstown does have some beautiful areas. Wickford and Wickford Point have beautiful homes, and they don’t have waterfront properties in there either.
PBN: Was this your highest sale of the year?
KOCH: This was my highest sale of the year and it has been a busy year. And I’ve had four closings in the past two weeks. And I just got two houses under contract. Notoriously, the winter is quiet, but not this year.
Mary MacDonald is a staff writer for the PBN. Contact her at firstname.lastname@example.org.