MIDDLETOWN – A luxury condominium in a former mansion, called Bancroft on the Bluffs, sold this week for $1.9 million, the highest sale this year for a Rhode Island condo, according to a news release from Hogan Associates Monday.
The sale involved Unit 6 at 575 Tuckerman Ave., a three-bedroom condominium covering 3,300-square-feet, with an artist’s studio and superb water views, according to an Hogan Associates’ announcement. The sale closed on Sept. 15.
The building was originally designed as a five-story summer cottage in 1895 for John Chandler Bancroft, a mine owner and patron of the arts. His friends, who visited the site, included Winslow Homer, John La Farge and Thomas Eakins, according to a narrative.
The residence was converted to apartments in 1950 and then into luxury condominiums in 2006.
It is located in the Easton’s Point area of Middletown, with dramatic water views.
Leslie Hogan, broker owner of Newport-based Hogan Associates, represented the seller. Jan Corbin, a Realtor associate with Lila Delman Real Estate International, represented the buyer.
Mary MacDonald is a staff writer for the PBN. Contact her at macdonald@pbn.com. Follow her on Twitter @MaryF_MacDonald.
