MANSION MANIA: Newport ‘cottages’ set sales records in 2021, but what’s next?

TOP SALE: The $30 million sale of Clarendon Court, a 7-acre seaside estate located on Bellevue Avenue in Newport, in early September 2021 is the highest price ever paid for a home in Rhode Island. / COURTESY MIKE OSEAN
TOP SALE: The $30 million sale of Clarendon Court, a 7-acre seaside estate located on Bellevue Avenue in Newport, in early September 2021 is the highest price ever paid for a home in Rhode Island. / COURTESY MIKE OSEAN
As the COVID-19 pandemic took hold in Rhode Island in April 2020, John Hodnett worried about not only the health crisis but the effect it would have on the state’s luxury real estate market. “I was just like, ‘Oh my God, this could turn everything upside down,’ ” said Hodnett, senior managing director and broker…

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