Home Economy Real Estate Newport estate sells for $9.4M

Newport estate sells for $9.4M

THE PROPERTY at 41 Ledge Road, Newport has sold for $9.4 million. / COURTESY LILA DELMAN REAL ESTATE
THE PROPERTY at 41 Ledge Road, Newport has sold for $9.4 million. / COURTESY LILA DELMAN REAL ESTATE

NEWPORT – An estate overlooking Cliff Walk known as “Plaisance,” at 41 Ledge Road, has been sold for $9,400,000, Lila Delman Real Estate said on Monday.

The transaction logged the highest residential sale price in Newport since November 2017, according to Multiple Listing Service data.

The seller was the Grazyna H. Sadanowicz, according to property records. The buyer was Dirty Water LLC. Lila Delman represented both sides of the transaction.

The home was built in 1926. It was last assessed at $6.3 million.The estate spans 1.2 acres. The 6,549 square-foot home features eight bedrooms, four baths and two half baths. 

THE ESTATE features views of the Atlantic Ocean and Bailey Beach. / COURTESY LILA DELMAN REAL ESTATE
THE ESTATE features views of the Atlantic Ocean and Bailey Beach. / COURTESY LILA DELMAN REAL ESTATE

The home also features geothermal heating, as well as three two-story chimneys.

The property was last purchased in 2014 for $5 million.

THE PROPERTY was last sold in 2014. / COURTESY LILA DELMAN REAL ESTATE
THE PROPERTY was last sold in 2014. / COURTESY LILA DELMAN REAL ESTATE

The property also has a one-bedroom and one-bathroom living space spanning 1,600 square feet above its garage.

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