Ocean-view lots in Newport sell for $8.2M

THREE LOTS ON Ledge Road in Newport sold for $8.2 million. / COURTESY MOTT & CHACE SOTHEBY'S INTERNATIONAL REALTY
THREE LOTS ON Ledge Road in Newport sold for $8.2 million. / COURTESY MOTT & CHACE SOTHEBY'S INTERNATIONAL REALTY

NEWPORT – An ocean-view property in Newport sold for $8.2 million, the highest recorded land sale in the municipality in over a decade, Mott & Chace Sotheby’s International Realty announced Monday.

The property consists of three lots on Ledge Road on a peninsula adjacent to the Cliff Walk.The lots are 51,55 and 71 Ledge Road.

The sellers of this waterfront land were represented by Eric Kirton, sales associate with Mott & Chace Sotheby’s International Realty. The buyers were represented by Chris West of Gustave White Sotheby’s International Realty.

“This impressive peninsula in Newport offers a rare opportunity to create the home of your dreams with expansive water views,” said Kirton in a statement.

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/ COURTESY MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY

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