Portsmouth property sells for $3.25M in town’s biggest recorded land deal

A MOSTLY EMPTY LOT at 290 Frank Coelho Drive in Portsmouth recently sold for $3.25 million, the biggest-ever land sale recorded in the town. / COURTESY MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY
PORTSMOUTH – In the biggest land deal ever to take place in the town, an empty lot at 290 Frank Coelho Drive, next to the Sakonnet River, recently sold for $3.25 million, according to Mott & Chace Sotheby’s International Realty, which represented the seller. The property was last owned by Kevin B. Tarsagian, according to…

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