Home Subscriber Only Cover Story R.I.’s height of luxury: Demand remains as volume of high-priced home sales...

R.I.’s height of luxury: Demand remains as volume of high-priced home sales plateaus

PRIME REAL ESTATE: The oceanfront mansion at 10 Bluff Ave., bottom left, in Westerly’s Watch Hill is located a short distance from the iconic beach hotel Ocean House, top left, and pop singer Taylor Swift’s vacation home, not pictured. / COURTESY MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY/PEARL MACEK
MAMMOTH TRANSACTION: The purchase of the oceanfront estate at 10 Bluff Ave. in Westerly for $17.6 million was the highest-priced residential sale in Rhode Island in 2019. It is located a short distance from the iconic beach hotel Ocean House, top left. / COURTESY MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY/PEARL MACEK

The appetite for luxury homes along the Rhode Island coast doesn’t seem to be waning, as evidenced by two transactions above the $10 million mark in 2019. But with the number of high-end sales plateauing in recent years, the question arises: Has the volume of Rhode Island’s luxury market reached its peak? For nearly a

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber
  • Critical RI business news and analysis updated daily.
  • 1 year of print (26 issues).
  • Unlimited access to all subscriber only content on our website, on any device.
  • Free email alerts.
  • Annual Book of Lists Print Edition.
  • All special issues produced during subscription term.

RELATED ARTICLES

NO COMMENTS

Copyright ©2026 Providence Business News. All Rights Reserved.
Exit mobile version