Lila Delman Real Estate International Continues to Dominate the Weekapaug Market with the Sale of the Iconic “Beacon” and Adjacent Land for $6.5 Million

Posted by Catherine Cloney — June 19, 2017

1497890682WESTERLY, RI – Lila Delman Real Estate International continues to lead the state with extraordinary sales in 2017. “The Beacon” at 92 Noyes Road, one of Weekapaug’s iconic properties, has sold for $4,500,000 and the adjacent .69 acre lot located at 55 Meadow Avenue has sold for $2,000,000, totaling $6,500,000 in total dollar volume.

Lila Delman Real Estate International was both the listing and the selling company in this transaction. Lori Joyal, Manager of Lila Delman Real Estate International’s Watch Hill office, represented the seller and facilitated for the buyer. This represents the highest sale in Washington County year-to-date, and the third-highest sale statewide for 2017, according to data from the Rhode Island Statewide MLS.*

 “The extraordinary desire for our beautiful Rhode Island coastal properties continues to rise, as evidenced by the overwhelming demand,” commented Lori.

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Offering one of the highest elevations in Weekapaug, this iconic, renovated c. 1902 residence is renowned in the community of Weekapaug and is one of the most desirable homes in this coastal enclave. Measuring 4,122 square feet across three levels, the house has six bedrooms and five and one-half bathrooms with fabulous views. Artfully restored with period details in place, this is and will remain “the Beacon” in Weekapaug.

Recently, Lila Delman Real Estate International sold 9 Winona in Weekapaug for $2,625,000 which received multiple offers. Property in Weekapaug continues to be in overwhelming demand. Lila Delman Real Estate International has participated in the top five single-family home sales statewide year-to-date, according to data from the Rhode Island Statewide MLS.*

About Lila Delman Real Estate International 

Lila Delman founded the company’s original office in Narragansett over 50 years ago. Since then, Lila Delman Real Estate International has grown to include 6 strategically located offices, over 100 associates, a marketing department that creatively uses online social media, and an award-winning website. Utilizing international marketing partners such as Christie’s International Real Estate, Mayfair International Realty and Luxury Portfolio, the firm is consistently a frontrunner in the luxury market. For more information, please visit LilaDelman.com.

For more information, please contact Catherine Cloney at Lila Delman Real Estate International at 401-662-2570 or catherine.cloney@liladelman.com.

*This representation is based in whole or in part on data supplied by the State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market.

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