Real Estate in RI: Jamestown home sells for $7M, with Lila Delman Compass

CYNTHIA MORETTI OF LILA DELMAN COMPASS SELLS 121 WALCOTT AVENUE IN JAMESTOWN FOR $7,000,000

Lila Delman Compass is pleased to announce the sale of 121 Walcott Avenue in Jamestown for $7,000,000. Cynthia Moretti of Lila Delman Compass’ Jamestown office represented the Seller in this transaction, and Stacie Mills and Mary Waddington of Vanderbilt International Properties represented the Buyer.

According to data maintained by the Rhode Island Statewide MLS, this home, closing at $600,000 over asking, marks the highest sale in Jamestown year to date,* and the 5th highest sale ever in Jamestown.**

The grand summer cottage boasting 10 bedrooms and 6 and a half bathrooms, was designed by famed
Charles L. Bevins, a Shingle Style architect who designed many of Jamestown’s summer cottages in the late 19th century. The residence offers deeded rights to Cottrell Pier Association, a private organization which maintains a private beach, pavilion, and pier on the waterfront. The home conveys with an adjoining 39,163 square foot lot.

“I’m grateful this lovely family trusted me to help them through the process of selling their beloved family home of 54 years with many treasured memories,” commented Cynthia Moretti. “It was a joy to show, and I’m happy for the buyers to act as the next stewards of this special home.”

Lila Delman Compass is the #1 brokerage, and #1 luxury brokerage in Jamestown for total sales volume,
year-to-date.*

ABOUT LILA DELMAN COMPASS:
In 2021, Rhode Island’s first name in luxury real estate, Lila Delman, proudly joined Compass, the Nation’s #1 real estate brokerage.** Today, Lila’s Legacy lives on with great strength, backed by the power of Compass. With the re-branding of Randall Realtors to Compass in November 2023, Compass now owns and operates 11 offices across the state, including Lila Delman Compass and Compass.

Lila Delman Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. *Sale rankings and closing price information is based on information from the Rhode Island Statewide MLS for all sales for the period of January 1, 2024 – September 5, 2024. **Sale rankings and closing price information is based on information from the Rhode Island Statewide MLS for all sales for the period of January 1, 1991 – September 5, 2024. Luxury ranking based on sales volume of real estate transactions closed over $1M. 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. **As of 2023, closed sales volume. Source: RealTrends 3/9/24.