Blog • Featured • News • Press • Sotheby's International Realty • January 7, 2021

Mott & Chace Sotheby’s International Realty Lists Bois Doré

by Mott & Chace Sotheby's International Realty

Mott & Chace Sotheby’s International Realty is honored to bring 115 Narragansett Avenue to market. Built in 1927 by renowned New York architect Charles A. Platt, “Bois Doré” is gracefully sited on four private acres off Bellevue Avenue. The home is listed for $10,900,000 and is represented by Judy Chace, Broker/Co-Owner and Kylie McCollough, Sales Associate: both of Mott & Chace Sotheby’s International Realty.

Located five blocks from The Breakers, Bois Doré or “gilded forest”, is approached through gilded wrought iron gates and a dramatic pollarded Linden tree lined drive. Designed in the Louis XVI style boasting a marble foyer entrance and loggia which opens to a beautiful brick terrace overlooking the expansive rear yard. Wrought iron and glass front doors compliment the timeless limestone façade and center the two wings of the home. An 85 foot great hall extends to either side, giving the space a sense of balance and grandeur.

The East Wing is anchored by the chef’s kitchen featuring dual Viking ranges beneath an antique Duparquet, Huot & Monesue Co. white cast iron hood. The adjacent dining room is adorned with Martin Battersby trompe l’oeil art, a style of painting in which objects are depicted with photographically realistic detail. A butler’s pantry, family room and sun porch provide space for storage and leisure. In the West Wing lie the drawing room, the study and the grand ballroom, the largest of any private home in Newport.

Originally commissioned for William Fahnestock, a New York banker and founder of present day Oppenheimer & Co., the home has a unique and illustrious history of notable ownership including Campbell Soup heiress Elinor Winifred Dorrance Hill Ingersoll and later Oil baroness Carolyn Mary Skelly. Highlights of the French Chateau include 25 bedrooms, eight marble fireplaces, and an antique eight foot Regency chandelier sparkling from the ballroom ceiling, harkening guests to a by-gone era of glitz and glamour.

“An architectural masterpiece steeped in Newport society,” says Judy Chace about the estate. “We are proud to represent yet another famed historic Newport Mansion.”

Kylie McCollough adds, “Once described as one of the last great houses built for Newport, this storied and extraordinary property is a beautiful piece of Rhode Island history.”

Blog • Featured • January 4, 2021

The Top 3 Ways to Increase Your Home’s Value in 2021

by Mott & Chace Sotheby's International Realty

The Top 3 Ways to Increase Your Home’s Value in 2021

NEWPORT INTERIOR DESIGNER ALLY MALONEY IS LOOKING AHEAD AND SHARING WHICH HOME PROJECTS SHOULD BE ON YOUR TO DO LIST IN 2021.

The luxe yet inviting formal living room of #TheBellevueResidence.

Undergoing home renovation projects, whether big or small, can make a huge difference both in the functionality of your house and its overall market value. Keeping up with repairs and adding small improvements can pay off big time when it comes time to list. Consider spending this extra time at home to complete a few updates and build equity.

Update Your Kitchen

A kitchen renovation can be a huge undertaking- however, there are ways to upgrade the heart of the home at any budget. For quick updates, consider switching out cabinet pulls, adding a backsplash, and upgrading your faucet or appliances. Larger scale projects could include removing a wall to create an open concept space, adding an island, or replacing cabinets and countertops to modernize your space.

For Sale: 455 Stonington Road Stonington, CT 06378

Invest in Outdoor Spaces

2020 was the year of staying home, and 2021 may look a bit similar. Get ahead of the competition by upgrading and increasing your outdoor living situation. Think outdoor kitchens, indoor-outdoor living areas, pool houses, and more. Entertain at home safely and wow buyers by offering extra amenities.

For Sale: 136 Adams Point Road Barrington, RI 02806

Add Smart Technology

With buyers ranking smart technology enabled homes at the top of their wish list, now is the time to invest in smart home devices such as Nest thermostats, security cameras, smartphone-controlled lighting fixtures, and more. These upgrades provide enhanced security and ease of daily life.

For Sale: 527 Ministerial Road South Kingstown, RI 02879

THINKING OF SELLING YOUR HOME IN THE NEW YEAR? THE ENTHUSIASTIC TEAMS AT MALONEY INTERIORS AND MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY WOULD LOVE TO HELP YOU PREPARE + LIST YOUR PROPERTY.

Featured • General • News • Press • Sotheby's International Realty • January 4, 2021

The Blackstone Team of Mott & Chace Sotheby’s International Realty Launches Blackstone LUX

by Mott & Chace Sotheby's International Realty

The Blackstone Team of Mott & Chace Sotheby’s International Realty has launched BLACKSTONE [LUX] Luxury Leasing Services. Focused on quality semi-luxury to luxury leasing in Greater Providence, The Blackstone Team has created an inaugural residential leasing division focusing on connecting discerning lessees with quality properties.

BLACKSTONE [LUX] at Mott & Chace Sotheby’s International Realty is the leasing arm of one of Rhode Island’s most established and successful real estate teams. By creating a solution to Providence’s often disjointed and disorganized rental business, The Blackstone Team has implemented a luxury leasing service that matches the brand and incentivizes quality tenants, top landlords, and real estate professionals to remain dependent on one another.

“BLACKSTONE [LUX] is here to up the luxury rental game in Greater Providence. It’s really the only outlet of its kind focusing on the higher end,” says Nelson Taylor, Managing Partner of The Blackstone Team.

Partner Robert Rutley adds, “We are a team of experienced, licensed and insured real estate professionals who specialize in the luxury to mid-luxury markets. We know local real estate and are ready to be a trusted partner every step of the way.”

BLACKSTONE [LUX] will focus on quality leasing opportunities for both tenants and landlords in the following nine neighborhoods: East Side (Providence), Downtown (Providence), Elmhurst (Providence), West Side (Providence), Oak Hill (Pawtucket), Rumford (East Providence), Edgewood (Cranston), Pawtuxet (Cranston), and Gaspee (Warwick).

“We understand the process of securing top-tier housing for tenants and quality tenancies for upper-end landlords,” adds Ben Guglielmi, Leasing Specialist of The Blackstone Team. “Through existing marketing channels, long-time relationships, and proven vetting skills, we are the experts you want in your corner.

To learn more and get started today, please visit https://www.the-blackstoneteam.com/ or contact Robin Lake at 401.214.1524 or blackstone.team@mottandchace.com.

Blog • Featured • General • News • Press • Sotheby's International Realty • December 30, 2020

Mott & Chace Sotheby’s International Realty Sells Second Bluff Avenue Home in 13 Months

by Mott & Chace Sotheby's International Realty

Mott & Chace Sotheby’s International Realty is proud to announce the sale of 12 Bluff Avenue for $11,800,000. Perched on the oceanfront edge of Watch Hill overlooking the great Atlantic Ocean is this multigenerational dwelling. Donna Simmons, Sales Associate of Mott & Chace Sotheby’s International Realty represented the seller and facilitated the transaction on behalf of the buyer.

The home sold within just 30 days on the market. According to data available from Rhode Island Multiple Listing Service, the sale of 12 Bluff Avenue is the highest Westerly sale and the third highest statewide sale this year. Agents of Mott & Chace Sotheby’s International Realty have represented clients in twelve single family sales over $2M in the municipality in 2020.

The home, located between The Ocean House and the property owned by Taylor Swift, is a gracious cottage style residence with large porches positioned to take advantage of the views. The lawn gently slopes toward the ocean and leads to the white sands of East Beach for which Watch Hill is known. Featuring nine bedrooms and seven bathrooms, including a large in-law suite, this home was built with entertaining and large gatherings in mind.

Donna Simmons, a luxury real estate specialist in the Rhode Island and Connecticut markets since 2006, represented the buyers of the home next door at 10 Bluff Avenue last November. The sale of 10 Bluff Avenue continues to hold the record as the highest recorded single-family property sale ever in Watch Hill and statewide, according to data available from the Rhode Island Multiple Listing Service.

“This beautiful house was a pleasure to show with its ocean views for miles,” says Donna Simmons. “I am so happy for the new family who can love the house the way it has been loved by the sellers for decades!”

This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2008 through 12/29/2020.

Blog • Featured • News • Press • Sotheby's International Realty • December 29, 2020

Mott & Chace Sotheby’s International Realty Sells Weekapaug Home

by Mott & Chace Sotheby's International Realty

Mott & Chace Sotheby’s International Realty is proud to announce the sale of 30 Meadow Avenue for $3,500,000. The seller was represented by Robin Knisley, Broker Associate and DeeDee Buffum, Broker Associate: both of Mott & Chace Sotheby’s International Realty. DeeDee Buffum also facilitated the sale on behalf of the buyers.

According to data available from Rhode Island Multiple Listing Service, the sale of 30 Meadow Avenue is the seventh highest single family sale in Westerly this year. Agents of Mott & Chace Sotheby’s International Realty have represented clients in more than half of all single family properties sold over $2M in the municipality in 2020.

“It has been an honor to assist the seller and to transition this Weekapaug property to its new owners. Thank you to all involved. We close out our Weekapaug sales and rental year with a positive finish and extend best wishes to all for 2021,” says DeeDee Buffum.

The custom built shingle-styled home offers sweeping views of Weekapaug cove and across to the Atlantic Ocean. Sited on nearly one acre of land, Twilight instills a hideaway feel while maintaining close proximity to all Westerly has to offer. Designed by the architectural firm of Mercer & Bertsche, the three level home features four bedrooms, four and one half bathrooms, a gourmet kitchen, sun-filled dining room, and an extensive deck overlooking the views of the harbor and the Block Island Sound.

“This highly sought after location offers a tranquil coastal setting with easy access via car and train to New York, Boston, and Connecticut,” adds Robin Knisley. “With all it has to offer, Weekapaug has retained a sense of stability and serenity exemplified by residents who have called it home for generations.”

This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2008 through 12/29/2020.

Blog • Featured • News • Press • Sotheby's International Realty • December 24, 2020

Mott & Chace Sotheby’s International Realty Sells Historic Warwick Home

by Mott & Chace Sotheby's International Realty

Mott & Chace Sotheby’s International Realty is proud to announce the sale of 57 Old Forge Road for $1,425,000. The seller was represented by Midge Berkery, Sales Associate of Mott & Chace Sotheby’s International Realty. Dean deTonnancourt of HomeSmart Professionals represented the buyer.

According to data available from Rhode Island Multiple Listing Service, the sale of 57 Old Forge Road is the second highest single family sale in Warwick this year. Agents of Mott & Chace Sotheby’s International Realty have represented clients in two of the top three sales in the municipality in 2020.

The estate is comprised of twelve acre of lush landscaping, a river out to Narragansett Bay, and a colonial style home originally built in 1723. The dwelling boasts over 5,000 square feet of charming historic design blended with modern amenities. The six bedroom, three full and two half bathroom home features a large family room, sunlit kitchen, formal living room and a grand study.

“It has been an honor to represent this piece of Rhode Island history,” says Midge Berkery. “The home has been enjoyed by several generations and we wish the new owners happiness and tradition for years to come.”

This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2008 through 12/21/2020.

Activity Report • Blog • December 11, 2020

Rhode Island Real Estate Activity Numbers | November 22 to December 5, 2020

by Mott & Chace Sotheby's International Realty

Please find the latest market activity comparisons for the state of Rhode Island.

Please note, we have moved to a biweekly format.

The trend lines remain consistent with previous reports. The new listings are trending down but still slightly ahead of 2019 for the two week period. With a one month supply of single family inventory in Rhode Island, the market remains a seller’s market with rising prices.

The properties under agreement continue the trend line established in May and remain elevated over 2019 numbers.

The sold properties have exceeded 2019 numbers since August.

New inventory continues to receive multiple offers despite the season and the pandemic. For those sellers willing to work with the existing market, the results are compelling. The November statistics for single family reflect a 24% increase for units and an 11.4% increase in median sales price. It is our expectation that this seller’s market will continue into 2021 but as the inventory grows, the market may see some slowing of the price growth. In addition, there is speculation that interest rates will rise in the second half of the year which could have an impact.

It remains an opportune time for sellers to bring their property to the market. To learn what this may mean for you, please contact one of our talented real estate specialists. www.mottandchace.com/agents

Featured • Photos • December 4, 2020

Faces of Rhode Island | Rhode Island Monthly December 2020

by Mott & Chace Sotheby's International Realty

Rhode Island and southeastern Massachusetts have an abundance of talented professionals and business leaders who are an esteemed part of our community. Get to know some of these Faces of Rhode Island.

Courtesy of Rhode Island Monthly

Blog • Featured • Press • Sotheby's International Realty • December 3, 2020

Mott & Chace Sotheby’s International Realty Sells The Peacock Alley House

by Mott & Chace Sotheby's International Realty

Mott & Chace Sotheby’s International Realty is proud to announce the sale of 169 Hope Street for $1,100,000. The waterfront home is situated on the storage and launch site of the America’s Cup racing boats built across the street at the Herreshoff Museum. The seller was represented by Kim Holland, Sales Associate of Mott & Chace Sotheby’s International Realty. Teri Degan of Teri Degan Real Estate and Consulting represented the buyer.

The house was named Peacock Alley House due to the colorful nature of the passing by Herreshoff America’s Cup racing boats. Long and vibrant, the yachts fanned out over the harbor edge of Hope Street emulating peacock feathers. Quite the spectacle, the unique site attracted people from all of New England.

According to data available from Rhode Island Multiple Listing Service, the sale of 169 Hope Street is the sixth highest single family sale in Bristol this year. Agents of Mott & Chace Sotheby’s International Realty have represented clients in three of the top six sales in the municipality in 2020.

With panoramic views and access to Narragansett Bay in the quintessential New England town of Bristol, Rhode Island, this custom built four bedroom and three bathroom multi-level home is designed to capture the views and magnificent sunsets.

“A perfect seaside home to enjoy dining on the west facing deck, coffee on the bedroom deck, sitting on the shoreline beach, kayaking in the harbor, or riding a bike through town and to the East Bay Bike Path,” Kim Holland says about the home. “Downtown Bristol is a beautifully preserved historic blend of a waterfront lifestyle in a quaint New England town.”

This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2008 through 12/01/2020.

Blog • Featured • Sotheby's International Realty • December 1, 2020

Mott & Chace Sotheby’s International Realty | Significant Sales December 2020

by Mott & Chace Sotheby's International Realty

Mott & Chace Sotheby’s International Realty is pleased to announce the following significant sales for December 2020.

December 1, 2020 | East Side of Providence RI

189 Hope Street has sold for $1,355,000. The seller was represented by Heidi Farmer, Sales Associate of Mott & Chace Sotheby’s International Realty.

The buyer was represented by Gang Li of Keller Williams Realty.

The Horatio N. Campbell House c. 1877 is one of East Side’s finest income generating architectural gems. With sun drenched rooms and stunning period details, the property consists of three units totaling nine bedrooms and four bathrooms.

According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 189 Hope Street is the third highest multi-family sale on the East Side of Providence this year. Agents of Mott & Chace Sotheby’s International Realty have represented clients in half of the top six sales on the East Side of Providence in 2020.*

*This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2020 through 12/01/2020.

December 1, 2020 | North Kingstown RI

259 Forge Road has sold for $1,385,000. The seller was represented by Bridgette Soby, Sales Associate / Narraganasett Office Manager and Judy Callaghan, Sales Associate: both of Mott & Chace Sotheby’s International Realty.

The buyer was represtened by Lauren Moran of Moran Real Estate Group, Inc.

Nestled into nature on a gently winding road is this elegant American shingled style home built in 2005. This lovely home consists of four bedrooms & four and one half bathroom with over 5,200 square feet of inviting living space. The landscaping is thoughtfully designed to include all the natural surroundings of this exceptional five acre property.

According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 259 Forge Road is the fifth highest single family sale in North Kingstown this year.*

*This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2020 through 12/01/2020.

December 4, 2020 | Warwick RI

1268 Warwick Neck Avenue has sold for $1,400,000. The seller was represented by Amy I. Doorley-Lucas, Sales Associate of Mott & Chace Sotheby’s International Realty

The buyer was represented by Karl Martone of RE/MAX Properties.

The coastal home retreat features stunning panoramic water views over Narragansett Bay. Sited on 1.7 acres, this property boasts manicured perennial gardens and a sprawling lawn with easy and exclusive access to the beach and coastline. Offering nearly 3,000 square feet, this residence went through a complete architectural redesign and renovation in 1999 to create a modern and spacious home.

According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 1268 Warwick Neck Avenue is the second highest single family sale in Warwick this year. *

*This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2020 through 12/09/2020.

December 7, 2020 | Charlestown RI

19 Boulder Avenue has sold for $2,000,000. The buyer was represented by Ray Mott, Broker/Co-Owner of Mott & Chace Sotheby’s International Realty.

The seller was represented by Lori Joyal of Lila Delman Real Estate.

Located in Quonochontaug, the home features over 6,000 square feet of living space, five bedrooms, and six bathrooms. Just minutes from the ocean, the home offers year round or vacation living in a local beach community.

According to data available from Rhode Island Statewide Multiple Listing Service, the sale of 19 Boulder Avenue is the fourth highest single family sale in Charlestown this year. Agents of Mott & Chace Sotheby’s International Realty have represented clients in four of the top ten sales in Charlestown in 2020. *

*This information 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. These properties may have been sold by other real estate companies. Data maintained by the MLS may not reflect all real estate activity in the market. Data is based on information from Rhode Island Statewide Multiple Listing Service for the period of 01/01/2020 through 12/08/2020.

December 16, 2020 | Barrington RI

83 Rumstick Road has sold for $1,215,826. The buyer was represented by Morgan Hollenbeck, Sales Associate of Mott & Chace Sotheby’s International Realty.

The seller was represented by Laurie Fletcher of Residential Properties, Ltd.

Built in 1840, this Nantucket style colonial features four bedrooms and three and one half bathroom. Set on over an acre and a half of private land, this home is just a short distance to all that Barrington has to offer.