Seller's Agent in 2019
Lori Joyal
Lila Delman Compass
(401) 742-1225
116 in this area
226 Total Sales
10 Bluff Ave Westerly, RI 02891
Estimated Value: $5,672,000
9
Beds
8.5
Baths
10,000
Sq Ft
$567/Sq Ft
Est. Value
Highlights
- Beach Front
- Golf Course Community
- 3.19 Acre Lot
- Marina
- In Ground Pool
- Deck
About This Home
As of November 2019Award winning designer Giancarlo Valle has re-imagined this c.1903 classic shingle-style home to create a magnificent coastal escape with a modern sensibility. Resting on a bluff overlooking the Atlantic Ocean, this beachfront architectural masterpiece is a prized jewel in Watch Hill, RI. Featured in Architectural Digest, this timeless treasure was designed to be a comfortable family home with a spirited edge. The sprawling interior boasts nearly 10,000 square feet and encompasses five levels of well-defined space for family and guests. A reconfigured modern layout seamlessly affords indoor/outdoor living, with distinct areas for entertaining. The estate has 160 feet of beach frontage and includes a private beach cabana. The panoramic 360 degree views of the Atlantic Ocean are simply breathtaking at every vantage point. The home offers 9 bedrooms, 5 fireplaces, 2 kitchens and an award winning library. In 2018, the library was awarded 1stdibs "50 Rooms of Distinction." The main kitchen is adorned with a La Cornue range, double wine refrigerator & three dishwashers. Located on the beachfront level, the summer kitchen is positioned off of an expansive deck overlooking the open ocean w/ a heated 15’x50' solid limestone pool. The lush plantings and beautiful landscaping were designed by acclaimed horticulturist Joseph Hillenmeyer. Located near the iconic Ocean House Resort, this majestic offering of 10 Bluff is a once in a lifetime opportunity.
Last Agent to Sell the Property
Lila Delman Compass License #REB.0016177 Listed on: 05/06/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $135,385
Year Built
- Built in 1903
Lot Details
- 3.19 Acre Lot
- Beach Front
Parking
- 2 Car Detached Garage
Home Design
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 10,000 Sq Ft Home
- 3-Story Property
- 5 Fireplaces
- Marble Fireplace
- Stone Fireplace
- Gas Fireplace
- Storage Room
- Water Views
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- In Ground Pool
- Walking Distance to Water
- Deck
- Screened Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Oil Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 10BLUFFAVWEST
Community Details
Overview
- Watch Hill Beachfront Subdivision
Recreation
- Marina
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2019
Closed on
Oct 21, 2019
Sold by
Kevin Wendle Ft
Bought by
Cappuccio Paul
Seller's Agent
Lori Joyal
Lila Delman Compass
Buyer's Agent
Donna Simmons
Mott & Chace Sotheby's Intl.
List Price
$18,900,000
Sold Price
$17,600,000
Premium/Discount to List
-$1,300,000
-6.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,928,000
Avg. Annual Appreciation
-16.75%
Original Mortgage
$9,100,000
Outstanding Balance
$8,030,818
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$1,975,818
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cappuccio Paul | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cappuccio Paul | $9,100,000 | |
| Previous Owner | Kevin Wendle Ft | $2,200,000 | |
| Previous Owner | Kevin Wendle Ft | $7,000,000 | |
| Previous Owner | Kevin Wendle Ft | $2,000,000 | |
| Previous Owner | Kevin Wendle Ft | $4,875,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2019 11/01/19 | Sold | $17,600,000 | -6.9% | $1,760 / Sq Ft |
| 10/02/2019 10/02/19 | Pending | -- | -- | -- |
| 05/06/2019 05/06/19 | For Sale | $18,900,000 | +93.8% | $1,890 / Sq Ft |
| 09/30/2013 09/30/13 | Sold | $9,750,000 | -9.3% | $1,142 / Sq Ft |
| 08/31/2013 08/31/13 | Pending | -- | -- | -- |
| 04/12/2013 04/12/13 | For Sale | $10,750,000 | -- | $1,259 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $165,329 | $16,853,100 | $12,364,900 | $4,488,200 |
| 2023 | $162,127 | $16,853,100 | $12,364,900 | $4,488,200 |
| 2022 | $161,116 | $16,853,100 | $12,364,900 | $4,488,200 |
| 2021 | $138,633 | $12,034,100 | $8,548,700 | $3,485,400 |
| 2020 | $136,106 | $12,034,100 | $8,548,700 | $3,485,400 |
| 2019 | $134,782 | $12,034,100 | $8,548,700 | $3,485,400 |
| 2018 | $133,952 | $11,275,400 | $8,548,700 | $2,726,700 |
| 2017 | $119,280 | $10,291,600 | $8,548,700 | $1,742,900 |
| 2016 | $121,493 | $10,401,800 | $8,548,700 | $1,853,100 |
| 2015 | $106,216 | $9,816,600 | $7,918,900 | $1,897,700 |
| 2014 | $104,449 | $9,816,600 | $7,918,900 | $1,897,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Joyal
-
Donna Simmons
Buyer's Agent in 2019
Donna Simmons
Mott & Chace Sotheby's Intl.
(401) 439-0268
40 in this area
44 Total Sales
-
J
Buyer's Agent in 2013
John Repoza
Repoza Real Estate
Map
Source: State-Wide MLS
MLS Number: 1222355
APN: WEST-000185-000016
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