$9,750,000
SOLD SEP 30, 2024
4 Beds
5.5 Baths
6,077 Sq Ft
9.34 Acres

Recently Sold

$1,604 Per Sq Ft

19% Below List Price

54 Days on Market

Highlights

  • Beach Front
  • Marina
  • Water Access
  • Hamilton Elementary School Rated A
  • Golf Course Community
  • Wine Cellar

About This Home

As of September 2024

Rarely do you find properties like this come on the market. Offering coastal lifestyle perfection in this 9+ acre estate on Narragansett Bay. Privacy abounds with a 1000' stone drive, 300' of waterfront access, stunning views, a secluded beach and a deep-water dock with power and water. The masterfully crafted 2019 Nantucket style home offers 6000+ sq ft of unparalleled and refined open concept elegance including 11.5 ft ceilings, a gourmet kitchen with custom cabinetry, large marble island, ample seating, a wet bar, walk in pantry, prep kitchen/laundry room and a dining room. The large living room with fireplace, office/library and primary suite with a luxurious bath and California closet are also found on the first floor. Three additional ensuites and a family room with a spacious deck overlooking the grounds and water are located on the second floor. Additionally, private guest quarters can be found over the attached garage. A 20x40' gunite pool with automatic cover, 1500' of blue stone patio, an outdoor kitchen and a gas fire pit are an entertainer's dream. The separate garage has heat and A/C and may house an additional 5 cars, more with added lifts. Steel frame construction, whole house generator, underground utilities and security enhancements throughout are added features.
An estate designed for those seeking the very best.

Last Agent to Sell the Property

Erin Marsh

Mott & Chace Sotheby's Intl. License #RES.0040378 Listed on: 05/31/2024

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Lori Delsesto

RE/MAX Professionals License #RES.0040811

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,280

Year Built

  • Built in 2019

Lot Details

  • 9.34 Acre Lot
  • Beach Front
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R-80

Parking

  • 7 Car Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 6,077 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Wine Cellar
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Deck
  • Patio
  • Outbuilding
  • Outdoor Grill
  • Porch

Location

  • Property near a hospital

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • 200+ Amp Service
  • Power Generator
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 075
  • Assessor Parcel Number 109COTTRELLRDNKNG

Community Details

Overview

  • Plum Beach Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,280

Year Built

Built in 2019

Lot Details

0

Parking

7

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 9.34
  • Subdivision Name: Plum Beach
  • Above Grade Finished Sq Ft: 6077.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2019
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Trash Compactor, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Insert, Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Bathtub, Permanent Attic Stairs, Stall Shower, Cable TV, Wine Cellar
  • Living Area: 6077.0
  • Dining Room Type: Storage Room, Utility Room, Wine Cellar
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Private, Secluded, Sprinkler System, Wooded, Waterfront
  • Pool Features: In Ground, Salt Water
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Mooring, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Barbecue, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 7.0
  • Garage Spaces: 7.0
  • Parking Features: Attached, Built In, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 17.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Hydro Air, Propane, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator, Underground
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 406850.0
  • Parcel #: 109COTTRELLRDNKNG
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 37280.0
  • Tax Lot: 075
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Sep 30, 2024
Sold by
109 Cottrell T and 109 Storti
Bought by
Bridge View Llc
Seller's Agent
Erin Marsh
Mott & Chace Sotheby's Intl.
Buyer's Agent
Lori Delsesto
RE/MAX Professionals
List Price
$12,000,000
Sold Price
$9,750,000
Premium/Discount to List
-$2,250,000
-18.75%
Total Days on Market
54
Views
184
Current Estimated Value
$9,924,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,108
Avg. Annual Appreciation
1.84%

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jun 12, 2017
Sold by
Storti Richard J and Storti Kia D
Bought by
109 Cottrell T
Seller's Agent
Carol Dugan
R.D. Denelle And Company Inc.
Buyer's Agent
Carol Dugan
R.D. Denelle And Company Inc.
List Price
$1,995,000
Sold Price
$1,780,000
Premium/Discount to List
-$215,000
-10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.19%
Original Mortgage
$1,000,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Bayview Trust
Bought by
Kirby Family Trust

Purchase Details

Closed on
Jul 11, 2000
Sold by
Fireman Jack M
Bought by
Bayview Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $9,750,000 None Available
Warranty Deed -- --
Deed $1,770,000 --
Deed $1,750,000 --
Warranty Deed $1,130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,600,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,600,000 Adjustable Rate Mortgage/ARM
Previous Owner $400,000 Balloon
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $791,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $9,750,000 -18.8% $1,604 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $12,000,000 +574.2% $1,975 / Sq Ft
06/12/2017 06/12/17 Sold $1,780,000 -10.8% $405 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
03/07/2016 03/07/16 For Sale $1,995,000 -- $454 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $89,661 $8,121,500 $2,610,700 $5,510,800
2024 $39,805 $2,775,800 $1,544,100 $1,231,700
2023 $37,820 $2,637,400 $1,544,100 $1,093,300
2022 $36,934 $2,626,900 $1,544,100 $1,082,800
2021 $39,282 $2,244,700 $1,237,200 $1,007,500
2020 $38,362 $2,244,700 $1,237,200 $1,007,500
2019 $23,336 $1,365,500 $1,237,200 $128,300
2018 $24,648 $1,299,300 $1,299,300 $0
2017 $29,424 $1,582,800 $1,299,300 $283,500
2016 $28,585 $1,582,800 $1,299,300 $283,500
2015 $28,724 $1,488,300 $1,237,200 $251,100
2014 $21,108 $1,488,300 $1,237,200 $251,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1360087

State-Wide MLS

APN: NKIN-000019-000075