Jamestown, RI – Offering over 3,500 square feet of living space and seven bedrooms, the historic, waterfront cottage at 30 Bay View Drive, known as the “Folly House,” has sold for $3,750,000, according to Mott & Chace Sotheby’s International Realty.

The circa 1885 home features views of Narragansett Bay and the Newport Bridge.

The buyers of the home were represented by Judy Chace, Broker/Co-Owner and Erin Marsh, Sales Associate: both of Mott & Chace Sotheby’s International Realty. The sellers were represented by Bob Bailey of Lila Delman Real Estate.

Features of the property include an en-suite bedroom for guests on the main level and a wraparound porch for unobstructed water views. Additional amenities the home has to offer include a detached garage with an additional studio guest suite.

According to data from the Rhode Island Statewide Multiple Listing Service, this is the second highest sale in the municipality so far this year.

Judy states, “This magnificent waterfront home offers ample space for functions of all sizes. I am pleased to have been a part of such a wonderful transaction in one of the area’s most precious island locations.”

Erin adds, “With close proximity to amazing restaurants and marinas, this home offers a true luxury experience on the waterfront in Jamestown.”

“We are pleased with our agents’ continued successes in all areas of our state: specifically, in coastal areas,” states Ray Mott, Broker/Co-Owner of Mott & Chace Sotheby’s International Realty.