Mott & Chace Sotheby’s International Realty today announced the sale of 0 Paquins Lane, Portsmouth for $3,100,000.
Holly Prentice represented the sellers, and the buyers were represented by The Soby Fox Team, which is represented by all sales associates of Mott & Chace Sotheby’s International Realty.
According to data from the Multiple Listing Service, this marks the highest vacant land sale since 2021 and the second-highest vacant land sale on record in Portsmouth.
Located on over 24 acres, this pastoral land has views across the west passage of Narragansett Bay and beyond.
Editor’s Note: What’sUpNewp previously reported that the new buyers were donating this land to the Aquidneck Land Trust. We used the information provided by Mott & Chace Sotheby’s International Realty and apologize for the error and confusion.
In Mott & Chace Sotheby’s International Realty original press release titled, “Mott & Chace Sotheby’s International Realty Announces Land Trust Acquisition Marking the 2nd Highest Vacant Land Sale on Record in Portsmouth”, at 10:34 am on Friday, April 5, they said in part;
Used as a family farm since 1964, the current buyers have donated the land to the Aquidneck Land Trust where it will remain undeveloped in perpetuity.
“I am overjoyed to assist my client in the donation of this beautiful land,” Bridgette Soby. “Its beauty will be left for many to enjoy for years to come.”
At 2:38 pm on Friday, April 5, Mott & Chace Sotheby’s International Realty followed up with a corrected press release titled, “Mott & Chace Sotheby’s International Realty Announces Land Trust Acquisition Marking the 2nd Highest Vacant Land Sale on Record in Portsmouth”, saying in part;
Used as a family farm since 1964, the new buyers and Aquidneck Land Trust hope to work together to protect the land in perpetuity and keep it in farming via a conservation easement. The buyers and the land trust hope a deal can be finalized later in the summer.
“I am overjoyed to assist my client in the donation of this beautiful land,” Bridgette Soby. “Its beauty will be left for many to enjoy for years to come.”
At 4:39 pm on Friday, April 5, Mott & Chace Sotheby’s International Realty followed up with a corrected press release titled, “Mott & Chace Sotheby’s International Realty Announces the Second Highest Vacant Land Sale on Record in Portsmouth, Future Land Trust Conservation Easement”, saying in part;
Used as a family farm since 1964, the new buyers and Aquidneck Land Trust hope to work together to protect the land in perpetuity and keep it in farming via a conservation easement. The buyers and the land trust hope a deal can be finalized later in the summer.
“I am overjoyed to assist my client in the purchase of this beautiful land,” Bridgette Soby. “Its beauty will be left for many to enjoy for years to come.”
Mott & Chace Sotheby’s International Realty did not identify the sellers or buyers.
