A waterfront shingle-style estate in Jamestown has shattered the state’s highest sale record for 2024, fetching a staggering $12,250,000. The sale of 340 East Shore Road, known as “Fowler’s Rocks,” was announced by Lila Delman Compass, who represented the seller.
According to the Rhode Island Statewide MLS, this transaction marks the highest single-family home sale in the state to date and the highest ever for Jamestown. The property boasts nearly six acres of manicured grounds, lush gardens, and stone walls, offering breathtaking views of the East Passage of Narragansett Bay from every room.
Originally built in 1892, the estate showcases the architectural charm and period details of famed architect Charles L Bevins. The property features a deep water dock, boat lift, two moorings, and a seaside pavilion with a fireplace, providing an ideal setting for enjoying the bay’s sunrises and coastal living.
Cynthia Moretti and Bob Bailey, of Lila Delman Compass’ Jamestown office, represented the seller. Bailey represented the buyers and Moretti represented the sellers two decades ago. “Together, we became very fond of the family and enjoyed wonderful times at this stunning property over many years,” Bailey shared.
Lila Delman Compass Announcement
CYNTHIA MORETTI AND BOB BAILEY OF LILA DELMAN COMPASS REPRESENT SELLER IN HIGHEST SINGLE FAMILY HOME SALE IN RHODE ISLAND, YTD*
JAMESTOWN, RI – October 28, 2024 – Lila Delman Compass is pleased to announce the sale of 340 East Shore Road in Jamestown for $12,250,000. Cynthia Moretti and Bob Bailey of Lila Delman Compass’ Jamestown office represented the Seller in this transaction. According to data maintained by the Rhode Island Statewide MLS, this home marks the highest sale in Rhode Island, YTD,* and the highest single family home sale in Jamestown’s history.**
‘Fowler’s Rocks’ is an extraordinary waterfront shingle-style estate, showcasing fabulous views of the East Passage of Narragansett Bay from every room. Spanning nearly 6 acres of privacy, the manicured grounds, lush gardens and beautiful stone walls create a picturesque coastal setting. Originally built in 1892, its architectural charm and period details are still intact and attributed to famed architect Charles L Bevins. A deep water dock, boat lift, (2) moorings, and seaside pavilion with fireplace enjoy mesmerizing sunrises and seaside entertainment on the Bay.
“We are honored and delighted to have represented and marketed ‘Fowler’s Rocks’, a truly majestic, historic, grand summer cottage for the second time”, commented Bob Bailey. “Nearly 20 years ago, I represented the Buyers, while Cynthia Moretti represented the Sellers.Together, we became very fond of the family and enjoyed wonderful times at this stunning property over many years. We will always treasure those memories, and hope the new owners fall in love with this wonderful estate as much as we and the Sellers had.”
Generative artificial intelligence (AI) assisted a What’sUpNewp journalist with the reporting included in this story.
