A SUPPLEMENT TO EAST BAY MEDIA GROUP
PROUD TO BE A Celebration of East Bay Business
A luxury brand with a community commitment L
FROM THE COAST TO THE CAPITAL...
BRISTOL, RI
BARRINGTON, RI
‘Shangri-La’, 79-85-91 SHORE ROAD
$5,750,000
85 NAYATT ROAD
$4,975,000
Private & Luxurious Estate on 3.92 Waterfront Acres
401.266.9900
SOLD
Waterfront Compound: 2 Homes, Tea House, & Greenhouse 401.450.9026
Tom Wegner is Lila Delman’s Providence sales manager and associate. supporter of Providence WaterFire. Despite this year’s pandemic, buyer confidence is still very strong in the Ocean State, according to Lila Delman. The company finds that Rhode Island real estate is holding value compared to coastal towns on the Cape and the Hamptons. Although the market dipped in March and April, the summer has been as busy as ever. “You’re going to get a better deal in Rhode Island,” one Lila Delman manager said.
BRISTOL, RI
TIVERTON, RI
415 POPPASQUASH RD Newly-Built, Water Views
$2,995,000 401.952.3461
112 RIVERSCAPE LANE Waterfront 4-Bed w. Mooring
LITTLE COMPTON, RI $2,695,000 401.339.6233
116 SAKONNET POINT RD. SOLD: $1,955,000 Sold by Ted Marvell
401.255.6420
SOLD
ila Delman Real Estate, a Rhode Island institution that’s been owned by the same family since its founding 56 years ago, is just getting warmed up. The company celebrated a recordbreaking year in 2019, closing on more than $560 million in sales volume, and recently surpassed $5.5 billion in overall sales as the No. 1-ranked luxury firm in the state. In June, Lila Delman welcomed East Bay resident Tom Wegner as sales manager of the firm’s Providence office, at 369 South Main St. A multimillion-dollar-producing Realtor licensed in Rhode Island and Massachusetts, Tom was ranked as one of the Top Ten Associates companywide in 2018. Lila Delman represented two of the top home sales on the East Side this year: the Williams Douglas House for $1.71 million, and another on Stimson Avenue for about $1.34 million. “From the Coast to the Capital” — with offices in Block Island, Watch Hill, Newport, Narragansett, Jamestown and Providence — Lila Delman is primary known for their focus on coastal luxury properties. 2019 proudly marked Lila Delman’s 11th consecutive year as statewide leader of sales of over $1 million. Still, as a representative pointed out, more than 50 percent of their sales actually involve properties under $1 million. The company is also known for its strong community involvement. Lila Delman is the prime sponsor of the ubiquitous newportFILM series and has also been a major
EAST SIDE OF PROVIDENCE, RI Sold by Stephanie Basile
NEWPORT JAMESTOWN
BRISTOL, RI
SOLD: $1,710,000
6 OLIVE STREET
401.465.3975
WATCH HILL NARRAGANSETT
343 THAMES STREET #303-M Luxury 2-Bedroom Condo
PROVIDENCE BLOCK ISLAND
EAST SIDE OF PROVIDENCE, RI $849,000 401.662.7993
229 MEDWAY STREET #109 Luxury Retirement Community
$415,000 401.465.3975