Real Estate
Cliff Walk Home Sells for $16 Million
Hopedene was the highest recorded residential sale in Rhode Island this year, the Providence Journal reports.
A Cliff Walk home sold for $16 million, Gustave White Sotheby’s International Realty announced on Wednesday, the Providence Journal reported.
Hopedene, at 43 Cliff Ave., was the “highest recorded residential sale” this year in Rhode Island.
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Luxist reported in 2008 that the home was owned by Palm Beach socialites Craig Millard, retired Prudential Preferred Properties Chairman, and his wife Michele.
The home was orginally listed at $22.5 million.
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Hopedene is not the only recent major real estate sale in Newport.
Last November, Alex and Ani founder Carolyn Rafaelian announced that she bought Belcourt Mansion for more than $3 million.
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