Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024

by | Sep 4, 2024 | 0 comments

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A historic Newport mansion built during the Gilded Age has become the most expensive Rhode Island residence to sell this year.

The Newport Daily News reported the sale of The Orchard for $10.8 million. Built in 1873 and located on a 4.75-acre property along Newport’s Cliff Walk, the residence features 14 bedrooms, 13 full, 4 half baths and more than 20,000 square feet of living space. The property also features the largest private heated saltwater swimming pool in Rhode Island, a lap pool, Jacuzzi hot tub, indoor swimming pool and a lower-level spa, a private cinema and gardens that include many rare specimen trees plus a historic Florentine bronze and marble fountain.

The Orchard last changed hands in 2018 for $4.35 million; a 2021 sale pegged for $14 million fell through.

Kara Malkovich, of Lila Delman Compass’ Newport office, represented the buyer in this transaction and Stacie Mills and Mary Waddington of Vanderbilt International Properties represented the seller.

 

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