4 SAKONNET BLUFFS’ LOTS SOLD: YEARS IN THE MAKING, WELL WORTH THE WAIT
Portsmouth, RI: Hogan Associates Real Estate announced the sale of four newly created lots at the waterfront enclave of Sakonnet Bluffs in Portsmouth, RI.
A 5.66-acre parcel consisting of 3 contiguous waterfront lots sold for $1,560,000 to Aquidneck Financial, LLC on August 8, 2018, and a 1.2-acre, water view lot sold to a Connecticut couple on July 30, 2018, for $465,000. Both buyers cited the view, the location and the ability to build just what they want as motivating factors. Sakonnet Bluffs, LLC was the Seller of all four properties. Leslie Hogan of Hogan Associates managed both buyer and seller sides of the transactions.
IMPROVEMENTS IN THE PIPELINE
“Plans for this spectacular piece of property began over a decade ago,” said developer, Bruce Vanicek, “With these early sales, we can move on to the landscaping phase which will transform the entrance moving us closer to our vision of an elegant, upscale community on the Sakonnet.”
Indeed, plans are underway for signature entry gates and plantings along the private way at the end of Frank Cohelo Road. The new landscaping will enhance the dramatic water view that unfolds as you proceed down the private drive.
ABOUT SAKONNET BLUFFS
Approved and recorded in early 2018, Sakonnet Bluffs is Portsmouth’s newest neighborhood. Previously part of RI Nurseries, the property runs along the Sakonnet River just north of Glen Farm’s parks and open space. All lots offer sweeping water views of Tiverton, Little Compton, and the open Atlantic. Accessed via a long, private road, the area consists of seven waterfront home sites and seven water view home sites, each approximately one acre.
“It’s rare these days to find this much acreage on the water,” commented, listing agent, Leslie Hogan, “and you won’t find a prettier spot for a new home.”
LOCATION AND HISTORY
Residents of Sakonnet Bluffs enjoy easy access to Boston (1 hour, 10 minutes), Providence (35 minutes), TF Green Airport (40 minutes), Newport (15 minutes). Sandy Point Beach is a mile away; 2nd and 3rd Beaches are just 5 miles south. It’s a quick walk to Portsmouth Park, protected walking trails and historic Glen Farm – the perfect place to take in a polo match, go for a hike or walk with your dog.
One of the things that make Sakonnet Bluffs so special is its location just north of historic Glen Farm. Now home to public polo grounds, playing fields, stables, paddocks, open space, and walking trails, it was once the country estate of wealthy industrialist Henry A.C. Taylor. In the late 1800s, Mr. Taylor chose The Glen, a scenic, coastal valley, as the site for his gentleman’s farm. In its heyday, Glen Farm spanned over 1,500 acres where the Taylors raised prize-winning sheep, cattle, and horses.
The Olmsted brothers, sons of Central Park designer, Frederick Law Olmsted, were responsible for the tree-lined drives, miles of rustic stone walls and beehive, stone gate posts that line the route to Sakonnet Bluffs today.
FIND OUT MORE
Like the gentleman farmers of Newport’s gilded age, you can create your dream home in one of the most beautiful places on Aquidneck Island. For a flyover video, pricing and more information visit SakonnetBluffs.com or the frequently asked questions page.
