A remarkable piece of Rhode Island coastal real estate recently made headlines with a record-breaking transaction in East Providence. The historic property located at 133 Terrace Avenue officially changed hands for an impressive $1,350,000.
This milestone sale highlights the enduring appeal of unique waterfront properties in the local market. For those tracking regional architecture, transactions of this magnitude often signal shifting buyer demands toward character and heritage.
Milestone Property Details
According to the RI Statewide MLS, this transaction proudly stands as the second-highest home sale in the history of East Providence. Originally constructed back in 1880, the residence captures the essence of classic coastal living.
A Glimpse Into History
The sprawling home features five bedrooms and three bathrooms spread across nearly half an acre of prime western-facing land. Enthusiasts of historical architecture will appreciate how well the structure maintains its original charm.
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Property features also include an expansive wraparound deck and meticulously designed multi-season gardens. These outdoor spaces provide stunning panoramic views of the bay during sunset.
The Neighborhood and Brokerage Impact
Nestled inside the desirable Narragansett Terrace neighborhood, the home offers incredible walkability to local landmarks. Residents can easily stroll down to Crescent Park and the historic Looff Carousel.
To gain more inspiration on layout ideas, prospective buyers often look through home design trends to blend vintage character with modern updates. Local real estate experts note that community-centric neighborhoods always command strong market interest.
Brokerage Success Stories
The transaction was expertly managed by Compass, with Jan Malcolm representing the sellers and Ray Mangiarotti representing the buyers. This sale further cements the agency’s dominant footprint in the local region.
Readers interested in learning more about structural aesthetics can browse various architecture articles for deeper industry insights. Ultimately, historic coastal gems like this one continue to shape the future of luxury real estate.
Here is the source article for this story: Real Estate in RI: Riverside 5 BR Waterfront Sells for $1.35M with Compass for sellers and buyers
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