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.
Find out what's happening in Newportfor free with the latest updates from Patch.
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.
Find out what's happening in Newportfor free with the latest updates from Patch.
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.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
