Rhode Island

Most Expensive Home in Rhode Island

Rhode Island — Seaward, $37 Million

Newport, known as a playground for the well-heeled, is busting at its shorelines with magnificent mansions. But even among that set, Seaward stands out. The 7,000-square-foot home has a whopping 45 acres of land to its name, with a separate, 3,000-square-foot guest house elsewhere on the property. It has the look of a classic waterfront home, with outdoor porch space aplenty for al fresco dining, games of cards and large gatherings, plus a seaside infinity pool. The stone home is strategically built so the owners can enjoy both sunrises and sunsets—49 windows throughout the main home promise that you won’t miss a moment of either.

The estate was previously owned by Tennis Hall of Fame cofounder Jimmy Van Alen. A fire destroyed the place in 1976, and it was all but left to rot until 2004 when the current owner purchased and rebuilt it. Yet for all the effort that went into it, the home has struggled to find a buyer. It’s been on and off the market since 2013, when it was originally listed for $45 million. Its $37 million price tag would still soundly break a record for Rhode Island—the most expensive home sold in the state went for $18 million—but it may take a few more price cuts before it gets there.