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At $17.5 million, Newport mansion is most expensive residential listing in R.I. – News – providencejournal.com – Providence, RI

Posted by on October 20, 2016

Christine Dunn Journal Staff Writer ProjoChris

NEWPORT — The Seafair mansion, at 254 Ocean Ave., was the location of a fundraiser for President Obama in 2014. For owner Richard Bready’s 60th birthday party in 2003, 180 guests were treated to a concert by Elton John at the nine-acre seaside retreat.

The mansion remains the most expensive listing in the Rhode Island residential market, despite a recent price reduction, to $17.5 million. Real-estate taxes for 2016 were $153,680…. (View original article)

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