4
Apr
Lila Delman Real Estate Sells Gray Craig Manor
Rhode Island, with its natural beauty, rich architecture,
history, and cultural amenities, continues to attract buyers of
significant homes and estates. 2010 was a record breaking
year with 10 properties selling between $5MM and $10.5MM.
Mayfair International Realty members, Lila Delman Real Estate, was
pleased to be involved with 8 of these transactions and now in 2011
with the sale of the exceptional Gray Craig estate.
The buyers of Gray Craig, Pamela and Andrew Constantine, are proud
to proceed with the established tradition of respectful stewardship
and plan to continue the conservation and preservation undertaken
by previous owners. They have a true appreciation of historic
buildings and extensive experience in their restoration. When
not enjoying the property themselves, they plan to make Gray Craig
available for rental to those wishing to experience the beauty and
tranquility of a seaside country estate.
“This is a significant sale in the context of the realities
of today’s market. Rhode Island is positively impacted
in that, as a previously somewhat undiscovered treasure, our high
end properties present as a significant value relative to other
northeast destinations. Buyers who have previously considered
areas such as Nantucket or the Hamptons are delighted by the beauty
and livability of a place like Newport that is also so accessible
from New York and Boston.”, states Melanie Delman, President,
Lila Delman Real Estate.
Nick Churton of Mayfair International Realty, the London
marketing office for Lila Delman Real Estate adds "I was lucky
enough to visit Grey Craig Manor when I was in Rhode Island earlier
this year. It is a wonderful home and I have no doubt that the
Constantines will gain many years of enjoyment from this remarkable
home"
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