The $19M Seafair Cottage is Rhode Island’s Most Expensive Listing

The $19M Seafair Cottage is Rhode Island’s Most Expensive Listing

Published: August 11, 2016 | By: American Luxury Staff

Seafair, a “cottage” in Newport, Rhode Island, is listed for $19 million, making it the most expensive listing in the diminutive east coast state.

The home was built in 1936 during the boom of America’s Gilded Age, which is also when Newport was becoming the summer getaway location for the rich and famous. Its original owner was a banker who went on to become the U.S. Ambassador to Morocco under then-President Ronald Reagan.

Seafair’s presidential ties continued in 2014 when President Barack Obama held a fundraiser on the 9-acre private peninsula property.

This cottage is rather expansive at 15,851 square feet, and it holds 14 bedrooms and 14 bathrooms, most of which feature sea-facing windows boasting majestic views.

In addition to the main house, there’s an ocean-facing pool, a carriage house, and an additional three-bedroom condominium for guests or well-loved staff. It’s currently listed separately for $3 million.

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