Current Real Estate Roundup - June 18, 2025
David Creed •
This week’s Current Real Estate Roundup includes property transfers from June 11th, 2025 to June 18th, 2025. It is led by the sale of a Bishops Rise property for over $11 million and a Cliff Road property for over $10 million.
20 Bishops Rise for $11,500,000 from Mulberry Street Real Estate Ventures LLC to Brian Barbetta, Trustee of the Bishops Rise Holdings Nominee Trust. The property is 1.87 acres, a dwelling, and a Land Bank fee of $230,000 was paid. The assessed value of the property is $7,823,600.
Property Description: “Tucked away in one of the island’s most exclusive neighborhoods, this newly constructed coastal compound offers a rare blend of refined luxury and serene seclusion. Crafted with exquisite attention to detail, the property is a masterclass in design. Just under a mile from the pristine shoreline of Dionis Beach, this property offers the perfect balance of luxury living and laid-back island lifestyle. With nine spacious bedrooms, each paired with its own en suite bath, and two additional powder rooms, the residence was built to accommodate gatherings both grand and intimate."
“The main home is complemented by a separate carriage house featuring a charming guest cottage and an attached two-car garage. The outdoor living experience is equally impressive. The pool and spa are surrounded by lush landscaping, multiple lounging decks, a fire pit for evening gatherings, and a cabana-style pool house. The cabana is centered around a large entertaining island and an open-air kitchen outfitted with premium stainless-steel appliances, all shaded beneath a bespoke pergola.”
166 Cliff Road for $10,050,000 from Charles A. Ernst III Realty Trust to Pride Foundation II Trust. The property is 1.99 acres, a dwelling, and Land Bank fee of $201,000 was paid. The assessed value of the property is $4,646,300.
Property Description: "A long welcoming driveway off of coveted Cliff Road on two acres sits a five bedroom home that has been enjoyed for multi generations. Enjoy the privacy and amenities of the existing house, remodel it or realize the full potential of building a Cliff Road estate. Sweeping views of more than 70 acres of Tupancy links conservation and close to the Westmoor Club makes this a rare opportunity."
15 Lauretta Lane for $4,900,000 from Hanley Hideout LLC to EEC Management II LLC. The property is 1.70 acres, a dwelling, and a Land Bank fee of$98,000 was paid. The assessed value of the property is $2,174,702.
Property Description: "Harborfront property with incredible views on 1.7 acres. The uniquely designed two bedroom, one bath home allows for spectacular views in all directions from sunrise to sunset. Waterfront living at its best; the harbor is just steps from the deck and patio. From inside or outside, the views abound. There are no leases in place making this the perfect spot to spend your summer."
5 Gray Avenue for $3,375,000 from Daniel R. Gurley to Dean Lampe. The property is .92 acres, vacant land, and a Land Bank fee of $67,500 was paid. The assessed value of the property is $736,800.
6 Jonathan Way for $3,015,000 from 6 JW LLC to David Connolly and Jean Marie Serra. The property is 1.18 acres, a dwelling, and a Land Bank fee of $60,300 was paid. The assessed value of the property is $1,827,500.
Property Description: "Powerful ocean views in a private one acre setting, this beach cottage is the perfect place to enjoy peace and tranquility with four seasons of views. Newly renovated with gorgeous front shingled wrap-around covered porches that provide two levels of outdoor living to soak in summer breezes and star gazing. This four bedroom and two and one half bath cottage has the potential for more including 1,132 square feet of remaining ground cover, which could be utilized by adding on to the existing house or building a new dwelling.
"The expansive backyard provides the perfect spot to site a pool and/or cabana. Newly installed electric air conditioning and heating splits throughout, new roof, and all new windows and doors. Sankaty lighthouse views surrounded by the natural beauty of hundreds of acres of conservation land to the east and sunset views to the west making this property a must-see."
159 Orange Street for $2,700,000 from Ronald K. Bamber to 159 Orange Street Limited Partnership. The property is .27 acres, a business, and a Land Bank fee of $54,000 was paid. The assessed value of the property is $2,013,500.
2 Bittersweet Lane for $1,400,000 from Somerset Nominee Trust to Sea Hero LLC. The property is .46 acres, vacant land, and a Land Bank fee of $28,000 was paid. The assessed value of the property is $741,000.
21R Allens Lane for $222,500 from Edward F. Coffin Jr. and Morgan Coffin to Grace-Anne Tornovish and Patrick O’Toole. The property is .26 acres, a dwelling, and a Land Bank fee was exempt. The assessed value of the property is $2,254,200.
