Lila Delman Real Estate International sells Fairholme Estate for $16.1 Million
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3/4/2016 Lila Delman Real Estate sells Fairholme mansion for $16.1 million ~ New England Real Estate Journal https://cre.nerej.com/lila-delman-real-estate-sells-fairholme-mansion-16-1-million/ 1/2 Fairholme Newport, R.I. Newport, RI Melanie Delman of Lila Delman Real Estate International brokered the sale of the 24,400 s/f Fairholme mansion, 237 Ruggles Ave. Delman represented the seller and facilitated for the buyer. The property, which is on 4.3 acres with ocean frontage, sold for $16.1 million, according to data from the statewide Multiple Listing Service. The seller was San Diego real estate developer Doug Manchester. The buyer is Fairholme LLC. The 1875 Tudor revival, originally built as a summer cottage for Fairman Rogers, includes a grand Horace Trumbauer designed ballroom, 15 bedrooms, 12 full bathrooms, carriage house, greenhouses, tiled swimming pool and a cabana pavilion that overlooks the Atlantic. The property was remodeled in 1905 by John Drexel. Under the Drexel’s ownership the home had many notable visitors including The Duke and Duchess of Windsor, and President John Kennedy. Robert Young and his wife Anita O’Keeffe, sister of Georgia O’Keeffe acquired Fairholme in 1955. They had one daughter, Eleanor Young, who became one of the muchpublicized “Glamour Debutantes” of the Great Depression era. 1
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Transcript of Lila Delman Real Estate International sells Fairholme Estate for $16.1 Million
3/4/2016 Lila Delman Real Estate sells Fairholme mansion for $16.1 million ~ New England Real Estate Journal
https://cre.nerej.com/lila-delman-real-estate-sells-fairholme-mansion-16-1-million/ 1/2
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March 4th, 2016 Posted in Front Section No Comments
Fairholme Newport, R.I.
Lila Delman Real Estate sells Fairholme mansion for $16.1million
Newport,RI Melanie Delman of Lila Delman RealEstate International brokered the sale of the24,400 s/f Fairholme mansion, 237 RugglesAve. Delman represented the seller andfacilitated for the buyer. The property,which is on 4.3 acres with ocean frontage,sold for $16.1 million, according to datafrom the statewide Multiple Listing Service.The seller was San Diego real estatedeveloper Doug Manchester. The buyer isFairholme LLC.
The 1875 Tudor revival, originally built as a summer cottage for Fairman Rogers, includes a grandHorace Trumbauer designed ballroom, 15 bedrooms, 12 full bathrooms, carriage house, greenhouses,tiled swimming pool and a cabana pavilion that overlooks the Atlantic.
The property was remodeled in 1905 by John Drexel. Under the Drexel’s ownership the home hadmany notable visitors including The Duke and Duchess of Windsor, and President John Kennedy.Robert Young and his wife Anita O’Keeffe, sister of Georgia O’Keeffe acquired Fairholme in 1955.They had one daughter, Eleanor Young, who became one of the muchpublicized “GlamourDebutantes” of the Great Depression era.
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Karen Dowell
Karen is the Publisher of the weeklyBillboard section and the monthlyRhode Island section. The Billboardsection is the New England RealEstate Journal’s version of theclassifieds and also includesauctions. Karen, of Weymouth, hasbeen with the New England RealEstate Journal since 1979.
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3/4/2016 Lila Delman Real Estate sells Fairholme mansion for $16.1 million ~ New England Real Estate Journal
https://cre.nerej.com/lila-delman-real-estate-sells-fairholme-mansion-16-1-million/ 2/2
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