Sotheby’s Concierge Auctions: Sandy Point Farm in Portsmouth, Rhode Island, Pending Sale for US$2.576 Million After 37 Days

Sotheby’s Concierge Auctions: Sandy Point Farm in Portsmouth, Rhode Island, Pending Sale for US$2.576 Million After 37 Days

Oct 31, 2024

The Historic Vanderbilt estate is pending sale in cooperation with Kylie McCollough and Judy Chace of Mott & Chace Sotheby's International Realty

Sandy Point Farm, a prestigious and historic Vanderbilt estate in Portsmouth, Rhode Island, is pending sale for US$2.576 million after just 37 days of auction marketing. The 6.15-acre equestrian property was offered in cooperation with Kylie McCollough and Judy Chace of Mott & Chace Sotheby’s International Realty.

Located at 30 Sandy Point Farm Road, the historic property was once part of the 280-acre estate commissioned by Reginald Claypoole Vanderbilt, son of Cornelius Vanderbilt and grandfather to Anderson Cooper. Designed by architect A.S. Walker and completed in 1902, the 6.15-acre estate features premium equestrian facilities, including 24-stall stables, a 15,000-square-foot indoor riding arena, grooms' quarters, five apartment spaces for residential use, and a guest lounge. The architecture showcases 2’x24’ cypress beams and a unique indoor riding ring with cupolas, with additional lots available for development.

“Working with Sotheby’s Concierge Auctions allowed us to leverage a global audience and find the perfect buyer in just 37 days,” stated McCollough. “Their team was highly professional and seamless in executing a strategic auction campaign, and we’re excited that this cooperation has led to a successful sale for our client.”

“Sandy Point Farm is a remarkable property with a rich history, and we’re proud to have been part of this sale,” said Judy Chace. “The swift and strategic approach by Sotheby’s Concierge Auctions brought us incredible exposure and results in a short time frame, proving the power of combining our local expertise with their expansive reach.”

As part of Sotheby’s Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing will result in the funding towards new homes built for families in need.