Hazard Castle, Estate of the Day
A rather dramatic property has gone up for sale in Narragansett, Rhode Island. Hazard Castle is located on over 38 acres along Ocean Road. The Gothic Revival landmark was built between 1846 and 1889 and has an 105-foot tower. It was built by Joseph Peace Hazard who was involved in textile manufacturing and was one of the first people to see the potential of Narrangsett Pier as a recreation destination.
The property also includes a barn, garage, guest apartments and a 21,000 square foot retreat center with a full cafeteria, meeting space, and chapel. It was purchased by the Catholic Diocese from the Hazard family in 1951 and was home to the Our Lady of Peace Spiritual Center. Hardly any interior pics on this one but it could probably renovated as an estate, hotel or development. It is listed at $7 million.
Reader Comments (Page 1 of 1)
brad Sep 24th 2009 2:13PM
I like the addition of the Youtube video. I hope you can add that to all the estate of the days.
brad Sep 24th 2009 2:14PM
but with real video versus a slide show.
Spectacular Bid Sep 24th 2009 3:08PM
I noticed this property too and it really is a great opportunity with the classic architecture, very large parcel of land, and flexibility to be everything from a cooking school to private estate. I love the generous use of stone for the manor house and tower. It is an exceptionally rare offering and having been untaxed all these years I'm sure the community with be happy to see it back on the tax rolls.
The price is very competitive for the area. A recent sale (by Delman too) of Wrentham House - listed for $14.4M mill but sold for $6.5M - reflects how only seriously priced homes will actually sell in the Newport-area. (below link to sale)
http://www.projo.com/economy/Wrentham_House_sold_09-19-09_PJFP81O_v12.37ce8cf.html
Worth pointing out (although it seems extremely obvious) is that Luxist doesn't put together the videos nor does it take the pictures of these properties. They are chosen for selection as EOTD based upon a variety of factors. The listing agencies and agents for these estates vary widely in their quality of presentation with these homes - from staging to photography to accompanying video accessable to the public.
Lila Delman RE , affiliate of Christie's Great Estates, has been more progressive in adding the youtube videos of these niche, premium properties.