narragansett real estate

Hazard Castle Gets A Price Cut

Filed under: Estates

While browsing around today, I noticed that one of our former estate of the day properties has had a price drop since we last checked it out. The rather unique Hazard Castle is in Narragansett, Rhode Island. It 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. It could be renovated as an estate, hotel or development but the amount of work required may be putting some buyers off. A shame since it looks to be a really fantastic property. It was listed at $7 million in 2009 but is now at $5.95 million with Lila Delman.

Gallery: Hazard Castle