rhode island real etate

Peter de Savary Sets His Sights On Newport

Filed under: Yachts & Sailing, Real Estate Developments

We've follwed the developments of Peter de Savary before. The English entrepreneur, sportsman and philanthropist, has spent the last 35 years developing what he calls "unique pieces of real estate in a special way." He is the founder of the St. James Clubs and the Carnegie Club at Skibo Castle and is developing Mount Cinnamon in Grenada. He has now turned his attention to the Vanderbilt Residences at Brown & Howard Wharf in Newport, Rhode Island. He purchased the managing interest of the Brown & Howard residences in April 2010. The 16 harbor-front homes have undergone major improvements both to the interior and exterior and include features like "yacht cabin staterooms" (fitted out to feel like you are on a yacht) and a waterfront private cafe/patio for owners use.

Residents will also have use of the exclusive Vanderbilt Club. He will officially launch the Vanderbilt Residences on Saturday, June 26th with an invitation-only Yacht Hop cocktail party featuring a selection of classic and luxury super yachts of distinction. The event will also allow invited guests to preview two residences, both furnished and fully equipped in de Savary's unique style.

There are seven residences still available. They are two and three-bedroom designs with balconies and spa bathrooms. Two penthouses each have a private 1000+ sq. ft. roof top terrace Prices start at $2.75 million.

Tags: newport, peter de savary, rhode island real etate, vanderbilt residences