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Record-Breaking Sale Achieved for Highest Priced Single-Family Home in Johnston, Rhode Island

In a historic milestone for the real estate market in Johnston, Rhode Island, Jackie Karam of the esteemed DiSpirito Team with Engel & Völkers has successfully closed the highest priced single-family home sale to date. The groundbreaking transaction involves a remarkable new construction home located at 1266 Central Ave, Johnston, Rhode Island.

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The awe-inspiring property is a custom Ranch, showcasing exceptional craftsmanship and an array of luxurious features. Situated on nearly 1 acre of land, this residence spans an impressive 3,200 square feet of living space, offering four bedrooms and 2.5 bathrooms. The builder has transformed the property into an entertainment haven, featuring a home theatre in the bonus room, and a fully finished walk-out basement with a full bath, kitchenette, and family room. The outdoor space is equally impressive, boasting a half basketball court, an inground pool, and a cabana.

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This exceptional home is designed for the most discerning homeowners. The interior features soaring cathedral ceilings, creating an atmosphere of grandeur and sophistication. A striking gas fireplace serves as a focal point, providing both warmth and a touch of opulence. The property is equipped with high-efficiency heating and cooling systems, ensuring comfort and sustainability.

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Externally, the front of the house is adorned with a stone veneer exterior, adding a timeless and elegant touch to the facade. A pergola graces the expansive rear decking, providing the perfect space for outdoor entertainment and relaxation. The property is equipped with an irrigation system, simplifying the maintenance of the lush landscaping. A stamped concrete patio further enhances the outdoor living experience.

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Jackie Karam, the accomplished real estate professional behind this historic sale, expressed her enthusiasm for representing such an extraordinary property. “This custom Ranch truly exemplifies the epitome of modern luxury living. Its design, craftsmanship, and attention to detail set it apart in the market. I am thrilled to have been part of this record-breaking sale, and it’s a testament to the strong demand for exceptional homes in Johnston. I am proud to work alongside Creative Spaces. They combine quality construction with the power of customization, crafting dream homes that will stand the test of time.”

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Jackie Karam played a pivotal role in the entire process, assisting the buyer in finding the ideal land, collaborating with their buyer’s agent, and working closely with Creative Spaces throughout the process. Creative Spaces, designed and built  the home tailored to the specific needs and desires of the buyers.

© IMAGE TEN REAL ESTATE PHOTOGRAPHERS. ALL RIGHTS RESERVED.

In addition to this remarkable achievement, Engel & Völkers currently represents approximately 85% of single family home new construction on the market in Johnston and has a growing influence in residential developments throughout the state. The firm is at the forefront of the real estate landscape with projects like the Cherry Blossom Estates and others, consolidating its position as a leader in the market.

 

It is worth noting that Vickie Pizzarelli, Broker Associate, has the exclusive listing on Cherry Blossom Estates, further establishing Engel & Völkers’ commitment to providing exclusive and unparalleled opportunities for its clients.

 

“Johnston stands as a testament to the astuteness of developers who recognize its untapped potential. Unlike the oversight it may have faced in the past, savvy developers now acknowledge that Johnston is not just well-run but a flourishing and quality community. With a centralized location, lower property tax rates, and the presence of industry giants like Amazon, FM Global, and AIPSO, alongside a thriving small business scene, Johnston is poised for significant growth. As town services expand, Johnston offers not just convenience but an exceptional quality of life, making it a prime destination for those seeking both strategic business opportunities and a vibrant community.” – Emilio DiSpirito, License Partner

 

The list price for the property was originally $795,000. However, with a series of meticulously selected upgrades, the final sale price reached an impressive $1,130,000, underscoring the desirability and value of this extraordinary residence.

 

**About Engel & Völkers**

 

Engel & Völkers is a global real estate brand, specializing in luxury properties and providing premium services to clients worldwide. With a commitment to excellence, Engel & Völkers agents deliver unparalleled expertise and personalized assistance to those seeking to buy or sell distinctive homes.

 

**About the DiSpirito Team**

 

The DiSpirito Team, a leading force in the real estate industry, embodies core values of competence, exclusivity, and passion. With dedicated advisors covering Rhode Island, Connecticut, and Massachusetts, they consistently deliver exceptional service and results, prioritizing innovation, integrity, and client satisfaction. Setting themselves apart is an unmatched support network, featuring attorneys, mortgage professionals, contractors, accountants, financial advisors, inspectors, and various business specialists. This comprehensive approach ensures clients receive thorough assistance in all aspects of their personal and business contexts, solidifying the DiSpirito Team’s reputation for excellence.

 

The DiSpirito Team with Engel & Völkers invites interested parties to contact them for further information on this landmark property and other opportunities in the Johnston, Rhode Island area. This record-breaking sale marks a significant moment in the local real estate landscape and reflects the continued growth and desirability of the Johnston community.

 

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