Residential Properties Ltd. is proud to announce the sale of 00 Reservoir Road in North Smithfield for $2,763,000. RPL Sales Associate Derek Simpson represented the seller as the listing agent in this transaction.
According to State-Wide MLS data, this is the highest residential sale ever recorded in North Smithfield.
An incredible equine estate on over 85+ acres bordering the Woonsocket Reservoir, this 4-bedroom, 4.3-bath Contemporary Colonial offers beautiful views, a sparkling chef's kitchen, first-floor primary suite, solarium, game room, wine cellar, and more. An in-ground pool with a full cabana house is off the rear bluestone patio overlooking expansive pastures and the reservoir. Additionally, a 24-stall barn with manager’s office, 21 grass paddocks, indoor & outdoor riding rings, and hay buildings allow for a professional equine lifestyle. With 30 acres dedicated to haying, this portion of the property is currently leased to the Prospect Hill Riding Academy and produces $85,000-$90,000 a year.
A lifelong Rhode Islander, Derek Simpson’s passion for real estate and design began at a young age. Today, he is a skilled real estate advisor who ensures long-term client success by building trust and creating well-rounded portfolios. Beginning in 2012, he spent a decade purchasing and flipping units in downtown Providence before completing his first home flip on the East Side in 2022. In addition to his impressive record of selling high-rise condos throughout RI, he has a true gift for preserving the character of historic homes while tastefully updating them for modern needs. To learn more about Derek and to view his listings, please visit DerekSimpson.ResidentialProperties.com.
*Information based in whole or in part on data supplied by State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from State-Wide MLS as of April 2024.
