|'Seafair' - The V. Reed Cottage|
In the 1930's, Verner Z. Reed Jr. (1900-1986); Vice-President of the Chase Manhattan Bank and later appointed Ambassador to Morocco by President Reagan; called upon British architect William Mackenzie to design for him and build an impressive mansion upon a monumental seaside plot of land. The cottage, once completed, was said to be the last of Newport's famed "cottages" built along the sea.
After a wave of owners, a few more wave crashes, Seafair was finally purchased by Rick Bready, chairman of Nortek Inc. in Providence, RI. He and his wife occupied the estate for about four years. In 2013, the couple listed their high-price estate for $19 million. They also listed a separate condo on the property for $3 million. Check out the links below for more information on the listing.
254 Ocean Av, Newport Rhode Island
Seafair - A Historic $19 Million-Dollar Waterfront Property in Newport, RI
Seafair - $19,000,000
If you are interested in Newport and it's historic "cottages", or even have a general love for architecture and the Gilded Age, and have a Facebook, please ask to join my group, "Newport ~ Queen of Resorts" for plenty of information, floor plans, photographs and stories of Newport cottages and the people who lived in them. Please also give The Gilded Age Era's Facebook page a like, by clicking HERE, and showing us your support. To see photographs of many of the Gilded Age properties, including the Vanderbilt homes, Astor palaces, Widener estates and Rockefeller compounds, please visit my Pinterest account, by clicking HERE.