Joyal Sells 18 Ninigret Ave for $5.5M: 7 Positive Surprises

Joyal Sells 18 Ninigret Ave in a remarkable deal that reflects the strength of Rhode Island’s luxury property market. The sale, finalized at an impressive $5.5 million, was handled by Joyal of Lila Delman Compass, a firm known for dominating the high-end real estate space across coastal New England.

This transaction adds to the growing list of multimillion-dollar property sales in Narragansett, a coastal town that continues to attract buyers with its serene surroundings and premium lifestyle options. Let’s dive deeper into why Joyal’s sale of 18 Ninigret Ave is a key indicator of ongoing growth in the luxury market—and why this particular deal stands out.

1. Joyal’s Expertise Continues to Set Records

Joyal of Lila Delman Compass has become a trusted name in luxury property sales. With years of experience in the Narragansett area, she consistently delivers high-value deals for both sellers and buyers. The sale of 18 Ninigret Ave at $5.5 million reflects her strong reputation, marketing skills, and deep understanding of what elite buyers want.

This isn’t just another transaction—it’s a benchmark. Her ability to close this sale at top dollar showcases why she remains one of the most respected real estate professionals in Rhode Island.

2. 18 Ninigret Ave: A Coastal Paradise

Located in the heart of Narragansett, 18 Ninigret Avenue offers both charm and modern luxury. This seaside residence combines traditional New England architecture with state-of-the-art features.

From the moment a buyer enters the property, it offers:

• Stunning views of the Atlantic Ocean
• Five spacious bedrooms
• High ceilings and natural light throughout
• Premium kitchen with custom cabinetry and top-tier appliances
• Beautiful outdoor living spaces, including decks and a private yard

Such features made it ideal for affluent buyers looking for a second home or a peaceful retirement property near the beach.

3. A Boost for Narragansett’s Real Estate Profile

Joyal’s sale of 18 Ninigret Ave not only marks a personal achievement—it elevates the perception of Narragansett’s market value. Real estate experts believe that deals like this are pushing the area toward becoming one of New England’s luxury real estate hotbeds.

Previously overshadowed by places like Newport and Cape Cod, Narragansett is now being recognized for its quieter, upscale vibe. The $5.5 million price tag attached to this property may encourage further high-value listings in the future.

4. Lila Delman Compass Sets the Pace

Behind every great sale is a strong brand. Lila Delman Compass has long been known for its specialization in high-end Rhode Island properties. The brokerage’s blend of local insight and global reach gave this listing maximum exposure.

Joyal leveraged their platform with precision—from professional photography and virtual tours to personalized showings for high-profile clients. This strategic approach ensured that 18 Ninigret Ave reached the right buyer at the right time.

5. Luxury Buyers Still Investing in Coastal Homes

Despite rising interest rates and economic concerns, high-net-worth individuals continue to invest in waterfront properties. The $5.5 million sale of 18 Ninigret Ave proves that luxury homes remain in high demand, especially when they offer exclusivity and timeless design.

With remote work more acceptable than ever, many buyers are prioritizing properties like this one that offer both elegance and the flexibility to work from anywhere.

6. A Sign of Market Stability in 2025

The successful sale at such a premium price is a vote of confidence in the Rhode Island housing market. It shows that well-positioned luxury homes still attract buyers willing to pay a premium. In fact, Joyal’s sale of 18 Ninigret Ave suggests a stable market environment—especially in select, high-demand neighborhoods like Narragansett.

For sellers, this may be the right time to list. For buyers, the message is clear: quality homes in prime locations will not stay available for long.

7. The Future Looks Bright for Joyal and Narragansett

After this high-profile transaction, Joyal of Lila Delman Compass is expected to take on more premium listings in the area. With a proven track record and an elite clientele, her continued presence will be crucial to shaping the next chapter of Narragansett’s luxury property scene.

As for the area itself, 18 Ninigret Ave is likely to inspire more investment and interest in similar upscale listings. The sale not only reflects the property’s appeal but also shows that Narragansett is a smart long-term bet in coastal real estate.

Final Thoughts

Joyal’s sale of 18 Ninigret Ave for $5.5 million is more than just a successful real estate deal. It’s a sign of resilience and growth in Rhode Island’s property market, particularly in the luxury segment. The transaction highlights the expertise of Joyal and the dominance of Lila Delman Compass in high-value home sales.

This milestone deal shows that in 2025, luxury homes—especially those located in desirable coastal towns like Narragansett—remain strong assets in any portfolio. With more buyers looking for quality, privacy, and lifestyle, it won’t be surprising to see more sales like this soon.

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