Tucked away in the quiet seaside village of Little Compton, Rhode Island sits Bayberry Farm. The iconic 127 acre gentleman’s estate has hit the market for the first time in 50 years! The mile long driveway leads you to the lovely 1925 French, Normandy inspired white-washed manor, which sits perched at the mouth of the Sakonnet River. The unobstructed panorama of the shimmering open ocean is nothing short of breathtaking, and can be all yours for $12,950,000.00 (a steal compared to Andy Warhol’s former Hamptons Estate)
The home is truly one of the last of it’s kind. Located on one of New England’s most scenic coastlines in Little Compton, Rhode Island the unknown secret of this estate lies with the history of it’s former owner. The 127 acre property was purchased back in 1964 by Frederick L. Bissinger a chemical company executive in the early days of the American chemical boom. Frederick L. Bissinger Jr. estimates that his father bought the home in Little Compton for about $120,000. Mr. Bissinger Sr. recently passed away on March 3, 2009, at the age of 98 leaving Bayberry Farm to his two children Frederick Jr. and Elizabeth Witt. Both visited every year. ‘It’s like going down to a dream world,’ recalls Ms. Witt. Bissinger lived year-round in Maryland, and utilized Bayberry Farm as a family Summer retreat for it’s calm, and secluded atmosphere. Like BayBerry, Little Compton, RI exudes a quaint charm founded upon agricultural traditions, beautiful beaches, and a laid-back attitude. And while the 6,800 square foot coastal manor sits on 127 acres of pristine farmland, the land will never be sold to a large residential or commercial developer as nearly half of it has been dedicated to land preserves, more specifically: 58 acres of the land on the eastern half of the property will be designated as a private wildlife sanctuary, in memory of Julia S. and Frederick L. Bissinger, Sr.
Mr. Bissinger was an avid Little Compton land conservationist, and one of the first town residents to protect his land. At the Bissinger family’s suggestion, 23 people have made donations to the Little Compton Agricultural Conservancy Trust in memory of Mr. Bissinger. While alive in 1994, Mr. Bissinger generously donated the development rights to Bayberry Farm protecting his prestigious property for the sake of both the town and the landscape he so loved. This insures that Bayberry will most certainly be purchased by a family, and not a large developer. The land trust does however provide for the opportunity for two additional structures to be built on 15 and 17 acres respectively, presenting a one in a lifetime opportunity for a family compound/equestrian estate.
The property also comes with a 2 bedroom guest house, a 4 car garage, a large barn, and Bedroom suites have 180 degree views, 2 bedroom guest house, 4 car garage, large barn, the option of being sponsored for a membership at the Carnegie Abbey Club in Portsmouth, RI. Listing available via Judy Chance of Sotheby’s International gallery below courtesy of Sotheby’s International Real Estate.