Seaside farm sale sets mark for Westport, Little Compton
LITTLE COMPTON, WESTPORT — The 50-acre Truesdale Farm at 263 Brayton Point Road straddling the Westport/Little Compton town line has sold for a record-breaking $9 million.
The buyers are Bruce E. Clarke and Karen J.A. Clarke, of Lincoln, Massachusetts.
The property was listed by Chandler Lyell and Paul A. Leys of Gustave White Sotheby's International Realty of Newport. The sale was reportedly the highest for the year 2012 in either Westport or Little Compton.
The buyer was represented by Patti Salem from Barrett and Company in Lincoln, Mass.
About 10 of the total of 50 acres are in Little Compton, while the remaining 40 acres are in Westport, said Mr. Leys.
Six of the 10 acres that lie in Little Compton abut and overlook Quicksand Pond, and are conserved with The Nature Conservancy in connection with the organization's ownership of nearby Goosewing Beach. Also nearby, and in Rhode Island, is Goosewing Farm, owned by Carl and Carol Acebes, a farm that is in part protected by conservation easements held by The Nature Conservancy.
The Truesdale name is associated with all these properties going back many years, said John Berg, Sakonnet program manager for The Nature Conservancy. Dr. Philemon E. Truesdale, who died in 1945, had acquired the properties over the years in part for its sweeping 270 degree ocean views. He also enjoyed hunting, and in places there still can be found remnants of old hunting cabins and duck blinds, Mr. Berg said.
Documents describing the land held in the trust created by Dr. Truesdale describe various rights of prior owners of the properties the doctor acquired, which carried over into the trust — for example, the right for some to pass over the acquired parcel from adjoining lands "for the purpose of gathering and dumping seaweed at all times,"or the rights of others "to draw water from the well."
The 50-acre property had been on the market for about a year, said Mr. Leys. The sale was originally set for closing last fall, but paperwork associated with the transaction was time-consuming, he said.
The property includes 1,000 feet of beachfront, the original farmhouse (with four bedrooms and two bathrooms), and a barn. The farmhouse and barn are physically situated on land that lies in Massachusetts.
The seller of the property, according to the Trustee's Deed filed in the Little Compton Clerk's Office, was the Bank of America, as Trustee of a trust established in 1943 under the will of Philemon E. Truesdale.