HGTV Dream Home in Newport RI sold for big chunk of change

The winner of the HGTV Dream Home in Portsmouth never got to enjoy the stunning views or sea air, but new owners are about to get the experience.

According to property transactions records, the three-story contemporary Cape Cod-style home at 470 Vanderbilt Lane recently sold for $2.751 million to WJDJG LLC. It is not immediately clear who operates the limited liability company. 

Property transactions records show the seller was Little Rhodie Home LLC. The address for Little Rhodie Home is listed as 9721 Sherrill Blvd., Knoxville, Tennessee. That is also the address for Discovery Inc., which owns HGTV.

Tracie Hall, a real estate agent with Keller Williams Coastal, sold the property.

The house went on the market in early May and was initially listed at $2.39 million. According to Portsmouth tax assessment, the home and land are valued at $1,387,200. 

The 3,300-square-foot home includes four bedrooms, five total bathrooms, a rooftop deck with a built-in wet bar, a custom outdoor kitchen, a backyard putting green and a basement game room with a lounge area.

The home’s interior designer, HGTV’s Brian Patrick Flynn, said the home is “full of modern nautical design and rich colors that honor Newport’s coastal New England charm, such as deep reds and blues, with neutral tones and pops of pattern.”

More: Go behind the design of this dream home

The open floor plan between the living room and the dining room, located off of the chef’s kitchen, includes a large island, state-of-the-art appliances and lots of storage.