Providence Sees Historic Home Sale

Categories: Business NewsNewsReal Estate & Properties

The grand facade of the historic colonial home at 97 Loring Ave, showcasing its architectural beauty and outdoor charm.

News Summary

A historic 6,300-square-foot Gregorian colonial home at 97 Loring Ave in Blackstone Park has sold for $2.93 million, marking it as one of the highest residential sales in Providence this year. Built in 1900, the property offers five bedrooms, beautiful living spaces, and an impressive outdoor area. The sale reflects the strong demand for historic homes in desirable neighborhoods like Blackstone Park.

Providence Sees Historic Home Sale

A historic 6,300-square-foot Gregorian colonial home located at 97 Loring Ave in the Blackstone Park area of Providence has been sold for $2.93 million. This sale marks it as one of the top ten highest-priced residential property sales in the city for the year 2025 thus far. The transaction was facilitated by Residential Properties Ltd., with sales associate Jim DeRentis representing both the buyer and the seller.

Property Features

The impressive home, built in 1900, features a total of five bedrooms, three full bathrooms, and two half-bathrooms. The 2½-story structure includes a finished attic, providing ample living space. Upon entering, one is greeted by a grand entry hall that opens into a spacious living room characterized by a fireplace, beamed ceilings, and elegant crown molding. Additionally, the property boasts a sunroom with three walls of windows that flood the space with natural light.

The kitchen is designed for functionality and elegance, complete with two islands and exquisite quartz countertops. For formal dining, a dedicated area featuring crown molding and an atrium-like breakfast room is accessible. The family room emphasizes comfort, featuring a wet bar and a gas fireplace, making it ideal for gatherings or relaxation.

Primary Suite and Outdoor Amenities

The primary suite, located on the second floor, includes custom built-in wardrobes, a private bathroom, and an office space, catering to both privacy and functionality. Outside, the backyard enhances the property’s charm, featuring a brick oven, a dining portico, and a comfortable seating area surrounded by mature plantings, perfect for outdoor dining and entertaining.

Valuation and Transaction Details

Prior to the sale, the property had been assessed by Providence assessors and valued at approximately $1.78 million for the fiscal year 2024. The land alone, encompassing 0.33 acres, was valued at $549,100. The home was sold by previous owners Katherine McCleary and Sidney McCleary IV, residents of Providence. The new owners are Shawn and Lisa Khan, who currently reside in Seekonk.

Local Real Estate Market Context

This sale reflects the current trends in the Providence real estate market, where historic homes continue to hold significant value. The Blackstone Park area is particularly desirable due to its charm and proximity to local amenities, contributing to the property’s high selling price. Real estate professionals note that homes of such historical significance often attract premium offers, and this sale underscores the strong demand for unique residential properties in the region.

As the local housing market continues to evolve, transactions such as this one illustrate both the enduring appeal of historic homes and the increasing price points within desirable neighborhoods in Providence.