The Miramar Estate: Newport’s Gilded Age Playground

Owning a Gilded Age masterpiece like the Miramar Estate may seem like a fantasy, but for those with deep pockets, these historic mansions occasionally change hands, making history with every sale. The Miramar Estate, a limestone jewel on Newport's Bellevue Avenue, sold for $27 million in September 2021, continuing its remarkable journey through the real estate market. Built in 1915 for the Widener family, the estate was purchased for just $118,000 in 1971, set a record at $17.5 million in 2006, and has now surpassed that milestone. Each sale reflects the enduring allure of Gilded Age architecture and the evolving value of luxury properties as symbols of wealth and cultural heritage.