The 3,500-acre Preserve Club and Residences in Richmond, Rhode Island (with iconic sister property, Ocean House, less than 30 minutes away) is akin to an adult summer camp: a luxury experience centered on the exterior but fully contained. Preserve Club and Residences is also New England’s only four-season sports retreat and arguably America’s best sports club.
Guests have access to a myriad of facilities, from clay shooting and fly fishing, rock climbing, an equestrian program, and an 18-hole executive golf course. Paul Mihailides, or the “Magician of the Woods,” an avid supporter of the adventure lifestyle, created this utopia of luxury outdoor adventure in his native Rhode Island – a place for couples, families and friends ( just 150 miles from New York – 2:45 by car).
In addition to activities, guests can dine at a variety of on-site venues, including the Double Barrel Kitchen in the Main Lodge and the Maker’s Mark Hobbit House, a Tolkien-inspired cabin serving game alongside the Maker’s Mark bourbon. Guests can be pampered at the onsite OH! Spa. There’s also access to the private white-sand beach at sister property, the iconic five-star Ocean House for those wanting to venture out to the nearby coast.
The reserve is home to a plethora of shops and restaurants, in addition to the aforementioned guest accommodation and a spa, creating a self-sustaining community in which shoppers have found solace throughout the COVID era, where outdoor activities offer both adventure and safety. In addition to the on-site sports programming that ranges from well-stocked fishing ponds and world-class sporting clays, to highland hunting, climbing archery and more, the reserve also has America’s longest automated indoor golf course. Change sports equipment, if guests have always wanted to train with a marine seal or learn to hunt or fish, the reserve is the place of choice.
For a place to stay, and not just to play, the reserve has homes – a variety of configurations, including Signature Residences, Townhouses on The Green and the new Hilltop condominiums. The Preserve Club and Residences just closed with a turnover of $ 24 million with a record sale of $ 6.2 million at $ 2,000 per square foot.
The property, which also has $ 24 million under contract, is now entering another phase of development for a village of twenty-six of its Cozy Cabin units. Cozy Cabins are suitable for clients who really want the experience of an outdoor summer camp for adults, offering a charming and rustic community within a community. Ranging from tiny 450-square-foot tiny houses to 1,500-square-foot cottages, half of Cozy Cabin’s properties have been sold to date, underscoring the growing desire to live in the tiny houses. Prices range from $ 649,000 to $ 1.2 million.
“We have more interest in our real estate now than before the pandemic, but what is remarkable is that a subset of our buyers come from as far away as the West Coast,” said Paul Mihailides, President of The Preserve. “We have seen a slight increase in buyers from cities across the country choosing the reserve for their first and second home.”
All owners of The Preserve will automatically receive a Preserve membership, as well as the opportunity to participate in the Resort Accommodation Rental Program, allowing them to earn 50% of the revenue generated from the use of their home by visitors to their homes. they want it. The property also includes private meals in the main lodge, special member events, and access to member-only amenities and activities. Buyers save no expense as a reserve membership is a prerequisite to purchasing a home on the reserve, with fees starting at $ 400,000.