The seven-figure price tag is the highest on record for a residential property in the city, according to Kerry Park, a senior vice president at the Rhode Island Association of Realtors, citing digital records dating back to 1988 available through the State-Wide Multiple Listing Service.

Notably, those records do not include private, off-market sales, according to Park.

Reynolds, however, wasn’t exactly surprised the listing fetched such a substantial figure given the “potential that the property has,” she said.

“It’s in such an amazing site, and waterfront properties in Rhode Island are very, very rare to find where it’s dry [and] you’re not in a really challenging flood zone,” Reynolds said.

She added: “For what it offers, you couldn’t touch that in Newport or Portsmouth or Narragansett. It just would be unheard of.”

The 3,144-square-foot property last sold in 2019 for $605,000 and now has a total assessed value of $804,500, city records show.

Reynolds said the seller invested heavily in the home since then, to address “extensive structural work.”

The eye-catching sales price is far above most homes in East Providence, where the median household income is $71,736, according to 2020 US Census data.

The median sales price for residential properties in the city is approximately $417,000, according to Realtor.com.

But there are pockets of East Providence where homes have sold for more than $1 million this summer, Reynolds said.

“I think there are sections of East Providence that are fabulous for first-time buyers or for people looking to downsize,” she said. “But there’s also a lot of people from the East Side of Providence and from other communities [who] are finding that they can buy a tremendous house with lower taxes and at a better price than maybe some of what the other communities are able to offer.”

Across the Ocean State, the housing market remains tight: In June the median price of a single-family home hit $494,000, a new record, as sales dropped by more than 19 percent, the Rhode Island Association of Realtors reported last month.

The Riverside Drive residence has what Reynolds described as a unique layout: The primary house dates back to 1920 and boasts three bedrooms and 2.5 bathrooms, records available through the city’s assessor’s office show.

An attached “cottage” with a separate entrance was added sometime later and houses two bedrooms and a bathroom, Reynolds said. The residence includes access to a private beach and was listed as both a single-family and a multi-family home, though it has been used primarily as the former for the past two decades, Reynolds said.

Christopher Gavin can be reached at christopher.gavin@globe.com.

Minnesota Gov. Tim Walz speaks at a Biden-Harris campaign and DNC press conference on July 17, 2024 in Milwaukee, Wisconsin. The press conference was held to address Project 2025 and Republican policies on abortion. (Photo by Jim Vondruska/Getty Images)

Before he accepts his party’s official nomination in Chicago, Democratic vice presidential candidate Tim Walz may be stopping in Rhode Island for a major fundraiser.

The potential visit was first reported by WPRI-12, which said Walz is expected to appear in Newport on Friday, Aug. 16. Rhode Island Democratic Party Chairwoman Liz Beretta-Perik confirmed Wednesday “we are hoping to host the governor over the next few weeks.”

“However, we do not have a confirmed date or location,” she said in a text message. “Very exciting time.”

Vice President Kamala Harris selected Walz as her running mate Tuesday. Walz, a former Army National Guardsman and teacher, has served as Minnesota’s governor since 2019. 

Last August, Second Gentleman Douglas Emhoff visited Block Island for a fundraiser supporting the campaign of the-presidential candidate Joe Biden.

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So Driscoll, who was on jury duty Tuesday, agreed to provide a scouting report on Harris’s vice presidential pick.

”He’s your Midwestern uncle,” Driscoll said of Walz. “There is plainspokenness to him, but dedication. He has been the real deal for a long time.”Harris clearly saw Walz as an effective communicator, he said, noting Walz went viral after describing former President Donald Trump and his running mate, Senator JD Vance, as “weird.”

He said Harris must have been impressed with Walz’s “working family agenda,” which has included signing legislation to provide free school breakfasts and lunches to all students regardless of income, and legislation providing paid family and medical leave for Minnesotans.

Also, he said Harris must have seen Walz as a governing partner who has executive experience and is now chairman of the Democratic Governors Association.

Republicans have criticized Walz’s handling of the 2020 protests following the police killing of George Floyd. But Driscoll said, “The governor was operating under extraordinary conditions between the pandemic and civil unrest, and he provided calm and steady leadership.”

Some had expected Harris to choose a vice president from a swing state, such as Pennsylvania Governor Josh Shapiro. But Driscoll noted Obama picked Joe Biden although he represented Delaware, which is far from a swing state.

While Republicans are casting Walz as far left, Driscoll said the “authentic” and “avuncular” governor will help win over Midwestern voters while combatting attempts to paint the ticket as too liberal. He said Walz never seems more at home than when he’s taking part in the opening of the fishing and hunting seasons in Minnesota.

But Driscoll joked that Walz gives off a “different vibe” than former Rhode Island Governor Bruce Sundlun, who made headlines for shooting three racoons on his waterfront estate in Newport in 1993. “He is not going to be shooting raccoons on the front lawn of the governor’s mansion,” he said of Walz.

And that brings us back to the story of why Driscoll still uses the handle @short_pants on X (formerly Twitter).

In 2008, Driscoll was a field organizer for Obama’s Rhode Island campaign when an elderly man stopped by campaign headquarters as Driscoll was charging a woman $3 for an Obama bumper sticker. A man stepped forward, saying, “Do you know who I am?” Driscoll said, “Sorry, sir, I don’t.” “I’m Bruce Sundlun!” the man boomed. Driscoll jumped out of his seat. “Do you know why I’m here?” Sundlun asked. Driscoll said, “No, sir.” Sundlun told him, “I’m here to kick your (butt)!” Sundlun, who lived in Jamestown, said he’d counted 18 John McCain signs on Aquidneck Island and not a single Obama sign. Raymond J. Sullivan Jr., then the Obama campaign’s state director, said they didn’t have signs yet but he gave him Obama T-shirts and bumper stickers. “Are they free?” Sundlun asked. Sullivan said, “Of course, governor.””Well, (expletive) short pants here is hustling bumper stickers at $3 a pop,” Sundlun said, pointing at Driscoll, who was wearing shorts.

This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, links to interesting stories, and more. If you’d like to receive it via email Monday through Friday, you can sign up here.

Edward Fitzpatrick can be reached at edward.fitzpatrick@globe.com. Follow him @FitzProv.