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Mmm, Mmm Good: Campbell’s Soup Heiress Lists Estate

Erika Riggs
October 3, 2012

It’s the house that chicken noodle soup built, and it’s for sale for $15.75 million.

The waterfront Newport, RI estate is owned by Dorrance Hamilton, the granddaughter of John T. Dorrance, the inventor of the condensed soup process. Worth an estimated $1.1 billion, Hamilton still holds significant shares in Campbell’s Soup.

Hamilton purchased “Wildacre” in 1997 and spent summers there. The home was built in 1902 through a collaboration between San Diego architect Irving Gill and landscape architect Frederick Law Olmsted. Hamilton restored the home and gardens, using original blueprints from Olmsted’s plans.

The historic property sits on 2 acres in coveted “Prices Neck Cove.” Hamilton added an infinity-edge pool, private dock, guest house and greenhouse to the property.

The house itself is 8,180 square feet and has 7 bedrooms and 6.5 baths. Most of the house has original hardwoods, beamed ceilings and views of the ocean.

Real estate agent Michelle Kirby of Gustave White Sotheby’s International Realty has the listing.

According to current mortgage rates, a monthly payment on the estate would be $54,546, assuming a 20 percent down payment on a 30-year mortgage.