Red Stone Villa on North Broadway Hits Market for $8 Million

Photo of the 795 N Broadway property in Saratoga Springs via Roohan Realty.
SARATOGA SPRINGS — An historic property at 795 North Broadway, known as the Red Stone Villa or Redstone, has been listed by Roohan Realty for just shy of $8 million.
The Romanesque home, influenced by the Queen Anne style, is 9,000 square feet with 7 bedrooms, 9 full bathrooms, and 5 half-bathrooms set on 0.69 acres of land.
According to a 44-page report prepared by the Saratoga Springs Preservation Foundation in 2017, the Red Stone Villa was built in 1886 by well-known local architect S. Gifford Slocum for Eli Clinton Clark, a financier and owner of a successful lumber business. In 1908, Clark and his wife defaulted on a payment on a $16,000 mortgage. The home was ordered to be sold at public auction to cover the default. In 1911, it was purchased for $18,615 by a Ballston Spa resident. Two years later, Clark died “practically a poor man” in Galveston, Texas.
Subsequent residents and owners included:
• Frank Nolan, the son of two-term Albany Mayor and one-term U.S. Congressman Michael N. Nolan. Frank was, at one time, both president of the Albany-based Beverwyck Brewery and a prominent race horse owner. A Times Union article from 1917 described Frank as “one of the country’s best known turfmen.”
• Mollie Wilmot, a socialite and one-time neighbor to President John F. Kennedy who, according to a New York Times obituary, “rose to celebrity in 1984 when a tanker ran aground at her Palm Beach, Florida mansion.” Wilmot was a frequent Saratoga Race Course attendee who donated to the racing and dance museums in Saratoga Springs.
The Red Stone Villa was also featured in the Preservation Foundation’s 2025 Historic Homes Tour.






