Gustave White Sotheby’s International Realty and Mott & Chace Sotheby’s International Realty Announce Significant Sale in Newport

Newport, RI (May 18, 2018) – Gustave White Sotheby’s International Realty is pleased to announce the sale of ‘Wyndham’ by Kate Kirby Greenman, located at 36 Beacon Hill Road for $4,400,000.  This represents a new chapter for the iconic Newport stone “cottage” and marks the second highest sale to date in the state, behind ‘Harbor Watch,’ which was, also represented by Gustave White, for $6,000,000 in April.  The buyers were represented by Michael J. Sweeney of Mott & Chace Sotheby’s International Realty.

The residence was built in 1890 for Rose A. Grosvenor of Providence and New York.  The estate has had a varied and interesting history.  Listing agent Kate Kirby Greenman loves a happy ending and is delighted to know that ‘Wyndham’ will be in good hands.  Located on one of the highest points in Newport – ‘Wyndham’ offers spectacular views of Newport’s stunning Ocean Drive coastline, the Atlantic Ocean, and points as far as Martha’s Vineyard. 

Paul Leys, co-owner of Gustave White Sotheby’s International Realty, stated, “The sale of this iconic property is one of eight at or above $4 million sold in Newport in the past two years, underscoring the value of investing in these landmark properties.”  “The Wyndham Estate bridges historic Newport life with the luxury needs of today’s clients. We are pleased with Michael and his work in this transaction,” remarks Judy Chace, Broker/Co-Owner of Mott & Chace Sotheby’s International Realty.

 

 

 

 

ABOUT GUSTAVE WHITE SOTHEBY’S INTERNATIONAL REALTY

Gustave White Sotheby’s International Realty is a full-service agency specializing in waterfront and luxury real estate and serving all of Rhode Island, including Block Island, as well as southeast Connecticut and coastal Massachusetts.  Gustave White has been in business for over 80 years as a leader in the luxury market and became Sotheby’s first affiliate in 1976.  Gustave White is also the Rhode Island Regent member of Who’s Who in Luxury Real Estate.  Paul A. Leys, Co-owner of Gustave White Sotheby’s International Realty, may be reached at 401-848-6706 or at pleys@gustavewhite.com for more information.

ABOUT MOTT & CHACE SOTHEBY’S INTERNATIONAL REALTY

With a combined history of success and a reputation for representing Rhode Island’s finest properties, Mott & Chace Sotheby’s International Realty was founded by Judy Chace and Ray Mott. The firm of over 130 agents have an established record of providing exceptional customer service to their national and international clientele with six offices in Rhode Island in Barrington, Charlestown, East Greenwich, Narragansett, Providence and Watch Hill.

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