Highest Sale Year to Date in Portsmouth
PORTSMOUTH, RI (August 16, 2021) – Gustave White Sotheby’s International Realty announced the sale today of 391 Indian Avenue in Portsmouth, Rhode Island. The property sold for $3,800,000 and was represented by Ann Conner and Tina Wiley of Gustave White Sotheby’s International Realty. Peter Rotelli of Philip Ray Real Estate represented the buyer.
Sited on three acres overlooking the Sakonnet, the 4,623 sq. ft. residence offers privacy along the river's coastline with beautiful outcroppings, lush landscaping, and direct access to the water. The views look south and east to Little Compton and stretch to the Atlantic. The 3-bedroom,41⁄2 bath residence offers primarily one-level living and includes a geothermal heating system, whole-house generator, and an acoustically designed music room.
The sale of this property is the highest residential sale in Portsmouth and sixth highest on Aquidneck Island this year, according to Rhode Island Statewide MLS. Co-owner Paul Leys stated, “In the same period last year, there were no residential sales in Portsmouth over three million. Gustave White Sotheby's International Realty is also pleased to have represented the sellers in six of the eight top Aquidneck Island sales so far this year.”
