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Tag: Gustave White Sotheby’s International Realty

SHINING EXAMPLE: The shingle-style house known as Fowler’s Rocks in Jamestown, which includes a sweeping 6-acre yard on the east shoreline of the island, was the highest-priced house sale in Rhode Island in 2024 at $12.25 million. 
COURTESY COMPASS INC.

THE HIGH-END REVIVAL: Sales of luxury homes rebound to record level...

Rhode Island’s real estate market was a big double-edged sword in 2024, and it’s not clear if that’s ­going to change anytime soon. After a...

Waterfront home in Middletown sells for $5.3M

MIDDLETOWN – A 7,000-square-foot home overlooking Second Beach recently sold for $5.3 million, making it the most expensive home sale in town history, according...

Custom Newport home built in 2019 sells for $2.9M

NEWPORT – A 4,000-square-foot home constructed in 2019 recently sold for $2.9 million, according to public records. The 82 Rhode Island Ave. property, located in...

Cottage on Cobble Beach in Middletown sells for $3.5M

MIDDLETOWN – A waterfront estate known as the Cottage on Cobble Beach, with a 2,200-square-foot home built in 1991 and 0.2 acres of land,...
"THE PLAYHOUSE" at 294 Ocean Ave., Newport, was sold for $9.9 million. / COURTESY GUSTAVE WHITE SOTHEBY'S INTERNATIONAL REALTY

Newport’s ‘Playhouse’ on Ocean Avenue sold for $9.9M

NEWPORT – The historic 3,553-square-foot, two-floor “Playhouse” at 294 Ocean Ave. situated along Prices Neck Cove in the city was sold for $9.9 million,...
HIGH POINT: 
Sea View Villa on Easton's Point in Middletown, which had been in the Spiratos family since 1945, was the highest-priced house sale in Rhode Island for 2023 at $15 million. 
COURTESY GUSTAVE WHITE SOTHEBY'S INTERNATIONAL REALTY

Sales of luxury homes dampened by owners unwilling to let go

Supply and demand are equally important to support a thriving real estate market, but often they’re not equally balanced. That was the case in...
SHORT SUPPLY: Luxury homes 
have become 
more scarce on the market in recent years. Middletown’s Sea View Villa, pictured above, sold for $15 million in 2023, the top sale for the year. 
COURTESY GUSTAVE WHITE SOTHEBY’S INTERNATIONAL REALTY

Demand outstripping supply of high-end R.I. homes

The once-white-hot market for high-end homes in the Ocean State has cooled ever so slightly. But Realtors say that’s mostly because fewer owners are...

Historic Merritt House in Newport, built in 1850, sells for $2.6M

NEWPORT – A historic 2,500-square-foot home in Newport known as the Merritt House recently sold for $2.63 million, according to Residential Properties Ltd., which...

French-style BeechLion estate in Bristol sells for $1.65M

BRISTOL – The BeechLion estate that was reconstructed in 2014 at 180 Ferry Road in southern Bristol recently sold for $1.65 million, according to...

Waterfront home in Portsmouth sells for $6.1M

PORTSMOUTH – A home within a gated community at 284 Carnegie Harbor Drive was recently sold for $6.1 million, making it the second-most-expensive home...
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