NEWPORT COUNTY, RI, August 2015 – Gustave White Sotheby’s International Realty announced the sale of the historic ‘Stonybrook Carriage House’ at 502 Indian Avenue in Middletown, Rhode Island for $3,575,000. The transaction represents the highest sale this year in Middletown.

This historic gem designed by Horace Trumbauer, made of stone and slate with bluestone terraces on two beautifully manicured acres, offers panoramic views of Indian Hill. The property included a custom pool, spa, pool house, and two elegant guest houses.

Don Desrosiers of Gustave White Sotheby’s International Realty represented the seller and Eddie Cushing of Re/MAX Professionals of Newport brought the buyer.

“Over the past 12 months, Newport Rhode Island real estate has seen 31 sales over a two million dollars,” commented co-owner Paul Leys. “The sale of this Indian Avenue property provides evidence that the luxury market, at least in resort locations such as Newport RI, is still very active.”

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 Int’l Realty, may be reached at 401-848-6706 or at [email protected] for more information (http://www.gustavewhite.com/).

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational, and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744.