NEWPORT, RI / August 1, 2015 - Gustave White Sotheby’s International Realty, a luxury real estate firm based in Newport, Rhode Island, announced the sale of 29 Brenton Road in Newport. The property sold for $2,150,000. Realtor Elena Wilcox, of Gustave White, represented the listing and had an offer within two weeks of the property going on the market. Re/MAX Professionals represented the buyer.

The 5,000-sf cottage sits on a private half-acre near the junction of Brenton and Beacon Hill Roads near the New York Yacht Club. The residence, built in 2002, offers first-floor guest quarters, second-floor family room, and master suite with a balcony, dressing room, marble bath, and laundry. There is also a third-floor bonus room with loft and decks on multiple levels. The grounds incorporate a pool, stone patios, and covered porches.

“This transaction, like many other high-end sales in our area of late, is a sign of confidence in the Southern New England market,” says Paul Leys, co-owner-broker of Gustave White Sotheby’s International Realty. “Rhode Island has seen 28 properties sold so far this year for over $2 million.”

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. For more information visit us at: http://www.sothebysrealty.com/eng