Newport, RI (March 29, 2021) – Gustave White Sotheby's International Realty is pleased to announce the sale of 115 Pelham Street for $4,550,000. The seller was represented by Chris West, Broker/Owner of Gustave White Sotheby's International Realty, and the buyer was represented by Annamarie Ringheim, Broker Associate of Mott & Chace Sotheby's International Realty.
A testament to the power of the Sotheby's International Realty brand, the two firms were able to come together in this sale. "Swinburne" is an elegant Greek Revival home once owned by 19th-century Rhode Island State Legislator and Mayor of Newport, William Swinburne. The property, c1860, has undergone exquisite renovations offering modern amenities. Located on a sought-after street in the picturesque Historic Hill neighborhood.
According to data available from the Rhode Island Statewide Multiple Listing Service, the sale of 115 Pelham Street is the second highest sale in Newport County this year. Gustave White Sotheby's International Realty also represented the sellers of the highest sale in Newport County thus far this year at $6.5 million.
The Sotheby's International Realty network puts global connections and targeted reach to work. "My clients were looking for a home with both historic charm and an in-town location with walkability," explains Annamarie Ringheim. "I knew 'Swinburne' would be a perfect fit. The new owners will be great stewards of this Newport classic moving forward."
Chris West adds, "We are proud to once again cooperate with Mott & Chace and reinforce the success of our robust network of Sotheby's International Realty agents in Rhode Island."
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] or visit https://www.gustavewhite.com for more information.
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.