NEWPORT, RI – Gustave White Sotheby’s International Realty is pleased to announce the sale of 'Land's End,' located at 42 Ledge Road in Newport, Rhode Island. The iconic property sold for $8.6 million. The listing was represented by Kendra Toppa of Lila Delman Real Estate and Gustave White Sotheby’s International Realty sales associate Kara Malkovich represented the buyers.
'Land's End' is an oceanfront estate on 5.6 acres on the southeastern point of Aquidneck Island. Designed by John Sturgis during Newport's Gilded Age, it is a classic example of understated elegance with modern upgrades. The eight-bedroom main residence is complemented by a three-bedroom carriage house, both with spectacular views. The property, once owned by the novelist Edith Wharton, was part of the estate of socialite Marion "Oatsie" Charles.
The sale of this iconic estate represents the third highest sale of a property in Rhode Island so far this year and the 15th highest sale in Newport historically.
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 pleys@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.