Newport’s “Swinburne” Sold by Gustave White Sotheby's International Realty

Posted by Lisa Babbitt — December 15, 2011

1323995423Newport, Rhode Island (November 30, 2011) Gustave White Sotheby’s International Realty has brokered the sale of “Swinburne”, located at 115 Pelham Street in Newport’s Historic Hill neighborhood. The property sold today for $2,775,000.

Realtor Jay Serzan was the selling agent and noted, “The buyer was attracted to the home’s quiet elegance and its convenient location close to downtown Newport and the harbor, Bellevue Avenue and Broadway”. He added, “This is an example of a quality property in good condition fetching an excellent price in a difficult market”.

“Swinburne” is sited on a half-acre lot with a 6,100 square foot main house and also offers guest quarters above a two car garage. The Greek Revival house was built in 1860 and sits across from Touro Park. It was the one time home of William Swinburne, a nineteenth century Mayor of Newport.

The property was originally priced at $3,590,000.

About Gustave White Sotheby’s International Realty

Gustave White Sotheby’s International Realty is a full-service agency specializing in 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 is the sole Sotheby’s affiliate for Rhode Island and 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.

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