January, 2005 - Gustave J. S. White Real Estate, Who’s Who in Luxury Real Estate’s exclusive Regent’s member for the State of Rhode Island is please to announce the sale of “Broadlawns” located on Narragansett Bay in Newport, RI. This 15+ acre waterfront estate was listed in July of 2004 and closed on December 28, 2004 for the price of $10,000,000. With its 600+ feet of waterfrontage, deep water dock, stately residence and subdivision possibilities, “Broadlawns” was a very unique offering to the luxury buyer looking for real estate in the New England region.
This transaction represents the 2nd highest sale in Newport’s history followed only by the record sale of “Avalon”, an estate sale in which Gustave J. S. White also participated in. “Avalon” sold for $10,300,000 in October 2004. It is a 45+ acre site with spectacular ocean views of the Atlantic Ocean atop Newport’s famed Ocean Drive. An 8,000 sq. ft. main residence, outbuildings and subdivision possibilities were some of the qualities making this unique luxury property a record sale in Newport, RI.
Gustave J. S. White Real Estate, a Sotheby’s International Realty affiliate, has been a member of Who’s Who in Luxury Real Estate since 1989 and represents the State of Rhode Island as a Board of Regents member. Dedicated, professional and confidential – we are happy to assist in the needs of today’s luxury buyers and sellers in the Rhode Island area.
* Lila Delman Real Estate represented the buyer of this sale
To view this property please go to: www.luxuryrealestate.com/43680