“Wildacre,” Shingle Style Ocean Drive Estate, Sells for $14 Million

Newport, RI, September 14, 2013 --(PR.com)-- Gustave White Sotheby’s International Realty today announced the sale of “Wildacre” at 310 Ocean Avenue in Newport, Rhode Island. This iconic landmark property overlooking Price’s Neck Cove sold for $14,000,000. Sales associate Michelle Kirby of Gustave White Sotheby’s International Realty represented the seller, who executed a meticulous restoration of the property in 1998. This restoration garnered many awards including a “Historic Preservation Award” from the Rhode Island Historical Preservation & Heritage Commission. The buyer, Ocean 310, LLC, has chosen to remain anonymous and was represented by Sales Associate David Huberman, also of Gustave White Sotheby’s International Realty. The Newport-based firm also handled the sale of two recent significant Newport estates; “Clarendon Court,” and “Hopedene.”

“Wildacre,” built in 1902, was a collaboration by architect Irving Gill and Frederick Law Olmsted’s Landscape firm. Nestled into its rugged and private oceanfront site, it is considered Shingle-style in nature with both Arts & Crafts and Asian influences. Amenities include an infinity-edge pool overlooking the cove with pool house and grill/kitchen area, private dock, greenhouse and guest house.

Paul A. Leys, co-owner of Gustave White Sotheby’s International Realty states “This sale, along with the last several multi-million dollar transactions that have occurred in the past year, continue to highlight Newport and all of coastal Rhode Island as a true destination for the discriminating buyer looking for waterfront amenities, privacy, and the high quality of living that Newport and Rhode Island offers.”

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 is a 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 International Realty, may be reached at 401-848-6706 or at pleys@gustavewhite.com for more information (http://www.gustavewhite.com/).
Gustave White Sotheby’s International Realty
Lisa Babbitt