Sale of Note in Jamestown, Rhode Island

Newport, Rhode Island – January 27, 2020 – Gustave White Sotheby’s International Realty is pleased to announce the sale of ‘Wotherspoon Cottage,’ located at 29 Decatur Avenue in Jamestown, Rhode Island. The property sold for $2,425,000, which, according to the Rhode Island Multiple Listing Service, represents one of five sales over $2 million recorded on Conanicut Island in the last six months and the first to sell in the new year. Jose Aguon of Gustave White Sotheby’s International Realty represented the sellers and Chandler Lyell, also of the same firm, represented the buyers.

Nestled in a private park-like setting, the 1890 Colonial Revival is surrounded by specimen trees, lush lawns and historic stone walls. The iconic shingled 3,411-sf residence was thoughtfully renovated while retaining an understated elegance and charm. Enclosed and covered porches and stone patio overlook Narragansett Bay East Passage.

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 International 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.