Record sale of stunning sakonnet river renovation
Added: (Sun Oct 15 2023)
Pressbox (Press Release) -
Portsmouth, RI – Gustave White Sotheby's International Realty is proud to announce the sale of 179 Indian Avenue in Portsmouth, Rhode Island. The off-market waterfront 1.92 acre property, boasting 200 feet of Sakonnet River frontage and deeded beach access, sold today for $8,550,000. The sellers were represented by the high-producing team of Dina Karousos and Nicki Lucenti of Gustave White Sotheby's International Realty. Lila Delman Compass brought the buyer.
The sellers, inspired by the incredible location along the Sakonnet, embarked on a substantial renovation to reimagine the space: a small ranch, once hidden in shadows, now stands as an model of design excellence and functionality, adding light and volume with walls of windows to living spaces while taking full advantage of breathtaking riverfront views. The project, led by Cote Architecture of Bristol, was brought to life with the expertise of Behan Bros, Taste Artful Interiors and Design, Verde Design, Jutras Woodworking, Delta Millworks, and Camera O'Neill Consulting Engineers. The resulting masterpiece showcases an ingenious blend of form and function, seamlessly merging modern design with New England's architectural heritage.
"The sale of this exquisite collaborative renovation represents Portsmouth's highest residential sale, and the second highest on Indian Avenue, which crosses into Middletown," stated Gustave Whit Sotheby's co-owner, Paul Leys. "We're sure the new owners will enjoy this Sakonnet River-phoenix."
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 90 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 or visit https://www.sothebysrealty.com/gustavewhitesir/eng/ for more information