Sale of Newport's "Hilltop" on Ruggles Avenue

Newport, Rhode Island (May 26, 2021) – Gustave White Sotheby’s International Realty announced the sale of 97-105 Ruggles Avenue in Newport, Rhode Island. Designed by noted architect Richard Morris Hunt, the property sold for $3,075,000. The sellers were represented by Jose Aguon of Gustave White Sotheby’s International Realty. Annie Becker of Lila Delman Real Estate represented the buyers.

The childhood home of Newport artist Richard Grosvenor, ‘Hilltop’ is set on three private acres of historic specimen trees. The interior of the five-bedroom residence retains the feeling of a large baronial-lodge with luxurious wood features such as oak timber beams and joists with intricate basket-weave design, and a massive stone fireplace.

The sale of this property is one of ten above $3 million in Newport in the past six months. Gustave White Sotheby’s International Realty represented the sellers in five of these sales. There were only three sales in this price range during the same period in the previous year. Paul Leys, co-owner of Gustave White Sotheby’s International Realty, stated “Gustave White Sotheby’s International Realty is pleased once again to have represented sellers of a distinctive and architecturally significant Newport residence.”

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 Int’l Realty, may be reached at
401-848-6706 or at pleys@gustavewhite.com 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.