Gustave White Sotheby's International Realty announces the listing of "Wildacre", an iconic Rhode Island waterfront real estate and an architectural masterpiece located on Newport's, famed Ocean Drive.
(prHWY.com) October 16, 2012 - Newport, RI -- Newport, Rhode Island (October 16, 2012) - Gustave White Sotheby's International Realty announces the listing of "Wildacre", an iconic
Rhode Island waterfront real estate and an architectural masterpiece located on Newport's, famed Ocean Drive.
Built in 1902 as a summer estate for Albert H. Olmsted, a Hartford based banker, "Wildacre" is a brilliant collaboration by Irving Gill, a San Diego based architect and renowned landscape architect Frederick Law Olmsted. An intriguing Shingle-style with Asian and Arts and Crafts elements, the dramatic massing of the house with its steep peaks and gables fits perfectly into this rugged Rhode Island waterfront property with granite outcroppings overlooking Price's Neck Cove and the Atlantic Ocean.
A famed
Newport waterfront property, "Wildacre" was purchased by the present owner in 1997. Since then the magnificent gardens and historic residence have been restored to perfection with modern amenities including a private dock. Based on original Olmsted blueprints and design, architect Madison Spencer "created a series of terraces secured by stone walls that bow at the neck of the cove in order to shield a new oceanfront infinity-edge pool which falls away to breathtaking views."
The recipient of numerous awards including: Rhode Island Historical Preservation & Heritage Commission Honor Award; Newport Historical Society Award; and the nomination in 2002 to the "Classicists 100," this stunning coastal Rhode Island property is listed on the National Register of Historic Places.
"We haven't seen Rhode Island waterfront property of this caliber offered on this coveted stretch of Newport's oceanfront in decades. We are delighted to present this phenomenal
Rhode Island real estate offering to the market," said Paul A. Leys, co-owner of Gustave White Sotheby's International Realty. This historic waterfront home is listed at $15,750,000.
About Gustave White Sotheby's International Realty & Waterfront Properties Rhode Island
Gustave White Sotheby's International Realty is a full-service agency specializing in
Rhode Island waterfront property and luxury real estate, including Block Island, southeast Connecticut and coastal Massachusetts. Gustave White has been in business for over 80 years as a leader in the luxury real estate market and is the sole 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, may be reached at 401-848-6706 or at pleys@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 services, entered into a long-term 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. For more details plz visit
http://www.gustavewhite.com/.
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