NEWPORT, RI – April 1, 2021 – Lila Delman Compass is pleased to announce the recent sale of 357 Gibbs Avenue in Newport for $2,500,000. Alex Thursby, Lila Delman Compass Sales Associate, represented the buyer. This transaction marks one of Newport’s top ten sales year-to-date.*
In 2020, Alex Thursby ranked among the top five Sales Associates in Lila Delman Compass’ Newport Office, based on sold dollar volume. As the first quarter of 2021 comes to an end, Lila Delman Compass continues to lead the Newport real estate market with the highest recorded total sales volume, according to data maintained by the Rhode Island Statewide MLS.*
“I cannot be more excited that I was able to assist this young family in finding the perfect home. After 5 months of searching in a tight market, they stumbled upon 357 Gibbs Avenue,” commented Alex Thursby. “The house was everything that they were looking for and more, and the transaction moved along smoothly. It’s always gratifying to see things work out well for all parties, especially given the climate of the current real estate market.”
This stately brick Colonial, perched upon a private lot with views of the reservoir and Easton Bay, underwent a masterfully designed renovation. The light-filled open concept first floor includes a spacious living & dining room, a den with a gas fireplace, and a top-of-the-line chef’s kitchen. Outside, a bluestone terrace and an in-ground heated pool offer the ultimate entertaining space in the summer months.
*2020 sales volume metrics include MLS & non-MLS transactions in RI, CT & MA across all categories. This representation is based on information from the RI Statewide MLS for the period of January 1, 2020 – April 1, 2021. Neither Lila Delman Compass nor the MLS guarantees or are responsible for the accuracy of the data provided to them. Data maintained by the MLS may not reflect all real estate activity in the market.