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LILA DELMAN REAL ESTATE INTERNATIONAL ANNOUNCES $4.1-MILLION SALE IN MIDDLETOWN

Rhode Island Based Real Estate Company Announces Sale of the Middletown, RI, estate “Puddingstone” for $4,100,000.

Lila Delman Real Estate International, the source for luxury waterfront real estate, homes and rentals in the Rhode Island area since 1964, announces the recent sale of 677 Indian Ave., Middletown, RI, for $4,100,000.

This is the second highest sale in Middletown in the past 12 months following the March sale of 553 Tuckerman Ave., Middletown, for $6.5 million, which was also sold by Lila Delman Real Estate International, according to the Rhode Island Statewide Multiple Listing Service.

Lila Delman Real Estate associates Liz Marchi and Gladys Barbosa, Sales Associates, represented the seller and Susana Gustavson, Broker Associate, represented the buyer.

A serene New England shingle-style estate, nicknamed “Puddingstone,” this waterfront property is situated along Middletown’s exclusive Indian Avenue.
Built in 1996, this elegant oasis with beach access offers 5,200 sq. ft. of living space; four bedrooms; four and a half bathrooms; a first floor master suite; a waterfront veranda; a separate, one-bedroom guest apartment with kitchenette; a two-car garage; 209 feet of direct frontage onto the Sakonnet River; and a small, private pebbled beach.

Occupying more than two acres, Puddingstone also features towering trees; a winding drive; a lush circle of greenery and flowering shrubs; an overhanging porch; a richly textured, cobblestone entry piazza; latticework screening; and Brazilian cherry flooring.

Lila Delman Sales Associate Liz Marchi, who represented the seller, is an award-winning REALTOR® being named a “Five-Star Agent” in 2012. Marchi is also a member of the Newport County Board of Realtors, the Women’s Council of Realtors and the Real Estate Buyers Agents Council, where she is designated as an accredited buyer’s representative.

Lila Delman Sales Associate Gladys Barbosa, who also represented the seller, has served as a REALTOR® since 2004, following a 20-year career in public relations and marketing. A mother and yogi, Barbosa has lived on both the east and west coasts throughout her career.

Broker Associate Susana Gustavson is a graduate of the University of Rhode Island. Prior to joining Lila Delman Real Estate International in 2002, Gustavson served as director of marketing and visual merchandising for Laura Ashley, North America.

For more information or interviews, please contact Jeni Pardo de Zela, Marketing Director for Lila Delman Real Estate, at 401-848-2101, ext.121, or e-mail Jeni.PardodeZela@liladelman.com