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RPL’s Kristin Parella Closes Multimillion-Dollar Multi-Family Home Sale in Newport

Residential Properties Ltd. is excited to announce the sale of 115 Wellington Avenue in Newport for $2,000,500. RPL Broker Associate Kristin Parella of our Newport office represented the buyer as the buyer’s agent in this transaction.

Poised to enjoy unobstructed views of Newport Harbor and King Park, this historic Multi-Family home was recently renovated to be a quintessential coastal home. Large windows, French doors, balconies, and hardwood floors throughout bring the beautiful coastal views inside.  Currently configured as a two-family residence, the larger unit occupies the upper two floors with an open-concept kitchen/living space and two ensuite bedrooms. The first level accommodates guests with ease. The multiple decks, including a rooftop deck with panoramic views, are the perfect perch to enjoy the yachting activities across the street. A lovely fenced yard and a detached two-car garage complete the property. Located steps away from the New York Yacht Club, restaurants, and shops, the property has everything in place for idyllic Newport living. 

Kristin Parella, Broker Associate at RPL, has advised clients throughout Rhode Island's Luxury Markets since 2011, providing distinguished, bespoke service to Newport, Bristol, and Washington Counties.

“A property like this usually stays in the family,” Kristin said. “In this highly competitive buying pool, I created a strategy that resulted in winning the bid for my buyer. After years of looking, my buyer is beyond thrilled!”  

“I would not have this perfect house without Kristin’s patience, perseverance, and knowledge of the Newport market,” the buyer noted. “I am so happy to have had the opportunity to work with her, as I felt I was her only client!”   

To learn more about Kristin and her listings, please visit NewportBespoke.com.

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