Highest Sale on Record in the Kay/Catherine Neighborhood of Newport - $5.7 Million  

Highest Sale on Record in the Kay/Catherine Neighborhood of Newport - $5.7 Million  

Mott & Chace Sotheby’s International Realty announces on Monday the sale of 381 Gibbs Avenue, Newport, for $5,700,000.

According to data from the Multiple Listing Service, this is the highest sale on record in the Kay/Catherine neighborhood of Newport, and the third highest overall in the town for 2026.

DESCRIPTION:

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Masterfully built in 2009 by renowned builder Mark Horan, this 5,500-square-foot shingle-style home embodies the exceptional craftsmanship and understated elegance that define coastal New England living, complemented by bespoke interiors by Taste Design Inc. Privately set behind mature hedging, the property offers rare seclusion alongside sweeping water views, an increasingly scarce combination in today’s market. Thoughtfully designed with expansive living spaces, refined architectural detailing, and a seamless flow for both everyday living and elevated entertaining, the home stands as a lasting expression of quality and design integrity. The privacy, water exposure, and custom interiors are exceptionally rare in Newport. The sale speaks to the continued strength of the luxury market and the enduring appeal of thoughtfully built coastal properties.

The buyers were represented by Kylie McCollough and Jennifer Crellin, both Sales Associates with Mott & Chace Sotheby’s International Realty. The sellers were represented by Grace McCluskey of Gustave White Sotheby’s International Realty.

“We were proud to discreetly secure this exceptional off-market opportunity for our clients, a true legacy property, defined by timeless character and coveted water views,” said McCollough. “Located in the highly sought-after Kay/Catherine neighborhood, where opportunities to acquire a home of this caliber are increasingly rare, this transaction reflects the power of local relationships and strategic execution in accessing properties that never formally reach the market.”

 

 

“This sale represents everything that makes the Newport market so special, distinguished architecture, exceptional craftsmanship, and an incomparable coastal setting,” added Crellin. “We were thrilled to guide our buyers through the process and help them secure a truly one-of-a-kind home they will enjoy for years to come. Properties of this caliber are increasingly rare, and it was a privilege to represent buyers in the acquisition of such an exceptional coastal residence.”