East Greenwich, Rhode Island: A Desirable Place to Call Home

Wednesday, May 19, 2010

 
The recent story on GoLocalProv.com about Rhode Island’s top high school, East Greenwich High School, is likely to have many parents taking a closer look at homes in East Greenwich. There are currently 142 single family homes, 42 condos and 6 multi-families on the market in the 16 square miles that make up this quaint town. Four elementary schools, one middle school and a stellar high school make East Greenwich a desirable place to live in the Ocean State.
 
 
The National Association of Realtors currently lists the median home price in East Greenwich as $399,000 with the average home price at $484,622. However, there is a wide price range above and below the median figure.
 
If money is no object, $2,200,000 will find you living the life of luxury in a completely redesigned private estate on 3+ acres. This home is 10,874 sq. ft. with 16 ft. coffered ceilings, a Viking and Subzero gourmet kitchen, gorgeous stonework, gunite pool and 5 garages. Estimated real estate taxes: $31,255. (MLS: 963267)
 
For the more budget conscious, $224,900 will buy you a charming, 888 sq ft,  2 bed Cape on a corner lot. This historic home was built in 1850 and has stainless steel appliances, new heating, windows and refinished hardwoods. It's a quick walk to restaurants, shops and marinas. Estimated Real Estate Taxes: $3,484. (MLS: 950933)
 

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