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75 Elite Dr, Cranston, RI, 02921

3beds
3baths
3,240sqft
$1,174,900
$363price/sqft
$8,159/moest. monthly cost
$326,360/yrincome needed

About This Home

Welcome to this brand new construction modern farmhouse in Western Cranston, located on the last available lot in Sherwood Estates and set on 2.75 private acres, offering the opportunity to customize your next home. With 2,690 sq ft of thoughtfully designed living space, this home showcases an open-concept main level filled with natural light, creating a warm and inviting atmosphere perfect for both everyday living and entertaining. The kitchen is designed to be the heart of the home, featuring a walk-in pantry and seamless connection to the dining and living areas. A dedicated office provides a quiet and functional work-from-home space, while the mudroom adds convenience and organization for daily routines. A charming farmers porch enhances the home’s curb appeal and offers the perfect place to relax and unwind. Upstairs, you’ll find three generously sized bedrooms, including a private primary suite designed for comfort and relaxation. The home includes two full bathrooms and an additional half bath, thoughtfully designed with both style and functionality in mind. A massive bonus room on the second floor offers endless possibilities—ideal for a media room, playroom, home gym, or additional living space tailored to your needs. With quality craftsmanship, flexible living areas, and the ability to select your own finishes, this is a rare opportunity to create a personalized home in a desirable setting with space, privacy, and modern farmhouse appeal.

Getting Around

2
WalkingCar-Dependent
21
TransitMinimal Transit
14
BikeSomewhat Bikeable

Schools

6/10
Stone Hill SchoolGrades K-50.8 mi
5/10
9/10
Cranston High School WestGrades 9-121.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Unfinished

Bathroom

  • Level: First

Bathroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: High Ceilings
  • Level: First
  • Area: 195
  • Dimensions: 13

Features

  • Flooring: Other
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 550
  • Finished area above ground: 2,690

Great Room

  • Features: High Ceilings
  • Level: First
  • Area: 315
  • Dimensions: 21

Heating & Cooling

  • Heating features: Natural Gas,Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,690
  • Total interior livable area: 3,240 sqft

Kitchen

  • Features: High Ceilings
  • Level: First
  • Area: 195
  • Dimensions: 13

Master Bedroom

  • Features: Ceiling Height 7 to 9 ft
  • Level: Second
  • Area: 234
  • Dimensions: 18

Mud Room

  • Level: First

Office

  • Features: High Ceilings
  • Level: First
  • Area: 48
  • Dimensions: 6

Other

  • Level: Second
  • Area: 154
  • Dimensions: 14

Other

  • Features: High Ceilings
  • Level: Second
  • Area: 182
  • Dimensions: 13

Other

  • Level: Second

Recreation Room

  • Level: Second

Property

Details

  • Parcel number: 75ELITEDRCRAN

Features

  • Patio & porch: Deck

Lot

  • Lot size: 2.75 Acres

Parking

  • Total spaces: 6
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,940$71,280
Home Insurance *$395$4,740
Property Taxes $1,165$13,980
Electricity $659$7,918
Total$8,159$97,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$279,737/yr
40% on housing$244,770/yr
45% on housing$217,573/yr

Rhode Island FAIR Plan Programs

Rhode Island Joint Reinsurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 16,029Commercial: 109
Total Premiums$36.73M
Total Exposure$6.14B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$363This listing

vs Other Active Listings

Avg $/sqft

ZIP 02921$319
Providence County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 02921$275
Providence County$271

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Listed for sale$1,100,000

New Construction

AgentAlexandra Raia
BrokerageSmith and Oak Real Estate Co.

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