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1340 Waterford Dr, East Greenwich, RI, 02818

4beds
3baths
3,534sqft
$1,099,000
$311price/sqft
$8,097/moest. monthly cost
$323,880/yrincome needed

About This Home

Welcome to 1340 Waterford Drive in the highly desirable Frenchtown area of East Greenwich. This beautifully maintained Colonial sits on a private corner lot with a cascading driveway, brick façade, and manicured grounds. The home features a formal living room with a wood-burning fireplace, an elegant dining room, and a spacious eat-in kitchen with a center island and scenic views of the private pond and large backyard. The first floor also includes a spacious study with built ins and a wood burning fireplace, laundry area, half bath, and a large family room with gas fireplace, dry bar, opening to a new composite Trex deck- perfect for entertaining and relaxing. Upstairs offers primary suite featuring a large sitting area/possible nursery, full bath, and walk-in closest. Rounding out the upstairs you will find Three generously sized bedrooms and ample closet space, a full bath, and access to a large attic offering excellent storage or future finishing potential. A secondary stairwell leads to a partially finished basement with ample storage area, home gym space, and utility room, with direct access to the backyard and pond. Additional Highlights include new paver front walkway, updated insulation, repaved driveway, new oil tank, and upgraded central air. This home has so much to offer! A must see!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

--
Frenchtown SchoolGrades K-21.9 mi
8/10
10/10

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick,Masonry,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Disposal,Range Hood,Oven/Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Partially Finished,Common,Storage Space,Workout Room

Bathroom

  • Level: Second

Bathroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Exercise Room

  • Level: Lower

Family Room

  • Level: First

Features

  • Cedar Closet(s),Dry Bar,Internal Expansion,Plumbing (Mixed),Insulation (Cap),Insulation (Ceiling),Insulation (Walls),Ceiling Fan(s)
  • Window features: Insulated Windows
  • Flooring: Ceramic Tile,Hardwood,Marble,Carpet
  • Number of fireplaces: 3
  • Fireplace features: Brick,Gas,Marble,Wood Burning
  • Fireplace: Yes
  • Attic: Attic Stairs, Attic Storage
  • Finished area below ground: 0
  • Finished area above ground: 3,534

Heating & Cooling

  • Heating features: Oil,Baseboard,Forced Water,Radiant
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,534
  • Total interior livable area: 3,534 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Office

  • Level: First

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: Second

Other

  • Level: First

Other

  • Level: First

Storage

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: EGREM025B015L084U0000

Features

  • Patio & porch: Deck,Patio
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Walk to Fresh Water,Walk To Water

Lot

  • Lot size: 3.40 Acres
  • Features: Corner Lot,Sprinklers,Wooded

Parking

  • Total spaces: 12
  • Parking features: Integral,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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

  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Rhode Island Counties

Flood
Severe Storm

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 $5,557$66,684
Home Insurance *$402$4,824
Property Taxes $1,419$17,028
Electricity $719$8,636
Total$8,097$97,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$277,611/yr
40% on housing$242,910/yr
45% on housing$215,920/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.7%
6.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 02818$361
Kent County$250

vs Homes Sold Last Month

Median $/sqft

ZIP 02818$278
Kent County$267

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
2026-04-28Listed for sale$1,175,000
2014-01-29Sold$437,500
2013-10-12Price change$459,900
2013-07-23Price change$499,900
2013-06-27Price change$549,000
2013-05-06Price change$574,900
2013-03-07Listed for sale$575,000
2011-09-03Listing removed$659,000
2011-05-02Price change$659,000
2010-10-23Listed for sale$733,000
2010-09-02Listing removed$835,000
2010-05-08Listed for sale$835,000

For Sale by Agent

AgentDenise Leonard
BrokerageBHHS Commonwealth Real Estate

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