See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

55 Pheasant Dr, East Greenwich, RI, 02818

4beds
5baths
4,000sqft
$2,950,000
$738price/sqft
$20,622/moest. monthly cost
$824,880/yrincome needed

About This Home

Unique opportunity in the desirable High Hawk Estates neighborhood. This 18 acre lot overlooking Mawney Brook could be yours. Home is to be custom designed per owner. Photos are an example; house can be customized to your preference. Walk-out basement availability.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

--
Frenchtown SchoolGrades K-21.3 mi
9/10
10/10

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

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

Bathroom

  • Level: First
  • Area: 176
  • Dimensions: 16

Bathroom

  • Level: Second
  • Area: 42
  • Dimensions: 6

Bathroom

  • Level: Second
  • Area: 42
  • Dimensions: 6

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 252
  • Dimensions: 18

Features

  • Insulation (Ceiling),Insulation (Floors),Insulation (Walls)
  • Flooring: Ceramic Tile,Hardwood,Other
  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,000

Heating & Cooling

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

Interior Area

  • Total structure area: 4,000
  • Total interior livable area: 4,000 sqft

Kitchen

  • Level: First
  • Area: 306
  • Dimensions: 18

Laundry

  • Level: First
  • Area: 63
  • Dimensions: 9

Living Room

  • Level: First
  • Area: 324
  • Dimensions: 18

Master Bedroom

  • Level: First
  • Area: 240
  • Dimensions: 15

Other

  • Level: Second
  • Area: 240
  • Dimensions: 15

Other

  • Level: Second
  • Area: 240
  • Dimensions: 15

Other

  • Level: Second
  • Area: 240
  • Dimensions: 15

Property

Details

  • Parcel number: EGREM040B015L478U0000

Lot

  • Lot size: 18 Acres

Parking

  • Total spaces: 6
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $14,916$178,992
Home Insurance *$1,081$12,972
Property Taxes $3,811$45,732
Electricity $814$9,775
Total$20,622$247,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$707,040/yr
40% on housing$618,660/yr
45% on housing$549,920/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

$738This listing

vs Other Active Listings

Avg $/sqft

ZIP 02818$351
Kent County$249

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
2026-06-03Listed for sale$2,950,000
2014-05-10Listing removed$775,000
2013-11-04Price change$775,000
2013-05-11Listed for sale$895,000

New Construction

AgentDavid White
BrokerageOwnerEntry.com

Similar Homes