5 Sparrow Lane, East Greenwich, RI, 02818 | $1,549,000

Private custom estate home nestled on a 4-acre cul-de-sac lot in the highly sought-after 'Estates at High Hawk. ' This Malm built home blends contemporary flair with a flexible & open floorplan. With 5 beds, 5 full, & 2 half baths, this home offers ample space for comfortable living. Step inside to soaring vaulted ceilings with an abundance of natural light streaming through the floor-to-ceiling windows. The main level boasts a sunroom, a butler's pantry, and a luxurious primary suite with an adjacent office and a private coffee terrace. Outdoor enthusiasts will love the captivating stone accents, multiple entertaining areas, including bluestone and paver patios, fire pit, built-in gas grill, & a heated inground pool with a pool house bar, kitchen, and bath. The meticulously maintained garden areas provide a peaceful oasis, ensuring total privacy. The finished walkout basement offers endless possibilities, including an in-law suite with a full bath and a convenient kitchenette/wet bar, and an additional 1200 sq. ft. of ready-to-use space. The second-floor features 4 bed & 3 baths, with potential for expansion into the unfinished attic area.
Notable upgrades include a new roof, a cutting-edge high-tech Tesla solar system that provides 100% of the home's energy needs while generating additional income by selling back to the grid. Other updates include a new 200-amp service, bluestone front walkway, fresh paint, new appliances, updated carpets, and newer lighting fixtures.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Shopping,Tennis Court(s)
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 5 full / 2 half
  • Style: Contemporary,Colonial
  • Year Built: 1997
  • Garage: 3-car Attached,Garage,Garage Door Opener
  • Heating: Forced Air,Gas
  • Cooling: Central Air
  • Basement: Exterior Entry,Full,Interior Entry,Partially Finished
  • Approx Sq. Feet: 7,207
  • Acreage: 4.31
  • Est. Taxes: $22,050
  • Lot Desc: Cul-De-Sac,Sprinkler System,Wooded
  • View: Water
  • Appliances: Dryer,Dishwasher,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Trash Compactor,Water Heater,Washer
  • MLS#: 1367291
  • Website: https://www.raveis.com
    /eprop/1367291/5sparrowlane_eastgreenwich_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by BHHS Commonwealth Real Estate   Phone: 401-886-6100

William Raveis Family of Services

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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5 Sparrow Lane, East Greenwich, RI, 02818

$1,549,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,239,200 $1,239,200 $1,239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $1,838 $1,838 $1,838
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,036 $7,630 $10,290
Total Monthly Payment $8,999 $9,593 $12,253

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.