5 Grandstand Dr, Lincoln, RI 02865

4 beds3.5 baths4,440 sqft

For Sale by Owner
$850,000
Zestimate®: $822,273
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My Notes

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New renovations to this home in 2011 have updated the Master Bedroom custom walk-in closet, backyard deck and front portico to provide a stately colonial look and appeal.
The home has brand new custom high end appliances in the kitchen and a new massive external gas powered back up generator has been installed to mitigate power outages in the neighborhood.
Each of the four bedrooms has huge walk-in closets and lots of room for a growing family or an in-law suite for established family units. This home has been lovingly cared for and treated with kid gloves throughout.
The unfinished basement is over 2,000 square feet with a small gym, wine cellar, and room for an entertainment center if desired. Energy efficient appliances and water heater were recently installed in 2011 and natural gas is used for the appliances, heating & cooling and washer and dryer, if desired.
New high end low noise garage doors have been installed with external key pad and customer landscaping accent the curb appeal of this home.
Neighborhood Description
Very well maintained and exclusive neighborhood. High end homes and immaculately kept lawns and community feel. 15 minutes from T.F. Green airport, 45 minutes from Newport, RI and the beaches, 10 minutes from Providence College, historic Federal Hill and downtown Providence, 15 minutes from I-295 and I-95.
 

What I love about the home

I love the huge rooms in every part of the house yet it maintains a very cozy and intimate feel. We often use the working fireplace in the family room in the winter and the electric fireplace in the Master Bedroom. The kids love the Jack & Jill bathrooms so that they have a private connection away from the parental units and the basement is great for my gym equipment and wine cellar. Because we are in a closed cul-de-sac or ("close") and the house sits on a corner lot there is a great deal of privacy from traffic and neighbors. Yet, the house is only 10 minutes from downtown Providence with its restaurants, Brown University, Providence College, 3 hours from New York City, and one hour from Boston. The train station is 10 minutes away whenever you want to travel while Newport and Narragansett Beaches are less than one hour away.
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Facts

  • Lot: 0.56 acres
  • Single Family
  • Built in 2001
  • Less than 1 day on Zillow
  • Views: 1,197 all time views
  • Cooling: Central
  • Heating: Forced air, Other
  • Last sold: May 2002 for $695,000
  • Price/sqft: $191

Features

  • Attic
  • Cable Ready
  • Ceiling Fan
  • Deck
  • Double Pane/Storm Windows
  • Fireplace
  • Flooring: Carpet, Hardwood
  • Garden
  • Jetted Tub
  • Parking: Garage - Attached, 3 spaces, 1100 sqft
  • Porch
  • Security System
  • Sprinkler System
  • Unfinished basement, 2300 sqft
  • Vaulted Ceiling
  • View: Park
  • Wet Bar

Additional Features

  • 2, 200 sq.ft. unfinished wine cellar and basement, large attic, automated back up 15kW gas generator

Appliances Included

  • Dishwasher
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Trash compactor
  • Washer

Room Types

  • Breakfast nook
  • Dining room
  • Family room
  • Laundry room
  • Library
  • Master bath
  • Mud room
  • Office
  • Pantry
  • Walk-in closet

Construction

  • Exterior material: Brick
  • Roof type: Asphalt
  • Room count: 11
  • Stories: 2
  • Structure type: Colonial
  • Unit count: 1

Other

  • Floor size: 4,440 sqft
  • Heating: Electric, Gas
  • Last remodel year: 2011
  • Laundry: In Unit
  • Parcel #: M:42 L:214.0 U:
  • Zillow Home ID: 66054107

Zestimate Details

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$822,273
+$9,640 Last 30 days
$724K
$970K
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$1,912/mo
-$80 Last 30 days
$1.5K
$3.4K
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Owner estimate:
Posted on 08/27/2012
$875,000 (based on comparative market analysis)
The homes in this neighborhood are exclusive and custom built properties. The average size of the homes is over 4,000 square feet without the basement which adds 2,000 sq/ft in my house. A recent home foreclosure due to death has distorted local prices.

Comparable Homes

Homes like this sold for $413-795K.

$360K
$850K

Popularity on Zillow

74 views since listing
1,197 all-time (chart)

Mortgages

Neighborhood

Market guide

Zillow predicts 02865 home values will decrease 2.3% next year, compared to a 2.3% fall for Lincoln as a whole. Among 02865 homes, this home is 258.8% more expensive than the midpoint (median) home, and is priced 31.7% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 02865, the number of foreclosures waiting to be sold is 14.1% lower than in Lincoln, and 30.5% lower than the national average. This lower local number could help 02865 home values rise more quickly than other regions in Lincoln.

Learn more about forecast calculations or 02865 home values.
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    Nearby Schools in Lincoln

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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