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$550,000
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Property Description
Spacious 3-bedroom, 2.5-bath Colonial in a sought-after Westerly neighborhood just minutes from the beach! Offering just under 2,400 sq ft of living space, this home features a welcoming entry way a spacious living room and dining room and fireplaced family room. This home would be perfect for entertaining. The generously sized bedrooms are also a plus. The full walkout basement provides excellent potential for finishing, and the attached 2-car garage adds convenience and storage. While the home is in need of updates, it presents a wonderful opportunity to bring your vision to life in a fantastic coastal setting. Nestled in a community close to Westerly's beaches, shops, dining, and recreation, this property combines size, location, and potential ready for its next chapter!
Full Property Details
Full Property Details for 54 Sherwood Dr
General
- Price: $550,000
- Taxes: $4,204 (2025)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1396515
- Updated: 11/25/2025
- Added to Site: 107 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Attic, Stall Shower, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry
- Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Range Hood, Washer
- Flooring: Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 8
- Parking Features: Attached, Garage
Location
- County: Washington
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Oil
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Drywall, Clapboard
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Interior Entry, Partially Finished
- Stories/Levels: 2
- Building Size: 3744
- Square Feet: 3,744
- Living Area: 3,744 Sq. Ft.
- Finished Total: 3,744 Sq. Ft.
- Finished Above Grnd: 2,592 Sq. Ft.
- Finished Below Grnd: 1,152 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.77
- Lot Size (Sq. Ft.): 33,541
- Lot Size: 33541
- Lot Features: Wooded
Financial Considerations
- Tax Amount: $4,204
- Tax Year: 2025
Disclosures and Reports
- Property ID: 54SHERWOODDRWEST
- Lot Number: 15
Listed by Re/Max Bell Park
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Schools
Schools serving 54 Sherwood Dr
School District:Westerly School District
| Name | Grades | Distance |
|---|---|---|
Westerly High School 23 Ward Avenue, Westerly, RI 02891 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54 Sherwood Dr
Date
Details
Price
Change
Source
11/25/2025
Price Reduced
$550,000
-4.35%
MLS
10/20/2025
Price Reduced
$575,000
-11.52%
MLS
9/30/2025
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 54 Sherwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,204
-2%
$591,300
36%
2024
$4,276
2%
$435,900
—
2023
$4,193
1%
$435,900
—
2022
$4,167
2%
$435,900
23%
2021
$4,095
2%
$355,500
—
2020
$4,021
1%
$355,500
—
2019
$3,982
10%
$355,500
17%
2018
$3,616
2%
$304,400
—
2017
$3,528
-1%
$304,400
—
2016
$3,555
6%
$304,400
-2%
2015
$3,359
2%
$310,400
—
2014
$3,303
1%
$310,400
—
2013
$3,269
—
$310,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 54 Sherwood Dr
54 Sherwood Drive, Westerly, RI 02891 (MLS# 1396515) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 54 Sherwood Drive is currently listed for $550,000 and was received on September 30, 2025. Want to learn more about 54 Sherwood Drive? Do you have questions about finding other Single Family real estate for sale in Westerly? You can browse all Westerly real estate or contact a Coldwell Banker agent to request more information.

