Single Family Residence at 32 Equestrian Way, Cranston
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$1,300,000

32 Equestrian Way
Cranston, RI 02921
Listed by Lorena Childress
Bedrooms
5
Bathrooms
5.5
Living area
4,000 sqft
Year built
1785

About this home

EXCEPTIONAL NEW VALUE IN WESTERN CRANSTON! Set on nearly 8 private acres at the end of a quiet cul-de-sac, this one-of-a-kind property combines historic character, extensive equestrian infrastructure, flexible living space and tremendous future potential. At its heart is the circa-1785 Jonathan Knight House, offering 3–4 bedrooms, 3 full baths, wide-plank floors, walk-in closets, a modern kitchen and 6 impressive stone fireplaces. The established equestrian facilities include an approximately 10,000 SF indoor arena with heated viewing area, 7-stall barn with tack room, office and hay loft, multiple paddocks and run-ins. An oversized detached garage includes additional finished living space above with 2 bedrooms, 2 full baths, laundry and vaulted ceilings plus an event/entertainment space on the first floor. This remarkable property offers an exciting opportunity for the buyer with vision to restore, improve and reimagine an estate that would be extraordinarily difficult to recreate today. With nearly 8 acres, substantial existing improvements and possible future subdivision or development potential, the possibilities are compelling. Significantly repositioned and now offered at $1,300,000. Property is being sold in its current condition. Buyers to perform their own due diligence regarding future use, subdivision, development and accessory living space.

Highlights

Fireplace

Property details

MLS #
1423800
Property type
Single Family Residence
Subdivision
Equestrian Estates/Western Cranston
Status
Active
Days on market
4
On market date
September 19, 2026
Stories
N/A
Total bathrooms
5.5
Garage spaces
5
Parking spaces
25
Lot size
7.875 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Orchard Farms El. School
1.29 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
462
Student:teacher ratio
15.9:1
District
Cranston
Middle
Hope Highlands Middle School
1.07 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
355
Student:teacher ratio
12.7:1
District
Cranston
High
Cranston High School West
2.85 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,684
Student:teacher ratio
16.0:1
District
Cranston

Walkability

Blended score for Cranston's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

22
Car-dependent
out of 100
EPA National Walkability Index
6.8 / 20 -- Below average walkable
Nearby-amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Cranston, from live MLS data.

On the market 4 days -- 30 fewer days than Cranston's current average of 34 days.
For reference, the median list price across 386 active listings in Cranston right now is $482,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,979/mo
$260,000 down
$1,040,000 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.