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Lakewood

Lakewood

$392,278 Average Value
$279 Average Price per Sq Ft
4 Homes For Sale

Rhode Island crossroads

Lakewood, located in Warwick, is a quiet residential community surrounded by activity. With its proximity to multiple waterways, this neighborhood provides a unique blend of waterfront allure and residential tranquility without being separated from modern amenities. “Lakewood is a quiet neighborhood in a convenient location,” says Realtor Rachel McNally with Century 21 Shoreline Properties. “You have access to downtown Providence, highways and the airport without feeling like you’re in the thick of it.”
Take in the beautiful water views of Gaspee Point near Lakewood.
Take in the beautiful water views of Gaspee Point near Lakewood.
Walk along the river and take in the beautiful estates near Lakewood.
Walk along the river and take in the beautiful estates near Lakewood.
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Old-world colonial charm

Most homes in Lakewood are small – bungalows or ranch-style properties – with modest yards on streets without sidewalks. There are also two-story homes with colonial influences in the neighborhood. Most properties fall in the $300,000 to $400,000 range and were built between 1940 and 1970. “The neighborhood has a lot of charm,” says McNally, who grew up near Lakewood. “There’s a mix of older and newer homes with parks and schools close by.”
Duplex homes are common sight in Lakewood.
Duplex homes are common sight in Lakewood.
Amazing river front homes sit just across the water from Lakewood.
Amazing river front homes sit just across the water from Lakewood.
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Date night in Pawtuxet Village

About 2 miles east of the neighborhood is Pawtuxet Village, nestled at the confluence of the Pawtuxet River and Narragansett Bay. Brick sidewalks wind through the village, leading to quaint shops, locally owned businesses and inviting cafes. The waterfront offers residents a place to stroll along the river.

Step into Elizabeth Portofino Tuscan Grille’s soft lighting and dine on Italian cuisine. The restaurant has been part of the community for 25 years. For dessert, head to Lakewood Ice Cream, a small white building with a gabled roof. Patrons can walk up to the window to order their treat and then eat it on one of the picnic tables outside. To cook at home, head to Shaw’s grocery store on Warwick Avenue and grab ingredients for dinner. Just up the street, there’s also a Stop & Shop. On the neighborhood’s southern boundary, along Post Road, there’s a Walmart. Surrounding the neighborhood in all directions, you can find various quick amenities, like Dunkin’ or McDonald’s.
Residents of Lakewood enjoy a day of shopping at the Pawtuxet Village Shoppes.
Residents of Lakewood enjoy a day of shopping at the Pawtuxet Village Shoppes.
Grab breakfast at Bagel Express and sit outside in the morning with friends in Lakewood.
Grab breakfast at Bagel Express and sit outside in the morning with friends in Lakewood.
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Revolutionary revelry on the Parkway

In the summer, the Pawtuxet Village hosts Gaspee Days, a series of events and festivals commemorating the burning of the British revenue schooner, HMS Gaspee, in 1772 – the first bloodshed of the American Revolution. The Gaspee Days Parade takes place on the second Saturday in June and locals gather along a two-mile stretch of Narragansett Parkway to watch fife and drums corps, fire trucks and decorated floats.
The Temple to Music in Roger Williams Park near Lakewood is a great backdrop for family photos.
The Temple to Music in Roger Williams Park near Lakewood is a great backdrop for family photos.
Pawtuxet Village is filled with history.
Pawtuxet Village is filled with history.
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Making a splash at local schools

Students are zoned for the Warwick Public School District and can attend Holiman Elementary School which Niche gives a C-plus rating and has a 17-to-1 student-teacher ratio, before moving to Warwick Veterans Junior High School, a C-plus rated school from Niche with a 12-to-1 student-teacher ratio. Then, they can finish their studies at Pilgrim High School, which Niche gives a B-minus and has an 11-to-1 student-teacher ratio.
Holliman Elementary School.
Holliman Elementary School.
Park View Middle School enrolls over 600 students ever year.
Park View Middle School enrolls over 600 students ever year.
Students will attend Pilgrim High School in Warwick.
Students will attend Pilgrim High School in Warwick.
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Weekend walks in the park

Along the Pawtuxet River, on the northern border of the neighborhood, is Belmont Park, which is walkable from some homes. There are two walking or biking trails here, one with a timber guard rail running alongside it that leads to residential streets and another through the woods, where the river is visible between trees in pocket vistas. Leashed dogs are allowed. There’s also a playground, where kids can run around and soccer and baseball fields where youth sporting events are occasionally held.

Roger Williams Park and Zoo is about 4 miles north of the neighborhood. The park itself spans 400 acres and features scenic landscapes, botanical gardens and a lake. Visitors to the zoo can enjoy a diverse array of animal exhibits, as well as walking trails, historic architecture and recreational areas within the larger park.
In Lakewood, you can enjoy a peaceful morning watching the ducks swim.
In Lakewood, you can enjoy a peaceful morning watching the ducks swim.
Take in the romance of Roger Williams Park just a few minutes from Lakewood.
Take in the romance of Roger Williams Park just a few minutes from Lakewood.
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The world beyond Warwick

“Warwick is like the central hub of Rhode Island,” says McNally. “You can get to anywhere in the state easily – or the world, with the airport being right there.” Along Jefferson Boulevard, buses lead to Newport, and along Elmwood Avenue, buses take locals 3 miles south to the Rhode Island TF Green International Airport. At the airport, there’s a commuter rail that leads into Providence. To get to Providence by car, travel Allens Avenue north for about 6 miles. U.S. Interstate 295 and U.S. Route 1 are just minutes from the neighborhood and will lead locals to other surrounding areas.
Adreanna DeMarino
Written By
Adreanna DeMarino
Alec Oswald
Photography Contributed By
Alec Oswald
GL Moses
Video By
GL Moses

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Yvonne Sousa, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Rhode Island Tf Green International

11 min drive

Bus

Warwick Ave Opposite Shaw's (On-Street)

Bus

1950 Elmwood

Bus

Post Opposite Rosewood

Bus

Elmwood Before Second

Bus

901 Post

Bus

Post Opposite Walmart

Bus

Warwick After Laura

Lakewood Demographics and Home Trends

Housing Trends

Median List Price
$559,000
Median Sale Price
$345,000
Median Single Family Sale Price
$559,000
Median Change From 1st List Price
9%
Last 12 months Home Sales
19
Median Home Sale Price YoY Change
40%
Average Price Per Sq Ft
$279

Neighborhood Facts

Number of Homes in Neighborhood
1,010
Number of Homes for Sale
4
Median Year Built
1950
Months of Supply
2.50
Average Single Family Home Size Sq Ft
1,333
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
2,121
Median Lot Size Sq Ft
7,405

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Yvonne Sousa, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,804
Median Age
43
Population Density
6 ppl/acre
Population under 18
20.3%
On par with the national average
23.8%
Population over 65
20.5%
On par with the national average
19.1%

Finances

Median Household Income
$86,448
Above the national average
$71,702
Average Household Income
$102,235

Education and Workforce

High School Graduates
90.4%
College Graduates
28.8%
Below the national average
34.1%
Advanced Degrees
11.7%
On par with the national average
13.3%
% Population in Labor Force
64.1%

Weather

Annual Precipitation
47''
Average Winter Low Temperature
22°F
Average Summer High Temperature
83°F
Annual Snowfall
44''

Area Factors

Somewhat Bikeable

Bike Score®

41 / 100

Car-Dependent

Walk Score®

20 / 100

Some Transit

Transit Score®

38 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lakewood
Yvonne Sousa
RISE REC
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