$478,530Average Value$324Average Price per Sq Ft13Homes For Sale
Palace Garden is a growing community on the Providence River
Located along the Providence River is Palace Garden, a Warwick neighborhood fit for royalty. This waterfront community started as a summer retreat, growing into a year-round neighborhood where residents get together for holidays like the Fourth of July. Colonials, early 1900s bungalows and three-decker houses sit on grassy lots right next to each other, steps away from the river. Waterfront houses have boat docks and wooden pathways, allowing neighbors to walk or paddle to Pawtuxet Village, a neighborhood with a Nantucket feel. The Warwick waterfront is one of the main reasons people find it attractive, says Janet Audet, a sales associate with Coldwell Banker Realty who has been selling real estate in Rhode Island since the 1980s. “You can walk to the waterfront, and we have so many beaches,” says Audet. “It’s really coming up and a lot of people are buying here now.”
A range of housing, including the Gaspee Point community
Palace Garden includes Gaspee Point, an enclosed homeowners' association neighborhood. Most Gaspee Point residents live there year-round, but others pop in for just the warmer months. Homes in Gaspee are on leased land, and potential buyers need association approval. Waterfront cottages cost $270,000, while contemporary homes can go for $550,000. In the rest of Palace Garden, early 1900s colonials go for about $530,000, ranch-style houses cost about $370,000, multifamily properties can go for $590,000 and bungalows can cost $360,000. “Prices range anywhere from $350,000 to $1 million, depending on where it is,” says Audet.
Waterfront shopping and dining in Pawtuxet Village
Palace Garden is next to Pawtuxet Village, an idyllic waterfront village with trendy eateries, quirky small businesses and seaside New England cottages. Pawtuxet is known for its annual Gaspee Days celebration commemorating the 1772 burning of a British ship that was partly responsible for sparking the American Revolution. Gaspee Days takes place over the course of a weekend every June and includes a parade, a foot race, concerts and a re-enactment of the burning of the Gaspee. Throughout the rest of the year, Pawtuxet Village delivers with its natural beauty and dining options, including Italian restaurant Basta, where you can enjoy pasta and wood-fired pizza underneath high trattoria ceilings. Supermarkets like Shaw’s and Stop & Shop are right outside the neighborhood, and so is Dave’s Fresh Marketplace, a local chain known for its wide selection and homemade prepared foods. Pick up all the necessities at Family Dollar and Walmart, which are 2 miles away.
Green spaces, parks and marinas on the riverbanks
Located along the Providence River, in the heart of Palace Garden, is Salter Grove Memorial Park, a quiet, waterfront green space perfect for peaceful moments. Rocky riverfront pathways, lush, open grassy patches and benches are some of the hallmarks of this waterside park. Kids will love playing on the playground, and grown-ups will appreciate the peace that comes with watching ducks and swans. Boaters will love Pawtuxet Cove Marina, where they can use seasonal slips and winter storage for their water vessels.
Warwick Public Schools serve the community
Kids in Palace Garden can attend the Warwick Public Schools. The district has a C-plus rating from Niche. E.T. Wyman Elementary School, rated C-plus, is the closest primary school to the neighborhood, followed by Veterans Middle School, also rated C-plus, and Pilgrim High School, rated B-minus. Pilgrim is known for its strong sports teams and extracurricular activities like the Pilgrim Players Drama Club.
Highway access, less than 10 miles from Downtown Providence
Palace Garden is situated along Route 1, Interstate 95, and near Interstate 295. Downtown Providence is 7 miles north and Boston is 58 miles away. With its river views and easy access to Pawtuxet Village, Palace Garden has lots going for it.
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Palace Garden Demographics and Home Trends
On average, homes in Palace Garden, Warwick sell after 25 days on the market compared to the national average of 53 days. The median sale price for homes in Palace Garden, Warwick over the last 12 months is $450,500, up 6% from the median home sale price over the previous 12 months.
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Own Your Dream Home with Zero Money Down! Unlock the door to your future with an exclusive offer: Purchase this home and receive $6,250 back in closing cost credits OR $2,889 per month at an exceptional financing rate of 5.66% APR with ZERO down payment available for those who qualify. Your Private Oasis Awaits This stunning home has been thoughtfully updated from top to bottom! Enjoy peace of
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