Single Family Residence at 51 Terrace Avenue, Warwick
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$428,000

51 Terrace Avenue
Warwick, RI 02889
Listed by Wendy Bowen
Bedrooms
2
Bathrooms
1
Living area
1,859 sqft
Year built
1935

About this home

WOW! Water front living! Welcome to the desirable coastal community of Conimicut Beach, where everyday truly feels like a vacation getaway! Enjoy one level living, backyard salt water access, abundant wildlife, and easy beach access, all from this charming home situated on a rare double lot with room to relax, entertain, or possibly expand upon. Inside, you'll find numerous and thoughtful renovations throughout, including beautiful hardwood floors, a newly remodeled kitchen with all new appliances and farmhouse sink, freshly painted interior, 2 bedrooms, and 1 updated full bath. The unfinished walkout basement offers endless possibilities for additional living or office space, a workshop, and storage. Low-maintenance vinyl siding, a newer gas furnace, and a new hot water heater (2025), connected to sewers with no remaining assessment all provide added peace of mind. Located near scenic Conimicut Point Park with sandy beaches, picnic areas, and the ability to launch your boat! Rocky Point State Park is right around the corner. Just minutes from Rhode Island T.F. Green International Airport, with convenient access to Providence, approximately one hour to Boston, and about three hours to New York City, this home is perfect as a year-round residence or coastal retreat. Rare waterfront living at an affordable price!

Highlights

Waterfront

Property details

MLS #
1423787
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
12
On market date
September 21, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
4
Lot size
0.25 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Sherman 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
307
Student:teacher ratio
16.2:1
District
Warwick
Middle
Warwick Veterans Middle School
2.07 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
1,160
Student:teacher ratio
12.3:1
District
Warwick
High
Pilgrim High School
2.99 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,176
Student:teacher ratio
10.9:1
District
Warwick

Walkability

Blended score for Warwick's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

44
Somewhat walkable
out of 100
EPA National Walkability Index
11.0 / 20 -- Above average walkable
Google Places amenity density
28 / 100
Restaurants & cafes1
Grocery stores0
Parks3
Schools0
Transit stops14
Pharmacies0

Market position

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

On the market 12 days -- 30 fewer days than Warwick's current average of 42 days.
For reference, the median list price across 524 active listings in Warwick right now is $434,900.

Mortgage calculator

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

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Est. monthly payment
$2,727/mo
$85,600 down
$342,400 loan
Principal & interest$2,221
Property tax (est.)$357
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 5 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.