Set in one of Warwick’s most desirable coastal pockets, this 3-bedroom home offers a unique chance to secure location, space, and long-term upside in a single purchase. Just a short walk to the water, the property delivers the lifestyle buyers are chasing—coastal living, neighborhood charm, and room to grow. Inside, you’ll find a flexible layout with three bedrooms, three bathrooms (including one full), and a finished basement that adds valuable bonus space for a home office, gym, or additional living area. The home is solid and functional, offering the next owner an opportunity to update and customize to their own style over time. What truly sets this property apart is the additional lot—opening the door to endless possibilities. (Buyer to perform due diligence). Whether you’re looking to build equity, invest in a prime location, or create your ideal coastal home, this is a rare opportunity to get into the highly sought-after Gaspee neighborhood with built-in upside. Bring your vision and make it your own. Subject to seller finding suitable housing. Estate sale. Being sold as is
For sale
$460,000
21 Madison St, Warwick, RI 02888
3beds
2,000sqft
Single Family Residence
Built in 1915
7,200 Square Feet Lot
$459,300 Zestimate®
$230/sqft
$-- HOA
What's special
- 34 days
- 1,182
- 33
Zillow last checked:
Listing updated:
Listed by:
William Rubeira 401-391-0444,
Engel & Volkers Oceanside
Source: StateWide MLS RI,MLS#: 1422172
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Natural Gas, Baseboard, Forced Water
Cooling
- None
Appliances
- Included: Gas Water Heater, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Wall (Wood), Stairs, Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Ceramic Tile, Carpet
- Basement: Full,Interior Entry,Partially Finished,Bath/Stubbed,Bedroom(s),Living Room,Media Room,Playroom,Workout Room
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,400
- Total interior livable area: 2,000 sqft
- Finished area above ground: 1,400
- Finished area below ground: 600
Property
Parking
- Total spaces: 5
- Parking features: Detached, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Fencing: Fenced
- Waterfront features: Walk to Salt Water, Walk To Water
Lot
- Size: 7,200 Square Feet
Details
- Parcel number: WARWM293B0807L0000
- Zoning: A7
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Dry Wall, Wood Wall(s), Clapboard
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Municipal
Community & HOA
Community
- Features: Near Public Transport, Commuter Bus, Golf, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping
HOA
- Has HOA: No
Location
- Region: Warwick
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $283,800
- Annual tax amount: $4,340
- Date on market: 9/1/2026
Estimated market value
$459,300
$436,000 - $482,000
$4,044/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $460,000-7.8%$230/sqft |
Source:  StateWide MLS RI #1422172 Report a problem | ||
| 4/25/2026 | Listing removed | $499,000$250/sqft |
Source:  Engel & Volkers #1408461 Report a problem | ||
| 3/27/2026 | Listed for sale | $499,000-13.2%$250/sqft |
Source: StateWide MLS RI #1408461 Report a problem | ||
| 12/29/2025 | Listing removed | $575,000$288/sqft |
Source: StateWide MLS RI #1396450 Report a problem | ||
| 9/30/2025 | Listed for sale | $575,000-4.2%$288/sqft |
Source: StateWide MLS RI #1396450 Report a problem | ||
| 9/22/2025 | Listing removed | $599,900$300/sqft |
Source: StateWide MLS RI #1393554 Report a problem | ||
| 8/26/2025 | Listed for sale | $599,900+108.7%$300/sqft |
Source: StateWide MLS RI #1393554 Report a problem | ||
| 6/30/2005 | Sold | $287,500+187.5%$144/sqft |
Source: Public Record Report a problem | ||
| 1/3/1995 | Sold | $100,000+122.2%$50/sqft |
Source: Public Record Report a problem | ||
| 4/22/1994 | Sold | $45,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,107 | $283,800 |
| 2024 | $4,107 +5.7% | $283,800 +3.7% |
| 2023 | $3,884 +4.5% | $273,700 +38% |
| 2022 | $3,716 | $198,400 |
| 2021 | $3,716 | $198,400 |
| 2020 | $3,716 | $198,400 |
| 2019 | $3,716 +18% | $198,400 +31% |
| 2018 | $3,149 +2.8% | $151,400 |
| 2017 | $3,064 | $151,400 |
| 2016 | $3,064 -12.3% | $151,400 -10% |
| 2015 | $3,492 +3.4% | $168,300 |
| 2014 | $3,376 +1.4% | $168,300 |
| 2013 | $3,331 | $168,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02888
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