This monastery is located on the eastern bank of the Nan River, near Wat Phra Si Ratana Mahathat to the south.
This monasteries, assumed to be built when Phitsanulok City was ruled by somdet Phraboromtrai Lokkanat, have linking compounds.
The bot of Wat Ratchaburana shares a special fine form of the 3-head nagas decorated on their eaves.