$3,000,000
0 Ian Street
Coventry, RI 02816
About This Home
Rare large-scale residential development opportunity offering approximately 80 acres in Coventry. Seller-commissioned engineering due diligence provides a substantial head start, including conceptual subdivision layouts, zoning and utility review, infrastructure considerations, and multiple development scenarios. Engineering depicts a conventional 51-lot single-family subdivision utilizing private wells and individual septic systems, with a second conceptual plan showing approximately 93 residential lots if adequate public water capacity can be established. The property is located in the R-20 Residential District and may offer additional possibilities for condominium, cluster, or affordable-housing development. Public water infrastructure is located at/near the property; public sewer is located 2200 feet away on Tioque Ave. Buyer responsible for all remaining due diligence, including wetlands delineation, soils and septic evaluations, utility-capacity analysis, permitting, and municipal and state approvals. A unique opportunity to acquire one of Coventry’s larger residential development sites with significant scale, flexibility, and multiple potential paths to development. Best access to the property is from Homestead Drive.
Property Details
Listing Information
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MLS # 1422239