Ian Street, Coventry, RI 02816

Property Description

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.