INNOVATE Real Estate
Unimproved Land at 0 Ian Street, Coventry
Unimproved Land at 0 Ian Street, Coventry, photo 2 of 5
Unimproved Land at 0 Ian Street, Coventry, photo 3 of 5
Unimproved Land at 0 Ian Street, Coventry, photo 4 of 5
Unimproved Land at 0 Ian Street, Coventry, photo 5 of 5
5 photos

$3,000,000

0 Ian Street
Coventry, RI 02816
Listed by Paul Zarrella
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare large-scale residential development opportunity offering 76+ 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

MLS #
1422239
Property type
Unimproved Land
Subdivision
Tiogue
Status
Active
Days on market
21
On market date
September 11, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
76.373 acres

Location

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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
Hopkins Hill School
1.1 mi away · Grades 0-5
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
347
Student:teacher ratio
11.6:1
District
Coventry
Middle
Alan Shawn Feinstein MS of Cov
1.01 mi away · Grades 6-8
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
981
Student:teacher ratio
11.3:1
District
Coventry
High
Coventry High School
0.89 mi away · Grades 9-12
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
1,384
Student:teacher ratio
12.5:1
District
Coventry

Walkability

Blended score for Coventry'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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

49
Somewhat walkable
out of 100
EPA National Walkability Index
9.8 / 20 -- Below average walkable

Market position

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

On the market 21 days -- 30 fewer days than Coventry's current average of 51 days.
For reference, the median list price across 239 active listings in Coventry right now is $499,900.

Mortgage calculator

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

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Est. monthly payment
$18,216/mo
$600,000 down
$2,400,000 loan
Principal & interest$15,566
Property tax (est.)$2,500
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated 2 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.