Skip to main contentSkip to navigation
1 / 1
Image
Map
Street

Land for Sale in Coventry, Rhode Island

New London Tpke, Coventry, RI 02816

$4,250,000
51.4 acres
Active
Est $33,931/mo

Shovel ready! Incredible opportunity for investors and developers to acquire a large, development-ready parcel of vacant land in Coventry, RI. This expansive property offers exceptional potential and includes preliminary approvals for up to 75 residential units, making it ideal for a multi-unit or large-scale residential development. Final approval for the building permit will be completed for the buyer, allowing the project to be fully shovel-ready and ready to break ground immediately upon closing. This eliminates lengthy entitlement delays and provides a major advantage for developers looking to move forward without uncertainty. Located in a rapidly growing and highly desirable area, the site offers excellent accessibility with close proximity to major roads and highways. Surrounded by established neighborhoods and local amenities, the location combines strong demand with long-term growth potential. With approvals in place and construction readiness secured, this is a rare chance to move directly from acquisition to development. A truly standout investment opportunity in Coventry with outstanding upside.

Location

Street address
New London Tpke
Elevation
243 feet
Coordinates
41.6709, -71.5332

Property details

Acreage
51.4 acres
MLS #
SWMLS 1402642
Posted

Details and features

Listing

Type
Land
Zoning
Residential
Franchise
Century 21 Real Estate

Lot

Features
Rural

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
Oct 13, 2025New listing$4,250,000SWMLS
Subscribe to listing updates

Payment calculator

This 51.4-acre property is located at New London Tpke in Coventry, RI 02816. The property is available for sale for $4,250,000 with a price per acre of $82,685.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact