An exceptionally rare opportunity to own a waterfront retreat with room to grow on coveted Johnson Pond! This legal 2-family property offers exceptional flexibility—use it as-is, or reimagine it as a single-family home with space for a guest house, ADU, or in-law suite. Perfectly positioned on a double lot with sweeping water views, this restored and updated home is ideal for multi-generational living, guests, or added income potential. The main residence features 4 bedrooms, 2 full baths, laundry, and an open-concept layout with sliding doors leading to a spacious deck overlooking the water. The lower-level suite offers 1 bedroom, 1 bath, and walk-out access to the lawn, private dock, and year-round recreation. A large patio, cabana with its own deck, and generous parking provide endless options for expansion, entertaining, or creating an additional living space. Set just steps from the state’s most scenic 20-mile bike path connecting Coventry to Cranston, this property combines waterfront living, versatility, and future potential rarely found in Rhode Island.
Sold for $696,900
$696,900
52 Acres Of Pine Rd, Coventry, RI 02816
5beds
2,643sqft
Multi Family
Built in 1940
-- sqft lot
$701,500 Zestimate®
$264/sqft
$1,996 Estimated rent
Home value
$701,500
$631,000 - $779,000
$1,996/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: December 08, 2025 at 01:58pm
Listed by:
The DiSpirito Team 401-244-8355,
Engel & Volkers Oceanside
Bought with:
Lauren Arpin, RES.0048161
Residential Properties Ltd.
Source: StateWide MLS RI,MLS#: 1398391
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Bath w Tub & Shower
Heating
- Oil, Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater, Dishwasher, Microwave, Oven/Range, Refrigerator
- Laundry: In Unit
Features
- Wall (Dry Wall), Stairs, Plumbing (Mixed), Plumbing (Other), Plumbing (PEX), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Partially Finished,Bath/Stubbed,Bedroom(s),Kitchen,Living Room,Storage Space,Utility
- Number of fireplaces: 1
- Fireplace features: Wood Insert
Interior area
- Total structure area: 1,623
- Total interior livable area: 2,643 sqft
Property
Parking
- Total spaces: 7
- Parking features: No Garage, Driveway
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck, Porch, Screened
- Spa features: Hot Tub
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Access, Dock, Freshwater Front, Walk to Fresh Water, Walk To Water
Lot
- Size: 9,583 sqft
- Features: Extra Lot
Details
- Additional structures: Outbuilding
- Parcel number: COVEM318L43
- Zoning: R-2A
- Special conditions: Conventional/Market Value
- Other equipment: Hot Tub
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Dry Wall, Vinyl Siding
- Foundation: Concrete Perimeter, Mixed, Slab, Stone
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Cesspool
- Water: Private, Well
Community & neighborhood
Community
- Community features: Highway Access, Interstate, Public School, Recreational Facilities, Restaurants, Near Shopping, Near Swimming
Location
- Region: Coventry
- Subdivision: Johnsons Pond
HOA & financial
Other financial information
- Total actual rent: 5300
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $696,900-0.4%$264/sqft |
Source:  StateWide MLS RI #1398391 Report a problem | ||
| 11/18/2025 | Pending sale | $699,900$265/sqft |
Source: StateWide MLS RI #1398391 Report a problem | ||
| 10/21/2025 | Price change | $699,900-4.1%$265/sqft |
Source: StateWide MLS RI #1398391 Report a problem | ||
| 10/6/2025 | Listed for sale | $729,900+64%$276/sqft |
Source: StateWide MLS RI #1396851 Report a problem | ||
| 10/19/2023 | Sold | $445,000+207.1%$168/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,320 | $588,400 |
| 2024 | $9,320 +3.3% | $588,400 |
| 2023 | $9,020 +24.7% | $588,400 +59.2% |
Find assessor info on the county website
Neighborhood: 02816
Nearby schools
GreatSchools rating
- 8/10Washington Oak SchoolGrades: PK-5Distance: 1.6 mi
- 6/10Alan Shawn Feinstein Middle School of CoventryGrades: 6-8Distance: 3.1 mi
- 3/10Coventry High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$701,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$701,500
- Rhode Island
- Kent County
- Coventry
- 02816
- 52 Acres Of Pine Rd