RENTED SEP 15, 2025

1138 Ocean Blvd Rye, NH 03870

Estimated Value: $3,229,000 - $6,210,000

3 Beds
2.5 Baths
3,804 Sq Ft
$1,156/Sq Ft Est. Value

Last Sold December 05, 2012

Last sale price $2,600,000 $683 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $25,689/month

Highlights

  • Water Views
  • Beach Access
  • Cape Cod Architecture
  • Rye Elementary School Rated A
  • Media Room
  • 4-minute walk to Wallis Sands State Beach

About This Home

As of September 2025

OCEANFRONT Rental AVAILABLE 10/1/25 - 5/31/26. Wallis Sands Beachfront Home with spectacular ocean views throughout. Wake up to unparalleled sunrises every morning! Property Owner will cover the first $500 in utilities per month of lease. Tenant will be responsible for all utility charges after the monthly $500 stipend throughout lease term. There are 3 bedrooms/2 full bathrooms upstairs. The primary bedroom looks onto the ocean and has an ensuite full bath and a large closet. The basement has a bonus room with 2 additional Queen beds. First floor laundry. Rate does not include utilities. No smoking allowed on the premises. Credit and income verification. $49 credit check fee paid by tenant. One Hypoallergenic, Non-shedding dog allowed.

Last Agent to Rent the Property

Rising Tide Rental team

Madden Group License #061307 Listed on: 07/21/2025

Madden Group

Last Renter's Agent

Jennifer Madden

Madden Group License #061307

Madden Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,355

Year Built

  • Built in 2005

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Driveway
  • 1 to 5 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Fixer Upper
  • Concrete Foundation

Interior Spaces

  • Property has 2 Levels
  • Central Vacuum
  • Media Room
  • Water Views

Kitchen

  • Gas Range
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Property is near an ocean
  • Deck
  • Patio

Schools

  • Rye Elementary School
  • Rye Junior High School
  • Portsmouth High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Geothermal Heating and Cooling

Community Details

  • Application Fee Required

Listing and Financial Details

  • Security Deposit $10,500
  • Tenant pays for cooling, electricity, heat, hot water, internet service, snow removal, trash collection

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,355

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • Deposit: 10500
  • Lease Term: Seasonal - Winter
  • Tenant Pays: Cooling, Electricity, Heat, Hot Water, Internet Service, Snow Removal, Trash Collection

Listing Details

  • Seasonal: No
  • Property Type: Residential Lease
  • Year Built: 2005
  • Display On Internet: Fixed Wireless Internet
  • Architectural Style: Cape, Contemporary
  • ResoLotFeatures: Beach Access, Landscaped, Views, Water View, Waterfront
  • Road Frontage Type: Paved, Public
  • PropertySubType: Single Family Residence
  • MLS Status: (60) Leased - Leased
  • Above Grade Finished Sq Ft: 2536.0
  • Reso Interior Features: Central Vacuum, Gas Fireplace, Primary BR w/ BA, 1st Floor Laundry
  • Unit Levels: Two
  • ResoPropertyCondition: Fixer
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Room_1_Type: Bathroom Half
  • Room_2_Type: Eat-in Kitchen
  • Room_4_Type: Primary BR Suite
  • Room_5_Type: Bedroom
  • Room_6_Type: Bedroom
  • Room_7_Type: Bathroom Full
  • Room_8_Type: Bathroom Full
  • Room_9_Type: Media Room
  • Water_Body_Access: Yes
  • Water_Body_Type: Ocean
  • Water_View: Yes
  • Water_Access_Details: Beach Access
  • Basement_Access_Type: Interior
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Cooktop, Dishwasher, Dryer, Gas Range, Refrigerator, Washer, Wine Cooler, Exhaust Fan, Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood
  • Basement: Climate Controlled, Finished, Full, Partially Finished, Interior Stairs, Storage Space, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 1268.0

Exterior Features

  • Driveway: Paved
  • Exterior Features: Deck, Patio, ROW to Water
  • Water Body Name: Atlantic Ocean
  • Waterfront: Yes
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Auto Open, Driveway, Garage, On Site, Parking Spaces 3 - 5, Paved, Detached

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Heating: Oil, Geothermal, Heat Pump
  • Cooling: Central Air
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Restrictions: # of Occupants, Application Fee, Credit Check, No Smoking

Schools

  • Elementary School: Rye Elementary School
  • High School: Portsmouth High School
  • Middle Or Junior School: Rye Junior High School

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2014
Sold by
Grondahi Lisa
Bought by
Lisa A Grondahi Ret and Grondahi
Current Estimated Value
$4,398,449

Purchase Details

Listed on
Oct 26, 2012
Closed on
Dec 5, 2012
Sold by
R J Martineau Jr Ret and Martineau
Bought by
Grondahl Lisa
Seller's Agent
Margaret Pesce
Great Island Realty LLC
Buyer's Agent
Christopher McInnis
Paul McInnis LLC
List Price
$2,695,000
Sold Price
$2,600,000
Premium/Discount to List
-$95,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Mar 17, 2010
Sold by
Coutu Michael
Bought by
Raymond Martineau Jr R and Raymond Martineau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,762,500
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2004
Sold by
Chad Morin Llc and Laura Morin Llc
Bought by
Bournival Richard D and Bournival Alissa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lisa A Grondahi Ret -- --
Grondahl Lisa $2,600,000 --
Raymond Martineau Jr R $2,584,000 --
Bournival Richard D $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bournival Richard D $1,762,500
Previous Owner Bournival Richard D $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Rented $9,500 -9.5% --
08/23/2025 08/23/25 Under Contract -- -- --
07/21/2025 07/21/25 For Rent $10,500 +110.0% --
10/24/2024 10/24/24 Rented $5,000 -9.1% --
10/22/2024 10/22/24 Under Contract -- -- --
10/11/2024 10/11/24 Price Changed $5,500 -5.2% $2 / Sq Ft
09/13/2024 09/13/24 For Rent $5,800 0.0% --
12/05/2012 12/05/12 Sold $2,600,000 -3.5% $1,025 / Sq Ft View Prior Sale
11/16/2012 11/16/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $2,695,000 -- $1,063 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30,355 $3,505,200 $2,630,300 $874,900
2023 $28,147 $3,505,200 $2,630,300 $874,900
2022 $24,466 $3,505,200 $2,630,300 $874,900
2021 $25,603 $2,505,200 $1,673,600 $831,600
2020 $25,603 $2,505,200 $1,673,600 $831,600
2019 $25,378 $2,483,200 $1,673,600 $809,600
2018 $25,973 $2,483,200 $1,673,600 $809,600
2017 $25,105 $2,483,200 $1,673,600 $809,600
2016 $25,470 $2,384,800 $1,352,400 $1,032,400
2013 $25,096 $2,287,700 $1,352,400 $935,300
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Madden

    Tenant's Agent in 2025

    Jennifer Madden

    RE/MAX

    (603) 247-2900

    51 in this area

    137 Total Sales

    Jennifer Madden
    Section Image

  • H

    Buyer's Agent in 2024

    Holly Wernig

    RE/MAX

    Section Image
  • Margaret Pesce

    Seller's Agent in 2012

    Margaret Pesce

    Great Island Realty LLC

    (603) 340-1042

    2 in this area

    65 Total Sales

    Margaret Pesce
    Section Image
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Map

Source: PrimeMLS

MLS Number: 5052511

PrimeMLS

APN: RYEE-000194-000000-000087

New Hampshire Rockingham County Rye 03870

1138 Ocean Blvd, Rye, NH

Not Listed for Sale

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