Estimated payment $15,821/month
About This Lot
Prime Investment Opportunity – This 5.17-acre property, including 3.7 acres of upland, offers incredible potential in Rye, one of New Hampshire’s most desirable communities. The property is just minutes from downtown Portsmouth’s vibrant shops and restaurants, golf courses and Rye’s beautiful beaches, state parks and award-winning schools. Zoned for both commercial and single-residence use, this wooded and private land abuts town conservation land and the Wentworth by the Sea Country Club. Municipal water and sewer are available at the street. As an added bonus, a billboard provides rental income. Unparalleled potential exists for a wide range of uses, including condominium development, multi-family housing, subdivision, or private estate. Do not miss this opportunity to create something extraordinary in a prime coastal location. Note that the outline of borders in any photo is approximate, buyer to verify.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,344
Lot Details
- 5.17 Acre Lot
- Property is zoned Commercial and Single Res
Schools
- Rye Elementary School
- Rye Junior High School
- Portsmouth High School
Listing and Financial Details
- Tax Block 072
- Assessor Parcel Number 024
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,344 | $848,000 | $514,900 | $333,100 |
| 2023 | $6,809 | $848,000 | $514,900 | $333,100 |
| 2022 | $5,919 | $848,000 | $514,900 | $333,100 |
| 2021 | $5,659 | $553,700 | $353,700 | $200,000 |
| 2020 | $4,829 | $553,700 | $353,700 | $200,000 |
| 2019 | $5,753 | $553,700 | $353,700 | $200,000 |
| 2018 | $6,136 | $553,700 | $353,700 | $200,000 |
| 2017 | $4,590 | $553,700 | $353,700 | $200,000 |
| 2016 | $4,522 | $423,400 | $244,400 | $179,000 |
| 2013 | $4,773 | $435,100 | $263,200 | $171,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $2,900,000 | 0.0% | -- |
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 12/18/2024 12/18/24 | For Sale | $2,900,000 | -- | -- |
Source: PrimeMLS
MLS Number: 5024834
APN: RYEE-000024-000000-000072
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