Property Description
Nestled in the heart of Rye, one of New Hampshire's most coveted coastal communities, this extraordinary 12.39-acre property offers a rare opportunity to create a private estate of exceptional scale, beauty, and permanence. Just moments from Wallis Sands Beach and minutes from downtown Portsmouth, the setting combines the tranquility of a secluded countryside retreat with the convenience of Seacoast living. Imagine arriving home down a long private drive, surrounded by mature trees, open space, and the sounds of nature, while remaining close to beaches, schools, restaurants, golf courses, and every amenity the Seacoast has to offer. Whether your vision includes a timeless New England estate, a modern coastal residence, guest accommodations, gardens, walking trails, or space for future generations to gather and create memories, this property provides the canvas to bring that dream to life. An existing 3-bedroom ranch residence is currently on site and has been substantially gutted, offering the flexibility to renovate, expand, or build anew. Extensive due diligence has already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom residence, allowing the next owner to focus on creating a home rather than navigating years of planning and approvals. Large private parcels in Rye are becoming increasingly rare. Properties of this size, location, and character are seldom available and often remain within families for generations. More than a property, this is an opportunity to establish a legacy in one of New England's most desirable coastal towns and create a place where family and friends will gather for decades to come.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Sump Pump, Unfinished, Walkout, Basement Stairs
Cooling: None
Garage: 1
Heating: None
Home Style: Ranch
Lot Size: 12.39 Acres
Roof Type: Asphalt Shingle
Stories: 1.0
Taxes: $4,663
Year Built: 1965
Feature Descriptions
Baths Full: 1
Color: Yellow
Construction: Vinyl Exterior
Construction Status: Existing
Days on Site: 34
Driveway: Gravel
Electric: 220 Volt
Exterior: Vinyl Exterior
Flood Zone: No
Foundation: Concrete Slab
Lot: Neighbor Business, Wetlands, Wooded, Near Golf Course, Near Shopping, Neighborhood, Rural, Near School(s), Private
Number of Rooms: 7
Parking: Parking Spaces 5
Road Frontage: 100
Roads: Public
Sewer: Existing Leach Field, On-Site Septic Exists
Sq. Ft. Above Grade Finished: 1376
Sq. Ft. Total Finished: 1376
Total Stories: 1
Units: 1
Water: Dug Well
Water Access: No
Water View: No
Zoning: SRES
588 Wallis Road | MLS# 5095253
This single family home located at 588 Wallis Road, Rye, NH 03870 is currently listed for sale with an asking price of $2,949,999. This property was built in 1965 and has 3 bedrooms and 1 full baths with 1376 sq. ft. Wallis Road is located within the Rye City school district. Search Rye real estate on martimulhern.masiellogrouprealestate.com today.