Monday, January 16, 2012

300 Pioneer Road Rye NH MLS 4115057 $399,900


Price: $399,900
Address: 300 Pioneer Road Rye NH 03870
Bedroons: 3
Baths: 1
Remarks: Rare waterfront property owned by same owner for over 53 years. Prime, prime location sited on 1.73 acres overlooking the Wentworth By The Sea with 79 feet of frontage on Witch Creek (tidal inlet). House needs to be extensively renovated, but has a well built frame (post and beam) on a stable stone foundation. The roof height would permit 3 finished levels (although only 1 level is currently finished). Seller is providing a new plat plan and a new state approved 3 bedroom septic design. Great investment opportunity to develop this property with renovating existing house or potentially replacing with a new home probably restricted to existing footprint (this is speculative at this point). Priced at $168,300 under assessment.

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