A highly developable parcel of land consisting of approx. 2.46 acres of land with frontage on three sides, this opportunity within the zoning can be developed into single family homes. The nearby area has some substantial single family homes already existing. Additionally, it may be an opportunity to increase density through an innovative design, creating condo lots for units of single family housing - a little more modest than the pure single family units (maybe town homes). Additionally, it may be that because other properties with similar zoning have been developed into far more dense condominium units, that the opportunity to do the same exists - creating even more opportunity for the buyer and more value for the seller, subject to the appropriate variances.

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Basic Information

Date Listed03/01/2022
StatusSLD
Sale Price$2,725,000
List Price$2,500,000
MLS Number4899595
MLS StatusClosed

Utilities

Power CompanyEversource
WaterPublic
ElectricOn-Site
SewerPublic
UtilitiesGas - At Street, Phone

Location

Building Number355
StreetSpinney Road
TownPortsmouth
StateNH
Zip03801
CountyRockingham
Flood ZoneNo

Water Body

Water AccessNo
Water ViewNo

Property

Acreage2.46
AreaNear Shopping, Neighborhood, Other
Square Feet107,158
CurrentUseDevelopment Potential, Residential
Road Frontage1212
RoadsPaved
TopographyCorner, Level, Slight, Sloping

Other

SurveyedNo
ZoningSRB
View Count3

Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real 2estate displayed on this display comes in part from the IDX Program of New England Real Estate Network. The information being provided is for consumers’ personal, non- 3commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last 4updated March 21, 2023 3:23 AM EDT

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Your Questions & Comments I found a listing on "Ruedig Realty" which you may be interested in:

355 Spinney RoadPortsmouth, NH 03801MLS Number 4899595

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