tbd High Street Peterborough, NH

$695,000
Acres 3.40
Photo of tbd High Street Peterborough NH 03458




Description

14 FULLY APPROVED UNITS: Skip the Planning Board & Start Building. This is the definition of "Shovel-Ready." Located on Pocket Street, this prime 3.5-acre site offers a rare opportunity to bypass years of permitting and immediately break ground on a lucrative 14-unit residential project. The Project: Fully approved for an elegant courtyard-style townhouse community. The design features spacious layouts with dual ensuite bedrooms—specifically targeted at Peterborough’s downsizer and professional demographic (Median Age: 51 | Median Income: $98k). The Location: Situated off High Street, the site balances privacy with premium convenience. It borders the scenic Monadnock Country Club and is walking distance to the elementary school. This is a location that sells itself to buyers seeking quiet luxury within a vibrant community full of entertainment, restaurants and local shops. The Opportunity: With construction costs fluctuating, the value here is in the approvals. You aren't buying raw land; you are buying a green-lit project in a town with a severe inventory shortage. NH Housing Finance Authority projects a need for 1,100+ units here. With an average town home sale price of $477k+, the margin potential on these boutique condos is significant. Perfect for a local builder looking to keep their crew moving with a manageable, high-demand project. Don't let your capital sit in permitting purgatory—start building on Pocket Street.


Listed by Keller Williams Realty Metro-Keene, Lisa Stone 603-352-0514

Details

MLS 5074937
Price $695,000
Status Active
DOM 40 days
Type Lot/Land
Lot Size 3.40 acres
Taxes Paid $2,395

Lot & Building Features

Utilities Cable Available
Sewer Public Sewer at Street
Tax Year 2024
Taxes Paid $2,395
Water Public Water at Street
Lot Description Abuts Golf Course, Condo Development, In Town, Near School(s), Near Shopping, Wooded

Schools

Elementary School Peterborough Elem School
Junior High School South Meadow School
Senior High School Contoocook Valley Regional Hig

Land for Sale: tbd High Street, Peterborough, NH 03458

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Financing

$
20%
0.34460431654676%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.