550 Sagamore Avenue Portsmouth, NH
$1,387,500
Acres 1.45
Description
Welcome to 550 Sagamore Ave, a rare gem nestled in the heart of Portsmouth, NH. This property presents an uncommon opportunity to own a sizable lot in this coveted area. Spanning 1.44 acres (approximately 62,754 sq ft) with 139 feet of frontage, this parcel is situated in the SRB (single residence B) zone, offering ample space & privacy for your dream home. Zoning regulations require 15,000 sq ft per dwelling unit, 20% lot coverage, 10 ft side setbacks, 30 ft rear & front setbacks. What sets this property apart is its proximity to Downtown Portsmouth and its inclusion in the highly sought-after Little Harbor School District. Whether you envision subdividing, renovating the existing home, or constructing your expansive dream residence, this lot offers unparalleled potential. Immerse yourself in the tranquility of this picturesque setting, surrounded by lush greenery and mature trees. Perfect for those who crave open space yet desire the convenience of city living, this property provides the best of both worlds. The existing hip-roofed ranch boasts 1-level living and the potential to expand your living space with its partially-finished basement. Picture yourself hosting summer gatherings on the spacious 448 sq ft tiered deck, soaking in the serene ambiance of your private oasis. With its prime location, expansive lot, and many possibilities, don't miss this extraordinary opportunity to make 550 Sagamore Rd your own slice of paradise in Portsmouth.
Listed by Great Island Realty LLC, Sharon Hartford & Emil Uliano
Details
MLS 4994486
Price $1,387,500
Status Active Under Contract
DOM 219 days
Type Lot/Land
Lot Size 1.45 acres
Taxes Paid $7,184
Lot & Building Features
Utilities Cable - At Site
Sewer Public
Tax Year 2023
Taxes Paid $7,184
Water Public
Lot Description Wooded
Schools
Elementary School Little Harbor School
Junior High School Portsmouth Middle School
Senior High School Portsmouth High School
Land for Sale: 550 Sagamore Avenue, Portsmouth, NH 03801
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Financing
$
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.