tbd High Street, Peterborough, NH 03458
NH-Hillsborough County
Key Facts
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 filled with shops, entertainment and restaurants. 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.
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Lot Size
3.40 acres
Zoning
FAMILY
Days on Market
2
MLS® Listing#
5074944
Property Features
Utilities
Water Source
Financial Details
Annual Taxes
$2,395
Tax year 2024
Affordability Calculator
$139,000
Estimated monthly payment
$3,699/mo
Principal $556,000 · Est. interest $775,669 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Peterborough, NH
- $666,667
- Median Listing Price
- 100
- Median Days on Market
- 2,154
- Median Sq Ft
- $286
- Median Price / Sq Ft
- 70
- Active Listings
- This home’s price is 4% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Peterborough, NH.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 19 Ledgestone Drive, Peterborough, NH | $489,000 | — | — | — |
| 19 Ledgestone Drive, Peterborough, NH | $489,000 | — | — | — |
| 14 Woodmans Lane, Peterborough, NH | $495,000 | 3 | 3 | 1,824 |
| 58 Hunter Farm Road, Peterborough, NH | $499,000 | 4 | 2 | 2,497 |
| 353 Summer Street, Peterborough, NH | $519,000 | 3 | 2 | 1,858 |
| 42 Blueberry Lane, Peterborough, NH | $530,000 | 3 | 3 | 1,947 |