Off Market

588 Wallis Rd, Rye, MA

Rye · MA 03870

$2,949,999
Price
3
Beds
1
Baths
1376
Sq. ft.

Overview

Property type: Single Family
Year built: Built in 1965
Lot size: 12.97 Acres Lot
Price per square foot: $2,144 / Sq.Ft
Parking: 1 Garage Space · 9 Off Street Spaces
Heating & cooling: Heat, AC

About this home

12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom home. The building envelope has been cleared and prepared, providing a significant head start for the next owner. Under single ownership and not capable of subdivision, this exceptional parcel offers privacy, natural beauty, and the opportunity to create a landmark estate in one of the Seacoast's most sought-after locations. Surrounded by luxury homes and protected open space.

Neighborhood & Transit

588 Wallis Rd, Rye · MA 03870

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
141 days
Listing Price:
$2,949,999
Price per Sq.Ft:
$2,144
Tax Assessment:
$585,600 in 2025
Taxes:
$414 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
1
Half Bathrooms
0
Living Area
1,376 Sq.Ft
Broker Disclosure about Living Area
Existing ranch contains 1,376 SF above grade per public record. Basement area not included in living
Kitchen
Other (See Remarks)
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
7
Above grade area
1376
Flooring
Other (See Remarks)
Lead paint
None

Utilities

Heating Type
None
Heating Zone
0
Cooling
Individual
Cooling Zones
0
Water
Private Water
Sewer
Private Sewerage
Electric Features
220 Volts

Exterior Features

Lot Size
564,973 Sq.Ft
Lot Description
Other (See Remarks)
Exterior Features
Other (See Remarks)

Parking

Garage Parking
1 Parking Space, Attached
Off Street Parking
9 Parking Spaces, Off-Street

Construction Details

Construction Type
Frame
Siding
Vinyl
Roof
Asphalt/Fiberglass Shingles

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Edward Perez
Listing office
Edward Perez
MLS PIN #
73536090
Disclosure
Property sold as-is. Existing dwelling has undergone substantial interior demolition. Approved 5-bedroom septic design and architectural plans available. Buyer responsible for all due diligence regarding permits, wetlands, future development, and municipal approvals
Disclosure
Existing ranch contains 1,376 SF above grade per public record. Basement area not included in living