See Home Value
Rockingham
588 Wallis
$2,849,999
● House - Off Market

588 Wallis

Rye, NH 03870
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,376 Ft²
$14,409
Est. Monthly

About This Property

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.
Unit Size
1,376 Ft²
Days on Market
-
Land Size
12.97 acres
Price per sqft
$2,071
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1965

Payment Calculator

Cap Rate Calculator

Last updated: 7 days ago (MLSPIN #73536090)

Price History

Date / Event Date Event Price
Sep 22, 2026 Withdrawn -
Withdrawn
Sep 22, 2026 Price Decreased $2,849,999
↓ $100K (3.4%)
Price Decreased
Jun 15, 2026 Listed by Edward Perez $2,949,999
Listed by Edward Perez
Jun 15, 2021 Sold
Sold
Nov 5, 2020 Listed by Edward Perez $775,000
Listed by Edward Perez

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,376
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 539,708
  • Total Building Area: 1,376
  • Gross Building Area: 3,632
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000012390
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Rye School District
  • School Tax School District: RYE
  • Census Tract: 071002

Zoning

  • Zoning: SRES

Geography

  • Account Number: 2049
  • Parcel: RYEE M:016 B:089
  • Block: 89
  • Municipality: RYE
  • Latitude: 43.0187
  • Longitude: -70.7645

    Address

  • Full Address: 588 Wallis Rd
  • Address - House Number: 588
  • Address - Street Name: Wallis
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Rye
  • Carrier Code: R004
  • 4-Digit Zip Code: 2244
  • Zip Code: 03870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,500

    Appraisal Valuation

  • Standard Deviation: 0.1396
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 807,088
  • High Value: 919,817
  • Low Value: 694,358

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,300
  • Assessed Land Value: $480,700
  • Assessed Improvements Value: $76,600

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 21038983
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rockingham


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 130 Harbor, Rye, 03870

$5,500 /mo

  • 2 Beds
  • 2 Baths
  • 2,202 ft²
130 Harbor, Rye, 03870
Unit for rent at 1381 Ocean, Rye, 03870

$4,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,116 ft²
1381 Ocean #17, Rye, 03870 Listing by Delaney Philbrick
Unit for rent at 2059 Lafayette, Portsmouth, 03801

$4,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,533 ft²
2059 Lafayette #204, Portsmouth, 03801 Listing by Hunter Carey


Frequently Asked Questions

When was property at 588 Wallis Road built and last sold?
The property at 588 Wallis Road was built in 1965 and last sold on Jun 11, 2021 for $699,000.
How much is this home worth?
The estimated value of the home located at 588 Wallis Road is $2,668,383.
What are some comparable homes to 588 Wallis Road?
There are currently no comparable homes to 588 Wallis Road.