Central Falls Realty

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      34 Pinkham Rd.Lee, NH 03861MLS Number 4624493

      • Price: $1,000,000The price has recently decreased
      • Est. Mortgage of $/month
      • 257 Days on Market
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      Price Down Payment Interest Rate Years

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.96% last updated on 2017-11-02

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 90Acreage
      • Residential/ AquiferZoning

      For sale is a newly permitted and approved 36 unit subdivision consisting of 26 single family and 5 duplex lots. Single family sites are located around the outer road and hammer head frontage, and duplex lots are located within the inner circular road frontage. Town of Lee NH tax Map 3 will show lot numbering and layout of subdivision AOT permit: # 1040 Good till Feb 8 2021 AG application is drafted but not filed Daniels Drive Owners Association covenants are drafted but not recorded. Buyer will be responsible for moving the subdivision from its permitted stage to a buildable stage. Approval allows buyer to build road in phases, each being 1,100' of road built to binder for building permits to be issued. All products needed for road bed preparation are on site with some blending and or processing. Lowest bid of $860K to build all 3,400' +/- of road by well know site contractor given late 2015. That puts road coast at about 23K per lot. All lots require well and septic, site has good soils was old gravel pit. All homes are required to have fire sprinkler systems because of only 1 cistern being required. 50 + ac of open space consisting of fields and woods. Map 3 lot 2-0 a commercial lot with 590' of frontage 3.5 ac +/- usable on Rt 125 can be added to this purchase if buyer has interest in doing so.

      Listed by Walter Cheney of Real Estate Advisors Inc.

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      Central Falls Realty
      242 Central Avenue
      Dover NH, 03820

      Office: 603.742.2121

      More Info

      Basic Information

      • MLS Number4624493
      • p mod date time2017-03-30T20:37:00
      • Modification Date09/08/2017
      • StatusActive With Contract
      • Date Listed03/30/2017
      • List Price$1,000,000


      • Broker NameReal Estate Advisors Inc.
      • RoadsPublic, Easement/ROW
      • AVMNo
      • Agent NameCheney
      • Delayed ShowingsNo
      • View Count47


      • Building Number34
      • Zip03861
      • TownLee
      • StateNH
      • SubdivisionDaniels Drive
      • ZoningResidential/ Aquifer
      • Flood ZoneUnknown
      • CountyStrafford
      • TopographySubdivision
      • High SchoolOyster River High School
      • StreetPinkham Rd.


      • Acreage90
      • Square Feet3920400
      • Lot7-01 - 7-33
      • Property TypeLand


      • WaterOn-Site Well Needed, Private
      • ElectricOn Adjacent Property
      • SewerOn-Site Septic Needed, Private


      • Number of Photos1

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      Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.



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