Rare opportunity to own a 1.42-acre property in Lebanon, NH, ideally located along quiet Payne Road at the western tip of Mascoma Lake. Mostly cleared and level, the lot features mature trees that provide natural shade and privacy while offering ample space for your vision. The property abuts the Rail Trail, with direct access via a short path, making it easy to enjoy walking, biking, and outdoor recreation. An existing house with a poured concrete foundation is currently on site for new owners to consider, or to conduct their own due diligence regarding the condition. Conveniently located a short walk from Mascoma Lake and just minutes to Dartmouth Health, Dartmouth College, downtown Lebanon, and Hanover, this property offers an exceptional opportunity to create your ideal home in a highly desirable Upper Valley location.
| MLS # | 5101398 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Days On Site | 35 |
| Listing Provided By | BHHS Verani Upper Valley | Tyler J Hall |
| Zoning | RL1 |
|---|---|
| Acreage | 1.42 |
| Water Front | Yes |
| Lot Features | Near Golf Course, Near Paths, Near Skiing, Near Snowmobile Trails, Neighborhood, Rural, Country Setting, Pasture, Level, Trail/Near Trail, Walking Trails, Wooded, Near Hospital, Near School(s), Private |
|---|
| Utilities | Other |
|---|---|
| Electric | Other |
| Sewer | On-Site Septic Exists |
| Tax Annual Amount | 2234 |
|---|---|
| Tax Block | 12 |
| Tax Lot | 00 |
| Tax Year | 2026 |
| State | NH |
|---|---|
| County | Grafton |
| City | Lebanon |
| Zip Code | 03766 |
| Area | NH Grafton |
| School District | Lebanon School District |
| Elementary School | Hanover Street School |
| High School | Lebanon High School |
| Listing VS Median (in 03766) | |
Price: $295,000 low | high Med: $0 On site: 35 low | high Med: | |
| State | NH |
|---|---|
| County | Grafton |
| City | Lebanon |
| Zip Code | 03766 |
| Area | NH Grafton |
| School District | Lebanon School District |
| Elementary School | Hanover Street School |
| High School | Lebanon High School |
| Listing VS Median (in 03766) | |
Price: $295,000 low | high Med: $0 On site: 35 low | high Med: | |
![]() | $295,00015 Payne RoadLebanon, NH 03766 |