Tbd High Street,Peterborough, NH 03458
Peterborough, NH 03458
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 bedroomsspecifically 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 full of entertainment, restaurants and local shops.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 purgatorystart building on Pocket Street.
Details
| MLS # | 5074937 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Days On Site | 213 |
| Listing Provided By | Keller Williams Realty Metro-Keene | Lisa Stone |
Features
| Zoning | R |
|---|---|
| Acreage | 3.40 |
Exterior
| Lot Features | Abuts Golf Course, In Town, Near Shopping, Condo Development, Wooded, Near School(s) |
|---|
Utilities
| Utilities | Cable Available |
|---|---|
| Electric | At Street |
| Sewer | Public Sewer at Street |
Taxes
| Tax Annual Amount | 2395 |
|---|---|
| Tax Assessed Value | 73700 |
| Tax Block | 002 |
| Tax Lot | 100 |
| Tax Year | 2024 |
Area Information
| State | NH |
|---|---|
| County | Hillsborough |
| City | Peterborough |
| Zip Code | 03458 |
| Area | NH Hillsborough |
| School District | Contoocook Valley SD SAU #1 |
| Elementary School | Peterborough Elem School |
| High School | Contoocook Valley Regional Hig |
| Listing VS Median (in 03458) | |
Price: $695,000 low | high Med: $1,922,000 On site: 213 low | high Med: 844 | |
Market Activity 03458
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Learn More About This Property
| State | NH |
|---|---|
| County | Hillsborough |
| City | Peterborough |
| Zip Code | 03458 |
| Area | NH Hillsborough |
| School District | Contoocook Valley SD SAU #1 |
| Elementary School | Peterborough Elem School |
| High School | Contoocook Valley Regional Hig |
| Listing VS Median (in 03458) | |
Price: $695,000 low | high Med: $1,922,000 On site: 213 low | high Med: 844 | |
