Tbd High Street

Peterborough, NH 03458

About this property

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.

About this property

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.

Features and Additional Information

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$695,000 (10) Active - Active
0 sqft

Presented By H-K Realty

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Keller Williams Realty Metro-Keene
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Area Information

NH Hillsborough | Hillsborough County |

$ 695,000
This listing is play_arrow 63.8% lower than the average in the area
$ 1,922,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
213 days on site
This listing is play_arrow 74.8% below the average in the area
844 days on site in the area

Schools in the Area

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    Elementary School
    Peterborough Elem School
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    Middle School
    South Meadow School
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    High School
    Contoocook Valley Regional Hig

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Listed By Lisa Stone
Brokerage: Keller Williams Realty Metro-Keene

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