About This Home

This land at High Street in Peterborough, NH is listed for $695,000 (3.40 acres).

Key Features

  • 3.40 acre lot
Listing 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 bedrooms-specifically 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 purgatory-start building on Pocket Street.

Location

High Street

Peterborough, NH 03458

Questions & Answers

This 0-bedroom, 0-bathroom land at High Street is listed at $695,000. The estimated monthly payment is $3,717 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 3.40 acre lot.

This property is listed by Lisa Stone.

LS

Lisa Stone

Agent at Keller Williams Realty Metropolitan

Listed by Keller Williams Realty Metropolitan · Broker phone: (603) 232-8282 · View on Broker Site · Broker website

MLS# 5074937· Source: PrimeMLS· 276 days on PropertySimple

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High Street, Peterborough, NH 03458

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