$3,000,000

About this home

A rare, nearly shovel-ready development opportunity in the heart of New Hampshire's Lakes Region. This approximately 15-acre residential parcel is part of a larger mixed-use development known as Tilton Ridge on Route 3, just one mile from I-93 via Exit 20, offering exceptional visibility and accessibility in one of the region's most active growth corridors. The site carries an accepted variance for 120 residential units, currently proposed as 60 duplexes, with access to Route 3 via a deeded right-of-way through the adjacent mixed-use development — a thoughtfully assembled project that also includes self-storage and retail components under common ownership. The current owner, a 30-year Lakes Region developer, has completed the most time-consuming and costly entitlement work, handing a future buyer a well-advanced project without locking them into a rigid plan. Completed work includes an existing conditions survey, wetlands delineation (none on the residential site), a conceptual site plan accepted by zoning, an approved subdivision plan, NHDES-approved sewer hookup design and permits, a DOT traffic study and accepted driveway permit, and paved Route 3 aprons. Prior to closing, the seller will deliver recorded subdivision documents, all applicable easements, a roughed-in access road to the edge of the site, and both municipal water and sewer permitted and available to the residential parcel; significantly reducing day-one infrastructure burden for the incoming buyer. The seller is willing to negotiate participation in remaining buyer responsibilities, including the engineered driveway permit, and is open to an ongoing paid consulting role to assist with final Planning Board approvals, site design, and construction management. Potential exists for package sale of all components of the development to qualified buyers. This is an outstanding opportunity for a developer to capitalize on strong housing demand in the Lakes Region with the heavy lifting done.

Property details

MLS #

5096134

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

51

On market date

N/A

Stories

N/A

Garage spaces

N/A

Lot size

14.26 acres

Nearby schools

Within 10 miles · public school directory data (NCES)