470 Banfield Road
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9 photos

$838,000

470 Banfield Road
Portsmouth, NH 03801
Listed by Eric Levin · KW Coastal and Lakes & Mountains Realty
Bedrooms
4
Bathrooms
3.1
Living area
N/A
Year built
1989

About this home

Opportunity, acreage, & Portsmouth ! Three things that rarely come together like this. Set on an impressive 5.2-acre parcel, this home offers something increasingly difficult to find in Portsmouth: space, privacy, an existing home, & tremendous potential for the buyer who can see what this property could become. It needs updating, improvements, & a new owner ready to roll up their sleeves & bring their vision to life. But that's exactly what makes this property so exciting. Here is an opportunity to create something that is truly your own. The existing home offers 4 bedrooms, 3½ baths & approx. 2,650 sq ft of finished living area, including finished lower-level space, along with a walkout lower level & substantial detached heated garage with a finished second level. Outside, the property opens to a surprisingly expansive setting with lawn, mature trees & wooded acreage that gives you a feeling of separation & privacy. Portsmouth remains one of the Seacoast's most desirable communities, prized for its vibrant downtown, restaurants, shopping, arts, waterfront, and convenient access throughout the region. From here, commuters have access to major routes connecting with the rest of the NH Seacoast, Southern Maine & MA. The possibilities here could appeal to a broad range of buyers. An owner-occupant may see the chance to renovate. A contractor,/builder may immediately recognize the value of improving the existing property and see the benefit of the detached garage. An investor may see an opportunity where the combination of location, acreage and existing improvements deserves a much closer look. This isn't a home pretending to be move-in perfect. It's an opportunity. It's for someone who looks beyond what is here today & starts imagining what could be here tomorrow. Smile, you just found your new home!

Property details

MLS #
5104484
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
1
On market date
N/A
Stories
N/A
Garage spaces
3
Lot size
5.2 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Mary C. Dondero Elementary School
1.25 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
318
Student:teacher ratio
10.6:1
District
Portsmouth School District
Middle
Rye Junior High School
2.15 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
181
Student:teacher ratio
9.5:1
District
Rye School District
High
Portsmouth High School
1.88 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,049
Student:teacher ratio
11.7:1
District
Portsmouth School District

Mortgage calculator

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Est. monthly payment
$5,197/mo
$167,600 down
$670,400 loan
Principal & interest$4,348
Property tax (est.)$698
Home insurance (est.)$150

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