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For sale
    • $2,949,999

    588 Wallis Rd, Rye, NH 03870

    3beds
    1,376sqft
    : 
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    Single Family Residence
    Built in 1965
    12.97 Acres Lot
    $-- Zestimate®
    $2,144/sqft
    $-- HOA

    What's special

    Natural beauty
    12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom home. The building envelope has been cleared and prepared, providing a significant head start for the next owner. Under single ownership and not capable of subdivision, this exceptional parcel offers privacy, natural beauty, and the opportunity to create a landmark estate in one of the Seacoast's most sought-after locations. Surrounded by luxury homes and protected open space.
    32 days
    |
    570
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Edward Perez 603-498-4402,

    Edward Perez 603-498-4402,

    Edward Perez 603-498-4402

    Source: MLS PIN,MLS#: 73536090

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bathroom
      • Features: No
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: Water Heater, Other
      Features
      • Other
      • Flooring: Other
      • Has basement: No
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,376
      • Total interior livable area: 1,376 sqft
      • Finished area above ground: 1,376

      Property

      Parking
      • Total spaces: 10
      • Parking features: Attached, Off Street
      • Attached garage spaces: 1
      • Uncovered spaces: 9
      Features
      • Exterior features: Other
      • Waterfront features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
      • Frontage length: 100.00
      Lot
      • Size: 12.97 Acres
      • Features: Other
      Details
      • Parcel number: 745722
      • Zoning: R

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1965

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Private Sewer
      • Water: Private
      Green energy
      • Energy efficient items: Other (See Remarks)

      Community & HOA

      Community
      • Features: Golf, Public School
      HOA
      • Has HOA: No
      Location
      • Region: Rye

      Financial & listing details

      • Price per square foot: $2,144/sqft
      • Tax assessed value: $585,600
      • Annual tax amount: $4,969
      • Date on market: 6/15/2026
      • Exclusions: No Personal Property. Architectural Plans Available Separately Upon Request.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,259/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$2,949,999+322%$2,144/sqft
        Source: MLS PIN #73536090 Report a problem
        6/11/2021Sold$699,000-9.8%$508/sqft
        Source: PrimeMLS #4837523 Report a problem
        4/23/2021Pending sale$775,000$563/sqft
        Source: Keller Williams #4837523 Report a problem
        4/9/2021Price change$775,000-3%$563/sqft
        Source: Keller Williams #4837523 Report a problem
        12/29/2020Price change$799,000-8.7%$581/sqft
        Source: Keller Williams Coastal Realty #4837523 Report a problem
        11/6/2020Listed for sale$875,000$636/sqft
        Source: Keller Williams Coastal Realty #4837523 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,826 +7.8%$557,300
        2023$4,475 +15%$557,300
        2022$3,890 -19%$557,300 +18.5%
        2020$4,804 +0.4%$470,100 +0.4%
        2019$4,787 +1.1%$468,400 0%
        2018$4,737 $468,500
        2017$4,737 +6.1%$468,500 +12%
        2016$4,466 +8.8%$418,200 +11.8%
        2013$4,104 $374,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 03870

        Getting around

        5 / 100
        Car-Dependent
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rye Elementary
        • Middle: Rye Junior High
        • High: Portsmouth High

        Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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