Tbd High St, Peterborough, NH 03458
- $695,000
Listing courtesy of Lisa Stone from Keller Williams Realty Metro-Keene. ()
- List Price
- $695,000
- Status
- ACTIVE
- MLS#
- 5074937
- Lot Size
- 148,104
- Acres
- 3.40
Property 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.
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Additional Information
- Taxes
- $2,395
- Listing Agent
- Lisa Stone
- Listing Office
- Keller Williams Realty Metro-Keene
- School District
- Contoocook Valley SD SAU #1
- Elementary School
- Peterborough Elem School
- Middle School
- South Meadow School
- High School
- Contoocook Valley Regional Hig
- Electric
- Street
- Utilities
- Cable Available
- Sewer
- Public Sewer
- Zoning
- R
- Water
- Public
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