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3 Beds
1 Bath
1,376 sqft

$2,949,999

588 Wallis, Rye NH, 03870

Price per sqft$2,143.89
Built in1965
Property size1,376 sqft
Property typeResidential

Overview

Active

Listed Jun 15, 2026

Updated 12 days ago

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.

$19,626/mo

Est. mortgage payment based on a $2,949,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73536090

Interior Features

Bedrooms
3
Bathrooms
1
Fireplace
Yes
Basement
No

Exterior Features

Lot Size
12.97 Acres

Other Property Details

Taxes
$4,969
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Also listed on NNEREN

This listing is provided by Edward Perez with Edward Perez

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Data last updated 5:35 AM UTC, 9/10/2026

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