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For Sale

588 Wallis, Rye NH 03870

Rye, NH 03870

$2.85M
3 BD · 1 BA · 1,376 sf · 12.97 ac · Built 1965
The residence

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.

At a glance
Property type
Single Family Residence
Status
Active
Year built
1965
Lot size
12.97 acres
Living area
1,376 sf
MLS#
cd8cb69b72b2c24bf7b1261a47170427
Beds · Baths
3 · 1
Location

Rye, NH.

Rye, New Hampshire, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$14K/mo
Approximate · principal & interest only
Display Currency
$2.85M

Indicative conversion — settlement always in USD.

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Listing courtesy of Edward Perez · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Sep 22, 2026

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