1191 - 1193 Ocean Boulevard, Rye, NH 03870

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
1191 - 1193 Ocean Boulevard,Rye, NH 03870
$4,500,000
  • 6 Beds
  • - Baths
  • 4,847 sq. ft.
  • Multi-family
  • Active
Listed by: brett mulvey
Office: tate & foss sotheby's international rlty
MLS#:5057766
Source:PrimeMLS

Price summary

  • Price:$4,500,000
  • Price per sq. ft.:$928.41

About this home

An exceptional investment opportunity along Rye’s Ocean Boulevard—just moments from Wallis Sands Beach. This rare offering features five residential units plus a seasonal restaurant, combining strong rental income with long-term redevelopment potential in one of the Seacoast’s most desirable coastal settings. 1193 Ocean Boulevard includes two 1BR/1BA apartments on the first floor and a spacious 3BR residence on the second floor. 1191 Ocean Boulevard offers a first-floor studio apartment along with a well-established seasonal restaurant and bar featuring indoor dining, outdoor seating, a takeout window, and ample parking. Together, the properties deliver versatility, steady cash flow, and exciting upside. With direct marsh frontage, ocean breezes, and the sound of waves just steps away, this property embodies the coastal lifestyle tenants and guests are drawn to. Investors may continue operations as-is, expand residential offerings, or redevelop the parcels into luxury condominiums,

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Home facts

  • Year built:1958
  • Listing ID #:5057766
  • Added:172 day(s) ago
  • Updated:February 10, 2026 at 11:30 AM

Rooms and interior

  • Bedrooms:6
  • Living area:4,847 sq. ft.

Heating and cooling

  • Heating:Oil

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1958
  • Building area:4,847 sq. ft.
  • Lot area:0.88 Acres

Schools

  • High school:Portsmouth High School
  • Middle school:Rye Junior High School
  • Elementary school:Rye Elementary School

Utilities

  • Sewer:Private

Finances and disclosures

  • Price:$4,500,000
  • Price per sq. ft.:$928.41
  • Tax amount:$8,188 (2024)
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 10, 2026

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