588 Wallis, Rye, NH 03870

Rye
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
588 Wallis,Rye, NH 03870
$2,949,999
  • 3 Beds
  • 1 Baths
  • 1,376 sq. ft.
  • Single family
  • Active
Listed by: edward perez, edward perez
Office: edward perez
MLS#:73536090
Source:MLSPIN

Price summary

  • Price:$2,949,999
  • Price per sq. ft.:$2,143.89

About this home

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.

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Home facts

  • Year built:1965
  • Listing ID #:73536090
  • Updated:August 02, 2026 at 11:11 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:7
  • Living area:1,376 sq. ft.

Heating and cooling

  • Heating:None

Structure and exterior

  • Roof:Shingle
  • Year built:1965
  • Building area:1,376 sq. ft.
  • Lot area:12.97 Acres
  • Architectural Style:Ranch
  • Construction Materials:Frame
  • Foundation Description:Concrete Perimeter

Schools

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

Utilities

  • Water:Private
  • Sewer:Private Sewer

Finances and disclosures

  • Price:$2,949,999
  • Price per sq. ft.:$2,143.89
  • Tax amount:$4,969 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Attached, Off Street
  • Garage:Yes
  • Garage spaces:1
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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