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Listed by Matthew Lefebvre • Downtown Realty
$ 3,000,000
Est. payment | /mo
14.26 Acres Lot
$ 3,000,000
Est. payment | /mo
14.26 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5096134
Lot Size 14.260 Acres
Acres 14.26
Property Description
A rare, nearly shovel-ready development opportunity in the heart of New Hampshire's Lakes Region. This approximately 15-acre residential parcel is part of a larger mixed-use development known as Tilton Ridge on Route 3, just one mile from I-93 via Exit 20, offering exceptional visibility and accessibility in one of the region's most active growth corridors. The site carries an accepted variance for 120 residential units, currently proposed as 60 duplexes, with access to Route 3 via a deeded right-of-way through the adjacent mixed-use development — a thoughtfully assembled project that also includes self-storage and retail components under common ownership. The current owner, a 30-year Lakes Region developer, has completed the most time-consuming and costly entitlement work, handing a future buyer a well-advanced project without locking them into a rigid plan. Completed work includes an existing conditions survey, wetlands delineation (none on the residential site), a conceptual site plan accepted by zoning, an approved subdivision plan, NHDES-approved sewer hookup design and permits, a DOT traffic study and accepted driveway permit, and paved Route 3 aprons. Prior to closing, the seller will deliver recorded subdivision documents, all applicable easements, a roughed-in access road to the edge of the site, and both municipal water and sewer permitted and available to the residential parcel; significantly reducing day-one infrastructure burden for the incoming buyer. The seller is willing to negotiate participation in remaining buyer responsibilities, including the engineered driveway permit, and is open to an ongoing paid consulting role to assist with final Planning Board approvals, site design, and construction management. Potential exists for package sale of all components of the development to qualified buyers. This is an outstanding opportunity for a developer to capitalize on strong housing demand in the Lakes Region with the heavy lifting done.
Location
State NH
County Nh-belknap
Area Nh-Belknap
Zoning Resort Comm
Interior
Inclusions Land Only
Exterior
Utilities Available Other
Waterfront Description No
View Y/N No
View No
Building
Sewer Public Sewer at Street
Nearby Locations
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Kris Labrake
REALTOR® | Lic# 070372