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  • Listed by: 

    Brett Mulvey,

    Tate & Foss Sotheby's International Rlty 603-964-8028

    $4,500,000

    1191 - 1193 Ocean Boulevard, Rye, NH 03870

    7beds
    4,847sqft
    : 
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $928/sqft
    $-- HOA

    What's special

    Direct marsh frontage
    Just steps from Wallis Sands Beach, this rare Rye offering presents an unmatched opportunity to create your dream coastal retreat. With direct marsh frontage, the sound of waves crashing, and potential for sweeping marsh and ocean views this property captures the very best of Seacoast living. Imagine morning beach walks, paddleboarding or surfing by day, and sunsets over the ever-changing marsh in the evening. The rhythm of the tides, ocean breezes, and year-round natural beauty create the perfect backdrop for a grand single-family estate designed to maximize both sunrise and sunset views. Whether you envision a serene coastal escape, a home built for entertaining, or a legacy estate for generations to enjoy, this setting offers endless possibilities. Ample space across two adjoining parcels allows for flexible design, while expansion upward can unlock breathtaking panoramas of both the Atlantic and the marshlands. Here, the Seacoast lifestyle is yours: surf, sand, bike rides along the Boulevard, and the peaceful sound of waves just outside your door. Rarely does a property with this combination of proximity to Wallis Sands, acreage, and redevelopment potential come to market—an inspiring canvas ready for your vision. All units currently rented as a restaurant and 4 residential units. Do not solicit information on site.
    138 days
    |
    995
    |
    8
    |

    Zillow last checked: 8 hours ago

    Listing updated: August 21, 2025 at 02:05pm

    Listed by:

    Brett Mulvey,

    Tate & Foss Sotheby's International Rlty 603-964-8028

    Source: PrimeMLS,MLS#: 5057101MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Oil
    Cooling
    • None
    Features
    • Basement: Crawl Space,Slab
    Interior area
    • Total structure area: 4,847
    • Total interior livable area: 4,847 sqft
    • Finished area above ground: 4,847
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two,Multi-Level
    • Stories: 2
    • Has view: Yes
    • View description: Water
    • Water view: Water
    • Waterfront features: River, Wetlands
    • Frontage length: Road frontage: 216
    Lot
    • Size: 0.88 Acres
    • Features: Level, Neighbor Business, Views
    Details
    • Zoning description: BUS, RES, MDL

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Concrete Slab
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Private Sewer
    • Utilities for property: Cable

    Community & HOA

    Location
    • Region: Rye

    Financial & listing details

    • Price per square foot: $928/sqft
    • Annual tax amount: $8,188
    • Date on market: 8/18/2025
    • Exclusions: Business is excluded from the sale.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    8/18/2025Listed for sale$4,500,000$928/sqft
    Source: PrimeMLS #5057101 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $24,199/mo
    Principal & interest
    $17449
    Property taxes
    $5175
    Home insurance
    $1575

      Climate risks

      Neighborhood: 03870

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Rye Elementary School
      • Middle: Rye Junior High School
      • High: Portsmouth High School
      • District: Greenland Sch District SAU #50

      Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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