Now offered at $265,000, this is a true waterfront property — a rare find under $300,000 in New England. The new price reflects the results of the recent septic inspection and already accounts for future capital improvements, making it an outstanding opportunity for investors, cash buyers, and vacation property seekers alike. This property comes with both a full building inspection and a septic inspection report, giving buyers transparency and confidence. It’s a prime waterfront investment priced well below the typical $500K+ range for similar waterfront homes. With 175 feet of direct frontage on Nay Pond, it is ideal for swimming, fishing, or kayaking. 2 bedrooms plus a loft offers a cozy, flexible layout for guests, while the large deck overlooking the water is perfect for outdoor dining, entertaining, or sunset views. Recent updates include new structural supports & footings, freshly stained deck, and a 3-year-old water pump Whether you're expanding your investment portfolio or seeking a summer retreat with serious potential, this property offers built-in value and long-term upside.
Active
Listed by:
Cassie M Lambertson,
RE/MAX Northern Edge Realty LLC 603-752-0003
Price cut: $20K (9/26)
$265,000
205 Overlook Road, Milan, NH 03588
3beds
873sqft
Est.:
Single Family Residence
Built in 1962
0.5 Acres Lot
$-- Zestimate®
$304/sqft
$-- HOA
What's special
Waterfront locationStunning viewsLarge deckCozy bedrooms
- 256 days |
- 2,996 |
- 144 |
Zillow last checked: 8 hours ago
Listing updated: September 26, 2025 at 07:06am
Listed by:
Cassie M Lambertson,
RE/MAX Northern Edge Realty LLC 603-752-0003
Source: PrimeMLS,MLS#: 5008447
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Wood, Wood Stove
Cooling
- None
Features
- Has basement: No
Interior area
- Total structure area: 873
- Total interior livable area: 873 sqft
- Finished area above ground: 873
- Finished area below ground: 0
Property
Parking
- Parking features: Dirt
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
- Body of water: Nay Pond
- Frontage length: Road frontage: 100
Lot
- Size: 0.5 Acres
Details
- Parcel number: MILAM00195L000060S000000
- Zoning description: RURAL
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage/Camp
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Holding Tank
- Utilities for property: Other
Community & HOA
Location
- Region: Milan
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $133,700
- Annual tax amount: $2,917
- Date on market: 4/1/2025
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
$1,577/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Price change | $265,000-7%$304/sqft |
Source: | ||
| 7/29/2025 | Price change | $285,000-3.4%$326/sqft |
Source: | ||
| 4/1/2025 | Listed for sale | $295,000$338/sqft |
Source: | ||
| 8/28/2024 | Listing removed | $295,000$338/sqft |
Source: | ||
| 8/6/2024 | Listed for sale | $295,000$338/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,119 +6.9% | $133,700 |
| 2023 | $2,917 +7.1% | $133,700 |
| 2022 | $2,723 -3.4% | $133,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,578/mo
Principal & interest
$1028
Property taxes
$457
Home insurance
$93
Climate risks
Neighborhood: 03588
Nearby schools
GreatSchools rating
- 5/10Milan Village Elementary SchoolGrades: PK-6Distance: 4.8 mi
- 3/10Berlin Junior High SchoolGrades: 6-8Distance: 7.6 mi
- 3/10Berlin Senior High SchoolGrades: 9-12Distance: 7.6 mi
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