A truly rare opportunity to own direct waterfront on Great Bay with built-in income. Set on 2-acres with a private shoreline, this unique property features four town approved separate residential units across a charming farmhouse and barn, offering flexibility for investors, owner-occupants, or future redevelopment.The main residence is a classic New England farmhouse currently configured with two units, while the barn has been converted into 2 additional dwelling units. Whether you envision maintaining it as a multi-unit investment, transforming it into a stunning single-family waterfront estate, or exploring expansion possibilities (subject to town approvals), the true value lies in the land, location, and irreplaceable water frontage. From the property, enjoy sweeping views of Great Bay’s tidal waters and wildlife-a natural sanctuary just minutes from downtown Newmarket, Route 95, and the Seacoast. Properties with this combination of acreage, shoreline, and flexibility are exceptionally rare in the Seacoast region. Ideal for investors seeking a waterfront income property, buyers looking to create a legacy estate, or those wanting to secure a foothold on one of New Hampshire’s most beautiful bodies of water.
Active
Listed by: The Thomas Group of Northern New England, LLC
$995,000
274 Bay Road, Newmarket, NH 03857
6beds
3,264sqft
Est.:
Single Family Residence
Built in 1778
2 Acres Lot
$944,800 Zestimate®
$305/sqft
$-- HOA
What's special
Charming farmhouseNatural sanctuary
- 63 days |
- 4,965 |
- 112 |
Zillow last checked: 7 hours ago
Listing updated: March 10, 2026 at 07:41am
Listed by:
Bobbie Lynn Thomas,
The Thomas Group of Northern New England, LLC 603-703-7007
Source: PrimeMLS,MLS#: 5074153
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil, Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Washer, Electric Stove
Features
- Kitchen/Dining
- Flooring: Carpet, Laminate, Wood
- Basement: Bulkhead,Unfinished,Exterior Entry,Interior Entry
Interior area
- Total structure area: 7,532
- Total interior livable area: 3,264 sqft
- Finished area above ground: 3,264
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, Driveway, Off Street, Parking Spaces 5 - 10
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Trash, Garden, Shed
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond, Waterfront, Tidal
- Body of water: Great Bay
- Frontage length: Water frontage: 47,Road frontage: 235
Lot
- Size: 2 Acres
Details
- Parcel number: NMARMR1B11L
- Zoning description: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Clapboard Exterior, Vinyl Siding, Wood Siding
- Foundation: Fieldstone
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1778
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank
- Utilities for property: Cable
Community & HOA
Location
- Region: Newmarket
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $754,300
- Annual tax amount: $14,649
- Date on market: 1/16/2026
Estimated market value
$944,800
$898,000 - $992,000
$4,674/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2026 | Listed for sale | $995,000+1.6%$305/sqft |
Source:  PrimeMLS #5074140 Report a problem | ||
| 5/17/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 4/23/2021 | Listed for sale | $979,000+118.1%$300/sqft |
Source: RE/MAX International #4856958 Report a problem | ||
| 3/20/2012 | Sold | $448,800+5.6%$138/sqft |
Source: Public Record Report a problem | ||
| 6/1/2006 | Sold | $425,000$130/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,974 -10.6% | $754,300 +53.2% |
| 2023 | $14,518 +9.3% | $492,300 |
| 2022 | $13,287 +6% | $492,300 |
| 2020 | $12,534 +4.9% | $492,300 |
| 2019 | $11,943 -3.1% | $492,300 +16.8% |
| 2018 | $12,322 +9.4% | $421,400 |
| 2017 | $11,264 +5% | $421,400 |
| 2016 | $10,725 +2% | $421,400 |
| 2015 | $10,518 -3.1% | $421,400 |
| 2014 | $10,851 +10.7% | $421,400 +1.7% |
| 2012 | $9,804 +8.2% | $414,200 |
| 2009 | $9,059 | $414,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,275/mo
Principal & interest
$5131
Property taxes
$1144
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Climate risks
Neighborhood: 03857
Nearby schools
GreatSchools rating
- 9/10Newmarket Elementary SchoolGrades: PK-5Distance: 3 mi
- 4/10Newmarket Jr.-Sr. High (Elem)Grades: 6-8Distance: 2.7 mi
- 7/10Newmarket Jr.-Sr. High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Newmarket Elem School
- Middle: Newmarket Junior High School
- High: Newmarket Senior HS
- District: Newmarket SAU #31
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 03857
- New Hampshire
- Rockingham County
- Newmarket
- 03857
- 274 Bay Road
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