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Angelia Levesque
REALTOR®, SRES
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588 Wallis, Rye, NH 03870

$2,949,999
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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET1,376 MLS#73536090
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

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.

588 Wallis | MLS# 73536090

This single family home located at 588 Wallis, Rye, NH 03870 is currently listed for sale with an asking price of $2,949,999. This property was built in 1965 and has 3 bedrooms and 1 full baths with 1376 sq. ft. Search Rye real estate on angelialevesque.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Cooling: None
Fireplaces: 1
Garage: 1 car attached
Heating: None
Home Style: Ranch
Lot Size: 12.97 Acres
Roof Type: Shingle
Taxes: $4,969
Year Built: 1965

Amenities

Other
Other

Feature Descriptions

Appliances: Water Heater, Other
Building Area Total: 1376
Community Features: Golf, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Electric: 220 Volts
Exclusions: No Personal Property. Architectural Plans Available Separately Upon Request.
Exterior: Frame
Fireplace Y/N: Yes
Flooring: Other
Frontage: 100.00
GarageY/N: Yes
Lot Features: Other
Master Bathroom: No
Parcel Number: 745722
Parking Features: Attached, Off Street
Parking Total: 10
Rooms Total: 7
Sewer: Private Sewer
Water: Private
Waterfront Features: Ocean,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Local Schools

High School: Portsmouth High
Middle School: Rye Junior High
Elementary School: Rye Elementary

Listed By / Shown By

Listed By

Agency Name: Edward Perez
Agent Name: Edward Perez
Agency Phone: 603-498-4402

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Estimated Payment

$ 7,839.92 per month $6,565.42 Principal & Interest $414.08 Property Tax $860.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/15/2026. The listing information on this page last changed on 06/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/15/2026 8:52:40 PM EST) or MLSPIN MLS (last updated Mon 06/15/2026 8:46:54 PM EST) or Prime MLS (last updated Mon 06/15/2026 8:48:05 PM EST) or MREIS (last updated Mon 06/15/2026 8:48:14 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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