Listed by BHHS Verani Upper Valley · Tyler J Hall · Cell: 802-359-2687

1 / 18

Land · Lebanon, NH

ActiveFor Sale

15 Payne Road, Lebanon, NH

$295,000

Est. $1,492/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)

MLS®
#5101398

Property Description

Welcome to 15 Payne Road, a parcel of land in Lebanon, New Hampshire. Buildable acreage in this part of New Hampshire keeps getting scarcer — a lot like this is a chance to site a home exactly the way you want it. The numbers worth knowing: a 1.42-acre lot. See the listing's full details below, and reach out for a private showing of 15 Payne Road.

Rare opportunity to own a 1.42-acre property in Lebanon, NH, ideally located along quiet Payne Road at the western tip of Mascoma Lake. Mostly cleared and level, the lot features mature trees that provide natural shade and privacy while offering ample space for your vision. The property abuts the Rail Trail, with direct access via a short path, making it easy to enjoy walking, biking, and outdoor recreation. An existing house with a poured concrete foundation is currently on site for new owners to consider, or to conduct their own due diligence regarding the condition. Conveniently located a short walk from Mascoma Lake and just minutes to Dartmouth Health, Dartmouth College, downtown Lebanon, and Hanover, this property offers an exceptional opportunity to create your ideal home in a highly desirable Upper Valley location.

Location Highlights

15 Payne Road is a land in Lebanon, New Hampshire, listed at $295,000. It has been on the market for 3 months.

From here it is 25.8 miles to Downtown Plymouth / Main Street and 30.6 miles to Owl's Nest Resort. At this latitude, Lebanon averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Zoned schools in the Lebanon School District: Hanover Street School (Elementary), Lebanon Middle School (Middle), Lebanon High School (High). Always confirm zoning with the district office.

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes

Property Type
Land
County
NH-Grafton
Town
Lebanon, NH
Status
Active
Days on Market
89

Primary Features

County
NH-Grafton
Property Type
Land
Zoning
RL1

Interior Features

Electric
Other

Location Information

School - District
Lebanon School District
School - Elementary
Hanover Street School
School - High
Lebanon High School
School - Middle/Jr
Lebanon Middle School

Financial Details

Tax - Gross Amount
$2,234
Tax Year
2026
Taxes TBD
No

Additional

Covenants
Unknown
Flood Zone
No
Resort
No
Surveyed
Yes
Water Access Details
Beach Access, Cross a Street to Access

External Features

Lot Features
Near Golf Course, Near Paths, Near Skiing, Near Snowmobile Trails, Neighborhood, Rural, Country Setting, Pasture, Level, Trail/Near Trail, Walking Trails, Wooded, Near Hospital, Near School(s), Private
Lot - Acres
1.42
Lot - SqFt
61,855
Road Frontage Type
Paved, Public
Road Frontage
TBD
Sewer
On-Site Septic Exists
Utilities
Other
Water Source
Spring
Water Body Type
River

MLS®: PrimeMLS #5101398; Listed by BHHS Verani Upper Valley · Tyler J Hall · Cell: 802-359-2687

Market Data

Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town

Active listings in Lebanon
55
Average list price
$789,900
Price range
$349,900 – $2,900,000

Mortgage Calculator

Estimate your monthly payment for this home

Loan Term

Estimated Monthly Payment

$1,745/ mo

Principal & Interest
$1,492
Property Tax
$186
Home Insurance
$67

Property tax: this home’s 2026 annual tax bill of $2,234, per PrimeMLS. The rest is an Owl’s Nest Real Estate estimate: insurance at 0.25% of home value/yr and PMI below 20% down. A sale can trigger a reassessment; confirm with the town assessor and your lender.

Around This Property

Schools, everyday places and nearby destinations near 15 Payne Road, Lebanon, NH

Assigned Schools

Elementary
Hanover Street School
Middle
Lebanon Middle School
High School
Lebanon High School
District
Lebanon School District

Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

Questions About This Listing

How much does 15 Payne Road cost?

15 Payne Road in Lebanon, NH is listed for $295,000 on PrimeMLS.

It came on the market on July 23, 2026.

Which brokerage has 15 Payne Road listed?

15 Payne Road in Lebanon, NH is listed by Tyler J Hall of BHHS Verani Upper Valley (603-643-8822).

Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.

What kind of property is 15 Payne Road?

15 Payne Road in Lebanon, NH is a parcel of land.

What town is 15 Payne Road in?

15 Payne Road is in Lebanon, New Hampshire 03766, in Grafton County.

Location notes from the MLS: near golf course, near paths, near skiing, near snowmobile trails, trail/near trail and walking trails.

What is the lot size of 15 Payne Road?

15 Payne Road in Lebanon, NH sits on 1.42 acres, per the MLS.

The lot is described as rural, country setting, pasture, level, wooded and private.

Zoning: RL1.

The MLS says the lot has been surveyed.

The MLS lists it as outside a flood zone.

What are the annual property taxes for 15 Payne Road?

Annual property taxes on 15 Payne Road in Lebanon, NH are $2,234 for the 2026 tax year, per the MLS.

New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Lebanon assessing office.

What are the water and sewer systems at 15 Payne Road?

15 Payne Road in Lebanon, NH has a private septic system, per the MLS.

MLS details — water: spring; sewer: on-site septic exists.

Plan a water test and septic inspection during your inspection period.

Is 15 Payne Road a waterfront property?

Yes. The MLS lists 15 Payne Road in Lebanon, NH as a waterfront property on a river.

Water access: beach access and cross a street to access.

Confirm frontage, shoreland rules and any dock or beach rights during due diligence.

What school district is 15 Payne Road in?

The MLS places 15 Payne Road in Lebanon, NH in the Lebanon School District.

Listed schools: Hanover Street School (elementary), Lebanon Middle School (middle) and Lebanon High School (high).

School assignments can change; confirm with the district.

Is 15 Payne Road still for sale?

Yes. 15 Payne Road in Lebanon, NH is listed as Active on PrimeMLS (MLS #5101398).

Status can change quickly; contact us to confirm availability before you visit.

How does the price of 15 Payne Road compare with other Lebanon listings?

At $295,000, 15 Payne Road in Lebanon, NH is priced above the $267,500 median asking price of the 16 land listings for sale in Lebanon on PrimeMLS as of November 5, 2026 (this listing included).

That figure is Owl's Nest Real Estate's analysis of active listings, and asking prices are not sale prices — ask us for recent comparable sales before you make an offer.

How can I see 15 Payne Road in person?

To see 15 Payne Road in Lebanon, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.

We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.

Similar Listings in Lebanon

PrimeMLS

NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

This listing data is intended 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. Data last updated 11/04/26.