Listed by BHHS Verani Upper Valley · Tyler J Hall · Cell: 802-359-2687
Single Family Residence · Lebanon, NH
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)
- Beds
- 3
- Baths
- 1
- Built
- 1935
- MLS®
- #5101403
Property Description
Welcome to 15 Payne Road, a single-family home in Lebanon, New Hampshire. The home offers 3 bedrooms and 1 bathroom, listed at $295,000. Single-family ownership here means your own land, your own walls and room to make the property yours. The numbers worth knowing: a 1.42-acre lot and 1935 construction. 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 single family residence in Lebanon, New Hampshire, listed at $295,000. The home was built in 1935. 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), LebanonHig (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
- Bedrooms
- 3
- Total Baths
- 1
- Full Baths
- 1
- Property Type
- Single Family Residence
- Year Built
- 1935
- County
- NH-Grafton
- Town
- Lebanon, NH
- Status
- Active
- Days on Market
- 89
Primary Features
- County
- NH-Grafton
- Property Type
- Residential
- Year Built
- 1935
- Zoning
- RL1
Interior Features
- Basement
- Yes
- Basement Access Type
- Interior
- Basement Description
- Unfinished
- 1/4 Baths
- 0
- 3/4 Baths
- 0
- Cooling
- None
- Electric
- Other
- Heating
- Other
- Rooms - Total
- 6
- SqFt-Approximate Finished Above Grade
- 0
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 0
- SqFt Approximate Total
- 1,912
Location Information
- School - District
- Lebanon School District
- School - Elementary
- Hanover Street School
- School - High
- LebanonHig
- School - Middle/Jr
- Lebanon Middle School
Financial Details
- Tax - Gross Amount
- $2,234
- Tax Year
- 2026
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Wood Frame, Wood Siding
- Covenants
- Unknown
- Flood Zone
- No
- Pre-Construction
- No
- Property Sub Type
- Single Family Residence
- Seasonal
- No
- Total Stories
- Two
- Surveyed
- Yes
- Timeshare/Fractional Ownership
- No
- Water Access Details
- Beach Access, Cross a Street to Access, Other
External Features
- Driveway
- Dirt, Gravel
- Foundation
- Concrete
- Garage
- No
- Lot Features
- Country Setting, Level, Open Lot, Trail/Near Trail, Walking Trails, Wooded, Near Paths, Near Snowmobile Trails, Neighborhood, Rural, Near Public Transit, Near Hospital, Near ATV Trail, Near School(s), Private
- Lot - Acres
- 1.42
- Lot - SqFt
- 61,855
- Road Frontage Type
- Paved, Public
- Road Frontage
- TBD
- Roof
- Shingle
- Sewer
- On-Site Septic Exists
- Utilities
- Other
- Water Source
- Spring
- Water Body Type
- River
MLS®: PrimeMLS #5101403; Listed by BHHS Verani Upper Valley · Tyler J Hall · Cell: 802-359-2687
Property History
Estimated annual taxes for this property
- 2024
- $5,015
- 2023
- $4,890
- 2022
- $4,764
Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.
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
- $761,983
- Price range
- $349,900 – $2,900,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$1,976/ mo
- Principal & Interest
- $1,492
- Property Tax
- $418
- Home Insurance
- $67
Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.
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
- LebanonHig
- 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.
How many bedrooms and bathrooms does 15 Payne Road have?
15 Payne Road in Lebanon, NH has 3 bedrooms and 1 bathroom.
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 country setting, level, open lot, wooded, rural 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 heating and cooling does 15 Payne Road have?
The MLS lists no heating details for 15 Payne Road in Lebanon, NH.
The MLS lists no cooling system.
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.
Does 15 Payne Road have a basement?
Yes. 15 Payne Road in Lebanon, NH has a basement with interior access.
The MLS describes it as unfinished.
What parking does 15 Payne Road have?
The MLS lists no garage at 15 Payne Road in Lebanon, NH; parking is off a dirt and gravel driveway.
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 LebanonHig (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 #5101403).
Status can change quickly; contact us to confirm availability before you visit.
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 type of home is 15 Payne Road?
15 Payne Road in Lebanon, NH is a single-family home built in 1935.
The MLS lists its style as Cape, with two stories.
What town is 15 Payne Road in?
15 Payne Road is in Lebanon, New Hampshire 03766, in Grafton County.
Location notes from the MLS: trail/near trail, walking trails, near paths, near snowmobile trails, near public transit and near hospital.
How does the price of 15 Payne Road compare with other Lebanon listings?
At $295,000, 15 Payne Road in Lebanon, NH is priced below the $520,000 median asking price of the 21 single-family homes for sale in Lebanon on PrimeMLS as of November 3, 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.
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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 11/03/26.