Listed by The Aland Realty Group · Jennifer Stevens · 603-501-0463
Condominium · Portsmouth, NH
159 State Street, Portsmouth, NH
$1,490,000
$1,575,000 · changed Oct 6, 2026
Est. $7,534/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)
- Beds
- 2
- Baths
- 2
- Sq Ft
- 1,800
- Built
- 1827
- MLS®
- #5099227
Property Description
Offered at $1,490,000, this Portsmouth condominium at 159 State Street pairs New Hampshire living with everyday convenience. It counts 2 bedrooms, 2 bathrooms and 1,800 square feet of living space. Condos in this corridor are the low-maintenance way into the market — association-managed exteriors, shared amenities and predictable monthly costs. Beyond the basics, the listing carries 1827 construction and roughly $828 per square foot. Everything below — photos, details, schools and market data — updates live from the MLS.
Welcome to the penthouse at the historic Sheafe House, where timeless New England character meets sophisticated downtown living. Originally built in 1827 and completely renovated in 2005, this residence seamlessly blends historic architectural details with modern amenities, including new masonry work in both the unit interior walls and building exterior walls, updated HVAC and sprinkler systems, and secure elevator that opens directly into the condo. Located in the heart of downtown Portsmouth, this exceptional home is just steps from Prescott Park, the waterfront, restaurants, boutiques, and everything the city has to offer. The TWO DEEDED PARKING SPACES are a rare downtown luxury. Inside, cathedral ceilings, exposed brick walls, original wood beams, and abundant natural light create a stunning living space. The open-concept layout features a gourmet kitchen with an oversized granite island, premium stainless steel appliances and a custom iron pot rack handcrafted by a local blacksmith. A gas stove adds warmth and ambiance. The spacious primary suite offers room for a king-sized bed and sitting area or home office, along with a luxurious en-suite bath featuring a soaking tub and walk-in tiled shower. A separate guest wing includes a second bedroom and adjacent ¾ bath, providing privacy for family or visitors. Three ductless mini-split A/C/heat pump units, gas heat, and generous in-unit storage ensure year-round comfort. Enjoy views of the Memorial Bridge and North Church steeple from this one-of-a-kind penthouse. Outside, beautiful granite front steps provide the perfect place to relax with a morning coffee or evening beverage while taking in the vibrant downtown atmosphere. Professionally managed and pet-friendly, this turnkey home offers secure luxury living in one of Portsmouth's most desirable historic buildings. Furnishings are negotiable, making this an exceptional opportunity to move right in and enjoy the very best of downtown Portsmouth living.
Location Highlights
159 State Street is a condominium in Portsmouth, New Hampshire, listed at $1,490,000. That works out to about $828 per square foot, for a home built in 1827. It has been on the market for 4 months.
At this latitude, Portsmouth averages roughly 8.4 hours of sun a day in June and 3.6 in December.
Zoned schools in the Portsmouth: Little Harbor School (Elementary), Portsmouth Middle School (Middle), Portsmouth (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
- 2
- Total Baths
- 2
- Full Baths
- 1
- SqFt
- 1,800
- Price / SqFt
- $827.78
- Property Type
- Condominium
- Year Built
- 1827
- County
- NH-Rockingham
- Town
- Portsmouth, NH
- Status
- Active
- Days on Market
- 102
Primary Features
- County
- NH-Rockingham
- Property Type
- Residential
- Year Built
- 1827
- Zoning
- CD4
Interior Features
- Appliances
- Dishwasher, Disposal, Dryer, Refrigerator, Electric Stove, Washer
- Basement
- Yes
- Basement Access Type
- Interior
- Basement Description
- Full, Partially Finished, Exterior Stairs
- 1/4 Baths
- 0
- 3/4 Baths
- 1
- Cooling
- Mini Split, Ductless
- Electric
- 150 Amp Service
- Heating
- Baseboard, Ductless, Hot Water, Mini Split, Gas Stove
- Interior Features
- Cathedral Ceiling(s), Ceiling Fan(s), Elevator, Gas Fireplace, Kitchen Island, Primary BR w/ BA, Security Door(s)
- Rooms - Total
- 5
- SqFt-Approximate Finished Above Grade
- 1,800
- SqFt-Approximate Finished Below Grade
- 0
- SqFt Approximate Total Finished
- 1,800
- SqFt Approximate Total
- 1,800
Location Information
- School - District
- Portsmouth
- School - Elementary
- Little Harbor School
- School - High
- Portsmouth
- School - Middle/Jr
- Portsmouth Middle School
Financial Details
- Association Fee
- $1,056
- Fee Frequency
- Monthly
- Fee Includes
- Landscaping, Plowing, Sewer, Trash, Water
- Tax - Gross Amount
- $12,295
- Tax Year
- 2026
- Taxes TBD
- No
Additional
- Construction Status
- Existing
- Construction
- Brick, Masonry, Post and Beam
- Covenants
- Yes
- Flood Zone
- No
- Pre-Construction
- No
- Property Sub Type
- Condominium
- Seasonal
- No
- Total Stories
- One
- Surveyed
- Unknown
- Timeshare/Fractional Ownership
- No
External Features
- Color
- Brick
- Driveway
- Paved
- Foundation
- Brick/Mortar, Stone
- Garage
- No
- Lot Features
- City Lot, Condo Development, In Town, Near Shopping
- Parking
- Assigned, Deeded, Driveway, Parking Spaces 2
- Road Frontage Type
- Public
- Road Frontage
- TBD
- Roof
- Asphalt Shingle
- Sewer
- Public
- Utilities
- Cable Available
- Water Source
- Public
MLS®: PrimeMLS #5099227; Listed by The Aland Realty Group · Jennifer Stevens · 603-501-0463
Property History
Estimated annual taxes for this property
- 2024
- $25,330
- 2023
- $24,697
- 2022
- $24,064
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 Portsmouth
- 124
- Average list price
- $1,116,133
- Price range
- $425,000 – $2,775,000
Mortgage Calculator
Estimate your monthly payment for this home
Estimated Monthly Payment
$9,956/ mo
- Principal & Interest
- $7,534
- Property Tax
- $2,111
- Home Insurance
- $310
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 159 State Street, Portsmouth, NH
Assigned Schools
- Elementary
- Little Harbor School
- Middle
- Portsmouth Middle School
- High School
- Portsmouth
- District
- Portsmouth
Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.
Questions About This Listing
How much does 159 State Street cost?
159 State Street in Portsmouth, NH is listed for $1,490,000 on PrimeMLS.
That is about $828 per square foot of finished living space.
It came on the market on July 10, 2026.
How many bedrooms and bathrooms does 159 State Street have?
159 State Street in Portsmouth, NH has 2 bedrooms and 2 bathrooms (1 full and 1 three-quarter) in 1,800 square feet of finished living space.
What parking does 159 State Street have?
The MLS lists no garage at 159 State Street in Portsmouth, NH; parking is off a paved driveway.
Parking details: assigned, deeded, driveway and parking spaces 2.
What school district is 159 State Street in?
The MLS places 159 State Street in Portsmouth, NH in the Portsmouth school district.
Listed schools: Little Harbor School (elementary), Portsmouth Middle School (middle) and Portsmouth (high).
School assignments can change; confirm with the district.
Is 159 State Street still for sale?
Yes. 159 State Street in Portsmouth, NH is listed as Active on PrimeMLS (MLS #5099227).
Status can change quickly; contact us to confirm availability before you visit.
Which brokerage has 159 State Street listed?
159 State Street in Portsmouth, NH is listed by Jennifer Stevens of The Aland Realty Group (603-501-0463).
Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.
What type of home is 159 State Street?
159 State Street in Portsmouth, NH is a condominium built in 1827.
The MLS lists its style as Colonial, Top Floor, with one story.
What town is 159 State Street in?
159 State Street is in Portsmouth, New Hampshire 03801, in Rockingham County.
Location notes from the MLS: in town and near shopping.
What are the annual property taxes for 159 State Street?
Annual property taxes on 159 State Street in Portsmouth, NH are $12,295 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 Portsmouth assessing office.
What are the association fees for 159 State Street?
The association fee for 159 State Street in Portsmouth, NH is $1,056 (monthly), per the MLS.
The MLS lists the fee as covering landscaping, plowing, sewer, trash and water.
Ask for the association documents and budget to see exactly what the fee covers.
What heating and cooling does 159 State Street have?
159 State Street in Portsmouth, NH is heated by baseboard, ductless, hot water, mini split and gas stove, per the MLS.
Cooling: mini split and ductless.
What are the water and sewer systems at 159 State Street?
159 State Street in Portsmouth, NH has public water and public sewer, per the MLS.
MLS details — water: public; sewer: public.
Electric: 150 amp service.
Other utilities: cable available.
Does 159 State Street have a basement?
Yes. 159 State Street in Portsmouth, NH has a basement with interior access.
The MLS describes it as full, partially finished and exterior stairs.
What are the key features of 159 State Street?
Inside, the MLS lists these features at 159 State Street in Portsmouth, NH: cathedral ceiling(s), ceiling fan(s), elevator, gas fireplace, kitchen island, primary BR w/ BA and security door(s).
Listed appliances: dishwasher, disposal, dryer, refrigerator, electric stove and washer; confirm which ones convey in the purchase agreement.
How does the price of 159 State Street compare with other Portsmouth listings?
At $1,490,000, 159 State Street in Portsmouth, NH is priced above the $659,900 median asking price of the 69 condos for sale in Portsmouth 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 159 State Street in person?
To see 159 State Street in Portsmouth, 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.