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

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15 Payne Road, Lebanon, NH

Single Family Residence

For SaleActive

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

3 Beds|1 Baths|Built 1935|Lebanon

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: 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:75

Primary Features

CountyNH-Grafton
Property TypeResidential
Year Built1935
ZoningRL1

Interior Features

BasementYes
Basement Access TypeInterior
Basement DescriptionUnfinished
1/4 Baths0
3/4 Baths0
CoolingNone
ElectricOther
HeatingOther
Rooms - Total6
SqFt-Approximate Finished Above Grade0
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished0
SqFt Approximate Total1,912

Location Information

School - DistrictLebanon School District
School - ElementaryHanover Street School
School - HighLebanonHig
School - Middle/JrLebanon Middle School

Financial Details

Tax - Gross Amount$2,234
Tax Year2026
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionWood Frame, Wood Siding
CovenantsUnknown
Flood ZoneNo
Pre-ConstructionNo
Property Sub TypeSingle Family Residence
SeasonalNo
Total StoriesTwo
SurveyedYes
Timeshare/Fractional OwnershipNo
Water Access DetailsBeach Access, Cross a Street to Access, Other

External Features

DrivewayDirt, Gravel
FoundationConcrete
GarageNo
Lot FeaturesCountry 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 - Acres1.42
Lot - SqFt61,855
Road Frontage TypePaved, Public
Road FrontageTBD
RoofShingle
SewerOn-Site Septic Exists
UtilitiesOther
Water SourceSpring
Water Body TypeRiver
MLS®: PrimeMLS #5101403; Listed by BHHS Verani Upper Valley · Tyler J Hall · Cell: 802-359-2687

Property History

Estimated annual taxes for this property

YearEst. Tax
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 Lebanon50
  • Average list price$613,992
  • Price range$69,900 – $2,900,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
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, NHSource: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

ElementaryHanover Street School
MiddleLebanon Middle School
High SchoolLebanonHig
DistrictLebanon School District
$295,000/ Asking Price
For SaleActive

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

Est. $1,492 / mo20% down · 30yr · 6.5%

Owl’s Nest Real Estate estimate, not MLS data.

Tom DeMatteo

Tom DeMatteo

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Questions About This Listing

What type of home is 15 Payne Road?

Single-family home in Lebanon, New Hampshire, built in 1935.

How much does 15 Payne Road cost?

15 Payne Road in Lebanon, NH is listed at $295,000.

What area is 15 Payne Road in?

The property is in Lebanon, New Hampshire (03766).

How do I find 15 Payne Road on the MLS?

The MLS number is #5101403 (PrimeMLS), listed on July 23, 2026.

Is 15 Payne Road still available?

The listing's current MLS status is Active. Reach out and we can confirm availability and arrange a showing.

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 10/06/26.