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159 State Street, Portsmouth, NH

Condominium

For SaleActive
2 Beds|2 Baths|1,800 ft²|Built 1827|Portsmouth

Listed by The Aland Realty Group · Jennifer Stevens

Property Description

Offered at $1,575,000, 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 $875 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 $1,575,000. That works out to about $875 per square foot, for a home built in 1827. It has been on the market for 2 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.

Property Details

Essentials & finishes

  • Bedrooms:2
  • Total Baths:2
  • Full Baths:1
  • SqFt:1,800
  • Price / SqFt:$875.00
  • Property Type:Condominium
  • Year Built:1827
  • County:NH-Rockingham
  • Town:Portsmouth, NH
  • Status:Active
  • Days on Market:63

Primary Features

CountyNH-Rockingham
Property TypeResidential
Year Built1827
ZoningCD4

Interior Features

AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Stove
BasementYes
Basement Access TypeInterior
Basement DescriptionFull, Partially Finished, Exterior Stairs
1/4 Baths0
3/4 Baths1
CoolingMini Split, Ductless
Electric150 Amp Service
HeatingBaseboard, Hot Water, Gas Stove, Mini Split, Ductless
Interior FeaturesCathedral Ceiling(s), Ceiling Fan(s), Elevator, Gas Fireplace, Kitchen Island, Primary BR w/ BA, Security Door(s)
Rooms - Total5
SqFt-Approximate Finished Above Grade1,800
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished1,800
SqFt Approximate Total1,800

Location Information

School - DistrictPortsmouth
School - ElementaryLittle Harbor School
School - HighPortsmouth
School - Middle/JrPortsmouth Middle School

Financial Details

Association Fee$1,056
Fee FrequencyMonthly
Fee IncludesLandscaping, Plowing, Sewer, Trash, Water
Tax - Gross Amount$12,295
Tax Year2026
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionMasonry, Post and Beam, Brick
CovenantsYes
Flood ZoneNo
Pre-ConstructionNo
Property Sub TypeCondominium
SeasonalNo
Total StoriesOne
SurveyedUnknown
Timeshare/Fractional OwnershipNo

External Features

ColorBrick
DrivewayPaved
FoundationBrick/Mortar, Stone
GarageNo
Lot FeaturesCity Lot, Condo Development, In Town, Near Shopping
ParkingAssigned, Deeded, Driveway, Parking Spaces 2
Road Frontage TypePublic
Road FrontageTBD
RoofAsphalt Shingle
SewerPublic
UtilitiesCable Available
Water SourcePublic
MLS®: PrimeMLS #5099227; Listed by The Aland Realty Group · Jennifer Stevens

Property History

Annual taxes for this property

YearAssessed Tax
2024$26,775
2023$26,106
2022$25,436

Estimated from list price; verify with the town assessor.

Market Data

Live snapshot computed from active listings in this town

  • Active listings in Portsmouth120
  • Average list price$1,160,650
  • Price range$469,900 – $2,500,000

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$10,523 / mo
  • Principal & Interest$7,964
  • Property Tax$2,231
  • Home Insurance$328

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

ElementaryLittle Harbor School
MiddlePortsmouth Middle School
High SchoolPortsmouth
DistrictPortsmouth
$1,575,000/ Asking Price
For SaleActive
Est. $7,964 / mo20% down · 30yr · 6.5%
Tom DeMatteo

Tom DeMatteo

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Questions About This Listing

What type of home is 159 State Street?

Condominium in Portsmouth, New Hampshire, built in 1827.

How many bedrooms and bathrooms does 159 State Street have?

The home has 2 bedrooms and 2 bathrooms.

It offers 1,800 square feet of living space.

What area is 159 State Street in?

The property is in Portsmouth, New Hampshire (03801).

How much does 159 State Street cost?

159 State Street in Portsmouth, NH is listed at $1,575,000.

That works out to about $875 per square foot.

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.