159 State Street, Portsmouth, NH
Condominium
Listed by The Aland Realty Group · Jennifer Stevens
Property Description
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 cozy 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.
Property Details
Essentials & finishes
- Bedrooms:2
- Total Baths:2
- Full Baths:1
- SqFt:1,800
- Price / SqFt:$916.67
- Property Type:Condominium
- Year Built:1827
- County:NH-Rockingham
- Town:Portsmouth, NH
- Status:Active
- Days on Market:3
Primary Features
Interior Features
Location Information
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $28,050 |
| 2023 | $27,349 |
| 2022 | $26,648 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Portsmouth102
- Average list price$1,370,325
- Price range$339,900 – $4,250,000
- Market sentimentBuyer's Market
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- Principal & Interest$8,343
- Property Tax$2,338
- Home Insurance$344
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.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Buyer's MarketBased on 102 active · 0 sold in Portsmouth (last 90 days)
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