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187 Raleigh Way, Portsmouth, NH

Condominium

For SaleActive
2 Beds|2 Baths|994 ft²|Built 1917|Portsmouth

Listed by KW Coastal and Lakes & Mountains Realty · Mariele Chambers

Property Description

Welcome to Atlantic Heights — a fantastic opportunity to own in one of Portsmouth’s most desirable neighborhoods. This recently updated 2-bedroom, 1.5-bath home blends classic charm with thoughtful modern improvements. The updated kitchen features timeless cabinetry, countertops, and appliances, creating a clean and functional space for everyday living. The first floor offers new flooring throughout, while the convenience of a new washer and dryer in the dry basement adds to the home’s move-in-ready appeal. Exposed beams bring warmth and charm to the kitchen and dining room. What truly sets this property apart is the additional 220 square foot sun-filled family room with a half bath — a rare feature that distinguishes this home from traditional Atlantic Heights models. Filled with natural light and offering flexible living space, the family room opens directly to a private wood deck, through new sliders, extending the living area outdoors and creating an inviting setting for relaxing or entertaining. Ideally located just minutes from downtown Portsmouth, local shops, restaurants, parks, and commuter routes, this home offers the perfect combination of comfort, updates, and convenience. Open House Sunday May 17th 10am - 12pm.

Property Details

Essentials & finishes

  • Bedrooms:2
  • Total Baths:2
  • Full Baths:1
  • SqFt:994
  • Price / SqFt:$481.89
  • Property Type:Condominium
  • Year Built:1917
  • County:NH-Rockingham
  • Town:Portsmouth, NH
  • Status:Active
  • Days on Market:65

Primary Features

CountyNH-Rockingham
Property TypeResidential
Year Built1917
ZoningGRB

Interior Features

BasementYes
Basement Access TypeWalk-up
Basement DescriptionBulkhead, Interior Stairs
1/4 Baths0
3/4 Baths0
CoolingNone
ElectricCircuit Breakers
HeatingOil, Radiator
Rooms - Total5
SqFt-Approximate Finished Above Grade994
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished994
SqFt Approximate Total1,375

Financial Details

Foreclosed / Bank-Owned / REONo
Association Fee$150
Fee FrequencyMonthly
Fee IncludesHOA Fee
Tax - Gross Amount$4,368
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionBrick
CovenantsYes
Flood ZoneNo
Pre-ConstructionNo
Property Sub TypeCondominium
SeasonalNo
Total StoriesTwo
SurveyedUnknown
Timeshare/Fractional OwnershipNo

External Features

DrivewayCommon/Shared
FoundationBlock
GarageNo
Lot FeaturesSubdivided
Road Frontage TypePublic Maintained Road
Road FrontageYes
Road Frontage Length50
RoofAsphalt Shingle
SewerPublic Sewer
UtilitiesCable Available
Water SourcePublic
MLS®: PrimeMLS #5087364; Listed by KW Coastal and Lakes & Mountains Realty · Mariele Chambers

Property History

Annual taxes for this property

YearAssessed Tax
2024$8,143
2023$7,939
2022$7,736

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

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$3,200 / mo
  • Principal & Interest$2,422
  • Property Tax$679
  • Home Insurance$100

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.

$479,000/ Asking Price
For SaleActive
Est. $2,422 / mo20% down · 30yr · 6.5%
Tom DeMatteo

Tom DeMatteo

Owl’s Nest Real Estate · Questions?

401-648-5308

Market Sentiment

Buyer's Market
Buyer’s MarketBalancedSeller’s Market

Based on 102 active · 0 sold in Portsmouth (last 90 days)

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.

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Owl's Nest Real Estate

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is 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. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.

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