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500 Market Street, Portsmouth, NH

Condominium

For SaleActive
1 Beds|2 Baths|1,048 ft²|Built 1982|Portsmouth

Listed by KW Coastal and Lakes & Mountains Realty · Jeffrey Levine

Property Description

WATERFRONT END-UNIT Townhouse with breathtaking views at desirable Noble’s Island! Overlooking scenic North Mill Pond, this immaculate, turnkey condo offers stunning sunsets, ever-changing waterfront scenery, and a front-row seat to local wildlife including Blue Herons, ducks, Cormorants, and even the occasional seal. Enjoy your morning coffee or evening cocktail from the private balcony while taking in the peaceful water views. Located just a short walk to downtown Portsmouth, Prescott Park, Strawbery Banke, and Pierce Island, you will love the convenience of having award-winning restaurants, boutiques, coffee shops, and entertainment just moments away, including The Music Hall, Jimmy's Jazz & Blues Club, 3S Artspace, and Seacoast Repertory Theatre. Inside offers over 1,000 square feet of bright, inviting living space across two levels. The open-concept main floor features a spacious living and dining area centered around a cozy wood-burning fireplace, perfect for relaxing or entertaining. The kitchen is equipped with cherry cabinetry, Corian countertops, a tile backsplash, stainless steel appliances, and a beverage cooler. A powder room and first-floor laundry add convenience. Upstairs, the generous primary suite feels like a private retreat with a sitting area showcasing incredible water views and a full bath with tub. Recent upgrades include fresh paint, new hardwood flooring throughout, a new central A/C and heating system installed in 2026, and a new water heater in 2023. Professionally managed association, and a low condo fee of $406/month. Plenty of easy onsite parking. No pets allowed. Virtual tour and floor plan available. Here is your chance to own affordable waterfront living in one of Portsmouth’s most desirable locations!

Property Details

Essentials & finishes

  • Bedrooms:1
  • Total Baths:2
  • Full Baths:1
  • SqFt:1,048
  • Price / SqFt:$806.30
  • Property Type:Condominium
  • Year Built:1982
  • County:NH-Rockingham
  • Town:Portsmouth, NH
  • Status:Active
  • Days on Market:46

Primary Features

CountyNH-Rockingham
Property TypeResidential
Year Built1982
ZoningCD4-L1

Interior Features

AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer, Wine Cooler
BasementNo
1/4 Baths0
3/4 Baths0
CoolingCentral Air
ElectricCircuit Breakers
FlooringHardwood, Tile
HeatingElectric, Heat Pump, Hot Air
Interior FeaturesWood Fireplace, Living/Dining, Master BR w/ BA, Natural Light, 1st Floor Laundry
Rooms - Total4
SqFt-Approximate Finished Above Grade1,048
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished1,048
SqFt Approximate Total1,048

Location Information

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

Financial Details

Foreclosed / Bank-Owned / REONo
Association Fee$406
Fee FrequencyMonthly
Fee IncludesCondo Association Fee, Landscaping, Plowing, Trash
Tax - Gross Amount$7,828
Tax Year2025
Taxes TBDNo

Additional

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

External Features

DrivewayCommon/Shared, Paved
FoundationConcrete
GarageNo
Lot FeaturesWater View, Waterfront, In Town
ParkingOn Site, Parking Spaces 2
Road Frontage TypeAssociation
Road FrontageTBD
RoofAsphalt Shingle
SewerPublic Sewer
UtilitiesCable Connected
Water SourcePublic
Water Body TypeCove
MLS®: PrimeMLS #5091377; Listed by KW Coastal and Lakes & Mountains Realty · Jeffrey Levine

Property History

Annual taxes for this property

YearAssessed Tax
2024$14,365
2023$14,006
2022$13,647

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$5,646 / mo
  • Principal & Interest$4,273
  • Property Tax$1,197
  • Home Insurance$176

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.

$845,000/ Asking Price
For SaleActive
Est. $4,273 / 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)

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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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