588 Wallis Road, Rye, NH

Property Description

Here's your chance at a Rye single-family home: 588 Wallis Road, priced at $2,949,999. Expect 3 bedrooms, 1 bathroom and 1,376 square feet of living space. Homes like this trade on the fundamentals: space, privacy and a New Hampshire address that works year-round. Also on the sheet: garage parking for 1, 1965 construction and roughly $2,144 per square foot. Scroll on for current photos, the complete spec sheet and this Rye listing's market context.

Nestled in the heart of Rye, one of New Hampshire's most coveted coastal communities, this extraordinary 12.39-acre property offers a rare opportunity to create a private estate of exceptional scale, beauty, and permanence. Just moments from Wallis Sands Beach and minutes from downtown Portsmouth, the setting combines the tranquility of a secluded countryside retreat with the convenience of Seacoast living. Imagine arriving home down a long private drive, surrounded by mature trees, open space, and the sounds of nature, while remaining close to beaches, schools, restaurants, golf courses, and every amenity the Seacoast has to offer. Whether your vision includes a timeless New England estate, a modern coastal residence, guest accommodations, gardens, walking trails, or space for future generations to gather and create memories, this property provides the canvas to bring that dream to life. An existing 3-bedroom ranch residence is currently on site and has been substantially gutted, offering the flexibility to renovate, expand, or build anew. Extensive due diligence has already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom residence, allowing the next owner to focus on creating a home rather than navigating years of planning and approvals. Large private parcels in Rye are becoming increasingly rare. Properties of this size, location, and character are seldom available and often remain within families for generations. More than a property, this is an opportunity to establish a legacy in one of New England's most desirable coastal towns and create a place where family and friends will gather for decades to come.

Location Highlights

588 Wallis Road is a single family residence in Rye, New Hampshire, listed at $2,949,999. That works out to about $2,144 per square foot, for a home built in 1965. It has been on the market for 3 months.

At this latitude, Rye averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Zoned schools: Rye Elementary School (Elementary), Rye Junior High School (Middle), Portsmouth (High). Always confirm zoning with the district office.

Property Details

Essentials & finishes