$4,100,000
$400K PRICE DROP

1191 Ocean Blvd Rye, NH 03870

Estimated payment $22,854/month

Total Views 6,484
6 Beds
4 Baths
4,847 Sq Ft
$846 Price per Sq Ft

Highlights

  • Beach Access
  • Views
  • Level Lot
  • Rye Elementary School Rated A

About This Home

Back on the Market! Double sized lot (just under 1 acre) in highly sought after coastal Rye, New Hampshire. One building is currently a seasonal restaurant/beach bar. The other is a year-round multi-family. Additional large storage barn in the rear of an expansive and open yard. This is a unique opportunity with many possible potential development uses in Rye's business zone with neighboring condo developments, commercial uses and high-end homes. Look forward from the property and you've got fabulous sunrises at one of the best beaches on the east coast. Look to the rear of the property and you'll see gorgeous sunsets and coastal wildlife. Amazing and rarely available development site. Call for info, do NOT inquire at the business on site.

Listing Agent

Alex Loiseau

Harris Real Estate License #067302 Listed on: 04/16/2026

Co-Listing Agent

Michelle Lee

Harris Real Estate License #075362

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,462

Year Built

  • Built in 1958

Lot Details

  • 38,333 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,847 Sq Ft Home
  • Property has 2 Levels
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • 200+ Amp Service
  • Private Sewer
  • Cable TV Available

Additional Features

  • Beach Access
  • Flood Zone Lot

Community Details

  • 5 Units

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,462

Year Built

Built in 1958

Lot Details

0.88 Acres

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1958
  • Display On Internet: Cable Internet
  • Architectural Style: Apartment Building, Multi-Family, Single Level
  • ResoLotFeatures: Level, Views, Beach Access
  • Road Frontage Type: Paved, Public
  • Co List Office Mls Id: 2075-00
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 4847.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Yes
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Driveway: Paved
  • Roof: Asphalt Shingle
  • Construction Type: Wood Frame
  • Foundation Details: Concrete Slab

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: 200+ Amp Service
  • Sewer: Private Sewer
  • Heating: Oil
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: Yes
  • Zoning: BUS
  • Lot Size Acres: 0.88
  • Lot Size Sq Ft: 38333.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7462.0
  • Tax Block: 0
  • Tax Lot: 30
  • Tax Map Number: 173

Multi Family

  • Number Of Units Total: 5

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,462 $891,500 $595,800 $295,700
2024 $7,683 $887,200 $595,800 $291,400
2023 $7,085 $882,300 $595,800 $286,500
2022 $6,158 $882,300 $595,800 $286,500
2021 $7,637 $747,300 $501,500 $245,800
2020 $7,637 $747,300 $501,500 $245,800
2019 $7,637 $747,300 $501,500 $245,800
2018 $7,546 $746,400 $501,500 $244,900
2017 $7,546 $746,400 $501,500 $244,900
2016 $6,999 $655,300 $423,400 $231,900
2013 $6,652 $606,400 $423,400 $183,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2026 05/17/26 Price Changed $4,100,000 -8.9% $846 / Sq Ft
04/16/2026 04/16/26 For Sale $4,500,000 -- $928 / Sq Ft
Source: PrimeMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $600,000 --
Warranty Deed $600,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Closed $480,000 New Conventional
Source: Public Records

Source: PrimeMLS

MLS Number: 5084038

PrimeMLS

APN: RYEE-000173-000000-000030

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