Newport NH For Sale $1,049,000

List Price:$Commercial Property $1,049,000
146 Elm Street Newport NH | Space type
MLS# 5048845
Listed by Nick Gray Gray Property Group, LLC on June 26th 2025
DESCRIPTION
An exceptional opportunity for builders and investors--this 6.49-acre parcel in Newport is fully approved for a 20-home conventional subdivision plus one lot for common open space. With frontage on Elm Street (331 feet) and the well-traveled John Stark Highway (466 feet), the site offers strong visibility, dual access, and a central, walkable location ideal for residential development. Zoned R-1 and served by municipal water and sewer, the plan includes lots ranging from 0.23 to 0.59 acres, averaging 0.31 acres each. The four largest lots--0.46, 0.55, 0.58, and 0.59 acres--offer flexibility for varied home designs and pricing. Developers may also consider a denser cluster-style layout with expanded common space, subject to town approval. The site includes limited wetlands, fully accounted for in the approved plan, which supports all 20 home sites as designed. The property borders Kathan Gardens & Gifts and is less than one mile from Newport's historic downtown. It's just 10 minutes from Mount Sunapee Resort and 20 minutes from Route I-89, with convenient access to New Hampshire's year-round recreation activities. With approvals in hand and utilities at the street, this is a rare chance to build in one of Sullivan County's most charming towns.
Sale Includes : Land Only
Management Expense-| $0
Insurance Expense -| $0
Net Income| 0
Gross Income| 0
Price per SQFT | 0.00
CONSTRUCTION
Price Per SQ.FT. 0.00
Year Built: 0
Road Frontage: 797
Electric: At Street
Utilities: None
No. of Docks | 0.
AC % | 0.
LAND INFORMATION
Lot size: 6.49 acres
Zoned: R-1)
Surveyed: Yes
SurveyedBy: Horizons Engine
Flood Zone: No
Road Frontage: 797
ADDITIONAL INFORMATION
Docs Available : Property Disclosure | Survey
Taxes $0 | Assesed Value $0 in

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