111 Chestnut Hill Rd, New Boston, NH

Name: 111 Chestnut Hill Rd, For Sale in New Boston - Zoocasa
Brand: Gibson Sotheby's International Realty
SKU: 5093798
Price: 1 USD

House

For Sale

Listed price in listed location currency (USD).

000

MLS® 5093798

Overview

Key Facts

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Levels Land

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Garage

Taxes $2,025

Days Active 0

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MLS® Number 5093798

Property Address: 111 Chestnut Hill Rd, New Boston, NH, 03070

Average square foot calculated using Size range provided by listing agent.

Description

111 Chestnut Hill Road | New Boston, NH 105 Acre Residential Development Opportunity Exceptional opportunity to acquire a 105 acre development site in New Boston, NH with significant entitlement and due diligence work already completed. Located within the Small Scale Commercial District, the property has secured a zoning variance permitting age-restricted housing, with no known appeals currently pending. Current conceptual plans support approximately 107 residential units, consisting of 72 senior housing units and 35 workforce housing units, creating a unique opportunity to address two of New Hampshire's most in-demand housing segments. Extensive project planning and analysis have already been completed, including conceptual engineering, septic feasibility studies, well siting evaluations, wetlands delineation, topographic surveys, soil investigations, environmental reviews, traffic studies, and cultural resource assessments. A traffic impact study concluded that no improvements to Chestnut Hill Road are warranted for the proposed development. The project also benefits from a favorable regulatory environment, including recent New Hampshire housing legislation encouraging multifamily development within commercial districts and reducing parking requirements for residential projects. Key highlights include: • 105± acres in a desirable Southern New Hampshire location • Zoning variance approved for senior housing development • Conceptual plan for 107 residential units • Extensive engineering, environmental, and feasibility work completed • Traffic study completed with favorable findings • Significant advancement through the entitlement process The project is currently progressing through the municipal and state permitting process, offering developers the opportunity to acquire a large-scale residential development with substantial groundwork already completed while maintaining flexibility to refine the final product and approval strategy. Comm use by right.

MLS® Number5093798

Laundry Level

Central VacNo

FireplaceNo

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