389 Sagamore Road, Rye, NH, 03870 | $1,600,000

Prime Rye, NH Building Lot with Approved PLANS+PERMITS+BUILDER TIE-IN Rare opportunity to build in desirable Rye, NH! This . 40-acre lot comes with a building permit in place for a thoughtfully designed 3-bedroom, 3-bath home totaling approximately 2, 400 square feet. Save months of planning and approvals and move straight into the building phase, and work with the builder. The approved building permit design offers a well-balanced layout ideal for modern coastal living, with generous living spaces, private bedroom suites, two car attached garage and flexibility for today’s lifestyle needs. The lot provides ample room for outdoor enjoyment while remaining low-maintenance, perfect for year-round living or a seaside retreat. Located just minutes from Rye’s beautiful beaches, local schools, and Portsmouth amenities, this property offers the perfect blend of coastal charm and convenience. Whether you’re a builder, investor, or future homeowner, take this opportunity to bring your vision to life in one of New Hampshire’s most sought-after communities Rye NH. Known for high quality living with low tax rates and proxy to the sea and mountains. And one hour to Boston, and one hour to Portland, Me. Build now and customize finishes to make this Rye home truly your own, and work with the builder. $1. 6M

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Style: Contemporary
  • Garage: 2-car Garage
  • Heating: Other
  • Cooling: Other
  • Basement: Concrete,Full
  • Approx Sq. Feet: 2,400
  • Acreage: 0.39
  • Est. Taxes: $4,897
  • Lot Desc: City Lot
  • Elem. School: Rye Elementary School
  • Middle School: Rye Junior High School
  • School District: Rye
  • MLS#: 5075055
  • Website: https://www.raveis.com
    /eprop/5075055/389sagamoreroad_rye_nh?source=qrflyer
©2026 New England Real Estate Network, 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 PrimMLS. 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. Data last updated 4/17/2026
Listing courtesy of The Aland Realty Group   Phone: 603-501-0463
Listing Agent: Keper Connell

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

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Our Insurance Division:

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389 Sagamore Road, Rye, NH, 03870

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment $408 $408 $408
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,068 $7,674 $10,629
Total Monthly Payment $7,601 $8,207 $11,162

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.