198 Lyme Road, Hanover, NH, 03755 | $2,400,000

Set in one of Hanover’s most desirable locations, this exceptional property offers privacy, lifestyle, and refined living just minutes from downtown. Originally built in 1850, this beautifully restored Cape blends historic charm with a substantial modern addition, creating an impressive 4, 500 sq. ft. home. A preserved portion of the antique home adds character, while the newer addition features an open-concept layout ideal for everyday living and entertaining. The home has been extensively renovated with radiant heat, updated baths, and a gourmet kitchen. A formal dining room and elegant living room with fireplace open through French doors to a wraparound covered porch overlooking perennial gardens, open fields, and established trails with fruit trees and berry bushes. Recent improvements include new kitchen flooring, updated lighting, fresh interior paint, and major climate upgrades with two whole-house heat pump/AC systems plus three split units serving the garage, first-floor bedroom, and den. A propane fireplace insert adds warmth and ambiance. The finished lower level offers flexible space for a home office, family room, and gym, with added lighting, shelving, and basement waterproofing. Exterior updates include a new roof, rebuilt dormers, full exterior repainting, new gutters, paved driveway, and a newly built three-car garage with electrical service, along with a rebuilt attached two-car garage and additional outbuildings. The landscaped grounds feature stone walls, gardens, expanded trails, fenced areas, and enhanced lighting and security systems. Numerous additional improvements have been completed—see full list of upgrades in the listing documents. Open House Saturday, May 30th 10am-12pm

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 three-quarter / 2 half
  • Style: Cape
  • Year Built: 1850
  • Garage: 5-car Garage
  • Heating: Oil,Radiant
  • Cooling: Central AC
  • Basement: Bulkhead,Concrete,Finished,Full,Interior Stairs,Storage Space,Sump Pump,Interior Access,Basement Stairs
  • Approx Sq. Feet: 5,151
  • Acreage: 4.5
  • Est. Taxes: $23,846
  • Lot Desc: Country Setting,Landscaped,Walking Trails
  • Elem. School: Bernice A. Ray School
  • Middle School: Frances C. Richmond Middle Sch
  • High School: Hanover High School
  • MLS#: 5090980
  • Website: https://www.raveis.com
    /eprop/5090980/198lymeroad_hanover_nh?source=qrflyer
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Listing courtesy of BHHS Verani Upper Valley   Phone: 603-643-8822
Listing Agent: Jaime Durell

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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

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198 Lyme Road, Hanover, NH, 03755

$2,400,000

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 $1,920,000 $1,920,000 $1,920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $1,987 $1,987 $1,987
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,751 $11,666 $16,073
Total Monthly Payment $12,863 $13,778 $18,185

* 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.