1191-1193 Ocean Blvd

Rye, NH 03870

$4,500,000
Price
6
Beds
6
Baths
4,847 Sq. Ft.
$928 / Sq. Ft.
4,847
Sq. Ft.
$928
per Sq. Ft.

Description

An exceptional investment opportunity along Rye’s Ocean Boulevard—just moments from Wallis Sands Beach. This rare offering features five residential units plus a seasonal restaurant, combining strong rental income with long-term redevelopment potential in one of the Seacoast’s most desirable coastal settings. 1193 Ocean Boulevard includes two 1BR/1BA apartments on the first floor and a spacious 3BR residence on the second floor. 1191 Ocean Boulevard offers a first-floor studio apartment along with...An exceptional investment opportunity along Rye’s Ocean Boulevard—just moments from Wallis Sands Beach. This rare offering features five residential units plus a seasonal restaurant, combining strong rental income with long-term redevelopment potential in one of the Seacoast’s most desirable coastal settings. 1193 Ocean Boulevard includes two 1BR/1BA apartments on the first floor and a spacious 3BR residence on the second floor. 1191 Ocean Boulevard offers a first-floor studio apartment along with a well-established seasonal restaurant and bar featuring indoor dining, outdoor seating, a takeout window, and ample parking. Together, the properties deliver versatility, steady cash flow, and exciting upside. With direct marsh frontage, ocean breezes, and the sound of waves just steps away, this property embodies the coastal lifestyle tenants and guests are drawn to. Investors may continue operations as-is, expand residential offerings, or redevelop the parcels into luxury condominiums, multifamily residences, or even a signature single-family estate. A rare chance to secure prime coastal real estate with scale, flexibility, and location—all within walking distance to the sand, surf, and sunsets of Wallis Sands Beach. All units currently rented. Please do not solicit information on site.
  1. Listed by Brett Mulvey • Tate & Foss Sotheby's International Rlty

Property Details for 1191-1193 Ocean Boulevard

Water View
No
Zoning
BUS, RES, MDL
LISTING UPDATED: 08/21/2025 09:08 PM

Property Details for 1191-1193 Ocean Boulevard

StatusActive
MLS #5057766
Days on Market125
Taxes$8,188 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1958
Lot Size0.88 AC / 38,332 SF
CountyRockingham County

Location

Listing Courtesy of Tate & Foss Sotheby's International Rlty
Add your commute

Building Information for 1191-1193 Ocean Boulevard

Stories2Residences5Year Built1958Building Size-Lot Size0.88 AC / 38,332 SF

Payment Calculator

$22,918 per month

30 year fixed, 6.28% Interest

Principal and Interest

$22,236

Property Taxes

$682

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1191-1193 Ocean Boulevard

Summary
Location and General Information
  • City: Rye
  • County: NH-Rockingham
  • Latitude: 43.022802312679325
  • Longitude: -70.733465932540909
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Boulevard
  • Map: 173
  • Zip Code: 03870
Taxes and HOA Information
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Block: 000
  • Lot: 030
  • Lot Features: Level, View, Beach Access
  • Lot Size Acres: 0.88
  • Road Frontage Length: 216.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Yes
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1958
Utilities
  • Electric: 200+ Amp Service
  • Sewer: Private
  • Water Source: Public
  • Utilities: Cable
  • Internet: Cable Internet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Asphalt Shingle
Interior Features
  • Basement: No
  • Heating: Oil
  • Cooling: None
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 5
  • Total 1 BR Units: 3
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 1
  • Unit 1 Status: Owner Occupied
  • Unit 1 Rooms: 3
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Status: Owner Occupied
  • Unit 2 Level Number: 1
  • Unit 2 Bedrooms: 1
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 5
  • Unit 3 Level Number: 2
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 3
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Level Number: 1
  • Unit 4 Rooms: 2
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
Unit 5
  • Unit 5 Level Number: 1
  • Unit 5 Style: Restaurant
  • Unit 5 Baths: 2
  • Unit 5 Bedrooms: 0
  • Unit 5 Rooms: 5

Property History for 1191-1193 Ocean Boulevard

DateEvent & SourcePriceAppreciation
Aug 21, 2025

Listed (Active)

New England Real Estate Network #5057766

$4,500,000—
Aug 19, 2025

Listed (Active)

New England Real Estate Network #5057292

$4,500,000—
Aug 18, 2025

Listed (Active)

New England Real Estate Network #5057101

$4,500,000—
Jan 21, 2011

Listed (Active)

New England Real Estate Network #4041418

$850,000—
Jan 21, 2011

Listed (Active)

New England Real Estate Network #4041461

$850,000—
Sep 6, 2010

Listed (Active)

New England Real Estate Network #4022608

$925,000—
DateEvent & SourcePrice
08/21/2025

Listed (Active)

New England Real Estate Network #5057766

$4,500,000
08/19/2025

Listed (Active)

New England Real Estate Network #5057292

$4,500,000
08/18/2025

Listed (Active)

New England Real Estate Network #5057101

$4,500,000
01/21/2011

Listed (Active)

New England Real Estate Network #4041418

$850,000
01/21/2011

Listed (Active)

New England Real Estate Network #4041461

$850,000
09/06/2010

Listed (Active)

New England Real Estate Network #4022608

$925,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1191-1193 Ocean Boulevard

This home is within Rye School District.
Rating
School
Type
Grades
Distance
Rye Elementary School
Public - PK to 4
Rye Junior High School
Public - 5 to 8
Rating
School
Distance
Rye Elementary School
PublicPK to 4

Rye Junior High School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1191-1193 Ocean Boulevard, Rye, NH 03870

1191-1193 Ocean Boulevard is a multi-family home for sale in Rye, NH 03870. This property was listed for sale on August 21, 2025 by Tate & Foss Sotheby's International Rlty, it's currently listed at $4,500,000. This listing's school district is Rye School District. Nearby schools include Rye Elementary School and Rye Junior High School. 1191-1193 Ocean Boulevard is a 6-bed, 6-bath, 4,847 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tate & Foss Sotheby's International Rlty

Copyright 2025 PrimeMLS, 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 PrimeMLS. 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 12/24/2025 04:44 PM