373 Calef Hwy

Lee, NH 03861

$1,900,000
Price
5,461,117 / 125.37
Lot Size / Acres
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Description

Super-sized lot, available for the first time ever.  This 125.37 acre parcel in desirable Lee is comprised of five separate but adjoining lots.  There is river frontage on the beautiful Little River, and lots of woods to roam.  The acreage would be perfect for a single mega-homesite or for a developer to build multiple homes, with the proper permitting.  Light commercial use might be possible as well, with a variance, as the property is currently zoned for residential use. Further subdivision could...Super-sized lot, available for the first time ever.  This 125.37 acre parcel in desirable Lee is comprised of five separate but adjoining lots.  There is river frontage on the beautiful Little River, and lots of woods to roam.  The acreage would be perfect for a single mega-homesite or for a developer to build multiple homes, with the proper permitting.  Light commercial use might be possible as well, with a variance, as the property is currently zoned for residential use. Further subdivision could be a possibility as well. The lot has a gravel driveway with a metal gate, as well as a cleared area with a little pond.  There are also a few shed type structures, as well as a small gated area with a cell tower.  The tower is maintained by SBA Communications, which has a permanent easement.  The company pays a significant amount of the property taxes too, which is a great bonus.  The other four lots are in Current Use. This acreage also boasts a terrific commuter location, as well as having good proximity to the Seacoast.   View this very special property today.
  1. Listed by Kristin Grenon • EXP Realty • Cell: 603-470-4729

Property Details for 373 Calef Highway

Water Body Type
River
Waterfront Property
Yes
Zoning
01-RES
LISTING UPDATED: 01/17/2026 03:59 AM

Property Details for 373 Calef Highway

StatusActive
MLS #5063226
Days on Market153
Taxes$8,285 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size125.37 AC
CountyStrafford County
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Location

Listing Courtesy of EXP Realty
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Building Information for 373 Calef Highway

Lot Size125.37 AC

Payment Calculator

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$9,951 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,260

Property Taxes

$690

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 373 Calef Highway

Summary
Location and General Information
  • City: Lee
  • County: NH-Strafford
  • Directions: From the Lee Traffic Circle, take Route 125 (Calef Highway) south until you reach the Lee USA Speedway on your right. The property is located across the road from the speedway. There is a metal gate on site, and a driveway to access the lot. Sign on property.
  • Latitude: 43.116701333642801
  • Longitude: -71.034190899658199
  • Road Frontage: Yes
  • State: NH
  • Street Designation: Highway
  • Map: 18
  • Zip Code: 03861
Taxes and HOA Information
  • Tax Year: 2024
  • Taxes TBD: No
Virtual Tour
Property
Lot Information
  • Block: 00
  • Lot: 3, 3-1, 9, 9-1, 12
  • Lot Features: Near Shopping, River Frontage, Timber, Wooded, Near School(s)
  • Lot Size Acres: 125.37
  • Road Frontage Length: 3040.0
  • Total Lots: 5
  • Water Body Access: Yes
  • Water Body Name: Little River
  • Waterfront Property Rights: Exclusively Owned
Property and Assessments
  • Current Use: Yes
  • Property Class: Land
  • Easements: Yes
  • Flood Zone: Unknown
  • Resort: No
  • Surveyed: Yes
  • Water Body Restrictions: Unknown
Utilities
  • Electric: At Street
  • Sewer: On-Site Septic Needed, Private
  • Water Source: On-Site Well Needed, Private
  • Utilities: Cable Available
  • Water Access Details: Directly Adjoining
  • Internet: High Speed Intrnt Avail

Property History for 373 Calef Highway

DateEvent & SourcePriceAppreciation
Sep 26, 2025

Listed (Active)

New England Real Estate Network #5063226

$2,000,000—
Feb 14, 2025

Sold

New England Real Estate Network #5027665

$131,000—
Jan 28, 2025

Pending

New England Real Estate Network #5027665

—
Jan 25, 2025

Listed (Active)

New England Real Estate Network #5027665

$125,000—
Nov 2, 2015

Expired

New England Real Estate Network #4377978

—
Aug 12, 2014

Listed (Active)

New England Real Estate Network #4377978

$225,000—
Jun 27, 2013

Listed (Active)

New England Real Estate Network #4250475

$299,000—
DateEvent & SourcePrice
09/26/2025

Listed (Active)

New England Real Estate Network #5063226

$2,000,000
02/14/2025

Sold

New England Real Estate Network #5027665

$131,000
01/28/2025

Pending

New England Real Estate Network #5027665

—
01/25/2025

Listed (Active)

New England Real Estate Network #5027665

$125,000
11/02/2015

Expired

New England Real Estate Network #4377978

—
08/12/2014

Listed (Active)

New England Real Estate Network #4377978

$225,000
06/27/2013

Listed (Active)

New England Real Estate Network #4250475

$299,000

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

Public Records for 373 Calef Highway

Taxable ValueLand$284,667Additions$700Total$285,367
Tax Record2024$7,354 ($613 / month)
Home Facts
Beds0Total Finished SqFt697 SqFtAbove Grade Finished SqFt697 SqFtLot Size957,013 SqFtStyleMiscellaneous Vacant LandYear Built1963ZoningRESCountySTRAFFORDAPNLLEE M:00018 B:000012 L:000000

Schools near 373 Calef Highway

This home is within Oyster River Coop School District.
Rating
School
Type
Grades
Distance
Mast Way School
Public - K to 4
Oyster River Middle School
Public - 5 to 8
Oyster River High School
Public - 9 to 13
Rating
School
Distance
Mast Way School
PublicK to 4

Oyster River Middle School
Public5 to 8

Oyster River High School
Public9 to 13

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 373 Calef Highway, Lee, NH 03861

373 Calef Highway is a 125.37 ac of land for sale in Lee, NH 03861. This property was listed for sale on September 26, 2025 by EXP Realty, it's currently listed at $1,900,000. It has been on the market for a total of 153 days and was last sold on February 14, 2025. This listing's school district is Oyster River Coop School District. Nearby schools include Mast Way School, Oyster River Middle School and Oyster River High School. 373 Calef Highway is a 0-bed, 0-bath, 125.37 ac of land on a 5,461,117 sq. ft. / 125.37 acres lot.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty

Copyright 2026 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 02/27/2026 02:47 PM