588 Wallis Rd

Rye, NH 03870

$2,949,999
Price
3
Beds
1,376 Sq. Ft.
$2,144 / Sq. Ft.
1,376
Sq. Ft.
$2,144
per Sq. Ft.
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New
New

Description

12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed,...12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom home. The building envelope has been cleared and prepared, providing a significant head start for the next owner. Under single ownership and not capable of subdivision, this exceptional parcel offers privacy, natural beauty, and the opportunity to create a landmark estate in one of the Seacoast's most sought-after locations. Surrounded by luxury homes and protected open space.
  1. Listed by Edward Perez • Edward Perez

Property Details for 588 Wallis Road

Town
Rye
Area
NH-Rye
Architectural Style
Ranch
Style
Ranch
Garage Spaces
1
Open Parking Spaces
9.00
Parking Spaces Total
10
LISTING UPDATED: 06/15/2026 08:42 PM

Property Details for 588 Wallis Road

StatusNew
MLS #73536090
Days on Market1
Taxes$4,969 / year
HOA Fees-
Property TypeSingle Family
MLS TypeSingle Family / Detached
Year Built1965
CountyRockingham County
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Location

Listing Courtesy of Edward Perez
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Building Information for 588 Wallis Road

Stories-Year Built1965Building Size-Lot Size12.97 AC / 564,973 SF

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$15,114 per month

30 year fixed, 6.36% Interest

Principal and Interest

$14,700

Property Taxes

$414

HOA Dues

$0

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Property Information for 588 Wallis Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Golf Course, Public School
  • Living Area: 1376.0
  • Color: Yellow
  • SqFt with Basement: No
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Rye Elementary
  • High School: Portsmouth High
  • Middle School: Rye Junior High
Features
Interior Features
  • Appliances: Water Heater, Other
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Other
  • Interior Features: Other(See Remarks)
  • Interior Features: Other(See Remarks)
  • Primary Bath: No
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Other (See Remarks)
  • Exterior Features: Other (See Remarks)
  • Lot Description: Other
  • Roof Material: Shingle
  • Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Attached Garage: Yes
  • Carport: No
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Attached, Off-Street
  • Parking Features: Attached, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 220 Volts
  • Green Energy Efficient: Other (See Remarks)
  • Heating: None
  • Heating: No
  • Sewer: Private Sewerage
  • Water: Private
Property Information
Property Info
  • UFFI: No
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Property sold as-is. Existing dwelling has undergone substantial interior demolition. Approved 5-bedroom septic design and architectural plans available. Buyer responsible for all due diligence regarding permits,wetlands,future development,and municipal approvals
Tax Information
  • Tax ID: 745722
  • Assessments: $585,600
  • Block: 00
  • Book: 6291
  • Lot: 89
  • Map: 16
  • Tax Year: 2025
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Frontage: 100.00
  • Cooling Zones: 0
  • Heat Zones: 0
Complex & Association Information
  • Adult Community: No

Property History for 588 Wallis Road

DateEvent & SourcePriceAppreciation
Jun 15, 2026

Listed (Active)

MLS PIN #73536090

$2,949,999—
Jun 11, 2021

Sold (Public Record)

Public Record #1464221379

$699,000—
Jun 11, 2021

Sold

New England Real Estate Network #4837523

$699,000—
DateEvent & SourcePrice
06/15/2026

Listed (Active)

MLS PIN #73536090

$2,949,999
06/11/2021

Sold (Public Record)

Public Record #1464221379

$699,000
06/11/2021

Sold

New England Real Estate Network #4837523

$699,000

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

Public Records for 588 Wallis Road

Taxable ValueLand$480,500Additions$76,600Total$557,100
Tax Record2025$4,663 ($389 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,376 SqFtAbove Grade Finished SqFt1,376 SqFtUnfinished Basement SqFt1,376 SqFtStories1Lot Size539,708 SqFtStyleSingle Family ResidenceYear Built1965Year Renovated1997ZoningSRESCountyROCKINGHAMAPNRYEE M:016 B:089

Schools near 588 Wallis Road

This home is within Rye School District.
Rating
School
Type
Grades
Distance
Rye Junior High School
Public - 5 to 8
Rye Elementary School
Public - PK to 4
Rating
School
Distance
Rye Junior High School
Public5 to 8

Rye Elementary School
PublicPK to 4

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 588 Wallis Road, Rye, NH 03870

588 Wallis Road is a single family home for sale in Rye, NH 03870. This listing's school district is Rye School District. Nearby schools include Rye Junior High School and Rye Elementary School. 588 Wallis Road is a 3-bed, 1-bath, 1,376 sqft single family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Edward Perez

Based on information from one of the following Multiple Listing Services: New England Real Estate Network, Maine Listings. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by New England Real Estate Network, Maine Listings is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated: 06/16/2026 02:12 AM