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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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111 Chestnut Hill Rd , New Boston, NH 03070
$5,750,000
Est. Payment: $29,704.15/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 47
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

111 Chestnut Hill Road | New Boston, NH 105 Acre Residential Development Opportunity Exceptional opportunity to acquire a 105 acre development site in New Boston, NH with significant entitlement and due diligence work already completed. Located within the Small Scale Commercial District, the property has secured a zoning variance permitting age-restricted housing, with no known appeals currently pending. Current conceptual plans support approximately 107 residential units, consisting of 72 senior housing units and 35 workforce housing units, creating a unique opportunity to address two of New Hampshire's most in-demand housing segments. Extensive project planning and analysis have already been completed, including conceptual engineering, septic feasibility studies, well siting evaluations, wetlands delineation, topographic surveys, soil investigations, environmental reviews, traffic studies, and cultural resource assessments. A traffic impact study concluded that no improvements to Chestnut Hill Road are warranted for the proposed development. The project also benefits from a favorable regulatory environment, including recent New Hampshire housing legislation encouraging multifamily development within commercial districts and reducing parking requirements for residential projects. Key highlights include: • 105± acres in a desirable Southern New Hampshire location • Zoning variance approved for senior housing development • Conceptual plan for 107 residential units • Extensive engineering, environmental, and feasibility work completed • Traffic study completed with favorable findings • Significant advancement through the entitlement process The project is currently progressing through the municipal and state permitting process, offering developers the opportunity to acquire a large-scale residential development with substantial groundwork already completed while maintaining flexibility to refine the final product and approval strategy. Comm use by right.

Highlights

Listed by Kenneth Leva , 978-877-8194 Gibson Sotheby's International Realty , 978-255-3569. PrimeMLS mls logo

Property Type

Vacant Land

Lot/Acreage
105

County

Hillsborough

Listing ID

5093798

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Rural,Country Setting,PRD/PUD,Trail/Near Trail,View,Wooded
Zoning:COM
Sewer:Private Available,Septic Design Available,Soil Test Available
Principal Interest
$29,704
Taxes
$169

Home Price

$5,750,000

Loan Details

30 yrs
6.707%

Down Payment

20%
$1,150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$29,704.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $29,704.15 $168.75 $0.00 $29,872.90
Yearly $356,449.79 $2,025.00 $0.00 $358,474.79
Total $10,693,493.70 $60,750.00 $0.00 $10,754,243.70

Today's Rates

30 Year

6.71%

20 Year

6.25%

15 Year

5.98%

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Market insight data is pulled from the same city as the listing being viewed (New Boston, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 August 1, 2026 11:51pm

Data last updated: 2026-08-02T03:51:12.800Z

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