$2,300,000

10 Lee Rd Madbury, NH 03823

12,149 sqft
36.4 acres
$189 / sqft
Land

Property details

About 10 Lee Rd

10 Lee Road contains three 2-story multi-family buildings and contains ten residential units comprised of four 2-Bedroom/1-Bathroom units, two 3-Bedroom/1-Bathroom units and four 4-Bedroom/1-Bathroom units. The large units with ample bedrooms are perfect for UNH students living off campus or recent graduates. There are currently multiple units occupied by UNH students. The Property features ample on-site parking with thirty-seven spaces and has an on-site laundry facility. Each unit is separately metered for electricity which the Tenants pay directly. The Tenants are responsible for electric heat and hot water in units 5 through 10. The Landlord is responsible for common area electric, oil-fired heat and hot water in units 1 through 4, and maintaining private well and septic. The Property offers a value-add component through the redevelopment of the existing two-unit dwelling at the rear of the Property. The building currently houses two units and has been approved for the redevelopment of the building to accommodate an eleven unit multi-family building, increasing the unit count by nine residential units.

Highlights

Home typeOther
HeatingOil, Electric
StatusActive
CoolingOther
Size12,149 sqft
BasementYes
Lot size36.43 Acres
Year built1880
MLS #5041055

Summary

  • Basement: Yes
  • Heating: Oil, Electric
  • Cooling: Other
  • List Price: $2,300,000
  • Price/SqFt: $189
  • Annual Tax Amount: $26,140
  • Tax Year: 2023
  • Year Built: 1880
  • Stories: 2
  • Living Area: 12,149 SqFt
  • Lot Size: 36.43 Acres
  • MLS Number: 5041055
  • Office Name: Horvath & Tremblay LLC
  • Office Phone: (781) 776-4000
  • Office Email: enbbcl@gmail.com
  • Listing Agent: William Peck

IDX© 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 12:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,300,000

10 Lee Rd

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Price information

Property sales

DateEventPrice
Oct 07, 2024
Home Sold
$2,007,533
Feb 06, 2012
Home Sold
$6,775,000
Mar 30, 2007
Home Sold
$20,154,068

Tax history

YearAssessmentProperty Tax
2023$969,226$26,140
2022$969,880$24,509
2021$970,406$24,648
2020$970,419$24,503
2019$818,085$24,428

History based on county public records data.

Nearby schools

8

Moharimet School

Public District KG-4

0.6 mi

11 Lee Rd

8

Mast Way School

Public District KG-4

3.7 mi

23 Mast Rd

5

Woodman Park School

Public District PK-4

4.0 mi

11 Towle Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $89,216. The most common annual income of people living in Madbury, NH is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

11%
<35k
46%
35k-100k
34%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
7%
Single, with Kids
33%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
49%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • SonicSonic

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • KiaKia

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 10 Lee Rd

The listing price of 10 Lee Rd property is $2,300,000.

The property 10 Lee Rd is land located in Madbury, New Hampshire, 03823.

Active Listing: 10 Lee Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 10 Lee Rd are: Moharimet School (GreatSchools Rating 8/10), Mast Way School (GreatSchools Rating 8/10), Woodman Park School (GreatSchools Rating 5/10), Oyster River Middle School (GreatSchools Rating 7/10), Dover Middle School (GreatSchools Rating 5/10), Barrington Middle School (GreatSchools Rating 6/10), Oyster River High School (GreatSchools Rating 10/10), Dover High School (GreatSchools Rating 4/10), Cocheco Academy for the Arts (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $26,140 (source: MLS/based on county public records data).

The last sale was on October 7, 2024 for $2,007,533 (source: MLS/tax record).

The property 10 Lee Rd is 36.43 acres.

The property 10 Lee Rd is 12,149 SqFt (source: MLS/tax record).

The year of construction for 10 Lee Rd is 1880.

This home is located at 10 Lee Rd in Madbury, NH and zip code 03823 in the Seacoast neighborhood. This 12,149 square foot home, which was built in 1880, sits on a 36.43 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $2,300,000.

From Rocket Homes Real Estate and based on county public records data.

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