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$1,149,000

40 Lane Rd Derry, NH 03038

4 beds
4 full, 1 partial
4,733 sqft
3.0 acres
$243 / sqft
House

Property details

About 40 Lane Rd

Price Improvement! Discover exceptional value at 40 Lane Road, Derry, NH. This beautifully expanded Cape boasts nearly 5,000 square feet of thoughtfully designed living space, ideal for comfort, privacy, and flexibility. With two primary suites—one on the main level and an expansive second suite on the second floor. This home is perfectly suited private guest quarters. Set on 3 acres of mature landscaping, the property offers a serene, park-like setting that's perfect for entertaining, gardening, or simply unwind Step inside to an open-concept floor plan filled with natural sunlight. The spacious kitchen flows effortlessly into the living room, where soaring ceilings and a dramatic catwalk add architectural interest and a sense of grandeur. Other notable features include a lower level theater room, a first floor office with double-sided fireplace, an inviting eat-in kitchen overlooking the large backyard, a generous dining room with built-ins, and vaulted ceiling living room with skylights, a double-sided fireplace, and built-in bookshelves. A first floor laundry room, a full-house back-up generator, and 3 heating/cooling systems make for a secure and comfortable residence. Derry is known for its excellent schools and proximity to major highways, making it an attractive option. CHECK OUT THE VIRTUAL TOUR!

Highlights

Home typeSingle Family Residence
HeatingPropane, Oil, Electric, Forced Air
StatusActive
CoolingCentral Air
Size4,733 sqft
BasementYes
Lot size3 Acres
Year built1990
MLS #5045051
Garage3 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Double Oven, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Heating: Propane, Oil, Electric, Forced Air
  • Cooling: Central Air
  • List Price: $1,149,000
  • Price/SqFt: $242
  • Annual Tax Amount: $16,039
  • Tax Year: 2023
  • Directions: Island Pond Rd to Lane Rd or Hampstead Rd East Derry Rd to Lane Rd
  • Year Built: 1990
  • Stories: 2
  • Living Area: 4,733 SqFt
  • Lot Size: 3 Acres
  • MLS Number: 5045051
  • Office Name: BHHS Verani Londonderry
  • Office Phone: (603) 818-9191
  • Listing Agent: Michelle Healy

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: 7/14/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 10, 2012
Home Sold
$325,000
Dec 04, 2006
Home Sold
$450,000
Jun 26, 2001
Home Sold
$416,000

Tax history

YearAssessmentProperty Tax
2023$775,600$16,039
2022$775,600$14,767
2021$554,700$13,734
2020$554,700$13,501
2019$569,100$14,865
2018$569,100$14,814

History based on county public records data.

Nearby schools

7

Derry Village Elementary School

Public District KG-5

1.0 mi

28 S Main St

7

South Range Elementary School

Public District KG-5

1.4 mi

1 Drury Ln

3

Grinnell Elementary School

Public District KG-5

1.9 mi

6 Grinnell Rd

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 $81,034. Typical income of Derry, NH residents is between $100k-200k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

31%
<35k
27%
35k-100k
37%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
8%
Single, with Kids
38%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

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

What do the neighbors do for fun?

  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA
  • SoccerSoccer

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • ArbysArbys
  • Cracker BarrelCracker Barrel
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • BuickBuick

What do the neighbors listen to?

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

Similar homes for sale

Frequently asked questions

About 40 Lane Rd

The listing price of 40 Lane Rd property is $1,149,000.

The property 40 Lane Rd is a house located in Derry, New Hampshire, 03038.

Active Listing: 40 Lane Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40 Lane Rd are: Derry Village Elementary School (GreatSchools Rating 7/10), South Range Elementary School (GreatSchools Rating 7/10), Grinnell Elementary School (GreatSchools Rating 3/10), West Running Brook Middle School (GreatSchools Rating 4/10), Gilbert H. Hood Middle School (GreatSchools Rating 5/10), Londonderry Middle School (GreatSchools Rating 6/10), Pinkerton Academy (GreatSchools Rating 3/10), Next Charter School (GreatSchools Rating 2/10), Londonderry High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $16,039 (source: MLS/based on county public records data).

The last sale was on August 10, 2012 for $325,000 (source: MLS/tax record).

The property at 40 Lane Rd has 4 bedrooms and 4 full and 1 half bathrooms.

The property 40 Lane Rd is 4,733 SqFt (source: MLS/tax record).

The year of construction for 40 Lane Rd is 1990.

This home is located at 40 Lane Rd in Derry, NH and zip code 03038. This 4,733 square foot home, which was built in 1990, sits on a 3.00 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $1,149,000.

In June 2025 more than 24 listings in Derry, NH were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Derry, NH increased by 14.4% between May and June 2025. While the average time on the market in June 2025 was 14 days, the median list price was $508,661.

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

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