#5050350, Matt McLennan, Listing office: Century 21 McLennan and Company

40 Lane Rd Derry, NH 03038
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
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
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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
Date | Event | Price |
---|---|---|
Aug 10, 2012 | Home Sold | $325,000 |
Dec 04, 2006 | Home Sold | $450,000 |
Jun 26, 2001 | Home Sold | $416,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.