#5023779, Tony Jalbert, Listing Office: Tate & Foss Sotheby's International Rlty
#5034824·
Listing office: Compass New England, LLC·
Listing agent: Sean Bakhtiari·
Listing office phone: 978-248-8081
$4,650,000 List price
741 Ocean Blvd Rye, NH 03870
6,684 sqft
1.5 acres
$696 / sqft
Land
Property details
About 741 Ocean Blvd
A rare opportunity to own this iconic, stylish & lucrative boutique hotel along NH's coveted seacoast. Fully renovated in 2021, The Rye Motor Inn + Swim Shop is a stylish, retro-inspired, 12-unit apart-hotel & retail shop, offering a seamless blend of mid-century charm & modern comfort. This 1960s four-season motor inn features 12 units (7 queen studios, 3 king studios & 2 one-bedroom apartments), each with a full kitchen & bathroom to comfortably to accommodate nightly, short-term, and long-term stays. The property has seen consistent & impressive year-over-year growth offering a unique opportunity to own a proven business or a coastal home (inquire for historical income & expenses). The updated 15-bedroom septic allows room for expansion, w/ plans already approved for an added ocean view 1,000 sq ft 2-bedroom apartment above the retail/office space. The spacious, flat lawn & oversized heated pool w/ panoramic ocean views provide a dreamy setting for micro-weddings, upscale gatherings, private events & additional outdoor amenities for guests. The poolside cabana is plumbed & ready for a catering kitchen or bar setup. Bonus: the onsite boutique, "The Swim Shop", is a prime space for a retail storefront or lease income. Across from the ocean, steps to Odiorne Point State Park & a 10 min drive to downtown Portsmouth & Hampton Beach, this 1.52-acre lot offers flexible use, strong income, & rare coastal charm—an investment w/ lifestyle upside, & value-add potential.
Highlights
Home typeOther
HeatingOil, Electric, Hot Water
StatusSale Pending
(Under Contract)
(Under Contract)
Size6,684 sqft
BasementYes
Lot size1.52 Acres
Year built1960
ParkingParking Spaces 21+
MLS #5034824
Summary
- Basement: Yes
- Parking: Parking Spaces 21+
- Heating: Oil, Electric, Hot Water
- List Price: $4,650,000
- Price/SqFt: $695
- Annual Tax Amount: $14,880
- Tax Year: 2023
- Directions: Route 1A
- Year Built: 1960
- Stories: 1
- Living Area: 6,684 SqFt
- Lot Size: 1.52 Acres
- MLS Number: 5034824
- Office Name: Compass New England, LLC
- Office Phone: (978) 248-8081
- Office Email: jaclyn.ball@compass.com
- Listing Agent: Sean Bakhtiari
© 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: 5/5/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 01, 2024 | Home Sold | $1,350,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,853,100 | $14,880 |
| 2022 | $1,850,600 | $12,917 |
| 2021 | $1,245,900 | $12,733 |
| 2020 | $1,234,100 | $12,613 |
| 2019 | $1,227,400 | $12,544 |
History based on county public records data.
Nearby schools
6
Rye Elementary School
Public District KG-4
3.6 mi
•461 Sagamore Rd
8
Adeline C. Marston School
Public District 3-5
4.0 mi
•4 Marston Way
7
Mary C. Dondero Elementary School
Public District KG-5
4.2 mi
•32 Van Buren Ave
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 $87,195. Typical income of Rye, NH residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
6%
<35k
56%
35k-100k
14%
100k-200k
24%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
34%
Single, No Kids
6%
Single, with Kids
44%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
9%
12-17 yrs old
7%
18-34 yrs old
49%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Skiing/snowboarding
Figure Skating
Where do the neighbors shop?
Stein Mart
BJs Wholesale Club
Kmart
Where do the neighbors go to eat?
Bob Evans
Panera
Cracker Barrel
What do the neighbors drive?
Lincoln
Infiniti
Lexus
What do the neighbors listen to?
News/Talk/Information
Adult Hits
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 741 Ocean Blvd
The listing price of 741 Ocean Blvd property is $4,650,000.
The property 741 Ocean Blvd is land located in Rye, New Hampshire, 03870.
Sale Pending: 741 Ocean Blvd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 741 Ocean Blvd are: Rye Elementary School (GreatSchools Rating 6/10), Adeline C. Marston School (GreatSchools Rating 8/10), Mary C. Dondero Elementary School (GreatSchools Rating 7/10), Rye Junior High School (GreatSchools Rating 7/10), North Hampton School (GreatSchools Rating 8/10), Hampton Academy (GreatSchools Rating 6/10), Winnacunnet High School (GreatSchools Rating 7/10), Portsmouth High School (GreatSchools Rating 8/10), Robert W Traip Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $14,880 (source: MLS/based on county public records data).
The last sale was on April 1, 2024 for $1,350,000 (source: MLS/tax record).
The property 741 Ocean Blvd is 1.52 acres.
The property 741 Ocean Blvd is 6,684 SqFt (source: MLS/tax record).
The year of construction for 741 Ocean Blvd is 1960.
This home is located at 741 Ocean Blvd in Rye, NH and zip code 03871 in the Seacoast neighborhood. This 6,684 square foot home, which was built in 1960, sits on a 1.52 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $4,650,000.
Rye, NH housing market in April 2025 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 3 sold below. The inventory of homes for sale in Rye, NH between March and April 2025 increased by 9.5%.
From Rocket Homes Real Estate and based on county public records data.