111 Chestnut Hill RoadNew Boston, NH 03070MLS Number 5093798

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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
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111 Chestnut Hill Road New Boston NH 03070
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  • 105Acreage
  • 4,573,800Square Feet

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Listed by Kenneth Leva of Gibson Sotheby's International Realty (Phone: 978-877-8194)
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: o 105± acres in a desirable Southern New Hampshire location o Zoning variance approved for senior housing development o Conceptual plan for 107 residential units o Extensive engineering, environmental, and feasibility work completed o Traffic study completed with favorable findings o 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.

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More Info

Basic Information

  • StatusACT
  • List Price$1
  • MLS Number5093798
  • MLS StatusActive

Utilities

  • WaterOn-Site Well Needed, Private
  • ElectricAt Street
  • SewerPrivate Available, Septic Design Available, Soil Test Available
  • UtilitiesOther

Location

  • Building Number111
  • StreetChestnut Hill Road
  • TownNew Boston
  • StateNH
  • Zip03070
  • CountyHillsborough
  • Flood ZoneNo
  • Address111 Chestnut Hill Road

Other

  • Taxes$2,025
  • SurveyedYes
  • ZoningCOM
  • Date Listed06/10/2026

Property

  • Acreage105
  • AreaNH-Hillsborough
  • Square Feet4,573,800
  • Road Frontage800
  • RoadsPublic
  • Topography
    • Country Setting
    • PRD/PUD
    • Rural
    • Trail/Near Trail
    • View
    • Wooded

Amenities

  • PricePerSqFt0.01

Your Local Office

Lake Farm Realty

Lake Farm Realty

164 Main Street,
PO Box 265,
Andover, NH 03216
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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 June 11, 2026 8:08 AM UTC

 

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