Rare opportunity to own a 1.42-acre property in Lebanon, NH, ideally located along quiet Payne Road at the western tip of Mascoma Lake. Mostly cleared and level, the lot features mature trees that provide natural shade and privacy while offering ample space for your vision. The property abuts the Rail Trail, with direct access via a short path, making it easy to enjoy walking, biking, and outdoor recreation. An existing home with a poured concrete foundation is currently on site and presents potential for renovation or rebuilding. Conveniently located a short walk from Mascoma Lake and just minutes to Dartmouth Health, Dartmouth College, downtown Lebanon, and Hanover, this property offers an exceptional opportunity to create your ideal home in a highly desirable Upper Valley location.

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Tax Information

Tax Year2026

Property

Acreage1.42
AreaNH-Grafton
Square Feet61,855
RoadsPaved, Public
Topography
- Country Setting
- Field/Pasture
- Lake Access
- Lakes
- Level
- Near Golf Course
- Near Hospital
- Near Paths
- Near School(s)
- Near Skiing
- Near Snowmobile Trails
- Neighborhood
- Private
- River
- River Frontage
- Rural
- Trail/Near Trail
- Walking Trails
- Water View
- Waterfront
- Wooded

Basic Information

StatusACT
List Price$295,000
MLS Number5101398
MLS StatusActive

Utilities

WaterSpring
ElectricOther
SewerOn-Site Septic Exists
UtilitiesOther

Amenities

PricePerSqFt207746.48

Other

Taxes$2,234
SurveyedYes
ZoningRL1
Date Listed07/23/2026

Location

Building Number15
StreetPayne Road
TownLebanon
StateNH
Zip03766
CountyGrafton
Flood ZoneNo
DistrictLebanon School District
Elementary SchoolHanover Street School
Junior HighLebanon Middle School
High SchoolLebanon High School
Address15 Payne Road

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 July 24, 2026 12:07 AM UTC

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15 Payne RoadLebanon, NH 03766MLS Number 5101398

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