Property Details
Basic Information
- MLS Number: 5074937
- List Price: $695,000
- Date Listed: 01/26/2026
- Virtual Tour: Virtual Tour
- Description: 14 FULLY APPROVED UNITS: Skip the Planning Board & Start Building. This is the definition of "Shovel-Ready." Located on Pocket Street, this prime 3.5-acre site offers a rare opportunity to bypass years of permitting and immediately break ground on a lucrative 14-unit residential project. The Project: Fully approved for an elegant courtyard-style townhouse community. The design features spacious layouts with dual ensuite bedrooms-specifically targeted at Peterborough's downsizer and professional demographic (Median Age: 51 | Median Income: $98k). The Location: Situated off High Street, the site balances privacy with premium convenience. It borders the scenic Monadnock Country Club and is walking distance to the elementary school. This is a location that sells itself to buyers seeking quiet luxury within a vibrant community full of entertainment, restaurants and local shops. The Opportunity: With construction costs fluctuating, the value here is in the approvals. You aren't buying raw land; you are buying a green-lit project in a town with a severe inventory shortage. NH Housing Finance Authority projects a need for 1,100+ units here. With an average town home sale price of $477k+, the margin potential on these boutique condos is significant. Perfect for a local builder looking to keep their crew moving with a manageable, high-demand project. Don't let your capital sit in permitting purgatory-start building on Pocket Street.
Building
- Acreage: 3.4
- Square Feet: 148,104
- Zoning: R
Location
- County: Hillsborough
- Town: Peterborough
Finance
- Taxes: $2,395
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable Available
Community
Schools
- Elementary School: Peterborough Elem School
- High School: Contoocook Valley Regional Hig
Other Details
Water
- Water Access: No
- Water View: No
- Water: Public Water at Street