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111 Chestnut Hill Rd

new boston, NH 03070

$5,750,000

    Interested? Let's Connect

    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:
    • 105± acres in a desirable Southern New Hampshire location
    • Zoning variance approved for senior housing development
    • Conceptual plan for 107 residential units
    • Extensive engineering, environmental, and feasibility work completed
    • Traffic study completed with favorable findings
    • 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.

    Details

    105 Private Acres Lot Size

    land

    MLS/Listing ID 5093798

    Amenities & Features

    Lot - Wooded

    Lot - Views

    Lot - Rural

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