15 Fairway Drive, Rye, NH, 03871 | $3,500,000

Enjoy the tranquility of living in the heart of the scenic Rye Beach Precinct with roads framed by stone walls, mature trees, and graceful homes. This rare, expansive 2+ acre private estate offers a level yard, majestic trees, and sweeping views of the Abenaqui golf course. Less than a mile to Sawyers Beach and just over a mile to Jenness Beach. Most of the interior of the home has been gutted (2024) so much of the prep work has been completed for a new owner to rehab the existing house or to potentially demo the existing house to build their new, ideal custom home, and the newly approved 5 bedroom septic design (7/2024) may potentially be amended for rehab or rebuild. Potential rehab, demolition of existing home, new build, septic design changes, etc. are all subject to a new owner obtaining all required permits and approvals. Three car detached garage with unfinished room above provides additional potential living area. Circular driveway. Peaceful cul-de-sac neighborhood. 15 Fairway Drive offers convenient access to sandy beaches and downtown Portsmouth, providing world-class dining, cultural events, and vibrant shopping experiences.

Features

  • Rooms: 9
  • Bedrooms: 5
  • Baths: 2 full / 1 three-quarter / 1 half
  • Style: Colonial
  • Year Built: 1865
  • Garage: 3-car Garage
  • Heating: None
  • Cooling: None
  • Basement: Partial,Stairs - Interior,Unfinished,Walkout,Interior Access
  • Approx Sq. Feet: 0
  • Acreage: 2.17
  • Est. Taxes: $17,641
  • Lot Desc: Country Setting,Landscaped,Level,Rolling,View
  • Elem. School: Rye Elementary School
  • Middle School: Rye Junior High School
  • High School: Portsmouth High School
  • MLS#: 5011121
  • Website: https://www.raveis.com
    /eprop/5011121/15fairwaydrive_rye_nh?source=qrflyer
©2024 New England Real Estate Network, 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 PrimMLS. 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 9/20/2024
Listing courtesy of Keller Williams Gateway Realty/Salem   Phone: 603-912-5470
Listing Agent: Vanessa Nysten

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Customer Service

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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15 Fairway Drive, Rye, NH, 03871

$3,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,800,000 $2,800,000 $2,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $1,470 $1,470 $1,470
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,031 $16,563 $23,064
Total Monthly Payment $16,626 $18,158 $24,659

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.