Single Family for Sale: 588 Wallis, Rye, NH 03870

3 beds
1 full baths
1,376 sqft
$2,949,999
$2,949,999
588 Wallis, Rye, NH 03870
3 beds
1 full baths
1,376 sqft
$2,949,999
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Price:
$2,949,999
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Type Single Family
Style Ranch
Beds 3
Baths 1 full baths
Square Feet 1,376 sqft
Garage Spaces 1
Lot Size 12.97 acres
Year Built 1965
City Rye
County Rockingham
MLS 73536090
Status Active
DOM 92 days
12.39 private acres in the heart of Rye, one of New Hampshire's most desirable coastal communities. Ideally located between Rye Elementary School and Rye Junior High School, less than two mile from Wallis Sands Beach, and just minutes from downtown Portsmouth. The property includes an existing 3-bedroom ranch that has been substantially gutted, offering the flexibility to renovate, expand, or create an entirely new custom residence. Extensive planning and due diligence have already been completed, including architectural plans, wetlands review, and an approved NH DES septic design for a future 5-bedroom home. The building envelope has been cleared and prepared, providing a significant head start for the next owner. Under single ownership and not capable of subdivision, this exceptional parcel offers privacy, natural beauty, and the opportunity to create a landmark estate in one of the Seacoast's most sought-after locations. Surrounded by luxury homes and protected open space.

Lot & Building Features

Appliances Other, Water Heater
Construction Frame
Cooling None
Heating None
Sewer Private Sewer
Tax Year 2025
Taxes Paid $4,969
Water Private
Foundation Concrete Perimeter
Exterior Features Other
Interior Features Other
Roof Shingle
Full Baths 1
Parking Attached, Off Street
Total Rooms 7
Garage Spaces 1
Fireplaces 1
Waterfront 3/10 to 1/2 Mile To Beach, Ocean, Beach Ownership(Public)

Community and Schools

Elementary School Rye Elementary
Junior High School Rye Junior High
Senior High School Portsmouth High

Price History of 588 Wallis, Rye, NH

Date Name Price Difference
06/15/2026 Listing Price $2,949,999 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Listed by Edward Perez, Edward Perez
Photo of Cheryl Waitt
Cheryl Waitt
Broker
Direct: 603-235-5521
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
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588 Wallis (MLS #73536090) is a ranch single family home located in Rye, NH. This single family home is 1,376 sqft and on a lot of 564,973 sqft (or 12.97 acres) with 3 bedrooms, 1 baths and is 61 years old. This property was listed on 06/15/2026 and has been priced for sale at $2,949,999.

Nearby zip codes are 03801 3828, 03801, 03840, 03862 and 03871. This property neighbors other cities such as Greenland, Kittery, New Castle, North Hampton and Portsmouth.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Edward Perez

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.