List Price: $695,000 | 3.4 Acres | Price Per Acre $0 Land


Listed Monday Jan 26, 2026 | MLS# 5074937
tbd High Street Peterborough NH
Listed by Lisa Stone Keller Williams Realty Metro-Keene
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.
Lot Description: Abuts Golf Course | In Town | Near Shopping | Condo Development | Wooded | Near School(s)
Lot Size: 3.4 acres
Zoned: R)
Surveyed: Yes
SurveyedBy: AC Engineering
Flood Zone: No
Land Services
Road Frontage: 50
Electric: At Street
Water: Public Water at Street
Sewer: Public Sewer at Street


Easement - Yes
Block - 002
Taxes $2,395
Assesed Value Not Reported
Schools
School District: Contoocook Valley SD SAU #1
Elementary School: Peterborough Elem School
Middle School: South Meadow School
High School: Contoocook Valley Regional Hig

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