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111 Chestnut Hill Rd 105 Acres of Residential Land in New Boston, NH 03070
Investment Highlights
- Investors and developers will want to capitalize on this 105 acres of residential land with advanced entitlement in progress in New Boston.
- Current conceptual plans call for approximately 107 residential units, including 72 senior housing units and 35 workforce housing units.
- Located just outside Manchester near the Bedford and Amherst town lines, the property offers small-town appeal with convenient access to the city.
- New Boston is a historic rural town in Hillsborough County with about 6,100 residents, known for its scenic setting and close-knit community.
Executive Summary
111 Chestnut Hill Road in New Boston, New Hampshire, offers a 105-acre residential development opportunity with major planning work already in place.
The property is in the Small-Scale Commercial District and has a zoning variance that allows age-restricted housing. There are no known appeals pending, which bodes well for buyers. Current plans include about 107 residential units, with 72 units for senior housing and 35 units for workforce housing. A wide range of due diligence work has already been completed, including engineering, septic and well studies, wetlands work, surveys, soil testing, environmental reviews, traffic analysis, and cultural resource assessments. A traffic study found that the proposed development would not require improvements to Chestnut Hill Road. The site may also benefit from recent New Hampshire housing laws that support multifamily development in commercial districts and lower parking requirements for residential projects.
Set in southern New Hampshire, the property enjoys a peaceful setting just about 15 minutes from Manchester near the Bedford and Amherst town lines. The area blends the charm of rural New England with convenient access to nearby jobs, services, and everyday amenities. New Boston, a historic town in Hillsborough County with about 6,100 residents, is known for its scenic landscape and welcoming small-town character.
The property is in the Small-Scale Commercial District and has a zoning variance that allows age-restricted housing. There are no known appeals pending, which bodes well for buyers. Current plans include about 107 residential units, with 72 units for senior housing and 35 units for workforce housing. A wide range of due diligence work has already been completed, including engineering, septic and well studies, wetlands work, surveys, soil testing, environmental reviews, traffic analysis, and cultural resource assessments. A traffic study found that the proposed development would not require improvements to Chestnut Hill Road. The site may also benefit from recent New Hampshire housing laws that support multifamily development in commercial districts and lower parking requirements for residential projects.
Set in southern New Hampshire, the property enjoys a peaceful setting just about 15 minutes from Manchester near the Bedford and Amherst town lines. The area blends the charm of rural New England with convenient access to nearby jobs, services, and everyday amenities. New Boston, a historic town in Hillsborough County with about 6,100 residents, is known for its scenic landscape and welcoming small-town character.
Property Facts
1 Lot Available
Lot 254 10 0
| Lot Size | 105.00 AC |
| Lot Size | 105.00 AC |
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
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111 Chestnut Hill Rd