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63 Old Street Rd 32.36 Acres of Commercial Land Offered at $1,900,000 in Peterborough, NH 03458

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EXECUTIVE SUMMARY

This iconic landmark property...together with town approvals for luxury condominium units...is now available for sale. The c.1912 'Highland Farm' property, built for Benjamin Cheney, founder of the American Express (stagecoach) Company by Forrest C. Mercer with the aid of one 16 year old helper, Henry Nyland and a turn of the century crew of Italian Stonemasons from Canada (who also worked on the famous "Castle in the Clouds" property), has been meticulously preserved and readied by its current owners to support any future residential use. Set on a magnificent 32 + acre site with long road frontage and broad sunset view of Grand Monadnock over abutting conservation land, the property includes a spring fed pond with two crystal clear water wells, lovely open land with potential for agricultural use and mixed forest land with nature trails abutting a tranquil woodland wetland. A short stroll to the beautiful Cranberry Meadow nature trail and just minutes from the attractive village center shops, restaurants, bookstore, movie theatre and art galleries, this property is a one of a kind investment opportunity and a singular site for a magnificent country estate. A rare find indeed!

PROPERTY FACTS Under Contract

Price $1,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Condo
Total Lot Size 32.36 AC

1 LOT AVAILABLE

Lot

Price $1,900,000
Price Per AC $58,714.46
Lot Size 32.36 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PTBR-000002U-000039
Land Assessment
$136,020
Improvements Assessment
$210,400
Total Assessment
$346,420
  • Listing ID: 22590705

  • Date on Market: 3/29/2021

  • Last Updated:

  • Address: 63 Old Street Rd, Peterborough, NH 03458

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