177 Cedar Avenue Portsmouth

$430,000
3 1 994 sq ft

The Property

*** Builders and Contractors take notice*** Rare waterfront opportunity with endless potential! Situated on a desirable 0.12-acre waterfront lot on Island Park, this property offers a unique chance for contractors, builders, investors, or buyers looking to create their dream home. The existing residence features 3 bedrooms, 1 full bathroom, and approximately 994 square feet of living space, but will require substantial renovation or a complete redevelopment. Whether you choose to restore or start fresh with a brand-new custom build that can potentially expand on its current size the value lies in the exceptional waterfront setting and the possibilities this property presents. With limited waterfront parcels available, this is a rare opportunity to secure a prime location and bring your vision to life.

The existing footprint provides a foundation for future expansion, while the lot offers the potential to maximize water views and create a truly special property. Being sold as-is. Buyers to conduct their own due diligence regarding redevelopment, expansion, and building possibilities. Don’t miss this chance to transform a waterfront property into something extraordinary.

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Listing Details

MLS Number

1415126

Lot Size:

0.12 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Utility
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Heating: Oil, Baseboard
  • Heating Fuel: Oil, Baseboard
  • Year Built: 1930
  • Water Amenities: Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Portsmouth

  • Overview
    Homes for Sale Today77-92.9% decrease in inventory
    New on Market *4146.4% increase in new listings
    Avg. Asking Price/Sq.Ft. *$529.64$11 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,048,909$116,993 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.75%1.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$528.26$61 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5713 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Castle Keep Realty Corp.

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