479 Park Avenue Portsmouth

$449,000
3 1 1,281 sq ft

The Property

Welcome to 479 Park Avenue, a rare opportunity in one of Portsmouth’s most desirable waterfront neighborhoods. Situated on a 3,600+ square foot lot just one house off the beautiful Sakonnet River, this property enjoys stunning 180-degree water views and endless potential for homeowners, investors, builders, or those seeking a seasonal coastal retreat. The existing home offers approximately 1,200 square feet of living space with three bedrooms, one full bathroom, a spacious living room, large kitchen, and a first-floor office that provides flexibility for remote work or additional living space. The fully fenced yard offers privacy and ample outdoor space for entertaining, gardening, or enjoying the coastal surroundings.

Recent improvements include a brand-new roof installed in 2025, replacement windows throughout, updated flooring, and a recently updated bathroom, providing a solid foundation for future improvements or redevelopment. Located just steps from the water and within walking distance to local beaches, restaurants, and neighborhood amenities, this property offers an exceptional lifestyle opportunity in a highly sought-after location. Whether you’re looking to renovate, invest, build new, or simply enjoy the charm of coastal Portsmouth, the possibilities here are endless. Property is being sold strictly as-is. Buyers and buyers’ agents to perform all due diligence regarding redevelopment, renovation potential, flood zone requirements, and future use of the property.

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Listing Details

MLS Number

1414993

Lot Size:

0.09 acres

Features

  • Basement: Full, Bulkhead, Unfinished, Utility
  • Marina
  • Restaurants
  • Shopping
  • Near Swimming
  • Heating: Oil, Baseboard
  • Heating Fuel: Oil, Baseboard
  • Fenced
  • Type: Bungalow, Cape Cod
  • Year Built: 1941
  • Water Amenities: Flood Insurance, Saltwater View

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Market Trends for Single Family Homes
in Portsmouth

  • Overview
    Homes for Sale Today86-92.2% decrease in inventory
    New on Market *3715.6% increase in new listings
    Avg. Asking Price/Sq.Ft. *$656.23$153 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,264,455$265,050 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.03%0.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$436.27$85 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *4814 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 Paramount Properties Group
Email:
Phone: 401-273-6100

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