Listing Agency: Central Gold Key Realty k***@cgkey.net Show Phone

Listed By: Katelyn Nash · License #070099 Show Phone

Source: Elliman

Added: Apr 26 Changed: Aug 8 Last Checked: Jul 16 at 8:42AM

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Investment Insights

Based on property information with market context.

This 2.12-acre parcel is approved for a 3-unit townhouse development. An active building permit is in place with a state-approved septic design supporting a 3-unit townhouse-style project. The surveyed lot has a driveway access started. Electric is available at the street, while a private well will be required. The property is positioned for new construction, investment portfolio growth, or an owner-occupied build with income potential. The location offers commuter access toward the Sunapee Region, Upper Valley, and Concord, balancing convenience with New Hampshire outdoor living. The Northern Rail Trail directly abuts the property, providing access to hiking, biking, horseback riding, cross-country skiing, and snowmobiling. Eagle Pond public water access is approximately 0.25 miles away, supporting fishing, kayaking, and boating. Ragged Mountain Ski Area is approximately 6 miles away. With flexible development positioning and recreation access, this property is suitable for investors, builders, or those planning a primary residence with future income potential. The bike score is 9, indicating it is somewhat bikeable, and the walk score is 0, indicating car dependence.

Key Highlights

• Approved 3‑unit townhouse development with active building permit.
• Rail Trail frontage provides direct access to outdoor recreation.
• Ready‑to‑go 2.12 acre parcel with state‑approved septic design.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Building Supply Auto Repair Shop Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10

Businesses Nearby

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Demographics for 03216, NH

2,327

Population

1,018

Households

2.3

Avg Household Size

45

Median Age

32%

College-Educated

90%

High-School Grad

39.9 sq mi

ZIP Area

58

Density / Sq Mi

$86,875

Median Household Income

$48,176

Median Earnings

$1,257

Median Rent

$332,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 2.12 acre parcel approved for 3-unit townhouse development.

Where is this residential land & home lot located?

The property is located at lot 4 Depot St Andover, NH.

What is the asking price?

The asking price for this property is $135,000.

What are key features of this property?

This property features: Approved 3‑unit townhouse development with active building permit.; Rail Trail frontage provides direct access to outdoor recreation.; Ready‑to‑go 2.12 acre parcel with state‑approved septic design.