470 Banfield Road

Portsmouth, NH 03801

Opportunity, acreage, & Portsmouth ! Three things that rarely come together like this. Set on an impressive 5.2-acre parcel, this home offers something increasingly difficult to find in Portsmouth: space, privacy, an existing home, & tremendous potential for the buyer who can see what this property could become. It needs updating, improvements, & a new owner ready to roll up their sleeves & bring their vision to life. But that's exactly what makes this property so exciting. Here is an opportunity to create something that is truly your own. The existing home offers 4 bedrooms, 3½ baths & approx. 2,650 sq ft of finished living area, including finished lower-level space, along with a walkout lower level & substantial detached heated garage with a finished second level. Outside, the property opens to a surprisingly expansive setting with lawn, mature trees & wooded acreage that gives you a feeling of separation & privacy. Portsmouth remains one of the Seacoast's most desirable communities, prized for its vibrant downtown, restaurants, shopping, arts, waterfront, and convenient access throughout the region. From here, commuters have access to major routes connecting with the rest of the NH Seacoast, Southern Maine & MA. The possibilities here could appeal to a broad range of buyers. An owner-occupant may see the chance to renovate. A contractor,/builder may immediately recognize the value of improving the existing property and see the benefit of the detached garage. An investor may see an opportunity where the combination of location, acreage and existing improvements deserves a much closer look. This isn't a home pretending to be move-in perfect. It's an opportunity. It's for someone who looks beyond what is here today & starts imagining what could be here tomorrow. Smile, you just found your new home!

Listing courtesy of Eric Levin of KW Coastal and Lakes & Mountains Realty



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Last checked: 2026-08-20 07:59 PM UTC