741 & 747 Ocean
Rye, NH 03870
- 12 beds
- 13 baths
- 6,684 sqft
- ~2 acre lot
- $740 per sqft
- 1960 build
- – on site
Make this 1960s 4-season motor inn your beach home and business. It underwent a complete, historically sensitive renovation in 2021. Completely modernized for today's traveler while reintroducing the on-trend, retro-themed decor, this unique property is poised for continued growth. Offering 12 studio and 1-bedroom units over two structures, these apartment-style rooms provide the flexibility for longer stays as each has its own full kitchen and bathroom. Current ownership operates as a limited service apart-hotel model with year over year growth since opening in 2021. Approvals are in place to add a 1000 sq ft, 2-bedroom apartment above the retail/office space that could serve as owner’s quarters or make the bungalow your home. The oversized, heated pool with spacious deck and bold views to the Isles of Shoals is an ideal for setting for small events. The large, flat yard can accommodate tents, a perfect setting for popular micro-weddings of 30 or less guests. The poolside cabana with bathroom has been designed to accommodate a commercial caterer’s kitchen/bar for event purposes. The property also includes a petite retail/office space that houses the popular boutique: The Swim Shop. Continue to operate this seasonal retail component or lease for additional income. Set across Ocean Boulevard from the ocean and a short walk to Odiorne State Park. Or re-imagine this rare 1.52 ac. ocean view parcel.
Last checked:
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Last updated Jan 8, 2025
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MLS# 5026054 —
The Building
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Year Built:1960
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame
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Architectural Style:Bungalow
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Roof:Shingle - Asphalt
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Foundation:Poured Concrete, Slab - Concrete
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Total Stories:1
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Approx SqFt Total:6908
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Approx SqFt Total Finished:6,684 Sqft
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Approx SqFt Finished Above Grade:6,684 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Unfinished Below Grade:224
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Public Records
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Approx SqFt Finished Above Grade Source:Public Records
Interior
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Total Rooms:13
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Basement:Yes
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Basement Description:Concrete, Crawl Space, Partially Finished, Walkout, Stairs - Basement
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Basement Access Type:Walkout
Location
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Map:231
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Latitude:43.036881051192374
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Longitude:-70.717510100524905
The Property
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Property Type:Single Family
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Property Class:Residential
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Seasonal:No
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Lot:028
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Lot Features:Landscaped, Water View
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Lot SqFt:66,211 Sqft
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Lot Acres:1 Sqft
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Zoning:Business
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Driveway:Paved
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Road Frontage:Yes
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Road Frontage Length:200 Sqft
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Flood Zone:Yes
Listing Agent
- Contact info:
- Office phone:
- (603) 986-6555
Taxes
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Tax Year:2024
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Taxes TBD:No
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Tax - Gross Amount:$17,123
Beds
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Total Bedrooms:12
Baths
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Total Baths:13
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Full Baths:12
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Half Baths:1
The Listing
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Price Per SqFt:740.57
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Oil, Electric, Hot Water, Wall Units
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Cooling:Wall AC Units
Utilities
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Utilities:Cable - At Site
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Sewer:Private
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Electric:Circuit Breaker(s)
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Water Source:Public
The Community
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Covenants:No
Monthly cost estimate
Asking price
$4,950,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$26,505
|
| Taxes | $1,426 |
| Insurance | $1,361 |
| Utilities | $803 See report |
| Total | $30,095/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/8/25
Jan 8, 2025
|
Listed / Active | PRIME_MLS | $4,950,000 | |
|
10/30/24
Oct 30, 2024
|
Price Changed | PRIME_MLS | ||
|
9/30/24
Sep 30, 2024
|
Price Changed | PRIME_MLS |
