BEDS6
BATHS4 full
SQUARE FEET3,264
MLS#5074140
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLNewmarket SAU #31
Listing Courtesy of:
The Thomas Group of Northern New England, LLC
Agency Phone: 603-703-7007
Associate Name: Bobbie Lynn Thomas
Property Description
A truly rare opportunity to own direct waterfront on Great Bay with built-in income. Set on 2-acres with a private shoreline, this unique property features four town approved separate residential units across a charming farmhouse and barn, offering flexibility for investors, owner-occupants, or future redevelopment. The main residence is a classic New England farmhouse currently configured with two units, while the barn has been converted into 2 additional dwelling units. Whether you envision maintaining it as a multi-unit investment, transforming it into a stunning single-family waterfront estate, or exploring expansion possibilities (subject to town approvals), the true value lies in the land, location, and irreplaceable water frontage. From the property, enjoy sweeping views of Great Bay's tidal waters, wildlife, and changing skies-a natural sanctuary just minutes from downtown Newmarket, Route 95, and the Seacoast. Properties with this combination of acreage, shoreline, and flexibility are exceptionally rare in the Seacoast region. Ideal for investors seeking a waterfront income property, buyers looking to create a legacy estate, or those wanting to secure a foothold on one of New Hampshire's most beautiful bodies of water.
Property Features
Property Type: Multi Unit - Multiple
Basement: Bulkhead, Unfinished
Basement: Yes
Cooling: None
Garage: 1
Heating: Oil
Home Style: Colonial
Lot Size: 2.00 Acres
Roof Type: Metal, Shingle
Stories: 2.0
Taxes: $14,649
Year Built: 1778
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 1
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Amenities
Garden Space
Natural Shade
Shed
Feature Descriptions
Color: Beige
Construction: Clapboard Exterior, Vinyl Siding, Wood Siding
Construction Status: Existing
Days on Site: 98
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Clapboard Exterior, Vinyl Siding, Wood Siding
Flood Zone: Unknown
Flooring: Carpet, Laminate
Foundation: Fieldstone
Foundation: Fieldstone
Lot: Country Setting, Pond, Water View, Waterfront
Nearby Bodies of Water: Great Bay
Parking: Driveway, Off Street, Parking Spaces 5 - 10
Roads: Public
Sewer: Septic
Sq. Ft. Total Finished: 3264
Total Stories: 2
Units: 4
Water: Drilled Well
Water Access: Yes
Water Body Type: Bay
Water Frontage: 47
Water Rights: Exclusively Owned
Water View: Yes
Zoning: R1
Local Schools
High School: Newmarket Senior HS
Middle School: Newmarket Junior High School
Elementary School: Newmarket Elem School
School District: Newmarket SAU #31
Listed By / Shown By
Listed By
Agency Name: The Thomas Group of Northern New England, LLC
Agency Phone: 603-703-7007
Agent Name: Bobbie Lynn Thomas
Shown By
Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 3,672.54 per month $2,167.70 Principal & Interest $1,220.75 Property Tax $284.08 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-04-24 23:33:30 
274 Bay Road | MLS# 5074140
This multi-family property located at 274 Bay Road, Newmarket, NH 03857 is currently listed for sale with an asking price of $974,000. Bay Road is located within the Newmarket SAU #31 school district. Search Newmarket real estate on lynnemcgrath.masiellogrouprealestate.com today.