Listed by James Doucette with Jim Doucette Real Estate, LLC [email protected]

Active

741 & 747 Ocean Boulevard

Rye NH, 03870

$4,950,000


$740.57 per sqft

Active

12 Beds

13 Baths

6,684 sqft

Residential

Built in 1960

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.

5026054

MLS ID

January 8, 2025

Listed

January 10, 2025

Updated

Map

741 & 747 Ocean Boulevard
Rye NH, 03870

Interior Features

Total Stories

1


Bedrooms

12


Total Bathrooms

13


Full Bathrooms

12


Half Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Wall AC Units


Heating

Yes


Heating Description

Oil, Electric, Hot Water, Wall Units

Exterior/Building Features

Lot Size

1.52 Acres


Roof

Shingle - Asphalt


Sewer

Private

Other Property Details

Area Name

NH-Rockingham


Taxes

$17,123


Tax Frequency

Annually


Days on Market

3


Garage

No


View

No


Pool

No

Listed by James Doucette with Jim Doucette Real Estate, LLC [email protected]

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