165 Calef Highway in Lee, New Hampshire is a rare waterfront retreat offering the absolute perfect blend of privacy, recreation, and serenity. Nestled on a picturesque 3.5 acre lot with stunning views of Wheelwright Pond, this 3-bedroom, 2-bathroom home includes water access, a private dock, and an inviting setting designed to embrace the beauty of every season. Inside, you'll find a warm and welcoming layout with spacious living areas and a finished basement, providing flexible space for entertaining, a home office, gym, or recreation room. The home's thoughtful design allows for comfortable everyday living while maximizing the surrounding natural beauty. Step outside and enjoy everything this unique property has to offer. Relax after a day on the water in the outdoor shower or jacuzzi, cultivate your favorite plants in the greenhouse, or take advantage of the detached garage for vehicles, storage, and hobbies. Whether you're boating, kayaking, fishing, or simply soaking in the tranquil waterfront views, this property delivers the quintessential New Hampshire lifestyle. Conveniently located in the desirable Oyster River School District while offering the peace and privacy of a waterfront setting, 165 Calef Highway is a rare opportunity to own your own slice of Wheelwright Pond paradise. Open House 6/27 and 6/28 from 11AM - 1PM
Active
Listed by: New Space Real Estate, LLC • Alexander Lighthall
$965,000
165 Calef Highway, Lee, NH 03861
3beds
2,120sqft
Single Family Residence
Built in 1987
3.49 Acres Lot
$-- Zestimate®
$455/sqft
$-- HOA
What's special
Private dockWater accessOutdoor showerTranquil waterfront viewsWarm and welcoming layoutFinished basement
- 10 days |
- 1,508 |
- 70 |
Zillow last checked:
Listing updated:
Listed by:
Alexander Lighthall,
New Space Real Estate, LLC 603-242-1498,
Krista Lombardi,
New Space Real Estate, LLC
Source: PrimeMLS,MLS#: 5096728
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Oil, Hot Water
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Electric Water Heater
- Laundry: In Basement
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Dining Area, Natural Woodwork, Vaulted Ceiling(s)
- Flooring: Carpet, Hardwood, Laminate, Softwood
- Windows: Skylight(s), Window Treatments
- Basement: Full,Partially Finished,Interior Entry
- Fireplace features: Wood Stove Insert
Interior area
- Total structure area: 2,736
- Total interior livable area: 2,120 sqft
- Finished area above ground: 1,688
- Finished area below ground: 432
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Paved, Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Porch
- Exterior features: Boat Slip/Dock, Garden
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond Frontage, Waterfront
- Body of water: Wheelwright Pond
- Frontage length: Water frontage: 75
Lot
- Size: 3.49 Acres
- Features: Landscaped, Wooded
Details
- Additional structures: Greenhouse
- Parcel number: LLEEM00011B000001L003200
- Zoning description: RES
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Log Home, Log Siding Exterior
- Foundation: Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Private Sewer, Septic Tank
- Utilities for property: Cable Available, Fiber Optic Internt Avail
Community & HOA
Location
- Region: Lee
Financial & listing details
- Price per square foot: $455/sqft
- Tax assessed value: $502,300
- Annual tax amount: $13,869
- Date on market: 6/25/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $965,000+187.2%$455/sqft |
Source: | ||
| 3/12/2010 | Sold | $336,000-0.9%$158/sqft |
Source: Public Record Report a problem | ||
| 12/7/2009 | Listing removed | $339,000$160/sqft |
Source: Homes.com #2787188 Report a problem | ||
| 10/21/2009 | Price change | $339,000-4.5%$160/sqft |
Source: The Masiello Group Real Estate #2787188 Report a problem | ||
| 7/5/2009 | Listed for sale | $355,000$167/sqft |
Source: Better Homes and Gardens Real Estate The Masiello Group #2787188 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,944 +9.1% | $502,300 |
| 2023 | $11,869 +8.8% | $502,300 |
| 2022 | $10,910 +9.4% | $502,300 +60.4% |
| 2021 | $9,975 | $313,100 |
| 2020 | $9,975 +1.2% | $313,100 |
| 2019 | $9,860 +3% | $313,100 |
| 2018 | $9,571 +2.1% | $313,100 |
| 2017 | $9,374 +2.4% | $313,100 |
| 2016 | $9,158 +3.5% | $313,100 +3.5% |
| 2015 | $8,848 -1.5% | $302,500 |
| 2014 | $8,984 -0.8% | $302,500 |
| 2012 | $9,057 +13.2% | $302,500 -3.9% |
| 2010 | $8,002 -0.1% | $314,800 -0.6% |
| 2009 | $8,009 -1.1% | $316,800 |
| 2008 | $8,101 +3.6% | $316,800 |
| 2007 | $7,822 | $316,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 03861
Nearby schools
GreatSchools rating
- 8/10Mast Way SchoolGrades: K-4Distance: 1 mi
- 8/10Oyster River Middle SchoolGrades: 5-8Distance: 4.5 mi
- 10/10Oyster River High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Mast Way School
- Middle: Oyster River Middle School
- High: Oyster River High School
- District: Oyster River Cooperative
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New Hampshire
- Strafford County
- Lee
- 03861
- 165 Calef Highway





