Set in one of Hanover’s most desirable locations, this exceptional property offers privacy, lifestyle, and refined living just minutes from downtown. Originally built in 1850, this beautifully restored Cape blends historic charm with a substantial modern addition, creating an impressive 4,500 sq. ft. home. A preserved portion of the antique home adds character, while the newer addition features an open-concept layout ideal for everyday living and entertaining. The home has been extensively renovated with radiant heat, updated baths, and a gourmet kitchen. A formal dining room and elegant living room with fireplace open through French doors to a wraparound covered porch overlooking perennial gardens, open fields, and established trails with fruit trees and berry bushes. Recent improvements include new kitchen flooring, updated lighting, fresh interior paint, and major climate upgrades with two whole-house heat pump/AC systems plus three split units serving the garage, first-floor bedroom, and den. A propane fireplace insert adds warmth and ambiance. The finished lower level offers flexible space for a home office, family room, and gym, with added lighting, shelving, and basement waterproofing. Exterior updates include a new roof, rebuilt dormers, full exterior repainting, new gutters, paved driveway, and a newly built three-car garage with electrical service, along with a rebuilt attached two-car garage and additional outbuildings. The landscaped grounds feature stone walls, gardens, expanded trails, fenced areas, and enhanced lighting and security systems. Numerous additional improvements have been completed—see full list of upgrades in the listing documents. Open House Saturday, May 30th 10am-12pm
Active under contract
Listed by: BHHS Verani Upper Valley
$2,400,000
198 Lyme Road, Hanover, NH 03755
4beds
5,151sqft
Single Family Residence
Built in 1850
4.5 Acres Lot
$2,383,700 Zestimate®
$466/sqft
$-- HOA
What's special
Rebuilt attached two-car garageFormal dining roomUpdated bathsPaved drivewayNew roofNew guttersFull exterior repainting
- 17 days |
- 1,588 |
- 57 |
Zillow last checked:
Listing updated:
Listed by:
Jaime Durell,
BHHS Verani Upper Valley Cell:617-549-3807,
Tracy Nangeroni,
BHHS Verani Upper Valley
Source: PrimeMLS,MLS#: 5090980
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- 3/4 bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Oil, Radiant
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range Hood, Double Oven, Wall Oven, Refrigerator, Washer
- Laundry: 1st Floor Laundry
Features
- Dining Area, Walk-in Pantry, Wet Bar
- Flooring: Carpet, Ceramic Tile, Hardwood
- Windows: Window Treatments
- Basement: Bulkhead,Concrete,Finished,Full,Interior Stairs,Storage Space,Sump Pump,Interior Access,Basement Stairs,Interior Entry
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 5,463
- Total interior livable area: 5,151 sqft
- Finished area above ground: 4,561
- Finished area below ground: 590
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Paved, Auto Open, Direct Entry, Heated Garage, Storage Above, Driveway, Garage, Attached, Detached
- Garage spaces: 5
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 1st Floor 3/4 Bathroom, 1st Floor Bedroom, 1st Floor Laundry
Features
- Levels: 1.75
- Stories: 1.75
- Patio & porch: Covered Porch
- Exterior features: Balcony, Garden, Storage
- Has spa: Yes
- Spa features: Heated
- Fencing: Partial
- Frontage length: Road frontage: 700
Lot
- Size: 4.5 Acres
- Features: Country Setting, Landscaped, Walking Trails
Details
- Additional structures: Outbuilding
- Parcel number: HNOVM015B023L001
- Zoning description: RR
- Other equipment: Standby Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Poured Concrete, Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1850
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers, Generator
- Sewer: Concrete, Leach Field, Private Sewer
- Utilities for property: Cable Available, Propane, Telephone at Site
Community & HOA
Community
- Security: Security, Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Hanover
Financial & listing details
- Price per square foot: $466/sqft
- Tax assessed value: $1,059,500
- Annual tax amount: $23,846
- Date on market: 5/26/2026
- Road surface type: Paved
Estimated market value
$2,383,700
$2.26M - $2.50M
$7,643/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Listed for sale | $2,400,000+50%$466/sqft |
Source:  PrimeMLS #5090980 Report a problem | ||
| 8/21/2023 | Sold | $1,600,000+20.8%$311/sqft |
Source: PrimeMLS #4957447 Report a problem | ||
| 6/21/2023 | Contingent | $1,325,000$257/sqft |
Source: PrimeMLS #4957447 Report a problem | ||
| 6/16/2023 | Listed for sale | $1,325,000+47.4%$257/sqft |
Source: PrimeMLS #4957447 Report a problem | ||
| 11/19/2020 | Sold | $899,000$175/sqft |
Source: PrimeMLS #4812405 Report a problem | ||
| 8/11/2020 | Price change | $899,000-3.9%$175/sqft |
Source: Four Seasons Sotheby's Int'l Realty #4812405 Report a problem | ||
| 6/22/2020 | Listed for sale | $935,000+757.8%$182/sqft |
Source: Four Seasons Sotheby's Int'l Realty #4812405 Report a problem | ||
| 4/16/2001 | Sold | $109,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $20,236 +3.9% | $1,059,500 |
| 2023 | $19,474 +9.7% | $1,059,500 +5.3% |
| 2022 | $17,759 +6.4% | $1,006,200 |
| 2021 | $16,697 | $1,006,200 +20.7% |
| 2020 | $16,697 +1.4% | $833,600 |
| 2019 | $16,472 +3.7% | $833,600 +0% |
| 2018 | $15,883 -16.9% | $833,300 -6.3% |
| 2017 | $19,113 +1.8% | $889,800 |
| 2016 | $18,766 +2% | $889,800 |
| 2015 | $18,392 +4.6% | $889,800 |
| 2014 | $17,582 +7.6% | $889,800 -1.2% |
| 2012 | $16,333 +1.9% | $900,400 |
| 2011 | $16,036 +16.2% | $900,400 +19.4% |
| 2007 | $13,800 | $754,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
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Climate risks
Neighborhood: 03755
Nearby schools
GreatSchools rating
- 9/10Bernice A. Ray SchoolGrades: K-5Distance: 4.9 mi
- 8/10Frances C. Richmond SchoolGrades: 6-8Distance: 4.8 mi
- 9/10Hanover High SchoolGrades: 9-12Distance: 6.6 mi
Schools provided by the listing agent
- Elementary: Bernice A. Ray School
- Middle: Frances C. Richmond Middle Sch
- High: Hanover High School
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- New Hampshire
- Grafton County
- Hanover
- 03755
- 198 Lyme Road
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