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  • Listed by: RE/MAX in the Mountains
    Bought with: Silver Key Homes Realty
    $610,000

    38 School Street, Lincoln, NH 03251

    3beds
    1,172sqft
    Single Family Residence
    Built in 1930
    6,970 Square Feet Lot
    $610,200 Zestimate®
    $520/sqft
    $2,193 Estimated rent

    Home value

    $610,200

    $555,000 - $665,000

    $2,193/mo

    Zestimate® history
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    What's special

    Rare Turn-Key Opportunity in In-Town Lincoln! This classic 1.75-story Dutch Colonial at 38 School St offers a premier location with a proven investment track record, generating $75,000 in revenue for 2025. Perfectly situated for convenience, you can stroll to local shopping, dining, the library, church, theater, and the Lin-Wood Public School, all just steps away. Interior Excellence: Step into a modern kitchen featuring elegant marble floors and premium appliances (all <3 years old). The main level flows into a sun-drenched dining area and a spacious living room featuring beautifully refinished fir floors. This level also includes a convenient half-bath. Comfort is guaranteed year-round with a new Gree mini-split system (AC/Heat) and Nest thermostats. Bedroom Level & Basement: The second floor offers a traditional layout with three well-appointed bedrooms and a full, updated bathroom. Every bedroom is equipped with baseboard, a dedicated mini-split and ceiling fan for personalized climate control. For added convenience, the finished laundry room is located in the basement, easily accessed from the dining area stairs. The basement also features a fully heated zone—keeping the main level floors warm—and houses an impeccably organized 200-amp electrical panel and a high-efficiency Viessmann tankless boiler. Luxury Living & Value Add: The private side yard is an outdoor oasis with a gazebo and a 4-person Hot Springs salt-water hot tub. Across the town-maintained Govoni Lane, the property includes a detached 2-car garage. Given the Village Residential zoning, there is significant potential to explore an Accessory Dwelling Unit (ADU) conversion for increased value or rental density. Sold Turn-Key: This home is offered fully furnished, making it a seamless transition for a primary residence or a high-performing short-term rental.

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Chenard,

    RE/MAX in the Mountains 603-745-8300

    Bought with:

    Courtney Hoy

    Silver Key Homes Realty

    Source: PrimeMLS,MLS#: 5082931MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Propane, Multi Fuel, Baseboard, Direct Vent, Hot Water, Zoned, Mini Split
    Cooling
    • Mini Split
    Appliances
    • Included: Dishwasher, Dryer, Range Hood, Microwave, Gas Range, Refrigerator, Washer, Instant Hot Water, Tankless Water Heater
    • Laundry: Laundry Hook-ups, In Basement
    Features
    • Ceiling Fan(s), Dining Area, Walk-In Closet(s), Smart Thermostat
    • Flooring: Marble, Softwood, Wood
    • Windows: Drapes, Window Treatments
    • Basement: Bulkhead,Climate Controlled,Concrete,Concrete Floor,Daylight,Partially Finished,Interior Stairs,Interior Access,Basement Stairs,Interior Entry
    • Furnished: Yes
    Interior area
    • Total structure area: 1,880
    • Total interior livable area: 1,172 sqft
    • Finished area above ground: 1,092
    • Finished area below ground: 80

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, Garage, Off Street, Detached
    • Garage spaces: 2
    Features
    • Levels: 1.75
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: Building, Garden
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Mountain(s)
    • Frontage length: Road frontage: 50
    Lot
    • Size: 6,970 sqft
    • Features: Interior Lot, Level, Sidewalks, In Town, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Neighborhood, Near School(s)
    Details
    • Parcel number: LNCOM113B121000L0000000
    • Zoning description: Village Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial,Gambrel
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Asbestos Exterior
    • Foundation: Concrete, Block w/ Skim Coating
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Sewer: Public Sewer
    • Utilities for property: Cable Available, Propane, Phone Available

    Community & neighborhood

    Location
    • Region: Lincoln

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/15/2026Sold$610,000-1.6%$520/sqft
    Source: PrimeMLS #5082931 Report a problem
    5/7/2026Pending sale$620,000$529/sqft
    Source: PrimeMLS #5082931 Report a problem
    4/15/2026Listed for sale$620,000+67.6%$529/sqft
    Source: PrimeMLS #5082931 Report a problem
    8/14/2023Sold$370,000-2.6%$316/sqft
    Source: PrimeMLS #4955262 Report a problem
    6/28/2023Price change$379,900-5%$324/sqft
    Source: PrimeMLS #4955262 Report a problem
    6/1/2023Listed for sale$399,900+116.2%$341/sqft
    Source: PrimeMLS #4955262 Report a problem
    10/3/2018Listing removed$184,999$158/sqft
    Source: O'Rourke Realty #4710154 Report a problem
    8/15/2018Price change$184,999-2.6%$158/sqft
    Source: O'Rourke Realty #4710154 Report a problem
    8/1/2018Listed for sale$190,000+100%$162/sqft
    Source: O'Rourke Realty #4710154 Report a problem
    9/17/2012Sold$95,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,744 +0.4%$234,900 +0.4%
    2023$2,733 +10.7%$234,000
    2022$2,469 +29.3%$234,000
    2021$1,909 $234,000 +73.6%
    2020$1,909 $134,800
    2018$1,909 +7.4%$134,800
    2016$1,778 -15.7%$134,800 -12%
    2015$2,110 -0.1%$153,100
    2014$2,113 +32.6%$153,100 -12.4%
    2009$1,593 $174,850

    Find assessor info on the county website

    Neighborhood: 03251

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lin-Wood Public School
    • Middle: Lin-Wood Public School
    • High: Lin-Wood Public HS
    • District: Lincoln/Woodstock SAU #16

    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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