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  • Listed by: KW Coastal and Lakes & Mountains Realty • Eric Levin
    Price cut: $38.1K (9/15)
    $799,900

    470 Banfield Road, Portsmouth, NH 03801

    4beds
    2,650sqft
    : 
    $5,456/mo
    Get pre-qualified
    Ranch
    Built in 1989
    5.2 Acres Lot
    $-- Zestimate®
    $302/sqft
    $-- HOA

    What's special

    Expansive setting with lawnFinished lower-level spaceMature treesWalkout lower level
    Opportunity, acreage, & Portsmouth ! Three things that rarely come together like this. Set on an impressive 5.2-acre parcel, this home offers something increasingly difficult to find in Portsmouth: space, privacy, an existing home, & tremendous potential for the buyer who can see what this property could become. It needs updating, improvements, & a new owner ready to roll up their sleeves & bring their vision to life. But that's exactly what makes this property so exciting. Here is an opportunity to create something that is truly your own. The existing home offers 4 bedrooms, 3½ baths & approx. 2,650 sq ft of finished living area, including finished lower-level space, along with a walkout lower level & substantial detached heated garage with a finished second level. Outside, the property opens to a surprisingly expansive setting with lawn, mature trees & wooded acreage that gives you a feeling of separation & privacy. Portsmouth remains one of the Seacoast's most desirable communities, prized for its vibrant downtown, restaurants, shopping, arts, waterfront, and convenient access throughout the region. From here, commuters have access to major routes connecting with the rest of the NH Seacoast, Southern Maine & MA. The possibilities here could appeal to a broad range of buyers. An owner-occupant may see the chance to renovate. A contractor,/builder may immediately recognize the value of improving the existing property and see the benefit of the detached garage. An investor may see an opportunity where the combination of location, acreage and existing improvements deserves a much closer look. This isn't a home pretending to be move-in perfect. It's an opportunity. It's for someone who looks beyond what is here today & starts imagining what could be here tomorrow. Smile, you just found your new home!
    44 days
    3,360
    219

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Levin,

    KW Coastal and Lakes & Mountains Realty 603-610-8500

    Source: PrimeMLS,MLS#: 5104484MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Boiler
      Cooling
      • Central Air, Mini Split
      Features
      • Basement: Climate Controlled,Concrete,Finished,Full,Basement Stairs,Walk-Out Access
      Interior area
      • Total structure area: 2,650
      • Total interior livable area: 2,650 sqft
      • Finished area above ground: 1,800
      • Finished area below ground: 850

      Property

      Parking
      • Total spaces: 3
      • Parking features: Paved, Driveway, Off Street, Detached
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5.2 Acres
      • Features: Landscaped, Major Road Frontage, Wooded
      Details
      • Parcel number: PRSMM0265B002BL
      • Zoning description: R
      • Special conditions: Other

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Ranch
      • Property subtype: Ranch
      Materials
      • Wood Frame
      • Foundation: Concrete
      • Roof: Asphalt Shingle
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Electric: 200+ Amp Service, Circuit Breakers
      • Sewer: 1000 Gallon, Leach Field, Private Sewer, Septic Tank
      • Utilities for property: Cable Available, Propane, Phone Available

      Community & HOA

      Location
      • Region: Portsmouth

      Financial & listing details

      • Price per square foot: $302/sqft
      • Tax assessed value: $778,200
      • Annual tax amount: $8,957
      • Date on market: 8/11/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/15/2026Price change$799,900-4.5%$302/sqft
        Source: PrimeMLS #5104484 Report a problem
        8/11/2026Listed for sale$838,000+249.2%$316/sqft
        Source: PrimeMLS #5104484 Report a problem
        7/27/2000Sold$240,000$91/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,700 -2.2%$778,200 +41.1%
        2023$8,897 +6.1%$551,600
        2022$8,384 +3.4%$551,600
        2020$8,109 -0.9%$551,600 +0.1%
        2019$8,185 +3%$550,800 +9.8%
        2018$7,944 +7.9%$501,500 +4.8%
        2017$7,362 +0.8%$478,700 +11.7%
        2016$7,300 +1.5%$428,400
        2015$7,193 +6.7%$428,400 +15%
        2014$6,740 +3.1%$372,400
        2012$6,536 +2.7%$372,400 +1.1%
        2011$6,362 -0.8%$368,400
        2010$6,414 $368,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 03801

        Getting around

        20 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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