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!
Active
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
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
- 44 days
- 3,357
- 217
Zillow last checked:
Listing updated:
Listed by:
Eric Levin,
KW Coastal and Lakes & Mountains Realty 603-610-8500
Source: PrimeMLS,MLS#: 5104484
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
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $799,900-4.5%$302/sqft |
Source: | ||
| 8/11/2026 | Listed for sale | $838,000+249.2%$316/sqft |
Source: | ||
| 7/27/2000 | Sold | $240,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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




