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Improved Mixed-Use Land for Sale in Lee, New Hampshire

67 Demeritt Ave, Lee, NH 03861

$897,000
4.75 acres
Active sale
$53k drop
Est $5,641/mo

Stunning 1876 Plumer Homestead on 4.75 private acres with fully assumable VA mortgage at 2.75%. This post-and-beam New England treasure blends authentic 19th-century craftsmanship with thoughtful modern updates while offering peaceful seclusion. Key features include: 3,044 sq ft of living space, 4-5 bedrooms, 5 baths, a chef's kitchen with premium appliances, a grand living room with gas-stove, convertible library/5th bedroom with fireplace, new roofs on main house and the outbuilding, central air-conditioning, automatic whole-house generator, recently added screened 3-season room, carport, and period-appropriate finishes throughout. The charming outbuilding, known as "the schoolhouse," once served as a roadside market and now provides versatile space for studio, guest quarters, storage, or expanded in-law/ADU unit. Endless potential for gardens, outdoor entertaining, or quiet private retreat. Previously operated as a 5-room B&B with all systems intact — ideal for income generation while retaining single-family use. Meticulously maintained and ready for its next chapter as a forever home or turnkey business opportunity. This Lee, NH setting, part of the acclaimed Oyster River School District, delivers peaceful acreage living with easy access to Durham/UNH (12-15 minutes), Portsmouth, and major routes. Rare opportunity to assume a low-rate VA loan and lock in substantial monthly payment savings. Schedule a private tour to experience this living piece of history.

3,044
Sq feet
4
Beds
1
Full bath
3
3/4 baths
1
1/2 bath
1876
Built

Location

Street address
67 Demeritt Ave
Zip code
03861
School district
Oyster River Cooperative
Elevation
166 feet
Coordinates
43.0994, -71.0414

Property details

Acreage
4.75 acres
Zoning
RES
MLS #
NNEREN 5083805
Posted

Property taxes

2025
$16,061

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Coldwell Banker Real Estate

Structure

Stories
2
Basement
Yes
Heating
Heat Pump, Hot Water, Natural Gas, Propane
Cooling
Zoned
Roof
Shingle

Interior

Room Count
12
Rooms
Basement, Bathroom x 5, Bedroom x 4, Den, Dining Room, Kitchen, Laundry, Library
Flooring
Hardwood
Appliances
Cooktop, Dishwasher, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer

Property utilities

CategoryTypeStatus
GasNatural GasConnected
GasPropaneConnected

Nearby schools

NameTypeDistrict
Mast Way SchoolElementaryOyster River Cooperative
Oyster River Middle SchoolMiddleOyster River Cooperative
Oyster River High SchoolHighOyster River Cooperative

Listing history

DateEventPriceChangeSource
May 7, 2026Price drop$897,000$53,000 -5.6%NNEREN
Apr 16, 2026New listing$950,000NNEREN
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This 4.75-acre property is located at 67 Demeritt Ave in Lee, NH 03861. The property is available for sale for $897,000. It has a 3,044 sq ft 4 bedroom, 1 bath house built in 1876.

Listed by Coldwell Banker Realty Nashua, (603) 848-9559

Checked 1 hour agoUpdated Source

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