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$5,995,000
64 Days Online

741 & 747 Ocean Boulevard
Rye, NH 03870

For Sale|Single Family Residence|Active
12
Beds
12
Full Baths
1
Partial Bath
6,684
SqFt
$897
/SqFt
1960
Built
County:
NH-Rockingham
Listing courtesy of James Doucette of Jim Doucette Real Estate, LLC

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741 & 747 Ocean Boulevard741 & 747 Ocean Boulevard741 & 747 Ocean Boulevard741 & 747 Ocean Boulevard
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Make this 1960s 4-season motor inn your beach home and business. It underwent a complete, historically sensitive renovation in 2021. Completely modernized for today's traveler while reintroducing the on-trend, retro-themed decor, this unique property is poised for continued growth. Offering 12 studio and 1-bedroom units over two structures, these apartment-style rooms provide the flexibility for longer stays as each has its own full kitchen and bathroom. Current ownership operates as a limited service apart-hotel model with year over year growth since opening in 2021. Approvals are in place to add a 1000 sq ft, 2-bedroom apartment above the retail/office space that could serve as owner’s quarters or make the bungalow your home. The oversized, heated pool with spacious deck and bold views to the Isles of Shoals is an ideal for setting for small events. The large, flat yard can accommodate tents, a perfect setting for popular micro-weddings of 30 or less guests. The poolside cabana with bathroom has been designed to accommodate a commercial caterer’s kitchen/bar for event purposes. The property also includes a petite retail/office space that houses the popular boutique: The Swim Shop. Continue to operate this seasonal retail component or lease for additional income. Set across Ocean Boulevard from the ocean and a short walk to Odiorne State Park. Or re-imagine this rare 1.52 ac. ocean view parcel.

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Listing Snapshot
Price 
$5,995,000
Days Online 
64 Days
Bedrooms 
12
Inside Area (SqFt) 
6,684 sqft
Total Baths 
12.5
Full Baths 
12
Partial Baths 
1
Lot Size 
1.52 Acres
Year Built 
1960
MLS® Number 
5015046
Status 
Active
Property Tax 
$15,881
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $5,995,000
3 weeks agoStatus changed to Active
2 months agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1.52
Number Of Stories 
1
Parking 
Paved
Property Sub Type 
Single Family Residence
SqFt Above 
6684
SqFt Total 
6684
Style 
Bungalow
Water Source 
Public
Zoning 
commercial
Interior Features
Heating 
ElectricHot WaterOil
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Exterior Features
Roof 
FiberglassShingle
View 
Water
Waterfront Features 
Beach Access
Waterview 
Water
Listing courtesy of James Doucette of Jim Doucette Real Estate, LLC



Copyright 2024, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Last Updated: 2024-10-08 12:30 AM UTC

Neighborhood & Commute
Source: Walkscore
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