58 State St, Portsmouth, NH 03801

$8,500,000
8
BD
12
BA
8,583
SqFt

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Listing courtesy of Jennifer Madden from Gibson Sotheby's International Realty. ()

List Price
$8,500,000
Status
ACTIVE UNDER CONTRACT
MLS#
5085575
Property Type
Single Family Residence
Bedrooms
8
Bathrooms
12
Living Area
8,583
Lot Size
3,485
Acres
0.08
Year Built
2008

Property Description

A rare and truly exceptional offering in the heart of downtown Portsmouth—this one-of-a-kind property includes a luxury penthouse residence, a second residential unit, and two commercial storefronts, all offered in its entirety. Built in 2008 and meticulously maintained, the property blends modern construction, upscale amenities, and timeless interior style in an unbeatable downtown location. The main entrance on State Street opens to a foyer with elevator access to both residences and the lower level. A four-car garage is accessed from the rear of the foyer, while two ground-level storefronts with premier State Street frontage flank the entrance. Both retail spaces are leased to established tenants, with one at-will and one under lease. The second floor features a spacious three-bedroom, four-bath garden-style residence with an open-concept floor plan, hardwood floors, gas fireplaces, and three en suite bedrooms. The third and fourth floors comprise a stunning two-story penthouse offering four bedrooms and six baths, including four en suite bedrooms plus a fifth en suite office or guest suite. The expansive main living level showcases a chef’s kitchen with island, casual and formal dining areas, private office, mudroom, and rich cognac-toned wide-pine floors. Expansive decks span all three residential levels, each oriented toward the quiet, sun-filled, south-facing Court Street side. Additional highlights include secure private elevator access to each residence, four deeded garage parking spaces with additional storage, and a finished lower level ideal for a fitness room, wine storage, or flexible use space.Condominium conversion potential presents a rare investment or legacy ownership opportunity. Enjoy the many benefits of New Hampshire living, including no state income or sales tax, close proximity to the scenic coastlines and beaches of NH and Maine, and convenient access to 4 regional and international airports in less than one hour.

Additional Information

Taxes
$75,479
Listing Agent
Jennifer Madden
Listing Office
Gibson Sotheby's International Realty
Style
Colonial, Reproduction
School District
Portsmouth
Elementary School
Little Harbor School
Middle School
Portsmouth Middle School
High School
Portsmouth High School
Exterior Features
Deck
Interior Features
Bar, Drapes/Blinds, Ceiling Fans, Separate Dining Room, Elevator, Gas Fireplace, Fireplace(s), Fireplace(s), Fireplace(s), In-Law Arrangement, In-Law Arrangement, Kitchen Island, Kitchen/Dining, Open Kitchen, Open Kitchen, Laundry Hook-ups, Dining Combo, Bath in Primary Bedroom, Natural Light, Security System, Security System, Soaking Tub, Wired Audio, Vaulted/Cathedral Ceilings, Walk-In Closet(s), Walk-In Pantry, Programmable Thermostat
Water Type
River
Electric
Circuit Breakers
Utilities
Other
Basement
Concrete, Concrete, Finished, Full, Interior Stairs, Interior Entry, Basement Stairs
Foundation
Concrete
Sewer
Public Sewer
Roof
Architectural
Zoning
CD4
Water
Public

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Calculator source: Real Geeks

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