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1191 - 1193 Ocean Boulevard, 
Rye, NH 03870

$4,500,000


6

Beds


Bath


4,847

Sq Ft


Multi-Family

Active

Listed by

Brett Mulvey

Tate & Foss Sotheby'S International Rlty

603-964-8028

Last updated:

December 17, 2025, 01:34 PM

MLS#

5057766

Source:

PrimeMLS

About This Home

1191 - 1193 Ocean Boulevard

An exceptional investment opportunity along Rye’s Ocean Boulevard—just moments from Wallis Sands Beach. This rare offering features five residential units plus a seasonal restaurant, combining strong rental income with long-term redevelopment potential in one of the Seacoast’s most desirable coastal settings. 1193 Ocean Boulevard includes two 1BR/1BA apartments on the first floor and a spacious 3BR residence on the second floor. 1191 Ocean Boulevard offers a first-floor studio apartment along with a well-established seasonal restaurant and bar featuring indoor dining, outdoor seating, a takeout window, and ample parking. Together, the properties deliver versatility, steady cash flow, and exciting upside. With direct marsh frontage, ocean breezes, and the sound of waves just steps away, this property embodies the coastal lifestyle tenants and guests are drawn to. Investors may continue operations as-is, expand residential offerings, or redevelop the parcels into luxury condominiums, multifamily residences, or even a signature single-family estate. A rare chance to secure prime coastal real estate with scale, flexibility, and location—all within walking distance to the sand, surf, and sunsets of Wallis Sands Beach. All units currently rented. Please do not solicit information on site.

Home Facts

Multi-Family

6 Bedrooms

Built in 1958

Price Summary

4,500,000

$928 per Sq. Ft.

MLS #:

5057766

Last Updated:

December 17, 2025, 01:34 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Interior

Living Area:

4,847 Sq. Ft.


Structure

Structure

Building Area:

4,847 Sq. Ft.

Year Built:

1958


Lot

Lot Size (Sq. Ft):

38,333


Finances & Disclosures

Finances

Price:

$4,500,000

Price per Sq. Ft:

$928 per Sq. Ft.

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Copyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. 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 January 5, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.