Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Islands Realty
Property view
Listing view 2
Listing view 3

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:

October 17, 2025, 10:23 AM

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:

October 17, 2025, 10:23 AM

Added:

2 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.

MLS Logo
Copyright 2025 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 November 9, 2025

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.