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.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 1
Living Area: 6,684 SqFt
Listing Office:
Office Name: Jim Doucette Real Estate, LLC
Office Email: jdoucet@worldpath.net
Listing Agent: James Doucette
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 12
Total Bedroom Count: 12
Lot Features
Lot Information:
Lot Size: 1.52 Acres
Utilities
Utilities Information:
Heating: Oil, Electric, Hot Water
Price Information
Listing Price Info
Price Summary:
List Price: $4,950,000
Price Per SqFt: $741/SqFt
Tax Information:
Annual Amount: $12,613
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 1/15/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$12,613
$1,234,100
2019
$12,544
$1,227,400
2017
$12,409
$1,227,400
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.7K
Per Month
Principal & Interest
$24.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Rye Elementary School
461 Sagamore Rd
Distance between this listing and this school3.62 miles
Public District Grades KG-4
8
/10
Adeline C. Marston School
4 Marston Way
Distance between this listing and this school4.01 miles
Public District Grades 3-5
7
/10
Mary C. Dondero Elementary School
32 Van Buren Ave
Distance between this listing and this school4.23 miles
Public District Grades KG-5
Nearby Schools
7
/10
Rye Junior High School
501 Washington Rd
Distance between this listing and this school2.63 miles
Public District Grades 5-8
8
/10
North Hampton School
201 Atlantic Ave
Distance between this listing and this school2.94 miles
Public District Grades PK-8
6
/10
Hampton Academy
29 Academy Ave
Distance between this listing and this school4.27 miles
Public District Grades 6-8
Nearby Schools
7
/10
Winnacunnet High School
1 Alumni Dr
Distance between this listing and this school4.58 miles
Public District Grades 9-12
8
/10
Portsmouth High School
50 Andrew Jarvis Dr
Distance between this listing and this school5.73 miles
Public District Grades 9-12
4
/10
Robert W Traip Academy
12 Williams Ave
Distance between this listing and this school7.76 miles
The neighbors living near this home have an average income of $87,195. The majority of Rye, NH residents have income between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 741 Ocean Blvd
What is the listing price of this property?
The listing price of 741 Ocean Blvd property is $4,950,000.
What type of property is this?
The property 741 Ocean Blvd is a house located in Rye, New Hampshire, 03870.
Is this property for sale now?
Active Listing: 741 Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $12,613 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 741 Ocean Blvd has 12 bedrooms and 12 full and 1 half bathrooms.
What is the square footage of this property?
The property 741 Ocean Blvd is 6,684 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 741 Ocean Blvd is 1960.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 741 Ocean Blvd in Rye, NH and zip code 03870 in the Seacoast neighborhood. This 6,684 square foot home, which was built in 1960, sits on a 1.52 acre lot. Features: 12 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since January 08, 2025 and is currently priced at $4,950,000.
In December 2024 more than 0 listings in Rye, NH were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. The number of homes for sale in Rye, NH decreased by 25% between November 2024 and December 2024.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2025 PrimeMLS, 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 PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Figure Skating
Stein Mart
BJs Wholesale Club
Kmart
Bob Evans
Panera
Cracker Barrel
Lincoln
Infiniti
Lexus
News/Talk/Information
Adult Hits
Oldies