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3 Magnolia Way, Keene, NH, 03431

2beds
2baths
1,292sqft
$479,000
$371price/sqft
$3,627/moest. monthly cost
$145,080/yrincome needed

About This Home

Brand New Ranch in Sought-After Keene – No HOA! Be the first to enjoy this beautifully crafted, brand-new ranch style home ideally situated on a quiet cul-de-sac in desirable Keene, NH. Designed for easy one-level living, this thoughtfully built home offers 2 spacious bedrooms and 2 full baths with a bright, open-concept layout perfect for today’s lifestyle. The stylish kitchen features classic shaker-style cabinetry, gleaming quartz countertops, and luxury plank flooring that flows seamlessly into the living and dining areas—creating a warm and inviting space for everyday living and entertaining. Built with comfort and sustainability in mind, this home offers energy-efficient construction to help keep utility costs down while maximizing year-round comfort. A full basement provides excellent storage or potential for future finishing, and the attached 2-car garage adds everyday convenience. Relax on the welcoming front porch or enjoy outdoor gatherings on the back deck overlooking your yard. Best of all—no homeowner’s association fees or restrictions! Move-in ready and built for modern living—don’t miss this opportunity to own a brand-new home !

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

8/10
4/10
Keene Middle SchoolGrades 6-83.0 mi
6/10
Keene High SchoolGrades 9-122.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete
  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Ranch
  • Property subType: Ranch

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: 1st Floor Laundry

Basement

  • Has basement: Yes
  • Basement: Concrete Floor,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Kitchen/Dining,Natural Light
  • Flooring: Vinyl Plank
  • Attic: Attic with Hatch/Skuttle
  • Finished area below ground: 0
  • Finished area above ground: 1,292

Heating & Cooling

  • Heating features: Propane,Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 2,584
  • Total interior livable area: 1,292 sqft

Property

Details

  • Parcel number: KEENM117L38
  • Zoning description: Res

Features

  • Levels: One
  • Stories: 1
  • Frontage length: Road frontage: 108

Lot

  • Lot size: 10,454 sqft
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Cold Wave
Ice Storm
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,422$29,064
Home Insurance $176$2,112
Property Taxes $746$8,952
Electricity $283$3,398
Total$3,627$43,524

Income You'd Need if You Spent...

35% on housing$124,354/yr
40% on housing$108,810/yr
45% on housing$96,720/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 0.9%
0.9%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$371This listing

vs Other Active Listings

Avg $/sqft

ZIP 03431$215
Cheshire County$248

vs Homes Sold Last Month

Median $/sqft

ZIP 03431$221
Cheshire County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-19Listed for sale$499,900
2025-11-26Listing removed$499,900
2025-10-08Listed for sale$499,900

New Construction

AgentNancy Proctor
BrokerageBHG Masiello Keene

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