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7&8 Spruce Lane, Sandown, NH, 03873

2beds
1baths
1,433sqft
$575,000
$401price/sqft
$3,995/moest. monthly cost
$159,800/yrincome needed

About This Home

Waterfront!! 7 & 8 Spruce Lane in Sandown, NH are being sold together. A waterfront cottage and a 0.30 +/- acre parcel are being offering on Phillips Pond. An amazing opportunity to own waterfront. 8 Spruce features a camp style home, sitting right on the water with jaw-dropping, northwestly facing sunsets that light up the entire pond. It’s the kind of view people chase for years. The house itself needs some work, but that’s exactly where the opportunity lies... bring your vision, renovate, and create a standout waterfront property. 7 Spruce is its own waterfront lot next door, adding flexibility, privacy, and future potential. Keep it as a buffer, expand your footprint, or explore long-term possibilities. Phillips Pond is a peaceful, approx. 95-acre lake known for swimming, kayaking, fishing, and relaxed boating, everything you want out of NH lake life without the heavy crowds. And with Sandown's convenient location, you’re within easy reach of the Seacoast and Boston. This is a rare chance to secure true waterfront at a price point that barely exists anymore. Perfect for investors, contractors, or buyers ready to roll up their sleeves and create something special.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

--
Sandown Central SchoolGrades PK-K0.7 mi
5/10

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Poured Concrete
  • Roof: Asphalt Shingle
  • Construction materials: Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage/Camp
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,433

Heating & Cooling

  • Heating features: Propane,Hot Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,865
  • Total interior livable area: 1,433 sqft

Property

Details

  • Zoning description: R

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterbody name: Phillips Pond

Lot

  • Lot size: 0.60 Acres
  • Features: Near Shopping,Neighborhood,Near School(s)

Parking

  • Parking features: Gravel,Driveway,Parking Spaces 11 - 20
  • Has uncovered spaces: Yes

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

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm
Snowstorm
Winter 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 $2,907$34,884
Home Insurance $163$1,956
Property Taxes $642$7,704
Electricity $283$3,398
Total$3,995$47,940

Income You'd Need if You Spent...

35% on housing$136,971/yr
40% on housing$119,850/yr
45% on housing$106,533/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: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$401This listing

vs Other Active Listings

Avg $/sqft

ZIP 03873$319
Rockingham County$349

vs Homes Sold Last Month

Median $/sqft

ZIP 03873$259
Rockingham County$328

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
2026-05-11Listed for sale$575,000

For Sale by Agent

AgentAdam Dow
BrokerageKW Coastal and Lakes & Mountains Realty/Wolfeboro

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