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$500,000 Just Listed
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Property Description
Waterfront Camp on Arlington Reservoir - A Classic New Hampshire Summer Escape Tucked beneath a canopy of tall pines and set directly on the sandy shoreline of Arlington Reservoir, this seasonal waterfront camp captures everything people love about lake life. Wake up to sparkling water views, spend your days boating, swimming, fishing, or simply relaxing by the shore, and gather around the fire pit as the sun sets over the lake. The cottage features a stone fireplace, cozy living room, small kitchen, two bedrooms, a 3/4 bath, and enclosed porches on both the front and back of the home. Outside, you'll find a dock, storage shed for all your lake toys, and direct access to one of Southern New Hampshire's most sought-after recreational lakes, where all boating and watercraft are welcome. The property offers incredible potential for renovation, expansion, or a future rebuild, allowing the next owner to create a custom waterfront retreat in an exceptional location. Property is being sold as is. Professional Photos Coming Soon.
Full Property Details
Full Property Details for 34 Gillis Terrace
General
- Price: $500,000
- Taxes: $7,302 (2026)
- Status: Active
- Type: Single Family
- Source: PrimeMLS
- MLS ID: 5093315
- Updated: 6/9/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: 1 Fireplace
- Fireplace: Yes
- Appliances: Refrigerator, Electric Stove
Rooms
Bathrooms
- Total Bathrooms: 1
- 3/4 Bathrooms: 1
- Bathroom 1: Bathroom Three Quarter, Level 1
Bedrooms
- Total Bedrooms: 2
- Bedroom 1: Level 1
- Bedroom 2: Level 1
Other Rooms
- Living Room: Level 1
- Kitchen: Kitchen, Level 1
Exterior
- Exterior Features: Boat Slip/Dock, Enclosed Porch
- Color: Red
Location
- County: Rockingham
- Driving Directions: East Broadway to Mill Pond to N Main St to Gillis Terrace (dead end)
School Information
- School District: Salem School District
- Elementary School: North Elementary School
- Middle School: Woodbury School
- High School: Salem High School
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Holding Tank
Structural Information
- Construction Status: Existing
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 535
- Finished Total: 535 Sq. Ft.
- Finished Above Grnd: 535 Sq. Ft.
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Frontage: TBD
- Driveway/Sidewalk: Dirt
- Zoning: Res
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Reservoir
- Water Front Name: Arlington Mill Reservoir
- Water Front Owned: 1
Financial Considerations
- Price Per Sq. Ft.: $934.58
- Tax Amount: $7,302
- Tax Year: 2026
Disclosures and Reports
- Documents Avail.: Deed, Property Disclosure
- Block: 5729
Listed by EXP Realty, Karen Rivard
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Schools
Schools serving 34 Gillis Terrace
School District:Salem School District, Salem, NH
| Name | Grades | Distance |
|---|---|---|
North Salem Elementary School 140 Zion Hill Road, Salem, NH 03079 | K-5 | 0.8 mi |
Woodbury School 206 Main Street, Salem, NH 03079 | 6-8 | 3.1 mi |
Salem High School, Salem, NH 44 Geremonty Drive, Salem, NH 03079 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 34 Gillis Terrace
Date
Details
Price
Change
Source
6/08/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 34 Gillis Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,302
4%
$402,100
1%
2024
$7,010
8%
$398,300
4%
2023
$6,471
6%
$381,566
—
2022
$6,124
—
$381,566
—
2021
$6,097
29%
$381,566
77%
2020
$4,737
—
$215,100
—
2019
$4,728
2%
$215,100
—
2018
$4,648
4%
$215,100
—
2017
$4,483
2%
$215,100
—
2016
$4,394
30%
$215,100
36%
2015
$3,386
3%
$158,300
—
2014
$3,291
5%
$158,300
3%
2013
$3,143
—
$153,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 34 Gillis Terrace
34 Gillis Terrace, Salem, NH 03079 (MLS# 5093315) is a Single Family property with 2 bedrooms, 0 full bathrooms and 1 partial bathroom. 34 Gillis Terrace is currently listed for $500,000 and was received on June 08, 2026. Want to learn more about 34 Gillis Terrace? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

