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$499,900 Just Listed
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Property Description
Rare opportunity to build your DREAM WATERFRONT ESTATE on 1.67 PRIVATE ACRES in highly desirable NORTH SALEM. Tucked away in a serene setting within a RURAL ZONING DISTRICT, this READY-TO-BUILD PARCEL offers the perfect blend of PRIVACY, NATURE, WILDLIFE, AND CONVENIENCE. Imagine waking up to peaceful water views and enjoying KAYAKING, PADDLEBOARDING, AND WINTER ICE SKATING right from your own backyard. PENDING FINAL TOWN APPROVAL, this lot is anticipated to abut a stunning new 10-ACRE CONSERVATION AREA featuring WALKING TRAILS, SCENIC OVERLOOKS, AND DIRECT ACCESS TO NATURE. With ample space for a LUXURY CUSTOM HOME, the possibilities are endless. SHOWING REQUEST TO ACCESS THE PROPERTY. Whether you're a builder, investor, or someone looking to create a one-of-a-kind waterfront residence, this exceptional parcel offers a rare combination of location, lifestyle, and potential. Don't miss the chance to bring your vision to life in one of Southern New Hampshire's most sought-after communities. Ideally located just minutes from Interstate 93 and the vibrant Tuscan Village, you'll enjoy easy access to premier shopping, dining, and entertainment while still embracing the tranquility of a secluded retreat. Electricity is already underground, and the property was previously surveyed by a developer in 1988/1989 and approved for construction, with plans on file at Town Hall. Buyer to pay current use taxes and it will be coming off current use status. Buyer and Buyer's Agent are responsible for conducting their own independent due diligence and verification of all information related to the property, including but not limited to zoning, permitted uses, wetlands, utilities, approvals, dimensions, frontage, buildability, and any other matters of importance. Neither Seller nor Listing Broker makes any representations or warranties regarding the accuracy of information provided.
Full Property Details
Full Property Details for 40 Norwood Rd
General
- Price: $499,900
- Taxes: $1,500 (2025)
- Status: Active
- Type: Lots/Land
- Source: PrimeMLS
- MLS ID: 5092784
- Updated: Today (6/4/2026)
- Added to Site: Today
Location
- County: Rockingham
- Driving Directions: GPS
- Location Details: Abuts Conservation, Neighborhood, Pond, Waterfront, Wooded, Private
School Information
- School District: North Salem Central School District
- Elementary School: North Salem Elementary
- Middle School: Woodbury School
- High School: Salem High School
Utilities
- Sewer: On-Site Septic Needed
Lot Features
- Lot Size (Acres): 1.67
- Lot Size (Sq. Ft.): 72,745
- Frontage: TBD
- Potential Use: Residential
- Zoning: RUR
Water Features
- Water Front: Yes
- Water Front Type: Pond
Financial Considerations
- Price Per Sq. Ft.: $299,341
- Tax Amount: $1,500
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Tax Map
- Surveyed: Yes
- Lot Number: 10792
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Schools
Schools serving 40 Norwood Rd
School District:Salem School District, Salem, NH
| Name | Grades | Distance |
|---|---|---|
North Salem Elementary School 140 Zion Hill Road, Salem, NH 03079 | K-5 | 1.1 mi |
Woodbury School 206 Main Street, Salem, NH 03079 | 6-8 | 3.4 mi |
Salem High School, Salem, NH 44 Geremonty Drive, Salem, NH 03079 | 9-12 | 3.6 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 40 Norwood Rd
Date
Details
Price
Change
Source
6/04/2026
Listed
$499,900
—
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 40 Norwood Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2
—
$137
20%
2024
$2
—
$114
—
2023
$2
—
$114
-17%
2022
$2
100%
$137
49%
2021
$1
-67%
$92
-33%
2020
$3
50%
$137
49%
2019
$2
—
$92
-7%
2018
$2
—
$99
—
2017
$2
—
$99
—
2016
$2
—
$99
18%
2015
$2
—
$84
—
2014
$2
—
$84
-7%
2013
$2
—
$90
—
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 40 Norwood Rd
40 Norwood Road, Salem, NH 03079 (MLS# 5092784) is a Lots/Land property with a lot size of 1.67 acres. 40 Norwood Road is currently listed for $499,900 and was received on June 04, 2026. Want to learn more about 40 Norwood Road? Do you have questions about finding other Lots/Land real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

