List Price: $295,000 | 3 Bedroom | 1 Bathroom | 2 Story Single Family Home on Mascoma
Date Listed Thursday Jul 23, 2026 | MLS# 5101403


Address: 15 Payne Road Lebanon NH
Listed by Tyler Hall BHHS Verani Upper Valley Cell: 802-359-2687
Description:
Rare opportunity to own a 1.42-acre property in Lebanon, NH, ideally located along quiet Payne Road at the western tip of Mascoma Lake. Mostly cleared and level, the lot features mature trees that provide natural shade and privacy while offering ample space for your vision. The property abuts the Rail Trail, with direct access via a short path, making it easy to enjoy walking, biking, and outdoor recreation. An existing house with a poured concrete foundation is currently on site for new owners to consider, or to conduct their own due diligence regarding the condition. Conveniently located a short walk from Mascoma Lake and just minutes to Dartmouth Health, Dartmouth College, downtown Lebanon, and Hanover, this property offers an exceptional opportunity to create your ideal home in a highly desirable Upper Valley location.

Room Information:
Total Rooms: 6
Total Baths: 1
Full Baths: 1
Bedrooms: 3
Basement: Unfinished

Construction Information:
Year Built: 1935
Type: Wood Frame | Wood Siding

Building Info
Finished Sq.Ft.: 1912
Above Grade Sq.Ft.: 0
Below Grade Sq.Ft.: 0
Apx Below Grade Unfinished Sq.Ft.: 736

Exterior Info
Style: Cape
Roof: Shingle

Utilities
Electric: Other
Water: Spring
Sewer: On-Site Septic Exists

Land Description:
Country Setting | Level | Open | Trail/Near Trail | Walking Trails | Wooded | Near Paths | Near Snowmobile Trails | Neighborhood | Rural | Near Public Transport | Near Hospital | Near ATV Trail | Near School(s) | Private
Lot size: 1.42 acres
Zoned: RL1
Surveyed: Yes
Flood Zone: No
Seasonal: No
Driveway: Dirt | Gravel

Additional Information
Block - 12
Taxes $2,234
Assesed Value Not Reported
Schools
School District: Lebanon School District
Elementary School: Hanover Street School
Middle School: Lebanon Middle School
High School: Lebanon High School

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