Listed by Matthew Drechsel • EXP Realty (Phone: 603-339-9793).
For sale
$325,000
Est. $2,214/mo —
2
bd
•
1 ba
•
798
sq ft
17 First St, Windham, NH 03087
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About this home
BUILDERS AND INVESTORS! Rare opportunity just steps from the community beach, boat launch, and small marina on sought-after Cobbetts Pond. Set on a 0.37-acre lot, this property is best suited for investors and builders; the existing 2-bedroom, 1-bath cottage (built 1920, approx. 798 sq ft) shows significant deferred maintenance and is not salvageable, making this essentially a lot sale with an established location in a highly desirable lake community. The lot is serviced by private well water; buyers should factor in the cost of establishing permanent utilities and confirm zoning, setback, and septic/well requirements with the Town of Windham before purchase. Surrounded by trees and open space, the property offers privacy while being part of a lakeside neighborhood. Cobbetts Pond is known for swimming, kayaking, fishing, and scenic beauty, and residents of Windham enjoy highly regarded schools, local shops and dining, and easy commuting via I-93 to Manchester, Nashua, and Boston. This is a chance to secure a foothold in the Cobbetts Pond lifestyle with land, location, and long-term potential. Buyer to perform own due diligence regarding rebuild feasibility, permitting, and lot coverage. Photos may be digitally enhanced.
BUILDERS AND INVESTORS! Rare opportunity just steps from the community beach, boat launch, and small marina on sought-after Cobbetts Pond. Set on a 0.37-acre lot, this property is best suited for investors and builders; the existing 2-bedroom, 1-bath cottage (built 1920, approx. 798 sq ft) shows significant deferred maintenance and is not salvageable, making this essentially a lot sale with an established location in a highly desirable lake community. The lot is serviced by private well water; buyers should factor in the cost of establishing permanent utilities and confirm zoning, setback, and septic/well requirements with the Town of Windham before purchase. Surrounded by trees and open space, the property offers privacy while being part of a lakeside neighborhood. Cobbetts Pond is known for swimming, kayaking, fishing, and scenic beauty, and residents of Windham enjoy highly regarded schools, local shops and dining, and easy commuting via I-93 to Manchester, Nashua, and Boston. This is a chance to secure a foothold in the Cobbetts Pond lifestyle with land, location, and long-term potential. Buyer to perform own due diligence regarding rebuild feasibility, permitting, and lot coverage. Photos may be digitally enhanced.
PrimeMLS #5111290
Sep 24, 2026
Listed
$325,000
$407/sq ft
FSBO.com #cmsxs3nf001wss6010o8aa7qt
Aug 24, 2026
Price Changed
$319,999
$401/sq ft
Aug 18, 2026
Listed
$349,000
$437/sq ft
""COBBETTS POND AREA — 0.37-ACRE REDEVELOPMENT OPPORTUNITY! Rare opportunity to own approximately 0.37 acres in the desirable Cobbetts Pond neighborhood of Windham NH. This long-held family property is being offered strictly AS-IS and presents a unique opportunity for a builder investor contractor or buyer looking to create something new in a sought-after Southern New Hampshire location. The existing dwelling is approximately 798 sq. ft. with 2 bedrooms and 1 bathroom and is in poor condition. The property is identified on the town tax card as having deferred maintenance and should be viewed primarily as a tear-down/redevelopment opportunity rather than a traditional move-in-ready home. The real opportunity is the land and location. The approximately 0.37-acre parcel is substantially larger than many of the smaller legacy lots in the immediate Cobbetts Pond neighborhood and offers an appealing setting for someone willing to explore the propertys redevelopment potential. Enjoy the Cobbetts Pond lifestyle with nearby opportunities for swimming kayaking fishing and boating all while enjoying the privacy of an established Windham neighborhood. Conveniently located near local shopping dining and I-93 with easy access to Manchester Nashua and Boston. With 0.37 acres potential pond views and redevelopment potential this is a unique opportunity to create something of your own in the desirable Cobbetts Pond area. This property has been in our family for decades a
Year
Property tax
Land + Additions
Assessment*
2024
$4,243 (+5.8%)
$155,900 + $31,500
$187,400
2023
$4,010 (+9.4%)
$155,900 + $31,500
$187,400
2022
$3,665 (+6.1%)
$155,900 + $29,600
$185,500
2021
$3,454 (−2.7%)
$155,900 + $29,600
$185,500
2020
$3,549 (+18.6%)
$155,900 + $29,600
$185,500
2019
$2,992 (−3.2%)
$100,800 + $31,900
$132,700
2018
$3,091 (+15.3%)
$100,800 + $31,900
$132,700
2017
$2,681 (−7.4%)
$100,800 + $31,900
$132,700
2016
$2,896 (+0.5%)
$100,800 + $31,900
$132,700
2015
$2,882 (−1.0%)
$100,800 + $31,900
$132,700
2013
$2,910
$116,000 + $7,300
$123,300
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
1980
Finished Sq. Ft.
798
Unfinished Sq. Ft.
—
Total Sq. Ft.
798
Year built
1920
Style
Single Family Residential
County
Rockingham County
APN
771901
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 13, 2025.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Windham, NH • 03087
Average low and high temperatures (°F)
31
16
34
17
48
29
58
38
67
49
78
59
83
63
79
58
73
54
62
43
50
34
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Windham. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 17 First St
$330,521
$5,521 over list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $450K to $755K.