Beth Thibault
REALTOR®
BEDS3
BATHS1 full
MLS#5101403
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLLebanon
Listing Courtesy of:
BHHS Verani Upper Valley
Agency Contact: Cell: 802-359-2687
Associate Name: Tyler Hall
Property 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 home with a poured concrete foundation is currently on site and presents potential for renovation or rebuilding. 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.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Other
Home Style: Cape
Lot Size: 1.42 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,234
Year Built: 1935
Feature Descriptions
Baths Full: 1
Construction: Wood Frame, Wood Siding
Construction Status: Existing
Driveway: Dirt, Gravel
Electric: Other
Exterior: Wood Frame, Wood Siding
Flood Zone: No
Foundation: Concrete
Lot: Country Setting, Lake Access, Lakes, Level, Open, River, River Frontage, Trail/Near Trail, Walking Trails, Water View, Wooded, Near Paths, Near Snowmobile Trails, Neighborhood, Rural, Near Public Transport, Near Hospital, Near ATV Trail, Near School(s), Private
Number of Rooms: 6
Roads: Paved, Public
Sewer: On-Site Septic Exists
Total Stories: 2
Water: Spring
Zoning: RL1
Local Schools
High School: Lebanon High School
Middle School: Lebanon Middle School
Elementary School: Hanover Street School
School District: Lebanon
Listed By / Shown By
Listed By
Agency Name: BHHS Verani Upper Valley
Agency Contact: Cell: 802-359-2687
Agent Name: Tyler Hall
Shown By
Agent Name: Beth Thibault
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 928.75 per month $656.54 Principal & Interest $186.17 Property Tax $86.04 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-07-23 23:33:21 
15 Payne Road | MLS# 5101403
This single family home located at 15 Payne Road, Lebanon, NH 03766 is currently listed for sale with an asking price of $295,000. This property was built in 1935 and has 3 bedrooms and 1 full baths. Payne Road is located within the Lebanon school district. Search Lebanon real estate on beththibault.masiellogrouprealestate.com today.