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38 School Street Lincoln, NH $ 620,000
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38 School Street
$ 620,000
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38 School Street

Lincoln, NH, 03251
$ 620,000
Bedrooms3 Baths1.1 Sq 1,092

Monthly Estimate*

$ 3,817

Listed by Susan Chenard, RE/MAX in the Mountains, 603-745-8300, susan@nhrecprop.com
38 School Street, Lincoln, NH 03251 - Image 1
38 School Street, Lincoln, NH 03251 - Image 2

Single Family Home for sale in Lincoln, NH

for $620,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,092 square foot home was built in 1930 on a lot size of 0.16.

Rare Turn-Key Opportunity in In-Town Lincoln! This classic 1.75-story Dutch Colonial at 38 School St offers a premier location with a proven investment track record, generating $75,000 in revenue for 2025. Perfectly situated for convenience, you can stroll to local shopping, dining, the library, church, theater, and the Lin-Wood Public School, all just steps away. Interior Excellence: Step into a modern kitchen featuring elegant marble floors and premium appliances (all <3 years old). The main level flows into a sun-drenched dining area and a spacious living room featuring beautifully refinished fir floors. This level also includes a convenient half-bath. Comfort is guaranteed year-round with a new Gree mini-split system (AC/Heat) and Nest thermostats. Bedroom Level & Basement: The second floor offers a traditional layout with three well-appointed bedrooms and a full, updated bathroom. Every bedroom is equipped with baseboard, a dedicated mini-split and ceiling fan for personalized climate control. For added convenience, the finished laundry room is located in the basement, easily accessed from the dining area stairs. The basement also features a fully heated zone—keeping the main level floors warm—and houses an impeccably organized 200-amp electrical panel and a high-efficiency Viessmann tankless boiler. Luxury Living & Value Add: The private side yard is an outdoor oasis with a gazebo and a 4-person Hot Springs salt-water hot tub. Across the town-maintained Govoni Lane, the property includes a detached 2-car garage. Given the Village Residential zoning, there is significant potential to explore an Accessory Dwelling Unit (ADU) conversion for increased value or rental density. Sold Turn-Key: This home is offered fully furnished, making it a seamless transition for a primary residence or a high-performing short-term rental. Showings begin soon. Please respect guest privacy; all appointments must be confirmed in advance.

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Single Family Active

Price

$ 620,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Colonial,Gambrel

Lot Size

0.16

Year Built

1930

Town/City

Lincoln

County/Region

Grafton

MLS | Web ID

5082931
Features
Interior
Basement Description Bulkhead Climate Controlled Concrete Concrete Floor Daylight Partially Finished Interior Stairs Interior Access Basement Stairs
Interior Amenities Ceiling Fan Dining Area Draperies Furnished Laundry Hook-ups Walk-in Closet Window Treatment Basement Laundry Smart Thermostat
Basement Yes
Flooring Marble Softwood Wood
Beds 3
Total Rooms 6
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General
Road Frontage Yes
Sewer Public
Heating Propane Multi Fuel Baseboard Direct Vent Hot Water Multi Zone Mini Split
Cooling Mini Split
Utilities Cable Available Propane Telephone Available
Roof Asphalt Shingle
Appliances Dishwasher Dryer Range Hood Microwave Gas Range Refrigerator Washer On Demand Water Heater Tankless Water Heater
Garage Yes
Flood Zone No
Zoning Village Residential
Exclusions Few personal items only
3/4 Baths 0
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1930
Electric 200+ Amp Service Circuit Breaker(s)
Style Colonial Gambrel
Stories Count 1.75
Construction Status Existing
Type Single Family
Block 121
Auction No
Tax Year 2025
Status Detail 1
Covenants No
Construction Materials Wood Frame Asbestos Exterior
Directions Take Main Street to Church Street. Home is 2nd past Nora Parent Lane. Take Nora Parent to Govoni to park behind home if you like.
High School Lin-Wood Public HS
City Lincoln
Other Equipment Air Conditioner
School District Lincoln/Woodstock SAU #16
Seasonal No
Elementary School Lin-Wood Public School
Middle School Lin-Wood Public School
DOM 0
Price Per Sq Ft Total AG 567.77
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Exterior
Lot Features Interior Lot Level Mountain View Sidewalks In Town Near Paths Near Shopping Near Skiing Near Snowmobile Trails Neighborhood Near School(s)
Exterior Amenities Building Garden Space Hot Tub Porch
Driveway Paved
Lot Size Area 0.16
Water Source Public
Parking Features Garage Off Street Detached
Garage Capacity 2
Foundation Concrete Block w/ Skim Coating
Lot 000
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* Excluded Features
List By
Susan Chenard

Listing Agent

Re/Max In The Mountains

Broker

(603) 745-8300

Phone

susan@nhrecprop.com

Email

Affordability Calculator

$3,817
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,817
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1782410 Elementary School
1009173 Middle School
Lin-Wood Public HS High School
See complete school information
Pricing History
Date Price Price Change Description
4/9/2026 $620,000 Listed Price

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38 School Street, Lincoln, NH, 03251 is a Single Family Home for sale at $620,000 with 1,092 sqft and a lot size of 0.16. 38 School Street has 3 bedrooms, 1.1 baths, and was built in 1930. The property's zip code is 03251 which is in Lincoln, NH

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