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Offered at $524,000Active Under Contract
beds
2
baths
3
sq ft
1,502
Built
1935

288 Island Pond Road

Derry, NH 03038

Residential · Active Under Contract · MLS #5098484
Listing Courtesy of Keller Williams Realty Evolution | Davis B McVay

The home

About this home

The classic New England charm of an old school house meets thoughtful modern updates. Set on a picturesque lot in East Derry, this beautifully improved Cape offers the perfect blend of character, comfort, and peace of mind. Inside, you'll find hardwood floors throughout, a remodeled kitchen, updated bathrooms, and a flexible floor plan. The inviting living room is anchored by a high-efficiency wood stove installed in 2024, creating a warm and welcoming gathering space. Major improvements include Renewal by Andersen windows, new vinyl siding, new roof, and new oil tank. Outside, enjoy the freshly paved large driveway and walkway, welcoming front porch, and spacious yard with room to relax, garden, or entertain. The detached garage/workshop has also been extensively updated with new garage doors, windows, siding, and propane heat, offering outstanding flexibility for hobbies, storage, or workspace. The property has previously supported a legal business use, with buyers encouraged to verify future use requirements with the Town of Derry. Conveniently located near Island Pond recreation, shopping, dining, commuter routes, and local amenities, this move-in ready home combines timeless appeal with an impressive list of upgrades that are hard to find.

Property information

Details at a glance

Interior4 property facts
Rooms
8
Heating
Baseboard, Wood, Propane, Oil, Wood Stove
Cooling
None
Flooring
Hardwood
Building6 property facts
Style
Single Family Residence
Year built
1935
Garage
1
Parking
1
Foundation
Other
Roof
Shingle
Land & utilities4 property facts
Lot size
0.95 acres
Water
Well, Private
Sewer
Septic Tank
Zoning
LDR
Financial2 property facts
Annual taxes
$6,846
Assessment year
2025

Plan your purchase

Estimated monthly cost

Explore costs at the $524,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,220 / monthAdjust
Principal & interest
$2,650
Property tax
$571
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,846. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Derry.

This home compared with active listings in Derry
MetricThis homeLocal listings
List price$524,000$634,50017% below local
Price / sq ft$349$3354% above local
Days on market63382% below local

Active city listing statistics from PrimeMLS as of September 12, 2026. Asking prices are not completed-sale values.

Keep exploring

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Common questions

About 288 Island Pond Road

Can I request a private showing?

Request a tour of 288 Island Pond Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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