HOOKSETT – Longtime Hooksett landowner Lance Macey is moving forward with plans to subdivide his 8.6-acre Medium Density Residential-zoned property into four residential house lots. The property, which has been in his family since at least 1960 according to tax records, represents another step in a series of land developments Macey has undertaken following the sale of his family’s legacy property at 128 Merrimack St., widely known as the Stobie Farm.
The approved four-lot subdivision will consist of parcels ranging from 1.5, 1.6, 2 and 3 acres, creating an opportunity for new homeowners to establish roots in one of Hooksett’s most historically significant and scenic corridors.
Macey’s decision to move forward with the subdivision is backed by favorable market conditions, as evidenced by a December 2024 sale of another residential lot, where he secured approximately $141,400 per acre – a strong price for raw land in the area. With this precedent, it is speculated that the upcoming house lots could be valued between $175,000 to $350,000, depending on size, location, and market demand. However, interested buyers should consult their exclusive buyer’s agent to determine current land values and investment potential.
Merrimack Street: A blend of history and rural charm
Merrimack Street remains one of Hooksett’s most unique and historically rich roads, transitioning from the Village’s traditional New England architecture into a picturesque rural landscape. The diversity in home styles and open land along this corridor makes it an attractive location for new homeowners seeking both charm and space.
This subdivision plan aligns with Hooksett’s ongoing residential growth while preserving the character of the surrounding area. As large lots continue to be subdivided across town, opportunities like these are becoming increasingly sought after by homebuilders and buyers looking to customize their dream homes in Hooksett.
For those interested in purchasing land and exploring home-building options in Hooksett, Tony LaCasse of Tri-Town Realty at eXp is available for consultations. With extensive expertise in the local market, Tony can guide buyers through the land acquisition process, from evaluating market pricing to connecting with builders and new construction lenders.
For more information or a free consultation, contact Tony LaCasse at 603-716-5769 or email tony@tri-town realty.com.
