PORTSMOUTH, N.H. (CBS) — A tiny cottage in Portsmouth, New Hampshire is up for sale with an eye-popping listing price of $2 million.

The .34-acre plot is prime real estate, according to “Seacoast Dwellings.”

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The cottage for sale in Portsmouth (Photo credit: Seacoast Dwellings)

“This iconic parcel of land is an opportunity of a lifetime,” the Realtor says. “Build your dream house on the last large lot in Portsmouth’s Historic South End.”

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The pricey listing has been profiled by The Boston Globe and The New York Times.

The 320 square-foot cottage was built in 1940.

An aerial view of the Portsmouth cottage (Photo credit: Seacoast Dwellings)

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City records show the property is only assessed at $681,000.