Prescott Park is a ten-plus acre waterfront park in Portsmouth, New Hampshire, United States. The land was purchased in the 1930s by two sisters, Josie and Mary Prescott. The sisters, public school teachers, had used an inheritance to systematically purchase and clear properties along the Piscataqua River. The sisters' goal was to create a public waterfront park, free and accessible to all, replacing what had become a run-down and seedy industrial area. In 1949 the Prescott sisters' trust was established with $500,000. The park was willed to the city of Portsmouth in 1954 for public enjoyment.