Winni Waterfront Sales Report – August 2017

Winni Waterfront Sales Report – August 2017

What’s up with Winni waterfront? There were 23 waterfront sales on Lake Winnipesaukee in August, 2017 at an average price of $925,317 and a median price point of $607,500. That brings the total so far this year to 94 sales at an average of $1.132 million which is slightly off the 108 sales posted last year for the same period at an average of $1.028 million.

Winni waterfront reportThe entry level sale was a five room, three bedroom, one bath, 1030 square foot cottage at 421 Bear Island in Meredith. This was one of the original guest cottages of the Bear Island Hotel and dates back to 1900 so it has some history and charm with pine paneling and lots of windows to bring in the views. The cottage sits right on the water on a 1.13 acre lot with 100 feet of frontage. There’s a large 12’ x 30’ deck, with storage space and a workshop underneath. The property was listed at $299,900 and sold for $246,000 after just 53 days on the market.

winni waterfront reportThe median priced sale was also an island property, this time at 36 Dow Island in low tax Moultonborough. This 1983 vintage, 1,894 square foot, three bedroom, two and a half bath home has a remodeled custom kitchen and dining area and a great living room with pine paneling, beamed ceiling, wood stove, and sliders that lead out to  a 14’ x 36’ foot deck with westerly views. There is a second floor master suite with its own water view balcony and two guest rooms on the main level. Outside you’ll find a 416 square foot bunkhouse/game-room and workshop. The house sits on a 1.74 acre lot with 176’ of frontage with two beaches, a single and a u-shaped dock with boat lift. How great is that? This get-a-way was listed at $625,000 and sold for $607,500 after 111 days on the market.

winni waterfront reportThe highest sale of the month was in the Oldest Summer Resort in America at 320 Sewall Road but it was one of Wolfeboro’s newest homes built just last year. This 5,500 square foot, four bedroom, five and a half bath custom home assuredly has all the bells and whistles. There were no pictures on-line to help but the listing did say it had a stunning kitchen, wood floors, two stone fireplaces, and the requisite wall of windows to bring in the southerly views. The house does have a first floor master, formal dining, library, and presumably a recreation room in the walk out basement. The house sits on a .7 acre lot with 220 feet of frontage and a dock. The property was listed at $4.35 million and sold for an even $4 million after 454 days on the market.

There was one lone sale on Winnisquam in August at 126 Shore Drive in Laconia. But, it was a nice one!  winni waterfront report This is a 1962 vintage, 1,857 square foot, four bedroom, three bath ranch that has been exceptionally maintained. It has a beautifully updated kitchen with granite, center island, and high end appliances, a living room with hardwood floors and fireplace that overlooks the lake, a first floor master suite as well as a guest room with two more guest rooms in the lower level walkout. There’s also a recreation room and sun room with beamed ceilings and red pine floors. But the big deal is the .36 acre lot with a professionally landscaped yard leading down to 100’ of sandy shore-front, a dock, and those amazing Shore Drive sunsets. Simply beautiful. This property was listed at $824,000 and sold for $849,000 in just eight days.  I guess someone else thought it was simply beautiful, too!

Winni waterfront reportCompiled using the NEREN MLS system

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Roy Sanborn

As a REALTOR® since 2000, I know what it takes to ensure a smooth real estate transaction; hard work, dedication and loyalty to my clients, knowledge, and effective communication. It is this philosophy that has helped me to consistently be one of the top producing agents in the Lakes Region of New Hampshire. I’ve also found that helps to have a little fun along the way! My partner, Ashley Davis, and I are thrilled to be part of Four Seasons Sotheby’s International Realty and have taken Sotheby’s already amazing marketing program and philosophy one step further with the formation of our Distinctive Homes Group! I know the lakes, the Lakes Region, and the lifestyle you are probably looking for.

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