Compare Listings

Hoping for a December to Remember…

Hoping for a December to Remember…

November was not one of those banner months for waterfront sales in the Lakes Region. Winter is on the way you know, although some days it just doesn’t feel that way. There were just five transactions on Lake Winnipesaukee last month at an average $858,600. Last November the tally was double that amount at an average of $1.55 million. There were six sales over a million last November but only one last month. That’s just the way it goes when you look at monthly market snapshots. Year to date we have 92 sales on the big lake at an average price of $1.046 million compared to 87 sales at an average $1.25 million for the same period last year. That’s still pretty good considering the overall economy is stalled like a cabin cruiser run up on the witches.

The least expensive transaction last month on the big lake was an 838 square foot, two bedroom year round cottage with a guest house at 156 Black Point Road in Alton. This cute property has a knotty pine interior, eat in kitchen, stone gas fireplace, and a deck overlooking the water. There are two lots of record equaling 9/10 of an acre with 103 feet of frontage and two grandfathered crib docks. There’s also an association beach just down the street if the kids need to dig in the sand. This property was originally offered at $725,000, reduced to $579,900, and sold for $450,000 after 526 days on the market. This property is currently assessed for $489,400 by the town of Alton. It sure sounds like the new buyer should be happy with their purchase.

Over at 189 Dockham Shore Road in Gilford, a really nicely done 2,636 square foot, three bedroom contemporary waterfront home also found a new owner after only 56 days on the market and just in time for the holiday season. This high quality home, built in 2007, features an open concept living area with a beautiful great room with hardwood flooring, cathedral ceilings, gas fireplace, a bar area, lots of built ins and a wall of windows facing the lake. The custom kitchen has granite counter tops, tile floors, and a great center island with a gas cook top. There is also a formal dining area and a nice three season porch overlooking the water. The second level contains an elegant master suite with a gas fireplace and a private outside balcony. There’s also a secluded office that looks down into the great room should you need to pretend to work. On the walkout lower level are two guest bedrooms, a guest bath, and a family room. This home has lots of other great features including in floor heat, Bose surround sound system, and a lawn irrigation system. The house sits on a third acre lot with 50 feet of frontage with a sandy entry area and a dock. The new owners thought it was perfect for them and paid $873,000 which was just off the $899,000 asking price. The home is currently assessed of $764,930.

The largest sale of the month honors goes to a property at 28 Dale Road in Meredith. This beautiful 4,773 square foot, three bedroom, four bath Adirondack was built by Skiffington Homes in 2003 on a level 1.21 acre lot with 200 feet of frontage on Fish Cove. This home features the requisite natural woodwork, hardwood flooring, soaring ceilings, floor to ceiling stone fireplaces, a gourmet kitchen, great open spaces, and high end finishes and the craftsmanship one would expect in this style home. There’s a first floor master suite, two guest bedrooms up, a nice screened porch, and a huge family room on the lower level. This really looks like a home where casual lakeside living will come very easily. Initially priced at $1.795 million and subsequently reduced to $1.595, it found a buyer for $1.45 million after 407 days on the market. The current tax assessment is $1.45 million. I bet the new owners are going to have one of those Lexus’s December To Remember Christmas deals over there this year!

Over on Winnisquam and Squam there were no sales. Zip, nada, none. But that’s OK because December will be full of Christmas miracles, both on and off the lakes…

Share
img

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.

Related posts

Excellence in Design – The Lakes Region Real Estate Residential Sales Report March 2018

Excellence in Design - The Lakes Region Real Estate Residential Sales Report March 2018 Excellence...

Continue reading
Roy Sanborn
by Roy Sanborn

Virtual Reality is Coming

Virtual Reality is Coming There were 148 single family homes that sold in October in the twelve...

Continue reading
Roy Sanborn
by Roy Sanborn

Windsong – A Fabulous Hillside Retreat

Windsong - A Fabulous Hillside Retreat Offered at $1,295,000 4 Bedrooms 5 Bathrooms 4272 Square...

Continue reading
Roy Sanborn
by Roy Sanborn