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Winni Waterfront Report – March 2019

Winni Waterfront Report – March 2019

There were just five waterfront sales on Lake Winnipesaukee in March! The average sales price came in at $1,546,400 and the median price point was $515,000. Last March there were nine waterfront sales at an average price of $1,282,666.

winni waterfront rfeportThe entry level sale was at 2 Moose Island in Alton. The new owner won’t get lost in the 643 square foot, three room cottage or on this tiny island, but he may get lost in time here.  After all it was built in 1950 and has timeless views both East and West so you have both sunrise and sunsets.  There’s no electrical power here but there’s a wood cook stove, a hand pump for the sink, a perfect deck just steps from the water, and a protected dock. What else do you need? The property was listed at $299,000 and sold for $280,000 in 139 days.  I am betting there are very few moose on the island.

winni waterfront rfeportThe median price point sale was at 17 Chipmunk Lane in Moultonborough. This five room, three bedroom, two bath ranch was built in 1975 and has 964 square feet of living space.  It sits on a nice level .39 acre lot WITH 100’ of frontage, a sandy beach, and three docks. The property was billed as “Diamond in the Rough.” The property did have a bit of a rough time finding a buyer as it was listed back in November 2013 at $595,000, in June of 2016 for $585,000, in January of this year for $525,000 and closed finally at $515,000. It was on the market a total of 1,363 days. Persistence does pay off. Now the new owner can polish this gem!

winni waterfront rfeportThe highest sale of the month was at 129 Shore Rd in Gilford. This Governors Island home was built in 2006 and has over 6,000 square feet of space. That would be equal to 9.3 Moose Island cottages.  This fantastic home has thirteen rooms, four bedrooms including the first floor master suite, five and a half baths, and an open concept floor plan. The home features soaring ceilings, beautiful hardwood floors, a towering field stone fireplace, granite, stainless steel appliances, and walls of windows to bring in the lake views. The home sits on a level well landscaped 1.3 acre lot with 215’ of frontage, a sandy beach, and covered U-shape dock. This property was originally listed at $4.895 million, was reduced to $4.495 million and sold for $3.9 million after 511 days on the market.

winni waterfront rfeportThe only sale on Lake Winnisquam was at 55 Stoney Brook Road in Meredith. This 2,786 square foot contemporary home was built in 1986 and has ten rooms, four bedrooms, four baths. The home features an open concept floor plan with cathedral ceilings, a floor to ceiling brick fireplace, a first floor master, loft, lower level family room and a huge deck overlooking the lake. The house sits high up on a secluded 11.5 acre lot with 100’ of frontage. It is a bit of a trek down the stairs to the lake and dock but the views from the home are worth it! The property was originally listed at $875,000, was reduced to $724,000, and sold for $550,000 after 563 days on the market

Data compiled 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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