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The Winni Waterfront Report – September 2017

The Winni Waterfront Report – September 2017

The Winni Waterfront Report…There were nineteen waterfront homes sold on Lake Winnipesaukee in September, 2017. The average sales price came in at $974,712 and the median price point was $847,500. That total is down a bit from last September when there were twenty one sales at an average price of $847,500 but that is still pretty good!

Winni Waterfront ReportThe entry level sale, as usual, was an island property. This property was at 38 Little Bear Island in Tuftonboro and it was the first time it had been on the market for over 50 years! This 648 square foot cottage was built in 1962 and has one bedroom plus a sleeping loft. It is just the way a vintage island retreat should look. You’ve got a natural bead board interior, exposed rafters and wood ceilings, and a great deck to lounge on and enjoy the sunset views. There’s a state approved three bedroom septic if you’d like to expand the house a little and the 1 acre lot gives you lots of space to do so. The property has great privacy and has 280’ of frontage, a u-shaped crib dock plus a smaller dock out in the point. This property was listed at$395,000 and went under agreement in just three days for $345,000! Someone really liked it!

Winni Waterfront ReportThe median price point sale was at 131 Eagle Shore Road in Moultonborough. This 1975 vintage contemporary style home has 1,944 square foot of living space, four bedrooms, three baths and a guest cottage for when the in-laws show up unexpectedly. The main house has an eat-in kitchen, field stone fireplace, and dining and living rooms that lead out to a large deck. There is a detached two car garage to house all your toys. The .71 acre lot has a large lawn area leading down to 150’ of sandy frontage, a beach, and a 40 foot dock. This property was listed at $918,900, was reduced to $894,900, and went under agreement at $847,500 after 95 days on the market.

Winni Waterfront ReportThe highest sale of the month was at 61 Norway Pines in Moultonborough. While this property has a rustic 1970 vintage camp, this sale was really about the land and frontage.  The camp has 1,370 square feet of living space with three bedrooms, open studded walls, field stone fireplace, pine paneling and large widows to take in the amazing long range views. But the draw is that it sits on a spectacular 12.3 acre lot with 961 feet of south facing frontage providing both a long open sandy beach area and wooded seclusion. I expect someone will be building their dream home on this beautiful parcel.  The property was listed at $2.4 million and took just over a year to find a buyer at $2 million even!

Winni Waterfront ReportThere was one sale on Lake Winnisquam at 628 Shore Drive in Laconia and it was another nice one.  This 1978 vintage ranch has three bedrooms, three and a half baths, and just a little over 4,000 square feet of living space. The home has a chef’s kitchen with maple cabinets, center Island, granite counter tops, double oven, induction cook top plus great water views. The home was completely remodeled down to the studs in 2015 with new insulation on the exterior walls and soundproofing in the interior ones. Features include Brazilian cherry flooring, two gas fireplaces, a fully finished basement, three season porch, new exterior siding, and newly paved driveway. The 1.2 acre lot has a back lawn that is perfectly level down to the 154’ of sandy frontage where you’ll find a brand new dock. This property was so nice that it took only six days to find a buyer at $945,000 which was just below the $949,900 asking price. Wish I could have lived there!

Winni Waterfront Report

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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