Winni Waterfront Sales Report - November 2014

Winni Waterfront Sales Report - November 2014

There were only six single family waterfront transactions on Lake Winnipesaukee in November of 2014 at an average sales price of $1,353,467 and a median price point of $842,900. That brings the total number of waterfront sales this year on Winnipesaukee to 114 at an average price of $1,090,655. For the eleven months in 2013, we posted 130 sales at an average of $950,496. At this point it would take a miracle to tie last year's total of 134 sales as there are just 18 properties pending or contingent on the lake and they aren't all going to close right away ...





The entry level sale, yet again, was an island get-a-way. This home, called the Owl's Nest, is at 291 Cow Island in Tuftonboro and is a 1995 vintage, 1,424 square foot cottage that also has a 12' x 15' bunkhouse. The cottage has a light, bright decor, a fully appliance kitchen with a breakfast island, a living room with cathedral ceilings, woodstove, and an entire wall of sliders that lead out to the composite deck, a full bath, and a first floor bedroom plus two up. There are five decks on different levels from which to view the lake.This house sits on a 4 acre lot with 105' of frontage and a 30' dock. The home was fully furnished and ready to go. Too bad they'll have to wait until spring to enjoy a dip in the lake. This property was listed by Rick Edson of Big Lake Realty, LLC. It was listed for $264,900 and sold for $250,000. The current tax assessment is $326,800.




On the high end of the spectrum, the largest sale for the month was at 197-199 Kingswood Road in Wolfeboro. This 5,500 square foot luxurious residence was constructed in 2003 on a level 2.33 acre lot with 262 feet of frontage with two sandy beaches. The home has 15 rooms, four bedrooms including a first floor master suite, three and a half baths, in law quarters and kitchen, library, family room, three fireplaces, and a two car garage. Off course the house has great lake views from practically every room and is protected from heavy boat traffic and weather by Grant Island. This property was listed and sold by Adam Dow of Keller Williams Lakes and Mountains in Wolfeboro who had been working the buyers and knew the property would be available. It was sold for $3.275 million. It is currently assessed for $3.178 million.


Unfortunately, there were no waterfront sales on Winnisquam during the month of November. But don't despair, the serious waterfront buyers are out there looking right now for a little piece of the Lakes Region for themselves for next season. It is never a bad time to own or sell waterfront property in the Lakes Region!


Data compiled using the NNEREN MLS system