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The Winni Waterfront Sales Report - February 2016

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Posted 02-12-2016 at 12:15 PM by Roy Sanborn

The Winni Waterfront Sales Report - February 2016

Off and running! There were eleven Winnipesaukee waterfront sales in January at an average price of $835,091 and a median price point of $726,000. Thatís a lot better start than last January when there were just five sales on Winnie but the average did come in higher at $1.084 million.

The entry level sale was down in Alton on Route 11 otherwise know as 2800 N Mount Major Highway. This 1950ís vintage, 1,328 square foot, two bedroom, two bath ranch style home had been updated and offers fantastic views across the Lake to Mt Washington. This sunny and bright home might be sandwiched between the highway and the lake on a tiny .13 acre lot but the 100 ft of frontage, a great waterside patio, a nice lawn area, and dock will key your eyes lakeside instead of on the road. This home was offered at $499,900 and sold for $490,000 after just 12 days on the market! It is assessed at $475,500. Thatís a pretty good deal I think!

The median price point sale coming in at $726,000 is located up at 36 Leaward Shores in Moultonborough. Thatís just over the bridge on Long Island so Jo Joís Country store will be your lifeline out there. This 4,248 square foot, fifteen room, five bedroom, five bath contemporary should have enough room for you to entertain all your friends at the same time. It appears some work was needed to bring the home up to snuff but with a guest cottage, one car garage, one acre of land, 300í of frontage, a perched beach and dock some things can be overlooked if the price is right. This home was first listed back in December of 2009 at $1,579,725, again in January of 2010 for $989,000, and then in December of 2015 for $700,00 and closed that little bit higher as a cash deal in just 26 days. It is currently assessed at $1,010,700. Jo Joís will be a little busier this year.

The highest sale of the month honors go to the property at 161 Pinnacle Park Road in Meredith. This newly constructed 4,319 square foot, four bedroom, five and a half bath contemporary sits on a level .54 acre lot with 128í of frontage on Meredith Bay. It has got all the features one would expect with gleaming hardwood and tile floors, natural woodwork, cathedral wood ceilings, floor to ceiling fireplace, and a great open floor plan. The gourmet kitchen has beautiful cabinetry, granite counter tops, tile backsplash, and stainless appliances. Thereís a first floor master suite, a lower level family room with a wet bar, a huge playroom over the garage, a screened porch, large deck, and a slate stone patio with a fire pit down by the lake. Thereís sandy beach and 50í dock just waiting for summer fun. This home was listed at $2,298,000 and sold for $2,350,000 after 229 days on the market. The current tax assessed value does not reflect the completed building.

There was only one sale on Winnisquam in January but thatís OK, we are just getting started. This sale was at 36 Nancy Drive in Belmont which is actually on the pond that connects to the lake by a canal. This home is an early eighties vintage Cape Cod style home with 2,252 square feet of space, four bedrooms, and two baths. The home has been well maintained and has had recent updates including a new kitchen. There is also a cute cottage on the property that is perfect for those unexpected guests over the holiday weekend. There are two lots of record totaling a half acre with 296 feet of frontage on the pond providing some good privacy. This property was first listed at $419,000, was reduced to $364,900 and sold for $350,000 after 164 days on the market. It is currently assessed an $313,800.

Data compiled using the NNEREN MLS System.
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