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Winni Waterfront Report March 2017

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Posted 04-17-2017 at 09:20 AM by Roy Sanborn

Winni Waterfront Report March 2017

The Winni Waterfront Report.
There were just five waterfront sales on Lake Winnipesaukee in March, 2017 at an average price of $1,389,800 and a median price point of $1,450,000. That brings the total for the first quarter of 2017 to 15 sales at an average price of $1,545,173 with a median price point of $1.5 million. That’s a far cry from the 25 sales posted in the first quarter of this 2016. The average sale price for the first quarter last year was $1,046,300 and the median price point was $825,000. Just seven of the those 25 sales in 2016 were over the million dollar mark while twelve of the fifteen sales so far this year exceeded $1 million and three of those were over $2 million. So, the expensive properties seem to be moving!

Winni Waterfront Report

Entry Level?

The lowest price sale last month was a property at 64 Prescott Ave in Laconia. This 1950’s vintage, 2,500 square foot home has four bedrooms, two baths, a waterside family room with fireplace and lots of glass to view the lake, an eat in kitchen, and a dining area. The house sits on a level .13 acre lot with fourteen feet of frontage and a u-shaped dock. What more do you really need to get on the water? This property was originally listed at $499,000, was reduced to $459,000, and sold for $400,000 after 283 days on the market.

The Median Sale

The mid-priced sale last month was at 33 Cummings Cove Road in Meredith. This eleven room, four bedroom, three and a half bath Adirondack style home was custom built in 1999 and has all the bells and whistles you’d likely want.
It has a wide open floor plan, hardwood floors, a living room with towering floor to ceiling fireplace, a bright kitchen with granite countertops, stainless appliances, center island with gas cook top, and a first floor master suite with its own fireplace and office area. The finished lower level contains a family room and fourth bedroom. It opens out into a level .77 acre lot with large lawn and 87’ of southerly facing frontage with a 40’ dock and sandy beach. Of course, there are ample decks and a screened porch to sit and look out over the domain! This property just sold in 2015 for $1.3 million but was listed again this year at $1.475 million and sold for $1.45 million after just five days on the market.

The Big One!

Winni Waterfront Report

The highest sale last month was at 82 Iroquois Lane in Moultonborough and I can see why it was. This stunning and tasteful cedar shake Adirondack waterfront is done the way they are supposed to be! It has a great open floor plan with natural woodwork, wainscoting, wood ceilings with exposed beams, two beautiful field stone fireplaces, and lots of glass to bring in the lake views. It has 4,568 square feet of space with five bedrooms, and five and a half baths.
The stunning eat in kitchen with stainless and granite flows easily into a dining area and the great room. This is the perfect entertaining space. There’s a first floor master suite with access to the wrap around deck. On the second level are four en-suites along with a home theater room and loft area. The home sits on a very secluded 1.87 acre lot with gorgeous landscaping, walkways, patios, and 164’ of sandy frontage with a U-Shaped dock. This property was listed at $2.4 million and sold in 80 days for 2.3 million. I wonder if they’d let me stay down in the shed by the water?

There were no sales on Winnisquam in March. None, nada! So, if you have a place over there and want to sell, I am sure I could have it arranged to happen pretty quickly! There’s not a lot on the market so it is a great time to get top dollar!

Winni Waterfront Report
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