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Lakes Region Waterfront Report - Feb 2010

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Posted 03-26-2010 at 06:58 PM by Roy Sanborn
Updated 03-03-2010 at 03:15 PM by Roy Sanborn

Sales of waterfront homes in the Lakes Region of NH are typically a little slower in the month of February which is no different than any other segment of our real estate market. But we did have three pretty good sales on Lake Winnipesaukee, but none on Winnisquam, Newfound, Waukewan, Squam, or Kanasatka! Click here for more details on these three sales: Waterfront sales Feb 2010

The largest sale was for $1.74 million in Gilford at 122 Varney Point. This was a very nice 3,500 square foot Adironack style home built in 2008. It has five bedrooms, 4 baths, cathedral ceilings, beautiful floor to ceiling stone fireplace, spectacular lake and mountain views, and sits on a quarter acre lot with 100 feet of frontage.

Currently there are just over 200 homes on Winnipesaukee for sale ranging from $220,000 for a property on Bear Island all the way up to $12 million for a tiny, 11,000 square foot cottage to-be-constructed at 520 Edgewater Drive on Governor's Island in Gilford. The average price for property on the big lake currently stands at $1.875 million, but there are plenty of offerings that won't necessarily rival the current nation deficit.

There are 86 offerings below $1 million with 16 or so under $500,000. The average price of the homes below the $1 million mark is $715,676 . Some of these are island properties of course, but it is an affordable way to have a great vacation home on Winni! There are 116 homes offered over $1 million with 57 of these in the $1-2 million range.

So whatever your price range is, there should be something on Winnipesaukee to meet your needs and budget. Let me know if I can assist you in your search!


To keep up with all the latest Winnipesaukee listings
, you can alway check the main page at Lakes Region Home under my "one click search" menu.
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