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The Winni Waterfront Report January 2017

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Posted 02-18-2017 at 02:35 PM by Roy Sanborn

The Winni Waterfront Report January 2017

There were seven sales on Lake Winnipesaukee in January, 2017 and all but one were over the $1 million mark, The average sales price came in at $1,664,571 and the median price point was $1,500,000.



The entry level sale this month was a little higher than usual at $825,000 because it was a mainland sale rather than the usual island property that garners this honor. This property was at 48 Lucerne Ave in the Weirs in Laconia. It is, or was, a 1921 vintage, six room, three bedroom cottage on a 1.2 acre lot with 190 feet of frontage and an existing u-shaped dock. From what I could see driving by, I believe the cottage is gone now and I expect that something more substantial will take its place. The property was originally listed at $899,000 and was on the market 220 days. It is assessed at $468,400.



The median price sale representative is located at 426 Gov. Wentworth Highway in Tuftonboro. This property consists of a 1973 vintage open concept four bedroom home plus three rental cottages , a grandfathered boathouse, and a large garage/barn structure on 5.91 acres of land with 355’ of southwesterly facing sandy frontage. Not too shabby! This property was first listed back in 2013 at $2.5 million, relisted at $1.9 million, reduced to $1.65 million, and sold for $1.5 million after some 1,245 days on the market. The property has been subdivided into two separate lots so I expect we’ll see some new structures being built there as well. The property is assessed at $1,579,100.



The highest sale for the month was at 150 Smith Point in Alton. This was another multi-structure property called Camp Fisher. It consisted of a fabulously charming old style lake house built in 1912 with the most wonderful porch you’ll ever see, four seasonal cottages totaling 17 bedrooms, and a two bay boat house on 6 acres with 700’ of frontage. This is the way Winnipesaukee used to be! It was originally listed at $3.999 million, was reduced to $3.75 million, and sold for $3.25 million after 355 days on the market.


There was one sale on Winnisquam at 9 Bear Point in Meredith. This 1960’s vintage, five room, three bedroom home has a fireplace, a great screened porch and sits on a level half acre lot with 100’ of frontage looking southerly down the lake. It was listed at $549,000 and sold for $518,800 after just eight days on the market. It is assessed at $472,300.





Data compiled using the NEREN MLS system.
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