Home News Lake Winnipesaukee Home Sale Sets A Record for New Hampshire

Lake Winnipesaukee Home Sale Sets A Record for New Hampshire

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An approximately seven-acre property on Lake Winnipesaukee in New Hampshire has sold for $12.3 million, setting a state record, said Duston Lady Real Estate listing agent Jamieson Duston.

The property went public in November 2020 for $19.5 million, according to Zillow. The seller was real estate investor Robert McGuire, who bought the property for $7.75 million in 2019, records show. Duston declined to name the buyer.

McGuire did not respond to a request for comment.

Duston said the Wolfboro property has about 840 feet of water and includes a small man-made beach and four boat slips. There are four floors of curved staircases. There are 8 bedrooms including his 2 in the guest wing with private entrance. The great room has a 30-foot tall stone fireplace. The home also features a commercial kitchen, 15 seat theater, bar, wine room, games room and craft room.

The property also has several buildings, including a barn. Duston said the roughly 3,000-square-foot, three-bay boathouse has mahogany and steel interiors.

According to Duston, the client traded a home audiovisual system for a home theater. “With one push of a button he can turn on all the lights indoors and outdoors,” he said. Duston said the client decided to sell because his family didn’t use the property as much as they had originally thought.

About 40 miles north of Concord, Wolfeboro is one of the oldest summer resorts in the country, according to Duston. It would cost at least $20 million to build a similar property today, but he said he didn’t expect a full-price offer for the property because “we don’t have record sales performance anywhere near that level in New Hampshire.” rice field.

Tuftonboro Waterfront Property

The 11.6-acre Tuftonboro property recently sold for $9.4 million. The home is 8,900 square feet and has eight bedrooms. fly list (4)

Earlier, the state’s home sales record was set by another recent sale of a Lake Winnipesaukee home that closed in September for $9.4 million, Duston said. Records show that $6.4 million was paid for the property last year. Records show that the buyer was Anthony Belisle, who owns a property in Wolfboro. Garceau didn’t respond to a request for comment. Berisle declined to comment.

About 11.6 acres of land in Tuftonboro has about 305 feet of lake frontage, according to Compass’s Bree Stevens listing. Built in 2017, the approximately 8,900-square-foot lodge-style residence has eight bedrooms. The owner of Yankee Pedlar Realtors was represented by Geordy Hutchinson as the buyer.

Hutchinson said the high-end market is running out of inventory, combined with increased demand in the post-coronavirus pandemic. New Hampshire saw 19 deals over $4 million last year, up from 10 in 2020, Duston said. So far this year, including McGuire sales, he’s had 20, four of which have exceeded his $8 million mark.

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