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Sanborn – 2013 Year End Waterfront Sales Report

There were just four sales on Lake Winnipesaukee in December of 2013 compared to fifteen in December, 2012. We might not be closing off the year with a big bang, but four sales is still pretty a good count. The average sales price on Winni came in at $864,750 with two island and two mainland sales.

The largest sale for the month was at 87 Leeward Shores in Moultonborough. This property consists of a contemporary style main home plus a guest house combining for a total of 6,304 square feet of living space. Custom built in 2002, the open concept main house has three bedroom suites , five baths, an outstanding great room with soaring ceilings and a wall of glass to take in the views. There's a lower level entertaining space with second kitchen, exercise room, and walkout access to the patio areas. The separate 1,232 square foot guest house has one bedroom, its own great room, and one and a half baths. The house sits at the water's edge on a .48 acre lot with 98' of frontage providing panoramic views. This home was offered originally at $1.795 million in August of 2012 and was on the market for 546 days before finding a buyer at $1.5 million. The current assessed value is $1.892 million.

For the year, there were 134 sales at an average of $947,936. That just surpasses the 130 sales we had last year but fell short of the $1.017 million average sales price for 2012. Still, I'd say it was a pretty good year. The bulk of the transactions for the year came in below the million dollar mark. There were 39 sales between one and two million dollars and six between three and four million. And, there were just two sales over three million with the largest sale in Meredith at 37 Spindle Point for $3.6 million.

By town, Moultonborough lead the way as far as the total number of sales with 33 at an average price of $1.16 million. Alton followed with 24 sales at an average of $808,419, Gilford with 23 at $902,859, Meredith with 23 at $932,752, Tuftonboro with 11 at $794,173, Wolfeboro with 11 at $1.161 million, Laconia with 8 at $617,442, and Center Harbor with one sale that went for $640,000.

There was just one sale on Winnisquam in December and that was at 18 Hill Road in Tilton. This sale could be considered this year's teachable moment in real estate. This property consists of a 1940's vintage, year round, lake cottage with 2,328 square feet of living space, four bedrooms, and two baths. It sits on a .52 acre lot with 52 feet of sandy frontage and a 40' L shaped dock for all the toys. This home was originally listed back in 2007 as a for-sale-by-owner at $529,900. After listing it four times by himself for a total of 1,001 days, he listed with a broker this year at $425,000, subsequently reduced the price to $350,000, and then sold for $335,000 after 65 days on the market. It is currently assessed at $360,000. It's amazing how much time the right asking price can save.

For the year there were 18 sales on Winnisquam at an average of $476,583. That compares to 16 transactions in 2012 with an average sales price of $502,125. The largest sale for the year was at 35 Lakeside Drive in Sanbornton which was offered for the first time by the original owner and was in pristine condition. Built in 2003, this contemporary home has 3,260 square feet of living space, four bedrooms, three and a half baths, hardwood floors with radiant heat, granite, tile, beautiful woodwork, a finished walk out basement, and fantastic views across the broadest part of the lake. The house sits on a quarter acre, nicely landscaped lot with 100' of frontage and dock. This home was offered originally at $889,000, was reduced to $830,000, and sold for $793,000 after 194 days on the market. It is currently assessed at $657,600.

There was one sale on Squam in December and it was a very charming one. Located at 88 Mountain Ivy Road in Holderness is a 1906 vintage lake home which has been restored from top to bottom but has retained many of its original details. It has three bedrooms, three baths, a stunning arts and crafts custom kitchen, a great room with fireplace and beamed ceilings, first floor media room, a private waterfront office, sauna, wine cellar, exercise room, and the requisite wrap-around porch. The house sits on a 1.1 acre lot with 110' of Big Squam frontage. It was offered at $1.75 million and sold for full price after just 60 days on the market. It's that nice...

There were a total of 15 sales on Squam in 2013 at an average of $1.348 million compared to just six sales in 2012 at an average of $3.15 million. The largest sale for 2013 is located at 40 Bean Cove Road in Moultonborough and is a 5,000 square foot Adirondack built in 2003 on a 10.7 acre lot with 1,035 feet of frontage. This home is literally just a few steps to the water and situated on a peninsula that affords amazing views of Moultonborough Bay. The property was listed at $7.5 million and sold for a cool $7 million after five days on the market. The $41,263 tax bill equated to about a $4.8 million assessed value.

I expect that 2014 will be another successful year on the lakes as new generations of buyers find their little piece of paradise here in the Lakes Region of NH.

Please feel free to visit www.lakesregionhome.com to learn more about the Lakes Region real estate market and comment on this article and others. Data was compiled using the Northern New England Real Estate MLS System as of 1/8/14. Roy Sanborn is a realtor at Four Seasons Sotheby's International Realty and can be reached at 603-455-0335.

Last Updated on Wednesday, 31 December 1969 07:00

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1-10-14 Calendar

The graphite art series "Calendar Year" will open at The Studio in downtown Laconia from 5-7 p.m. For more information call 455-8008.

Discussion on "Making Healthy Habits Stick" presented by the Belknap County Area Committee on Aging. 10 a.m. at Wesley Woods Community Room at the United Methodist Church in Gilford. For more information call 528-2555 or email This email address is being protected from spambots. You need JavaScript enabled to view it. .

The Cheryl Arena Blues Band performs at Pitman's Freight Room in Laconia. 8 p.m. Admission is $12 per person. BYOB. For tickets or more information call 527-0043 or visit www.pitmansfreightroom.com.

Events at the Hall Memorial Library. Sit and Knit, 2-5 p.m. Project Teen featuring a Pick a Flick film, 3 p.m. Library Live Chat, 4 p.m.

Meat Raffle held at the VFW post 1670 located at 143 Court Street in Laconia. 6:30 p.m.

Al-Anon Meeting at the Congregational Church Parish House (18 Veterans Square) in Laconia. 9:30 to 11 a.m. each Friday.  Al-Anon offers hope and help to families of alcoholics. No dues or fees. All are welcome. Call 645-9518.
Giggles & Grins playgroup at Family Resource Center in downtown Laconia (719 No. Main Street, Laconia). Free group for parents children from birth through age 5. For more information call 524-1741.

 

Last Updated on Thursday, 09 January 2014 09:47

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1-9-14 Calendar

Presentation on the Affordable Care Act lead by Belknap County's Certified Patient Navigator Donna Toomey. 11:45 a.m. and 12:30 p.m. at the Belmont Senior Center. For more information call 934-1464.

Al-Anon Meeting at the Congregational Church Parish House (18 Veterans Square) in Laconia. 8 to 9:15 p.m. each Thursday. Al-Anon offers hope and help to families of alcoholics. No dues or fees. All are welcome. Call 645-9518.
Plymouth Area Chess Club meets Thursdays from 7-9 p.m. at Starr King Fellowship, 101 Fairgrounds Road. Form more information call George at 536-1179.
American Legion Post #1 Bingo. Every Thursday night at 849 N. Main Street in Laconia. Doors open at 4 p.m. Bingo starts at 6:30.
Knitting at Belmont Public Library. 6 p.m.
Chess Club at the Goss Reading Room (188 Elm Street) in Laconia. 2:30 to 4:30 p.m. each Thursday. All ages and skill levels welcome. We will teach.
Giggles & Grins playgroup at Family Resource Center in downtown Laconia (719 No. Main Street, Laconia). Free group for parents children from birth through age 5. For more information call 524-1741.
Visit the Gilman Library in Alton on Thursday evenings at 6 p.m. for a thought provoking game of chess and Pajama Story Time with Miss Bailey. Boards and game pieces for chess will be provided.
Families Sharing Without Shame, an open meeting for parents to discuss their child's drug addiction, alcoholism and recovery. 7 to 8:30 p.m. on Thursdays, except Holidays, Concord Hospital's Fresh Start Therapy Room. For more information call 568-0533.

Last Updated on Wednesday, 08 January 2014 09:36

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1-8-14 Calendar

Belknap County Republican Committee meeting featuring guest speaker NH GOP Chairman Jennifer Horn. 6:30 p.m. at the Top of the Town Restaurant in Belmont. Non-perishable food items requested.

Executive Council candidate Christopher Boothby takes part in a meet-and-greet at the Mug by the Bay Restaurant beginning at 5 p.m. For more information email This email address is being protected from spambots. You need JavaScript enabled to view it. .

Events at the Hall Memorial Library. Story Time, 10:30 and 11:30 Arts and Crafts featuring a Pinatas project, 3:30 p.m.

Alzheimer's Caregivers Support Group beings its new series of 2014 monthly meetings. 5 p.m. at the Live Free Home Health Care offices in New Hampton. For more information call 254-7397.

Laconia Elders Friendship Club meeting. 1:30 p.m. at the Leavitt Park Clubhouse. People 55 and older meet each Wednesday for fun, entertainment and education. Meetings provide an opportunity for older citizens to to meet for pure social enjoyment and the club helps the community with philanthropic work.
Country Acoustic Picking Party at the Tilton Senior Center. Every Wednesday from 7-9 p.m.
Duplicate bridge at the Weirs Beach Community Center. 7:15 p.m. All levels welcome. Snacks.
Preschool story time at Belmont Public Library. 10:30 a.m.
Overeaters Anonymous offers a program of recovery from compulsive eating using the Twelve Steps and Twelve Traditions of OA. Wednesday nights at 5:30 p.m. at St. Joseph Church in Belmont. Call/ leave a message for Elizabeth at 630-9969 for more information.
Zentangle workshop held every Wednesday from 5-7 p.m. at the Vynart Gallery located at 30 Main Street in Meredith. For more information call 279-0557.
Narcotics Anonymous meeting. 7 to 8:30 p.m. at 18 Veterans Square in Laconia.
Franklin VNA & Hospice will hold a free Hospice volunteer training class from 6:30 to 8:30 p.m. at the VNA office in Franklin. For more information or to register for Hospice volunteer classes, contact Beth or Bruce at Franklin VNA & Hospice at (603) 934-3454. (Through December 18th)
TOPS (Taking Off Pounds Sensibly) group meeting. 5:30 p.m. at the First Congregational Church in Meredith.

Last Updated on Tuesday, 07 January 2014 10:19

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1-7-14 Calendar

Street Car Company holds open auditions for their musical presentation of Les Miserables. 7 p.m. at the First United Methodist Church on Rte. 11A in Gilford For more information visit www.streetcarcompany.com

Hall Memorial Library Events. Mexican Train, 10:30 a.m. Project Teen featuring a paper beads project, 3-4 p.m.

Storytime at Belmont Public Library. 3:30 p.m.
Chess Club meets at the Laconia Public Library on Tuesdays from 3 to 7 p.m. All ages and skill levels welcome. We will teach.)
Hands Across The Table free weekly dinner at the Boys and Girls Club of the Lakes Region building on North Main Street in Laconia (formerly the St. James Episcopal Church). Doors open at 4 p.m. followed by the meal at 5 p.m.
The New Horizons Band of the Lakes Region meets every Tuesday at 7 p.m. at the Music Clinic on Rte 3 in Belmont. All musicians welcome. For more information call 528-6672 or 524-8570.
Plymouth Area Chess Club. 6-8 p.m. at Pease Public Library. For more information call 536-1179 or email This email address is being protected from spambots. You need JavaScript enabled to view it. .
Giggles & Grins playgroup at Family Resource Center in downtown Laconia (719 No. Main Street, Laconia). Free group for parents children from birth through age 5. For more information call 524-1741.

Lakeport Community Association meeting. 7 p.m. at the Freight House.

Events at the Meredith Public Library. Genealogy Club 4-5 p.m. TAB Meeting open for 10-18 year-olds who want to have a something to say about their library and their community 5-6 p.m.

 

 

Last Updated on Monday, 06 January 2014 11:44

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