Bahre estate offered for $49-million

ALTON — In what the listing agent calls "the most significant offering ever to come to market in New Hampshire," Longview on Lake Winnipesaukee, the estate at Clay Point owned by the Bahre family, is for sale. Landvest, an affiliate of Christie's, lists the property for $49 million.

Bob Bahre, who rescued the Oxford Plains Speedway in Maine in the 1960s, parlayed his investments in auto racing, banking and real estate into purchasing Bryar Motorsports Park in Loudon in 1989, which a year later opened as the New Hampshire International Speedway. In 2008 Bahre sold the track to Bruton Smith of Speedway Motorsports for $340 million in a cash deal.

The property of 16.56 acres with 1,594 feet of shoreline includes two homes on separate lots — built between 2000 and 2003 — which together provide some 63,000 square feet of living space, and a post and beam "entertainment barn" of 7,655 square feet, with a catering kitchen and two-bedroom apartment. In addition, the gated estate, reached by a long, winding drive-through verdant grounds, features a tea house and two boathouses, along with an amphitheater, tennis court, helicopter pad, pool and grotto.

The main residence of 38,000 square feet on 9.48 acres with 733 feet of waterfront counts seven bedrooms 16 baths and 15 fireplaces together with two four-car garages, each topped by a one-bedroom apartment with kitchen and bath. Along with a two-story ballroom, formal dining room and living rooms, the home houses a pub, billiards room, library, gym and theater.

With 24,833 square feet of living space, the second, smaller home on 7.08 acres with 861 feet of shorefront provides four bedroom suites, nine baths and eight fireplaces along with a living room, music room, family room and theater, all of which face the lake. The paneled library leads to an infinity pool and grotto.

While the entire estate is for sale, its two parts are also offered separately, the larger for $25 million and the smaller for $24 million. The town assessed the larger parcel at $11,462,300 and the smaller at $7,518, 200.