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Roy Sanborn - A record-setting Winnispeaukee waterfront sale

There were seven Winnipesaukee waterfront sales in April at an average price of $2.05 million, compared to 10 last April at an average sales price of $805,588. The big news is that a record was set for the highest residential sale ever in New Hampshire and it was right here on Lake Winnipesaukee at 144 Springfield Point in Wolfeboro! Think about that for a moment, the most expensive properties in the state are right here on Winnipesaukee. That's pretty impressive, but so was this property!
This Arts and Crafts style home was built in 2006 and has won numerous architectural awards. The home encompasses 37 rooms equaling 17,300-square-feet of exquisitely done, but not over done, space to create a very livable lake front home.

The home features beautiful wood flooring, fine wood details including rich wood paneling, massive columns, and curved wood moldings on the ceiling that echo the curved tower staircase that leads up two more levels. The center of the home is the two story, open concept great room featuring a thirty foot stone fireplace, cathedral ceilings, beautiful moose motif light fixtures, multiple sitting areas, and a wall of glass facing the lake. The gourmet kitchen features every imaginable high end appliance known to man, a pantry, a dining service room, a breakfast bar as well as an informal dining area with views of the lake.

The sumptuous first floor master has a gas fireplace, hardwood floors, access to the outside deck, a luxurious bath, and a master laundry room. This is one of five luxury suites that make up a total of eight bedrooms, two of which are in a separate guest wing complete with its own kitchen, dining, and living room. There is also an eight bed bunk room up on the third floor with built in bunks, storage closets and drawers. Of course you have an office, four season room, indoor spa room, exercise room, a wine cellar, sauna, indoor and outdoor grilling areas, and not one but three elevators. It even has a dedicated X-box room (?) and a huge movie theater with tiered floors, plush seating that reclines electronically, a massive 110-inch theater screen, and a custom speaker system.

Down on the lower level is the World's Ultimate Mancave with a full bar plus dedicated areas for poker, darts, game tables, and of course a pool table. And if that isn't enough for the man of the house, there is a six bay heated garage and workshop area complete with an automobile lift, custom cabinetry, and heated floors. And, there's plenty of room for watercraft in the 3,800-square-foot three bay boat house. The home sits on a 7.1 acre exquisitely landscaped lot with 841-feet of frontage.

This home was listed at $9,999,998 and sold for $8,975,000 after 342 days on the market. My hat goes off to Jodi Hughes at Prudential Spencer Hughes in Wolfeboro who marketed and sold this tremendous property. The bar has been raised on the big lake!

There were no sales on Winnisquam last month, but Squam posted one at 59 Squam Lake Road in Holderness. This year round, circa 1923 lake cottage is the quintessential lakeside retreat. It has a grand living room with high ceilings, exposed beams, knotty pine walls, and a brick fireplace. Just off the living room is a classic enclosed front porch overlooking the lake. There are four bedrooms and four baths in the main home plus a two bedroom apartment for your chauffeur over the three car garage (we all have a chauffeur, right?) The house sits on a private 2.2 acre lot with 280 ft of frontage. This home was listed at $1.125 million and sold for $945,000 after 45 days on the market. It has an assessed value of $826,630.

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 5/13/14. Roy Sanborn is a REALTORĀ® at Four Seasons Sotheby's International Realty and can be reached at 603-455-0335.

 
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