There were 144 single-family residential homes sold in July in the Lakes Region communities covered by this real estate market report. The average sales price came in at $408,724 and the median price was $275,000. Homes are selling quickly, with an average time on the market of just 43 days and they are selling at an average of 97% of the asking price.

We all know that the Lakes Region has some pretty expensive real estate on the water, but there are some off-the-water properties that pull in some pretty good numbers as well.

This past month, for example, the home at 29 Garden Circle in Gilford that was originally listed at $795,000 sold for $740,000 after 243 days on the market. This 4,766-square-foot, contemporary-style, open-concept builder’s home was constructed in 2014 and has four bedrooms and four and a half baths. The home features a beautiful eat-in kitchen with stainless steel high-end appliances, granite countertops, hardwood flooring, center island, a pantry, and coffered ceiling. A formal dining room with wainscoting and lighted tray ceiling, a living room with built-ins and gas fireplace, a den, and a four-season porch complete the main level. The walkout lower level has a family room and another office. There’s also a three-car heated garage, large deck, patio, and fenced back yard. This high-quality home sits on a 2.4-acre lot with beautiful lake and mountain views.

There is another great-view property that sold just down the street, at 138 Cotton Hill Road in Belmont. This contemporary-style, post-and-beam home was built on 1987 and totals 5,763 square feet with three bedrooms and four and a half baths. It sits high on a plateau on a nine-acre private lot that provides panoramic views of Winnisquam, Opechee, Winnipesaukee and the mountains beyond. Simply incredible sunsets! The eat-in kitchen features stainless appliances, a center island, and a sitting area with wood stove and brick heath with built-ins. The soaring great room shows off the home’s post-and-beam structure and has a brick wood-burning fireplace plus walls of windows to bring in the views. There’s also a formal dining room and a first-floor bedroom suite that is currently used as a den on the main level. There’s also an in-law apartment on the main level with a small kitchen, bedroom, and sitting area. Upstairs is a great open-loft area, a sumptuous master suite with amazing views, a large family room, office space and an additional bonus room space over the two-car garage. This home sold at the asking price of $695,000 after 45 days on the market.

I looked back to the first of this year to see just what the highest off-water sale was so far, and it turns out it was another view property at 44 Trask Mountain Road in Wolfeboro, and it is a nice one! This property consists of a 6,000-square-foot contemporary colonial built in 1996, a 6,000-square-foot Lodge/Vintner’s barn, a three-car attached garage with a nanny suite above, and another three-bay equipment garage with animal barn and tack room. The structures sit on a 31-acre parcel with lake and mountain views. This property offered something for everyone. There’s fenced pastureland for horses or cattle, a saltwater swimming pool, a fence-in basketball/tennis court, and a skatepark. You can bet the house is top-quality throughout, but the Vintner’s three-level barn is the pièce de résistance, with huge main-floor entertaining and exercise areas, sauna, bar area, utility kitchen, two guest rooms, and two baths. In the lower level is a reproduction Italian wine cellar and tasting area that opens to a patio with two stone fireplaces and a fire pit. This is party central, indeed! This property did take a while to sell, though. It was first listed back in 2015 for $3.25 million, again in 2016 for $2.5 million, in 2017 for $1.995 million, and this year at $1.54 million, with the sale coming at $1.3 million in June. I bet someone is having a great time there right now!

***

Visit www.DistinctiveHomesNH.com to learn more about the Lakes Region real estate market and sign up for a monthly newsletter. Data compiled using the NEREN MLS. Roy Sanborn is a sales associate at Four Seasons Sotheby's International Realty. Contact him at 603-677-7012.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.