06-27 RE Roche

Winnipesaukee Beach Colony Club on Lake Winnipesaukee. (Courtesy photo)

In the last few weeks, I’ve been writing about several popular water access communities in the Lakes Region. As a Realtor in the Lakes Region for 43 years, I’ve seen a multitude of new communities created. One popular community in Meredith that comes to mind is Winnipesaukee Bach Colony Club which was developed in the late 1950s. Like so many potential developers in those early years, they had the ‘pick of the litter’ in terms of quality locations on the shores of Lake Winnipesaukee. Meredith at that time was not the scenic resort village that it is today with its bustling waterfront, boardwalk, inns, restaurants, shopping, and galleries.

The developer of Winnipesaukee Beach Colony Club was able to carve out a beautiful community with four roads that meander from Meredith Neck Road down to a gorgeous natural sandy beach. This large tract of land created a breathtaking setting on Cummings Cove, with 780’ of pristine shorefront on Lake Winnipesaukee with views toward Stonedam Island and Welcome Island. Over the years, much has been added to this desirable water access community. Fast forward to today, the community now includes a total of 68 individual single-family homes sited on approximately .25 acre- 1 acre lots. The 780’ of shorefront includes 300’ of sparkling crescent shaped beach. There are approximately 58 permanent docks (boat slips), which individual members own plus 4 jet ski slips and 4 moorings for jet skis. There is also a swim raft, diving board, picnic areas, two tennis courts, basketball, shuffleboard, horseshoe area, and canoe/kayak racks. It’s a perfect community for walking, jogging, and biking along the lake.

Carol Raffle, a Realtor in our Meredith office at Roche Realty Group, has lived at Winnipesaukee Beach Colony Club since 1994. Carol commented, “Our family has totally enjoyed this wonderful association for many years, we love the fact that it is nestled in a peaceful cove which has a crystal-clear sandy beach and spectacular views. We’re able to jump right on our boat and enjoy everything that Lake Winnipesaukee offers. We also love that it is very close to downtown Meredith. It is such a scenic town with its shopping, dining, and social functions. Without question, the members make the association. Throughout the year, we get together for social activities, including bake-offs, ice out gatherings, golf outings, and Friday evening gatherings at the flagpole by the water. It truly is a unique association.”

It is estimated that approximately 30% of the residents are year-round and 70% are second homes. There are many individual styles of homes, including capes, ranches, chalets, and cottages throughout the park-like setting. The association also owns 40-acres of backland.

In the last few years, the inventory in some of the prime water access communities on Lake Winnipesaukee has diminished and when an individual home comes up for sale, it usually goes under contract in a short period of time. I know at Roche Realty Group we have a number of buyers who are very interested in purchasing within the community as do many other Realtors throughout the Lakes Region. Here is a recap of the sales activity over the past 3-years:

2017

Sales: 3

The average selling price of $501,633

Sold price range of $369,900-$620,000

2018

Sales: 2

The average selling price of $415,750

Sold price range of $282,500-$549,000

2019

Sales: 3

The average selling price of $395,666

Sold price range of $370,000-$428,000

2020

At the present time in 2020, there is 1 property active under contract. No properties have sold so far.

Lucky are those who have an opportunity to live in this desirable community, which has so much to offer in such a convenient location.

••• 

This article was written by Frank Roche. Frank is president of Roche Realty Group with offices in Meredith and Laconia, NH, and can be reached at (603) 279-7046. Data was compiled by a NEREN map search on 06/24/2020 and is subject to change. Please feel free to visit www.rocherealty.com to learn more about the Lakes Region and its real estate market.

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