Lakes Region of NH Real Estate Market Report - Lake Winnipesaukee Sales Jan. 2008

We had three sales on Lake Winnipesaukee in January of 2008. That compares to 10 in January of 2007, and 6 in 2006 and 2005. I don't necessarily think things are slowing down too much on the big lake as there are currently 12 other waterfront properties pending and we are seeing increased activity on all listings. Now is the time that serious buyers are out scouting for property so that they can be on the lake for summer.

The highest sales price honor this month goes to the property at 230 Edgewater Dr on prestigious Governors Island in Gilford. This home is a stunning 8,000 square foot Adirondack style home constructed in 2006 with all the amenities and attention to detail expected in this price category. This fabulous home sits on a 1.6 acre lot with 300 feet of waterfront, a sandy beach, and docking for five boats. You also have a garage big enough to park all seven of your cars too!

Another noteworthy sale was the property at 140 Alpine Park Rd in Moultonborough, which went pending after only two days on the market. That tells you something. Selling for a cool $2.2 mil, this property consists of a cottage built in 1955 that sits on a 2.8 acre lot with 288 feet of frontage. The property has south-westerly exposure affording awesome sunsets and views of the Gunstock Mountains for the new owners. I suspect it won't be long before the cottage is demolished to make way for new construction