Category Archives: Lakes Region Blog

New Hampshire’s Lakes Region offers a diverse selection of real estate from the quintessential lakeside cottage on Lake Winnipesaukee to primary homes on larger parcels. There are many communities which are either on or clustered alongside one of the many lakes in the region, offering deeded beach rights and or deeded docking rights. The views experienced from many properties in the Lakes Region are some of the best you’ll find, anywhere.

Welcome to 3 Echo Landing in Moultonborough

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3 Echo Landing in Moultonborough

Sited on a beautiful stretch of shoreline often referred to as the “Gold Coast” of Lake Winnipesaukee, 3 Echo Landing in Moultonborough takes full advantage of its waterfront location, blurring the lines between indoors and out. The property offers four bedrooms, five baths, and an open concept floor plan with expansive windows from most every room capturing breathtaking views of the lake. Features include a floor to ceiling stone fireplace, spacious and functional kitchen with plenty of island seating, and a Master Bedroom containing two private ensuite bathrooms.

Outdoors, the property offers highly sought after South Western exposure with sun most of the day. Professional landscapes give way to crystal clear water. Enjoy Mahogany decking, gorgeous stone terraces, long lake views from a private Gazebo and a generous size dock with sitting area at the water’s edge.

A guest house completes this one-of-a-kind property.

Click here to schedule a private viewing of this special waterfront property!

 

3 Echo Landing on Lake Winnipesaukee

Long Lake Views from 3 Echo Landing

3 Echo Landing Waterfront

Lake and Mountain views from 3 Echo Landing in Moultonborough

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Click here to schedule a private viewing 

 

39 Colonial Drive in Moultonborough

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39 Colonial Drive Moultonborough

39 Colonial Drive Moultonborough NH

You’ll need to add 39 Colonial Drive in Moultonborough to your list of “must-see” homes. Perfect for use as a year-round home or as a four-season vacation get-away, this charming home is less than a mile (about a 15 minute walk) to downtown Center Harbor’s beach, library, shops, restaurants and ice-cream parlors! Located in the town of Moultonborough, you’ll enjoy an excellent school system and one of the lowest taxes rates in the State of New Hampshire.

There’s room for the whole family at 39 Colonial Drive with 4 bedrooms, 3 bathrooms and approximately 3,500+/- square feet. A well-equipped kitchen features granite counters, island, stainless appliances and eat-in breakfast area. Formal dining room and family room with fireplace are adjacent, and all have hardwood flooring throughout.

The second floor features a private master suite with vaulted ceilings, 2 walk-in closets and an over-sized bath. Two more bedrooms share the 3rd full bath. The lower level is finished and is the perfect hangout for kids or adults! There is a finished mudroom as you enter from the attached two car garage. All this comes complete with a wrap-around farmers porch which invites relaxing with your friends and family.

39 Colonial Drive in Moultonborough offers tremendous value priced at $374,900. Contact us to schedule a viewing of this beautiful Moultonborough home.

39 Colonial Drive Moultonborough, Outside Farmers Porch

39 Colonial Pines Drive Moultonborough – Living Room

This home is listed with Pam Cariello, Berkshire Hathaway HomeServices, Moultonborough Office

Windward Harbor offering available for sale in Moultonborough

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Windward Harbor

Windward Harbor is a national award winning community thoughtfully sited on the shores of Lake Winnipesaukee in Moultonborough. The community features a large natural sand beach, tennis courts and a fantastic private boat basin where every home comes with a deeded boat slip. Of course, the cornerstone of the community is the historic Swallow Point Boathouse which is used by the association as gathering place and is, on rare occa­sion, open to the public for special events.

3 Windward Way

Turnover is very low in community like Windward Harbor which makes an offering like 3 Windward Way all the more special. 3 Windward Way is situated right at the water’s edge surrounded by beautiful landscapes and lake views. This duplex features three bedrooms and fully finished walkout basement with bath. Perhaps best of all, you can walk out your door at 3 Windward Way to your deeded dock suitable for a boat up to 26′ and enjoy beautiful Lake Winnipesaukee.

Contact us today to schedule your private tour of Windward Harbor and 3 Windward Way!

 

This property is listed with Dorothy Hare of Lakes Region Realty Group, Berkshire Hathaway HomeServices.

 

Lake Winnipesaukee Real Estate Market Report ~ Jim Mardis

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Lake Winnipesaukee Real Estate Market Report

Lake Winnipesaukee Real Estate ~ a note from Jim:

2016 was another strong year for Lake Winnipesaukee waterfront home sales. There were 183 owned waterfront sales on “the big lake” compared with 176 in 2015 (a 4% increase) – and sales are up an impressive 42% over 2014 when there were 129 sales.

Lake Winnipesaukee waterfront homes also spent less time on the market before finding a buyer. Average days on market decreased from 220 days in 2015 to 141 days in 2016 – a decrease of 36%! The median sale price (the midpoint of all owned waterfront transactions on Lake Winnipesaukee) decreased 2% year over year, however it’s important to note that median and average sales statistics are not necessarily indicative of individual property values. There are many factors which contribute to the value of waterfront property including exposure, location, quality of water frontage, and future potential.  

Interest rates, which remain near historic lows having given back some of the gains seen right after the election, are widely expected to rise modestly in 2017. Although rising rates may have a slight dampening effect on the market, I often observe that many of our waterfront buyers are all cash buyers who are not dependent on financing for their purchase. As I tell all of our clients, we can’t predict where prices or levels of activity will be in the future, but inquiries to our office from qualified buyers looking to own waterfront homes on Lake Winnipesaukee remains steady and right now the inventory of waterfront homes available for sale is very low.

Jim Mardis
About Jim Mardis

Jim moved to the Lakes Region from Short Hills, NJ. He started his real estate career in 1977. He opened his first real estate office in Moultonborough in 1980. His company,
Lakes Region Realty Group (formerly CENTURY 21 Lakes Region Realty) became the areas number one office in the sale of waterfront properties on Lake Winnipesaukee multiple times

Jim has also been involved in the development of many Lakes Region residential and luxury lakeside communities having taken these projects from initial land planning and design through the construction and marketing stages. Jim’s projects include: Harbor Pines, Hemlock Harbor, Deerpoint on Lake Winnipesaukee, Crosswinds on Lake Winnipesaukee and the luxury Adirondack community of Iroquois on Lake Winnipesaukee.

In 2014, Jim sold the sales division of his company to Berkshire Hathaway Home Services Verani Realty – the number one real estate firm in New Hampshire. He, and his wife Ann, continue to own the Vacation Rentals division of the company (At the Lake Vacation Rentals, LLC ) and Jim continues to work out Berkshire Hathaway’s Moultonborough office.

Jim has a particular specialization in the waterfront markets of Moultonborough and Meredith and remains active providing consulting and development services as well as customized home marketing services to  clients on Lake Winnipesaukee and Squam Lake.

Thinking of Selling Your Lakes Region Home? 

Lake Winnipesaukee Home

Contact Jim to learn more about our Waterfront Marketing program for Lakes Region Home owners

Lake Winnipesaukee Real Estate Market Report

53 Blackey Cove Road, Moultonborough NH

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53 Black Cove Road New Concept

53 Blackey Cove Road, Moultonborough NH

If you’ve been looking for:

  • A natural and gently sloping sand beach
  • Protected waters for Kayaking, Canoeing, Swimming or Waterskiing
  • Western facing exposure with delightful sunsets
  • A central location close to Center Harbor amenities, shopping and dining
  • Value in today’s market

Then you have to put 53 Blackey Cove Road in Moultonborough at the top of your list!

53 Blackey Cove Road Moultonborough

This quaint 3 bedroom cottage is well priced and makes a wonderful lakeside retreat (less than 2 hours from Boston).  And when you’re not enjoying it, this lovely cottage has great summer rental potential too!

If you’re in the market for new construction, concept plans have just been rendered for a brand new home which has been specifically designed for this lot by award-winning architect Dann Norris Batting. Final permits are pending including a new septic design.

53 Black Cove Road New Concept

To request more information or to schedule a viewing of 53 Blackey Cove Road, Moultonborough – Contact Us.

Listed by: James Mardis, Berkshire Hathaway HomeServices / Moultonborough

11 Skywatch Road Center Harbor, NH 03226

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11 Sky Watch Road Center Harbor NH

11 Skywatch Road Center Harbor, NH 03226 

A remarkable estate home sited on over 12 acres of land with panoramic mountain and lake views!

11 Skywatch Road Center Harbor, NH

 

Presenting 11 Skywatch Road Center Harbor, NH a magnificent architect designed estate home built using the finest quality materials to the highest standards of excellence throughout the home. This home was thoughtfully sited at the crest of 12.48 acres of land with exquisite panoramic mountain and lake views overlooking the Lakes Region and beyond.  This property provides unparalleled privacy while being about 5 minutes from shops and restaurants in downtown Meredith. 

A private gated entrance to the property leads one through mature forests before arriving at the crest of the hilltop where it is clear that you’ve arrived at a very special place.  The buildings and improvements have been laid out in such a way as to take full advantage of the property’s unique topography and sweeping views.

11 Skywatch Road Center Harbor, NH – attention to detail at every level is extraordinary. Features include:  gourmet custom kitchen with stainless high-end appliances and granite surfaces, cooks pantry/prep area, tall and/or vaulted ceilings throughout, maple flooring with Tiger Maple accents, home movie theatre, exercise room, wine room to store up to 1000 bottles, 4 bedrooms, 3 full baths, 5 half-baths and a 9 zone radiant floor heating system incorporating six Carrier heat exchangers (heat and a/c) with humidity control systems backed up by two Weissmann Vitodens 100 boilers. The 20KW backup generator system exercises weekly automatically. The home incorporates the latest technology featuring a LiteTouch hard-wired home automation system throughout the home which remotely or locally controls lighting, security systems and sound.  The attached 4 car garage is heated. The detached barn/garage can accommodate a number of additional cars, boats and more.  This building is finished in a high endurance special epoxy coated finish which must be seen to be appreciated.

11 Skywatch Road Center Harbor, NH The property also features a tennis court surrounded by mature forests and gardens.  A rainwater recovery system is used for irrigation of the landscaped areas. Priced well below replacement cost, 11 Skywatch Road in Center Harbor represents a real value in today’s market and is truly a rare offering.

Contact Us today to schedule a private tour of 11 Skywatch Road Center Harbor, NH (by appointment only please)

Lake Winnipesaukee Waterfront Market Report

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Lakes Region Realty Group Is Pleased To Present Our Recent Lake Winnipesaukee Waterfront Market Report

Lakes Region Realty Group is pleased to present our recent Lake Winnipesaukee Waterfront Market Report.

Once again in 2013, Lakes Region Realty Group was Lake Winnipesaukee’s TOP SELLING Waterfront Real Estate Office. We take great pride in our ability to accurately advise our clients resulting in the successful sale of more Lake Winnipesaukee waterfront homes year after year.

Let Us Put Our Experience To Work For You!

Lake Winnipesaukee Waterfront Real Estate Report

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 Winnipesaukee Waterfront Salesre up; Average Sales Price is Down

Lakes Region Realty Group #1 in waterfront transactions on Lake Winnipesaukee (as of 8/31/13)

There were 84 waterfront sales on Lake Winnipesaukee through August 31st 2013.  This compares to 80 waterfront sales on the big lake in 2012 for the same time period – that’s an increase of 4.8% year-to-date.   However, although sales are up, the average sale price on Lake Winnipesaukee is down 7.54% from the same period last year. The average sales price through August 31st was $884,094 compared to $956,021 for the same period in 2012.  We note that there have been four sales over 2 million dollars on Lake Winnipesaukee this year compared to seven sales over 2 million dollars for the same period last year contributing to the lower average sale price for the Lake Winnipesaukee.

The largest sale on Lake Winnipesaukee so far in 2013 has been at 37 Spindle Point Road in Meredith. This spectacular 10,000 square foot Adirondack-style home was originally listed at 4.3 million dollars in 2010. It was relisted at $4,150,000 in 2012 and was sold in June for 3.6 million dollars.37 SPINDLE

Encouragingly, average “days on market” for properties on Lake Winnipesaukee is down over 25% from 297  days on market in 2012 to 219 days on market in 2013 year to date. On average, properties on Lake Winnipesaukee are selling at 87% of their original list price in 2013 year to date. Interest rates have risen about 125 basis points in the past six months, but are still near historic lows. 

Once again this year, Lakes Region Realty Group is proud to be leading the market in Lake Winnipesaukee waterfront sales (as of 8/31/13).  We take great pride in our ability to accurately advise our clients. If you are considering the purchase or sale of property in New Hampshire’s Lakes Region, please give us a call today and let us put our experience to work for you!

 

SALES

Lake Winnipesaukee Real Estate Report: 2013 Off To A Slow Start – But Activity Appears To Be Picking Up

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We haven’t reached the end of the first quarter of 2013 yet, but with the Dow Jones Industrial average reaching all time highs this week it seems appropriate to check in on the market a little closer to home – the Lake Winnipesaukee Waterfront Market.

So far in 2013 the largest closed waterfront sale on Lake Winnipesaukee was at 34 Boathouse Road in Moultonborough .  This 5,500 square foot Adirondack home was built by Scott C. Fuller Development and features 4 large bedrooms (including a master suite), 6 bathrooms, a great room with an elegant fieldstone fireplace, gourmet kitchen, a finished media room and bar area. The property features a sugar sand beach with 180 feet of clear Lake Winnipesaukee water frontage. The home was originally listed at $2,500,000 and sold 94% of its listed price at $2,350,000.  Lakes Region Realty Group was pleased to have provided all brokerage services in this transaction.

The least expensive sale so far this year took place at 11 Craig Way in Tuftonboro (Melvin Village). This property features a charming main cottage home, as well as two additional smaller cottages. The property has 95 feet of frontage on Lake Winnipesaukee with expansive southerly views which stretch across the lake all the way to Gunstock.  11 Craig Way was originally listed at $625,000 and sold for 86% of its listed price at $535,000.00

Lake Winnipesaukee Waterfront: By the Numbers:  Those who have followed our blog and market reports found on the homepage of LakesRegionRealEstate.com  know that in 2012, overall unit sales on Lake Winnipesaukee were up 17.5% and total dollar volume sales increased by nearly 20% over 2011.  2013 however, has gotten off to a slower start. From 1/1/13 to 3/6/13 there were only 7 closed waterfront sales on Lake Winnipesaukee. During the same period last year, there had been 15 closed waterfront sales – this represents a decrease of about 54% in unit sales. We believe some demand may have been pulled forward as sellers looked to negotiate the sale of their property in 2012 in order to avoid an increase in the capitals gains tax which took effect this year. In fact, the above referenced sale at 11 Craig Way was one of only two sales to occur on Lake Winnipesaukee in the month of January. Despite the slow start to 2013, there are signs of strength in the market. Although the sample size is small, the 7 transactions that have occurred year to date have yielded an average sales price on Lake Winnipesaukee   $909,285.71  –  that’s an increase of 8.4% over the same time period last year. In addition, there are currently 10 waterfront sales which are pending on Lake Winnipesaukee. Of the 10 sales that are pending, 6 of those sales have a list price of over $1 million dollars and there is one sale pending which is listed at over $4 million dollars.

We cannot predict future prices or activity levels, but there are several factors which lead us to be optimistic.  First, we are beginning to see increased buyer inquires to our offices. We invest significant resources to ensure buyers of Lakes Region Real Estate find Lakes Region Realty Group and our firm’s web site, LakesRegionRealEstate.com at the top of search returns.  But, perhaps more importantly, we believe increased buyer interest is being driven by a slowly but steadily improving employment picture as well as interest rates which remain near record lows.  In addition, our neighbors to the south in Massachusetts are seeing a very strong housing market in many parts on the state. This becomes important to our local market as many of our Lake Winnipesauke buyers come from MA and CT. As their primary home markets continue to recover, these buyers will be in a better position and more inclined to invest in a second home in our market on Lake Winnipesaukee.   

If you would like more information about specific sales in your neighbourhood or if you would like an opinion of value for your Lakes Region home in today’s market, please contact one of our offices: Meredith: 603-279-6000 or Moultonborough: 603-253-7766

Cheers,

Jim

James W. Mardis

President – Lakes Region Realty Group

An affiliate of Luxury Portfolio International

Real Estate Market Poised For Rebound

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January 1, 2013
MARKET POISED FOR CONTINUED GROWTH.
Having been in the real estate business for over 35 years, I’ve been close witness to several major pull backs in our market. I think all would agree that this one has trumped them all . We can’t complain. Other parts of the country have been ravaged in foreclosures and short sales while here in New Hampshire’s Lakes Region we have been, to a large extent, spared from the economic forces which have created havoc in so many other markets. I believe quality real estate such as you ‘ll find in our Squam and Lake Winnipesaukee areas is less vulnerable to the ups and downs in the market place.
The Lakes Region, overall, has offered a higher level of resilience to the negative market forces thus resulting in far fewer foreclosures and short sales on most any of the lakes you will find in New Hampshire’s Lakes Region. “HOLD” power has been impressive as owners price their homes and are willing to wait to get their price, confident that the market is going to move favorably.
The past three years have shown positive trending which would indicate we are in “stong recovery mode.” As an example, on Lake Winnipesaukee, unit sales have increased in each of the past three years.
2012 saw an 17% increase in unit sales and an 18% increase in dollar volume transactions on real estate sold on Lake Winnipesaukee. (Includes all towns which front on Lake Winnipesaukee.
Another indicator that the health of our economy is improving can be measured the greatly increased level of activity (bookings) realized last summer as families feel more comfortable in spending dollars for, in some cases, those long awaited vacations. As long as the interest rates remain anywhere near their current record low levels, low rates coupled with good incentives to buy should result in continued positive news for our local real estate market. Positive incentives would be price stabilization. I believe that buyer’s are noticing that the rate of declining prices has leveled off substantially in many cases. If prices are at or near the bottom and the cost of money remains historically low, now truly is the time to jump in and purchase real estate if, of course, all of your other stars are lining up for you.

The Vacation Home Rental business in the Lakes Region is experiencing strong demaind, for the third year in a row.
Many people choose to rent a private vacation home on or by the lake prior to making their pruchase decision.
Visit www.LakesRegionRentals.com for further details.

We’re optimistic, and we wish you all the very best for a healthy, happy and prosperous New Year!