720 Kearsarge RD, Conway, NH 03860
720 Kearsarge RD, Conway, NH 03860
720 Kearsarge RD, Conway, NH 03860
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Listed by Pamela Adami Keller Williams Coastal and Lakes & Mountains Realty
$1,250,000
Est. payment /mo
7,800 SqFt
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,800 sqft

Price per Sqft $160

MLS Listing ID 1654064

HOA Y/N No

Year Built 1773

Tax Year 2024

Lot Size 0.610 Acres

Acres 0.61

Property Sub-Type Multi Family

Source Maine Listings

Land Area 7800

Property Description

PRICE IMPROVEMENT! Located along Kearsarge Road in North Conway, the historic Isaac Merrill House offers a rare blend of Mount Washington Valley history, income potential, and future opportunity. Originally established in 1773 and long operated as a well-known bed & breakfast, the property is currently configured as a 17-room extended-stay rental property serving the area's workforce housing market. Generating over $212,000 in annual gross rental income, the property offers immediate cash flow with additional upside potential. Seller financing available for qualified buyers. Just minutes from Cranmore Mountain Resort, Story Land, Schouler Park, and North Conway Village, the location places residents and guests in the center of the valley's year-round recreation and activity. Continue the current rental model or explore future possibilities including group lodging, boutique inn operations, or reestablishing the property as a bed & breakfast, subject to local approvals. Showings scheduled in advance to accommodate current residents.

Location

State NH

County Carroll

Zoning RA

Direction Route 16 North to Artist Falls Rd, Left on North-South Rd, Right on Kearsarge. Turn left to stay on Kearsarge. Go about 1 mile and property will be on left.

Rooms

Basement Unfinished

Interior

Heating Electric, Gas Bottled, Oil, Baseboard, Forced Air, Hot Water, Steam

Flooring Carpet, Tile, Wood, Luxury Vinyl

Equipment Cable, Internet Access Available

Exterior

Parking Features 11 - 20 Spaces, On Site, Gravel

Roof Type Fiberglass,Shingle

Building

Lot Description Near Shopping, Ski Resort

Entry Level Multi-Level

Foundation Granite

Water Public

Others

Tax ID 000203000102000000


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Maine MLS (MREIS) IDX

Nearby School & Business

Monet Yarnell

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